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Glen Eagle Resources announces the resignation of Frank Rosenberg as Director of the Company. Mr. Rosenberg stated in his resignation letter that his decision was preemptive to avoid a potential conflict of interest that could result from his latest investment activities. The Company wants to thank Mr. Rosenberg for his services and sound advice [...]
Petroteq Energy Inc. , announces that, further to its news release of January 26, 2018, the Company has closed a private placement of 870,369 common shares of the Company to six arm's length purchasers for gross proceeds of US$922,591.14 at US$1.06 per share. All of the shares issued are subject to a four month hold period from the date of [...]
Suncor today announced it will proceed with the phased implementation of autonomous haulage systems at company-operated mines, starting with the North Steepbank mine. Over the next six years, the company expects to deploy more than 150 autonomous haul trucks in the full program, which will be one of the largest investments in electric autonomous [...]
BlackPearl Resources Inc. is pleased to provide a construction update on its Onion Lake thermal expansion project and Q4 2017 production information, as well as, announce the results of its 2017 independent year-end oil and gas reserve and resource evaluation. Highlights and accomplishments included: Construction of the Phase 2 expansion of the [...]
Globex Mining Enterprises Inc. is pleased to report that despite the Christmas and New Year's break, Globex's December royalty payment from the Nyrstar NV Zinc Mine in Tennessee rose again to US$ 133,199 or CAD$ 170,109 based on an average zinc price of US$ 1.45 per pound. The current zinc price has moved up further to US$ 1.62/lb. Other News [...]
Gratomic Inc. is pleased to announce that it has entered into a letter of intent with a strategic partner to establish, fund, design, develop, market, and create an ecosystem for producers and users of graphene in all parts of the graphene food chain based on blockchain technology. This new ecosystem will facilitate distribution and sale of the [...]
Osisko Metals Inc. is pleased to announce new drill results from the Gilmour South project located 35 km south west of Bathurst, New Brunswick. Drill hole GS-17-02 intersected 7.74% Zn; 2.42% Pb; 0.48% Cu; 79.34g/t Ag and 0.24g/t Au over 11.40 metres in a previously unrecognized massive sulphide extension of the deposit. Diamond drill hole [...]
Midland Exploration Inc. is pleased to report that drilling will resume on the Vortex zone, located in the west part of the Casault property held in joint venture with SOQUEM INC. . The Vortex zone is a new "syenite-associated disseminated gold" discovery located along the Sunday Lake Fault, about 40 kilometres east of the Detour Lake mine. This [...]
Sterling Resources Ltd. is pleased to announce that its Board of Directors has approved the development budget of $30.6 million for fiscal 2018. The budget is focused towards bringing the Bretana oil field online in Block 95, in Northeast Peru. In this press release, all dollar amounts are in United States dollars. 2018 Capital Budget Capital [...]
GoldQuest Mining Corp. is pleased to report assay results from the latest seven drill holes from its Cachimbo Discovery located within the Company's 100% owned Tireo Concessions in the Dominican Republic. Mineralization at Cachimbo remains open in all directions. The Company's 50-km-long land package also hosts multiple targets areas and the [...]
Canada Rare Earth Corp. is pleased to announce that it has entered into a $1,500,000 convertible loan facility with Talaxis Limited as a component of the strategic business and financing arrangements with Talaxis announced on January 25, 2018. Tracy A. Moore, Chief Executive Officer of Canada Rare Earth explained: "We are very pleased to announce [...]
Orla Mining Ltd. is pleased to announce that it has agreed with a syndicate of underwriters led by GMP Securities L.P., and including Paradigm Capital Inc., Cormark Securities Inc., TD Securities Inc., Desjardins Securities Inc. and Raymond James Ltd. , to increase the size of its previously announced C$25,480,000 bought deal offering. Pursuant to [...]