Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Aug. 31, 2012) – Premium Exploration Inc. (TSX VENTURE:PEM)(OTCQX:PMMEF) (“Premium” or the “Company”) is pleased to announce that effective August 30, 2012 it has closed a non-brokered private placement (the “Private Placement“) with Osisko Mining Corporation (TSX:OSK) for 7,142,857 units (each a “Unit“) of the Company to raise gross proceeds of $500,000 at a price of $0.07 per share.
