Platinex Inc. (TSX VENTURE:PTX), reported that the company has engaged T2W Market Liquidity Inc. effective May 1, 2010, to provide market liquidity services for its common shares listed on the TSX Venture Exchange.
Gold Canyon Resources Inc. (TSX VENTURE:GCU)(PINK SHEETS:GDCRF) reported that the company has received additional assays from its recently completed drill program at its 100% controlled Springpole gold project in the Red Lake Mining District in Ontario, Canada.
Gossan Resources Limited (TSX VENTURE:GSS) reported that recently completed Phase III bench scale results from tests conducted at Process Research Ortech (PRO) confirm that the Zuliani Process produces magnesium metal under atmospheric conditions at exceptionally high raw material efficiencies.
MARIFIL MINES LTD. (TSX VENTURE:MFM) reported that Castillian Resources Corp. has terminated its agreement with Marifil and provided the Company with a NI 43-101 report on the property.
Platinum Group Metals Ltd. (TSX:PTM)(NYSE Amex:PLG) reported the completion of the previously announced transaction whereby Platinum Group Metals Ltd. acquires ownership of up to a 74% interest in Projects 1 and 3 of the Western Bushveld Joint Venture including the feasibility stage, 275,000 ounces per year Project 1 Platinum Mine.
Moneyweb.com reported that Platinum leaves gold in the dust :
North American Palladium Ltd. (TSX:PDL)(TSX:PDL.WT.A)(NYSE Amex:PAL) has increased its previously announced cross-border bought deal financing to 17,400,000 units.
North American Palladium Ltd. (TSX:PDL)(TSX:PDL.WT.A)(NYSE Amex:PAL) reported that the company entered into an agreement with a syndicate of underwriters co-led by Cormark Securities Inc. and Haywood Securities Inc. under which the Underwriters have agreed to purchase 15,000,000 units from the Company on a bought deal basis at a price of C$5.00 per Unit for aggregate gross proceeds of approximately C$75,000,000.
Noront Resources Ltd. (TSX VENTURE:NOT) reported that the company has entered into an agreement with Dundee Securities Corporation on behalf of itself and a syndicate of agents including Wellington West Capital Markets Inc. and Genuity Capital Markets under which they have agreed to offer for sale, on a best efforts basis, flow-through common shares of Noront at a price of $1.83 per Flow-Through Share for aggregate gross proceeds of up to $15 million.
Premium Exploration Inc. (TSX VENTURE:PEM) reported that the company has engaged Byron Securities Ltd. as lead agent, in a syndicate which also includes Industrial Alliance Securities Inc, for a brokered private placement with the intent of raising $7,000,000 for ongoing exploration and development activities on Premium’s projects.
Friday, April 30, 2010