Copper Company News Directory

NGEx Resources to Acquire 100 Percent of Filo Del Sol

NGEx Resources Inc. (TSX:NGQ) has entered an agreement to purchase a 40 percent interest in the Filo del Sol project, currently held by its partner Pan Pacific Copper Co., Ltd., for a 100 percent interest in the project. Under the terms of the agreement, NGEx will pay a total cash consideration of US$7.0 million to pan pacific.

VVC Closes $411,365 Private Placement

VVC Exploration (TSXV:VVC) announced it closes a $411,365 private placement after selling 8,227,300 units of the company for $0.05 per unit. The company expects to complete a further private placement before the end of 2014. The funding will go towards funding the start up of a pilot mine on its Samalayuca copper project.

Excelsior Mining Closes Greenstone Transaction

Excelsior Mining Corp. (TSXV:MIN,FWB:3XS,OTCQX:EXMGF) has closed the second tranche of a US$10 million equity financing and strategic partnership with Greenstone LLP. The company also appointed Lord Robin Renwick, Lord Renwick of Clifton to its board of directors.