TORONTO, ONTARIO--(Marketwire - June 18, 2012) - Crystallex International Corporation (OTCBB:CRYFQ) ("Crystallex" or the "Company") announced today that it has obtained a court order which allows it to delay holding its annual meeting pend...
Edgewater Exploration Ltd. arranges $120 million debt financing with Credit Suisse AG and Barclays Bank PLC to to develop the Corcoesto Gold Project, Galicia Spain.
"Thrilled" with the initial drill results, La Mancha continues to testing a depth of 600m, which is more than 350m deeper than the current resource boundary.
The announced public offering includes 1,950,000 common shares at a price of $1.30 per share and 7,150,000 flow-through shares at a price of $1.47 for gross proceeds of $13.0 million.
The agreement between the companies allows an exploration program on Golden Valley's Cheechoo and Sharks gold properties. The area has an estimated annual production of 600,000 ounces of gold, over a period of around 15 years beginning in 2014.