Melkior Resources Inc. (TSX VENTURE:MKR) today announced that the TSX Venture Exchange has conditionally accepted a brokered private placement of up to $3,000,000 consisting of units at a price of $0.30 per Unit and flow- through shares at a price of $0.33 per Flow-Through Share, and a non-brokered private placement of up to $600,000 consisting of Units.
East Asia Minerals Corporation (TSX VENTURE:EAS) announced that diamond drilling has further expanded the Main Miwah Gold Zone in Aceh Province, Northern Sumatra, Indonesia.
Southern Arc Minerals Inc. (TSX VENTURE:SA)today announced that the company has purchased the 2.0 hectare block of land on which its main Selodong base camp facility is located. This facility is the main base camp for all of the West Lombok Properties.
Western Copper Corporation (TSX:WRN) reported that the company has appointed Casimir Capital L.P. to act as its agent in connection with a private placement for up to 2,150,000 units of the Company at C$2.50 per unit for gross proceeds of up to C$5,375,000.
Western Areas (TSX:WSA)(ASX:WSA) reported that the company has commenced drilling at the Rautavaara Project in the Kainuu Schist Belt in central Finland.
Asian Mineral Resources Limited TSX VENTURE:ASN) announced that the company intends to complete non-brokered private placement of up to 59 million units.
On Tuesday, U.S. copper futures settled lower. This was after mixed economic data offered no new direction for prices and investor position.
Alturas Minerals Corp. (TSX VENTURE:ALT)(BVLAC:ALT)today reported that the company has entered into a letter agreement with Mr. Francisco Schubert, a Chilean individual, to acquire the La Corina copper-gold project, situated 70 kilometers northeast of La Serena in Region IV of northern Chile.
Abacus Mining & Exploration Corporation (TSX VENTURE:AME)today announced the start of drill programs at the Ajax deposit and Ajax East Extension area. This site is near-surface copper-gold rich zone fault offset immediately east of the Ajax deposit.
VMS Ventures Inc. (TSX VENTURE:VMS) today announced that Rare Element Resources (TSX VENTURE:RES)has now entered into definitive agreement with VMS to acquire the Eden Lake REE project in Manitoba, Canada.
Monday, November 30, 2009