GoldMet, a Netherland based company, has purchased 24,112,500 transferrable stock purchase warrants of Monument privately and exercised them at $0.50 per share.
The Company has been advised by Sprott Asset Management LP, on behalf of certain of its funds, and by Waterton Global Value that each propose to subscribe for such number of Units as would result in them holding 19.9% of the issued and outstanding securities of the Company following the closing of the Private Placement.
VANCOUVER, July 19, 2012 /CNW/ - Northern Vertex Mining Corp. (TSX.V:NEE) (OTCQX:NHVCF) is pleased to announce additional assay results from historic underground workings at the Moss Gold-Silver
Gold World Resources has contracted Norseman Exploration, Whitehorse to execute part of its intended 2012 exploration program by extracting a series of bulk samples beginning with a 50t sample from the Mount Anderson Yukon gold/silver, polymetallic project.
Sunset Cove Mining (TSXV: SSM) (BVL: SSM) is pleased to announce the discovery of a new silver vein, Vanessa, where surface sampling shows 312.77 g/t AG, on its Carolay Polymetallic Silver Property. Vanessa is located 60 meters below the Carolay vein with a strike of 325° azimuth and a 56° dip to the northeast.
The company announced today that it plans to exit Papua New Guinea following receipt of a formal notice that the licence renewal for its non-core Kili Teke property was denied.
Galaxy is an Australian-based global lithium company with lithium production facilities, hard rock mines and brine assets in Australia, China, Canada and Argentina.
Former CFO, Amir Mousavi, filed a notice of application with the Ontario Supreme court to confirm the election of a dissident board of directors. The vote came about after the incumbent board "failed to address concerns raised about lack of leadership and excessive CEO compensation, travel and entertainment expenses."
Gold Bullion is claiming the amount of $25 million in damages from Genivar as a result of failure to properly perform its contractual obligations in relation to the Granada and Castle Mines projects.
Pan American Silver's mission is to be the world's largest and lowest cost primary silver mining company by increasing its low cost silver production and silver Mineral Reserves.
The draft legislation also introduces a series of new regulations that will greatly increase royalties on, and impose economic participation by the province in all mining projects, including Navidad.
