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  Mining fund taps into another Ottawa investment

  January 4th, 2010 - 16 h 08

  Ottawa-based Galahad said its previously announced non-brokered private placement of two million flow-through units priced at 11 cents each has attracted the attention of MineralFields Group. “We are very pleased to be commencing this...

  Section : Mining | 0 Comment

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  Galahad seeks funding for Ontario, Quebec properties

  December 29th, 2009 - 14 h 22

  The junior mining firm, which is based in Ottawa, said it's arranged a non-brokered private placement of two million flow-through units at 11 cents each.It said it would use the proceeds to fund the construction of an ice bridge across a...

  Section : Mining | 0 Comment

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  Melkior to ramp up drilling programs

  December 22nd, 2009 - 16 h 34

  The Ottawa-based company announced it’s hoping to “aggressively expand its work programs” with the more than $8 million in cash on hand it currently holds. In particular, it plans to ramp up drilling on its 100-per-cent owned...

  Section : Mining | 0 Comment

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  Paramount takes on Sudbury project, drops B.C. property

  December 21st, 2009 - 16 h 53

  The Ottawa-based company said it’s decided not to move forward with the Vidette Lake project, which it had earlier touted as a historically high-grade gold and silver mine with potential to also produce tellurium, a mineral used in Blu-ray...

  Section : Mining | 0 Comment

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  Melkior raises $5.9M

  December 17th, 2009 - 13 h 15

  The company, which is based in Ottawa, said it’s completed the first closing of a brokered private placement of almost nine million units at 30 cents each, for a total of roughly $2.7 million, and more than 9.6 million flow-through common...

  Section : Mining | 0 Comment

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  Mazorro mulls mining project in war-torn DRC region

  December 9th, 2009 - 10 h 00

  Ottawa-based Mazorro said it has entered into an agreement in principle with Kinshasa's Congo Mining Co. sprl that will see Mazorro buying a 100-per-cent interest in six mineral exploration permits for US$100,000 in cash and 800,000 common shares....

  Section : Mining | 0 Comment

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  Orezone starts up new uranium joint venture in Niger

  November 24th, 2009 - 14 h 38

  The Ottawa-based mining firm said it's signed a definitive agreement to buy the exploration licences from Toronto-based North Atlantic Resources Ltd. (TSX:NAC) for $250,000. As part of the deal, Orezone will create a uranium-focused...

  Section : Mining | 0 Comment

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  Paramount raises $21.7M in public offering

  October 15th, 2009 - 23 h 42

    No warrants were issued in connection with the financing, Paramount said in a release, adding that shares were priced at $1.25. Paramount said it intends to use the proceeds to aggressively explore its San Miguel project and surrounding...

  Section : Mining | 0 Comment

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  Wedge Energy grants stock options

  September 17th, 2009 - 23 h 44

    The options were approved at Wedge's board of directors meeting in late August, and are priced at 10 cents with an expiry date of Aug. 31, 2014. CEO and chairman Robin Dow told OBJ the move was prompted by a desire to foster a...

  Section : Mining | 0 Comment

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  Kinbauri to raise $3M

  May 15th, 2009 - 11 h 07

  Kinbauri said it's offering six million units at 50 cents each in the non-brokered private placement, with the proceeds going towards general working capital purposes. The firm has just agreed to sell a 45-per-cent interest in its Spanish...

  Section : Mining | 0 Comment

Other news

• May 11th, 2009 Kinbauri CEO says hostile bid 'absolutely ridiculous'
• April 17th, 2009 Kinbauri agrees to give up half-interest in main project for $32M
• March 26th, 2009 Kinbauri raises more cash for Spanish mining project
• March 5th, 2009 Kinbauri closes first portion of $3M placement
• February 20th, 2009 Kinbauri seeks $3M for El Valle/Carles
• January 22nd, 2009 Kinbauri increases gold resource estimates at El Valle
• December 17th, 2008 Kinbauri options out property, lets go of Nevada project
• December 15th, 2008 Kinbauri mulls merger to forward Spanish mine
• December 11th, 2008 'It's like having a house half-built' - Orezone sells mine for $139M
• October 22nd, 2008 TAKING STOCK: Paramount set to ride out junior mining storm