Archive for December, 2009

Western Troy Capital Resources update

Western Troy Capital Resources Inc. (TSX VENTURE:WRY)today announced that the grant of 400,000 options announced in a press release dated December 30, 2009 has been reduced to 180,000 options.

Northern Tiger Resources to grant stock options

Northern Tiger Resources Inc. (TSX VENTURE:NTR) reported today that it intends to grant 1,600,000 stock options, to directors, officers, consultants and employees of the Corporation at an exercise price of $0.12 per Common Share with a five-year term to expiry.

Castle Gold Shares Tendered to Argonaut

CASTLE GOLD CORPORATION (TSX VENTURE:CSG)reported that as of the tender deadline at 11:59 p.m. (Toronto time) on December 29, 2009, 78,349,528 common shares of Castle Gold had been validly deposited to Argonaut’s offer to acquire all of the outstanding shares of Castle Gold.

CADAN RESOURCES new director

CADAN RESOURCES CORPORATION (TSX VENTURE:CXD)(FRANKFURT:A0MZ25) reported that Mr Robert Gordon Butchart has been appointed as a Director to the Company.

Ginguro Exploration executes definitive option

Ginguro Exploration Inc. (TSX VENTURE:GEG) reported that the company has executed a definitive option agreement with privately-held Canadian Continental Exploration Corp., pursuant to which Canadian Continental can an earn a 70% interest in El Alto, Ginguro’s Chilean Iron Oxide-Copper-Gold property.

Prelim Capital Signs Agreement with Hudson River

Prelim Capital Inc. (TSX VENTURE:PLM.P) reported that it has signed a binding Amalgamation and Qualifying Transaction Agreement dated December 18, 2009, with Hudson River Minerals Ltd., relating to the Company’s proposed qualifying transaction under the policies of the TSX Venture Exchange originally announced on October 6, 2009 and referred to in the press release of December 7, 2009.

International Millennium Amends Private Placement

International Millennium Mining Corp. (TSX VENTURE:IMI)(FRANKFURT:L9J) reported that, encouraging response to the Company’s private placement, initially announced December 9, 2009, has resulted in the placement being over subscribed by 2,217,237 units.

Nuinsco Resources Limited update

Nuinsco Resources Limited (TSX:NWI) reported the closing of a further tranche of its non-brokered private placement for up to 22,222,222 units at a price of $0.09 per unit for gross proceeds of up to $2,000,000.