Day: May 20, 2015

First Quantum Minerals Announces Terms of Cdn$1.25 Billion Equity Offering

First Quantum Minerals Ltd. today announced that it has entered into an underwriting agreement with a syndicate of underwriters led by RBC Capital Markets and Goldman Sachs Canada Inc., and including Barclays, BNP PARIBAS, Deutsche Bank Securities, Jefferies International Limited and Nomura to sell 76,923,000 common shares of First Quantum at a price of Cdn$16.25 per common share to raise gross proceeds of Cdn$1.25 billion…

Marlin Gold Closes Equity & Debt Financings

Marlin Gold Mining Ltd. is pleased to announce that it has completed its previously announced non-brokered private placement of common shares. Pursuant to the Equity Offering, Marlin issued 15,625,000 common shares at a price of $0.56 per Common Share for aggregate gross proceeds of approximately $8,750,000.

Cyprium Mining Appoints Alain Lambert as CEO

Cyprium Mining Corporation is pleased to announce that it has appointed its current Chairman Mr. Alain Lambert as Chief Executive Officer of the Company. Mr. Lambert, who co-founded Cyprium in 2012, will now act as Chairman and C.E.O.

West Melville Consolidates Share Capital

West Melville Metals Inc. announces today that the directors have approved a consolidation of the Company’s issued and outstanding common shares at a ratio of one new share for ten old shares. The Company currently has 52,605,451 common shares outstanding and after the consolidation of its share capital will have 5,260,545 outstanding.

Kootenay Encounters More High-Grade Silver in Phase II of the La Negra Drill Program

Kootenay Silver Inc. is pleased to announce results from the final three holes of its Phase II drill program on the La Negra Diatreme Silver discovery on its Promontorio property in Sonora, Mexico. The final three holes of the program were designed to test variously La Negra’s northeastern extension, the western end, and another deep test of the diatreme breccia. High-grade intercepts were encountered in two of the three final holes expanding the extent of the mineralized breccia to the northeast and to depth…

All News