BRC DiamondCore Ltd has closed a non-brokered private placement of 7,500,000 units of the Company at a price of Cdn$0.08 per unit for proceeds to the Company of Cdn$600,000. Each such unit is comprised of one common share of the Company and one warrant of the Company, with each such warrant entitling the holder to [...]
Diamond Fields International Ltd. (DFI:TSX) (“DFI” or the “Company”) is pleased to announce that on October 8, 2010 the Toronto Stock Exchange (“TSX”) conditionally accepted a private placement of 7,234,461 Units for gross proceeds of Cdn$1,229,858. Each Unit is comprised of one common share and one-half transferable share purchase warrant, each whole warrant entitling the [...]
Diamond Frank Exploration Inc. (“Diamond Frank”) (TSX VENTURE: DOD.V) announces the closing of a brokered private placement led by BayFront Capital Partners Ltd. (the “Agent”) for total gross proceeds of $3,000,000 (the “Placement”). In connection with the Placement, Diamond Frank issued a total of 12,000,000 units (the “Units”). Each unit at a price of $0.25 [...]
Diamond Frank Exploration Inc. has entered into an agreement with BayFront Capital Partners Ltd. (the “Agent”) to act as agent for and on behalf of the Company, on a “best efforts” agency basis, without underwriter liability, in connection with a private placement of units (the “Units”) at a price of $0.25 per Unit for aggregate [...]
Further to the announcement of 2 June 2010, Petra is pleased to confirm that it has now signed final loan agreements (the “Agreements”) with IFC (a member of the World Bank Group) and Rand Merchant Bank (“RMB”), a division of FirstRand Bank Limited, (together the “Lenders”) with regards to the new secured debt facilities of [...]
Botswana is inviting American investors to explore the investment opportunities in areas of great potential such as mineral beneficiation that includes diamond polishing, cutting and jewelry making, and mineral prospecting and mining, as well as other sectors says the country’s VP.
Stellar, the AIM-quoted diamond mining and exploration company focused on West Africa, announces that it has today conditionally placed 38 million new Ordinary Shares of 5 pence each in the Company (the “Placing Shares”) with institutional and other investors at par value to raise gross proceeds of £1.9 million (the “Placing”). Highlights: Brokered private placement [...]
TORONTO and NEW YORK, September 9, 2010 – Mountain Province Diamonds Inc. (“Mountain Province” or the “Company”) (TSX: MPV, NY-AMEX: MDM) announced today that has entered into a new shareholder rights plan (the “Plan”) to update its existing plan, subject to all necessary regulatory and shareholder reconfirmation. The Plan is designed to ensure that the [...]
Diamond explorer and miner Afri-Can Marine Minerals Corporation has closed a non-brokered private placement in the amount o $ 1 million for the sale of 12,500,000 units (‘Unit’), at a subscription price of $0.08 per Unit.
Shear Minerals Ltd. (SRM:TSXV) has announced that it has engaged RBC Capital Markets as lead agent and Macquarie Capital Canada Ltd. to raise approximately $15 million by way of a marketed private placement (the “Offering”) of units (the “Units”) and flow-through common shares (“Flow-Through Common Shares”). Each Unit will consist of one common share and [...]
Diadem Resources Ltd. has entered into a financing agreement with the MineralFields Group for a private placement of up to 6,250,000 “Flow Through” Units at $0.16 per Unit to raise up to $1,000,000 of new working capital. The placement is expected to close not later than July 26, 2010. “We are very pleased to be [...]
IGE Resources AB (OSE: IGE) today announced that the Company has secured NOK 16.6 million of new equity by utilizing its Standby Equity Distribution Agreement (SEDA).IGE Resources AB (OSE: IGE) today announced that the Company has secured NOK 16.6 million of new equity by utilizing its Standby Equity Distribution Agreement (SEDA). IGE Resources has issued [...]