Eclipse Gold (EGLD.V) is now fully cashed up after completing a C$12M bought deal. The cash was raised at C$0.75 by issuing almost 16 million shares in a no-warrant deal. […]
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Calibre Mining now expects to produce 110-125,000 ounces of gold this year
As the initial COVID-19 dust appears to be settling down, Calibre Mining (CXB.TO) now has a better idea what its mines will be able to produce this year. Whereas the […]
Defense Metals closes second tranche of financing, initiates environmental studies at Wicheeda
Defense Metals (DEFN.V) has initiated the baseline surface water assessment studies on its Wicheeda REE project in British Columbia. This is a necessary step in preparation of advancing the project […]
Saturday Read: District Metals secured the past-producing Tomtebo mine and just released historic drill results
District Metals (DMX.V) completed the deal to acquire the past producing Tomtebo polymetallic mine in Sweden. The seller, EMX Royalties (EMX.V) has gathered a lot of data District Metals is […]
Firefox Gold closes C$2M placement, gears up for summer exploration in Finland
Firefox Gold (FFOX.V) is now fully cashed up as the company just closed a C$2M placement, issuing 20 million units at C$0.10 per unit in two different tranches. Each unit […]
Monarch Gold sells Fayolle to IAMgold
Monarch Gold (MQR.TO) has signed an agreement with IAMgold (IMG.TO, IAG) whereby the later can acquire full ownership of the 1373 hectare Fayolle gold project in Québec. An initial C$9.7M […]
Report: Riverside Resources – Excellent partnership agreement with Hochschild mining emphasizes deal-making skills
Riverside Resources (RRI.V) only acquired the Los Cuarentas project in September 2019 when it purchased the portfolio of Mexican assets from Millrock Resources (MRO.V). But after doing some initial groundwork, […]
Petra Diamonds puts itself up for sale
As the diamond sector is in crisis and Petra Diamonds (PDL.L) needs to figure out how to refinance the $650M in debt (senior notes due in 2022), the company has […]