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Five Star Diamonds Ltd. is very pleased to provide the following update on its activities at its 100% owned Brazilian Diamond Projects. Highlights Bulk sampling and jig processing at the Jaibaras Project has confirmed that four kimberlite pipes tested to date are diamondiferous with a total of six macro diamonds recovered. Samples collected from [...]
Millrock Resources is pleased to announce that PolarX has issued a press release concerning the recently completed drilling program at the Alaska Range Project in Alaska. Results from the first five holes of the program are reported. The Alaska Range Project is a new name given to the combined Stellar and Caribou Dome projects. The work was [...]
Alamos Gold is pleased to announce the completion of the previously announced plan of arrangement whereby Alamos acquired all of the issued and outstanding shares of Richmont Mines. Under the terms of the Transaction, all Richmont issued and outstanding common shares were exchanged on the basis of 1.385 Alamos common shares for each Richmont common [...]
Primero Mining today announced that the Company has agreed in principle with its lenders to an extension of its revolving credit facility and guarantee provided by Wheaton Precious Metals, previously maturing on November 23, 2017. The maturity of the RCF will be extended to December 1, 2017, providing the Company with the ability to continue [...]
As announced earlier today, Suncor successfully closed the sale of a 49% equity interest in the East Tank Farm Development project for aggregate proceeds of $503 million. Suncor is directing the proceeds from this sale, together with the proceeds from the issuance earlier this month of US$750 million in aggregate principal amount of 4.000% senior [...]
Midland Exploration is pleased to announce that it has completed a non-brokered private placement with accredited investors as well as with directors and officers of Midland and family members, close friends and business associates of Insiders by issuing a total of 1,692,854 flow-through common shares at $1.35 per Flow-Through Share, for total [...]
Atico Mining Corp. today announced its financial results for the three months ended September 30, 2017, posting a net income of $0.87 million. Fernando E. Ganoza, CEO and Director, commented, "We are pleased to report another strong quarter with continued improvements to our balance sheet. We anticipate this trend will continue throughout the [...]
Precision Drilling Corp. announced today the closing of its previously announced private offering of US$400 million aggregate principal amount of 7.125% Senior Notes due 2026 in a transaction that was exempt from the registration requirements of the U.S. Securities Act of 1933, as amended . The Notes were guaranteed on a senior unsecured basis by [...]
Suncor, Fort McKay First Nation and Mikisew Cree First Nation today announced the completion of the acquisition by FMFN and MCFN of a 49 per cent partnership in Suncor's East Tank Farm Development for total proceeds of $503 million. The two First Nations independently financed the acquisition through the issuance of $545 million, 4.136 per cent [...]
Robex Resources is pleased to publish their financial and operating results for the quarter that ended September 30, 2017. These results are very encouraging as the company's liabilities have declined significantly over the last three months and after only nine months of commercial production; the mine has become a very low-costing gold producer [...]
Editors Note: There are three photos associated with this press release. Lundin Gold Inc. is pleased to announce that it has been recognized by the United Nations Global Compact Networks of Colombia and Ecuador at the Best Practice Awards for Sustainable Development for its work undertaken jointly with the Lundin Foundation and Catering Las [...]
Precision Drilling Corp. announced today the early results of its previously announced cash tender offers for any and all of its outstanding 6.625% Senior Notes due 2020 and up to US$70,000,000 of its outstanding 6.500% Senior Notes due 2021 . Early Tender Results As of 5:00 p.m., New York City time, on November 21, 2017 , Precision had received [...]