Ascot Resources Ltd. (TSX-V:AOT) is pleased to announce that it has completed its previously announced non-brokered private placement of 7,533,967 units at a price of $1.00 per Unit for gross proceeds of $7,533,967.00. Each Unit …
Monthly Archives: December 2015
Western Lithium Secures US$5,000,000 Line of Credit
Western Lithium USA Corporation (TSX:WLC)(OTCQX:WLCDF) is pleased to announce that, further to its news release of November 16, 2015, it has completed the US$5,000,000 Line of Credit Agreement with its largest shareholder, Geologic Resource Partners …
The November/December 2015 Issue of The Prospector News is available for download
Download issue here November 2015 TheProspectorMagazine 4 THE GROWING STEALTH BULL MARKET FOR URANIUM The most – followed stories concerning energy of the recent past have been of oversupply, price weakness and …
The Week of December 7th to December 13th, 2015 “A Brief Look Back Into Tomorrow”
The new trading week began on Monday, December 7th and followed an Organization of Petroleum Exporting Countries (OPEC) admission that its members had been cheating on their crude oil production quotas (Surprise!) and that the …
Ucore Closes $6.9 Million Royalty Financing with Option to Increase to $8.2 Million
Ucore Rare Metals Inc. (TSX-V:UCU) (OTCQX:UURAF) is pleased to announce that the Company has entered into an agreement with a foreign investment fund through which the Investor will pay USD $5.0 million (approximately CAD $6.9 …
Balmoral Reports Gold Recoveries of 91.4% From Preliminary Metallurgical Testing of Bug Lake Gold Zones, Martiniere, Quebec
Balmoral Resources Ltd. (TSX:BAR) (OTCQX:BALMF) today announced that gold recoveries of 91.4% and silver recoveries of 80.2% have been achieved in preliminary metallurgical testing conducted on a composite sample comprised of material from the four …
Champion Announces Definitive Agreement to Acquire Bloom Lake Mine and Rail Assets
Champion Iron Limited (ASX:CIA) (TSX:CIA) is pleased to announce that Québec Iron Ore Inc., a wholly-owned subsidiary of the Company, has entered into an Asset Purchase Agreement to acquire, subject to Court approval, the Bloom …
Serious Challenges to Future Mining Investment Necessitate Immediate Action: New Report by Ontario Chamber of Commerce
In a major report released today, the Ontario Chamber of Commerce urged provincial and federal governments to take bold steps to position Ontario’s mining sector for success in the future. In Digging Deeper: Strengthening Ontario’s …
Romios Announces It Has Signed a Memorandum of Understanding (MOU) With North Caribou Lake First Nation
Romios Gold Resources Inc. (TSX-V:RG) (OTC PINK:RMIOF) (FRANKFURT:D4R) is pleased to announce that it has entered into an exploration Memorandum of Understanding with the North Caribou Lake First Nation to work together to establish a …
True North Gems Commences Mining at the Aappaluttoq Ruby and Pink Sapphire Deposit
True North Gems Inc. (TSX-V:TGX) is very pleased to announce the initiation of mining operations at the Aappaluttoq Ruby and Pink Sapphire deposit in S.W Greenland. “On behalf of True North Gems Inc., …
