Posts by Marketwire - Mining and Metals:

Mega Announces $15 Million Private Placement Financing

Mega Precious Metals Inc. (TSX VENTURE:MGP) ("Mega") is pleased to announce that it has entered into an agreement with Jennings Capital Inc., as lead agent on behalf of a syndicate of agents including Fraser Mackenzie Limited and PowerOne Capital Markets Limited (collectively, the "Agents"), in connection with a best efforts private placement offering of up to 8,196,722 units ("Units") of Mega at a price of $0.61 per Unit and up to 12,965,340 flow-through units ("Flow-Through Units") of Mega at an average price of $0.77 per Flow-Through Unit for aggregate gross proceeds of up to $15 million (the "Offering"). THUNDER BAY, ONTARIO--(Marketwire - Feb. 29, 2012) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES...

Graphite Partnership Established with Amseco Exploration

St-Georges Platinum and Base Metals Ltd. (CNSX:SX)(OTCQX:SXOOF)(BSE:85G)is pleased to announce that it teams up with Amseco Exploration Ltd. in order to acquire and explore more than 10,110 hectares in a district known to host multiple graphite occurrences these properties were acquired by the staking of crown lands and will result in no dilution to our shareholders.

Strait Gold options Caribe copper property in Peru

Strait Gold Corporation ("Strait Gold" or the "Company") (TSX VENTURE:SRD) is pleased to report that it has reached an agreement with Minera Senna EIRL ("Senna"), a private Peruvian company, giving Strait Gold the option to purchase a 100% interest in the Caribe copper property in Peru's Apurimac Region.

OFL accuses Vale of whitewashing investigation into double fatality, calls for criminal investigation

Ontario Federation of Labour President Sid Ryan accused multinational mining corporation, Vale, of whitewashing an internal investigation into a 2011 double fatality at its Stobie Mine in Sudbury. ULAANBAATAR, MONGOLIA--(Marketwire - Feb. 29, 2012) - Undur Tolgoi Minerals Inc. ("UTM" or the "Company") (CNSX:UTM) is pleased to announce that its previously outlined winter work program is now in full operation. The mobile camp is in pl...

Galahad Metals amends private placement

Galahad Metals Inc. ("the Company), (TSX VENTURE:GAX) announces that, subject to TSX Venture Exchange (the "Exchange") approval, the Company has increased the previously announced non-brokered financing from 5,000,000 units to 6,000,000 non-brokered units at a price of $0.05 per unit.