URSA Major Minerals Incorporated (TSX:UMJ) reported that the Company has arranged non-brokered private placement financings for up to 7,300,000 units at $0.10 per unit and 1,700,000 flow through common shares at $0.10 per share for total proceeds of up to $900,000.
The Investment U.com reported why investing in Platinum is important:
Brompton Funds Management Limited reported the closing of the warrant offering for Precious Metals Bullion Trust (TSX:PBU.UN). Gross proceeds of the offering totaled $26.7 million, representing approximately 89% of the maximum available subscription.
Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) reported closing of its previously announced private placement of common share units at a price per Unit of $0.21 for gross proceeds to the Company of $360,000.
The Financial Sense University reports on the future of precious metals in 2010:
CROWFLIGHT MINERALS INC. (TSX:CML) reported today initial assay results from a program of exploration and delineation drilling completed in December 2009 at the Company’s M11A North project area.
Golden Chalice Resources Inc. (TSX VENTURE:GCR) reported that it has engaged the services of SRK Consulting (Canada) Inc. to initiate a National Instrument 43-101 compliant resource audit and estimate on the Langmuir W4 Nickel deposit.
Colossus Minerals Inc. (TSX:CSI) reported that the company has filed an updated National Instrument 43-101 compliant technical report entitled “Technical Report on Recent Exploration at the Serra Pelada Gold-Platinum-Palladium Project in Pará State, Brazil for Colossus Minerals Inc.” dated January 31, 2010 in respect of the Serra Pelada property.
Prize Mining Corp. (TSX VENTURE:PRZ) and its joint venture partner, Eagle Plains, reported the filing of an NI 43-101 compliant Technical Report on the Yellowjacket Project.
Xstrata Nickel reported that the Company’s Sudbury Operations has reached a tentative agreement for a new Collective Agreement with the Canadian Auto Workers Sudbury Mine, Mill and Smelter Workers Union Local 598, which represents Xstrata Nickel’s Sudbury production and maintenance employees.
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