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Beta Executes Securities Exchange Agreement to Acquire Namibian Westport Ltd.
Beta Minerals Inc. (”Beta”) is pleased to announce that it has entered into a securities exchange agreement dated July 9th, 2007 (”Securities Exchange Agreement”) with Forsys Metals Corp. (”Forsys”), a public Ontario company and Namibian Westport Ltd. (”Namibian”) (formerly Namibian Minerals Ltd.), the wholly-owned subsidiary of Forsys, pursuant to which Beta will acquire all […]
Pencari Announces Closing of Private Placement
Pencari Mining Corporation (”Pencari”) is pleased to announce that it has closed the $1,100,000 private placement announced on June 22, 2007. This private placement consisted of the sale of 2,000,000 units at a price of $0.55 per unit, each unit consisting of one common share and one half of a non-transferable share purchase warrant, […]
Gryphon Gold Conference Call Re: Nevada Eagle Resources LLC
Gryphon Gold Corporation : Gryphon Gold will hold a conference call on July 12, 2007 at 10:00am Pacific time to discuss the recent acquisition of Nevada Eagle Resources LLC (”Nevada Eagle”), a privately held Nevada corporation.
To participate in the live conference call please use the following dial in phone numbers:
416-406-6419 / 888-575-8232.
A replay of the […]
HudBay Substantially Increases Mineral Resources
HudBay Minerals Inc. today announced a National Instrument 43 101 (NI 43-101) compliant in-situ mineral resource estimate for its Tom and Jason deposits in the Yukon Territory.
“The mineral resource estimate confirms our combined Tom and Jason deposits as one of the largest undeveloped zinc/lead deposits in North America,” said Peter Jones, President & CEO. “These […]
More News on Diagem’s Chapadao Kimberlite Cluster Discovery in Juina, Brazil
Diagem Inc. is pleased to announce it has contracted Dr. Felix Kaminsky, renowned for his work as a chief diamond research scientist for the Ministry of Geology of the USSR, to perform additional research on the recent Chapadao diamond discovery. Dr. Kaminsky, who has extensive international diamond exploration experience, conducted research for the Company in […]
Areva Lands Uranium Miner
Uranium is a hot property. On Friday the French state-controlled nuclear energy producer Areva agreed to buy UraMin, a South African uranium exploration firm, for a little over $2.5 billion, or $7.75 a share, in its bid to increase production of the element.
The all-cash offer represents a 21% premium to UraMin’s 20-day weighted average price […]
Nord Resources Corporation Announces Appointment of Two New Directors
Mr. Ronald A. Hirsch, Chairman of the Board of Directors of Nord Resources Corporation (“Nord”), announced that John T. Perry and T. Sean Harvey were appointed to the Board of Directors yesterday.
“Mr. Harvey is an accomplished leader in mining and finance who has enjoyed success as a director and CEO of several public companies, while […]
Alberta Star Continues to Drill Uranium Targets at Eldorado
Alberta Star Development Corp., (the “Company”), is pleased to announce that the Company has received approval for an additional 100,000 meters of drilling at the Eldorado IOCG & uranium project (the “Eldorado & Glacier Lake Permit”) and an additional 100,000 meters of drilling at the Contact Lake IOCG & uranium project (the “Contact Lake Permit”) […]
Afri-Can Marine Minerals Update
Afri-Can Marine Minerals Corporation has been informed by International Mining and Dredging Holding Ltd. (IMDH) that conversion of the sampling vessel is proceeding well in Singapore, with completion expected at the end of 2007, at which time the vessel will move to Namibia to begin sampling Afri-Can’s Block J marine diamond concession. The final schedule […]
