Posts by Marketwire - Mining and Metals:

Allied Nevada Reports Q3 2011 Net Income of $14.7 Million ($0.16/Share)

RENO, NEVADA--(Marketwire - Nov. 7, 2011) - Allied Nevada Gold Corp. ("Allied Nevada" or the "Company") (TSX:ANV)(NYSE Amex:ANV) is pleased to report its financial and operating results for the three and nine months ended September 30, 2011. The results presented in this press release should be read in conjunction with the Company's Form 10-Q (quarterly report) filed on SEDAR and EDGAR and posted on Allied Nevada's website at www.alliednevada.com. The financial results are based on United States GAAP and are expressed in U.S. dollars.

Galore Announces Flow-Through Offering

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 4, 2011) - Galore Resources Inc. (TSX VENTURE:GRI) announces a non-brokered private placement of up to 730,333 flow-through shares at $0.15 per share with an overallotment option of an additional 15%. Proceeds of the financing will be used to carry out an airborne survey on the Company's Taseko property in southwestern British Columbia. The Company has contracted Geotech Ltd. of Aurora, Ontario to complete a 920-line-kilometre ZTEM airborne survey over key exploration targets on its Taseko property.

Sulliden announces $75 million bought deal financing

Sulliden Gold Corporation Ltd. ("Sulliden", the "Company") (TSX:SUE)(OTCQX:SDDDF)(BVLAC:SUE) is pleased to announce that it has entered into an agreement with National Bank Financial Inc. and Cormark Securities Inc. as co-lead underwriters on behalf of a syndicate of underwriters to be formed (the "Underwriters"), for the issuance of 43,353,000 common shares (the "Shares") of the Company, on a bought deal basis, at a price of $1.73 per Share for gross proceeds of $75,000,690 (the "Offering").

Goldstrike expands Coffee Creek style targets on Lucky Strike

Goldstrike Resources Ltd. (TSX VENTURE:GSR)(PINK SHEETS:APRAF)(FRANKFURT:KCG1) and Petro One Energy Corp. (TSX VENTURE:POP)(PINK SHEETS:CUDBF)(FRANKFURT:C6K1) are pleased to announce further results from the Lucky Strike property in Yukon's White Gold District, where previously reported trenching exposed Coffee Creek-style mineralization producing samples as high as 3.06 grams per tonne gold in silicified bedrock along a 7 kilometre northwest-trending structure outlined by geophysics (joint news release August 18, 2011). Additional positive results have now outlined three new zones on the property that require follow up exploration and drilling. The main mineralized trend on the Lucky Strike property has been named the "Lucky Leprechaun" zone.

Gold Canyon closes bought deal private placement for gross proceeds of $15 million

Gold Canyon Resources Inc. (TSX VENTURE:GCU) ("Gold Canyon" or "the Company") is pleased to announce that it has closed its previously announced bought deal private placement through a syndicate of underwriters led by CIBC World Markets Inc. and Frazer Mackenzie Limited, and including Cormark Securities Inc., GMP Securities LP, and Dahlman Rose & Company (collectively, the "Underwriters") of 1,300,000 common shares of Gold Canyon ("Common Shares") at $2.35 per Common Share and 2,500,000 flow-through shares of Gold Canyon ("FT Shares") at a price of $2.80 per FT Share (the "Offering").

Kilo Goldmines C$10 million private placement fully allocated

Kilo Goldmines Ltd. (TSX VENTURE:KGL)(FRANKFURT:02K) ("Kilo" or the "Company") is pleased to announce that the private placement financings previously announced on October 18, 2011 are fully allocated (collectively, the "Offering"). The Company expects to raise gross proceeds of C$10,000,000 through the issuance of common shares on a "best efforts basis" at a price of C$0.20 per common share. The number of common shares offered pursuant to the Offering may be increased to meet over-subscriptions.