News

Alberta-listed Pan East Resources has entered into a heads of agreement with Resource Capital International and Greenstrike Gold Corp. Under the terms, Resource Capital will purchase 555,555 units o…

For the nine months ended Sept 30, McIntyre Mines posted a profit of $1.65 million or 45 cents per share before extraordinary income, compared to a profit of $1.3 million or 36 cents per share in th…

at a price of 30 cents per share, with non-transferrable share purchase warrants, entitling the placees to purcahse up to 415,000 shares at a price of 40 cents per share for a 12-month period. This …

A long-time prospector and mining entrepreneur, Lyle F . Smith, has d ied at the age of 65, at his home in Killaloe, Ont. Mr Smith was particularly active throughout his career in northern Ontario and…

basis of 1 new for 5 old shares.

Recent court decisions foiled Revenue Canada’s general attempt to limit a limited partners’ allocation of deductions to the amount of his liability for economic loss or “at-risk” amount. The moratoriu…

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** in Canada gold shares ** Investors looking for capital gain opportunities in Canadian gold shares should consider some of the numerous promising high quality gold exploration and development projec…

77 cents each and 3,125,000 receipts for $1.60 each. Each unit consists of one common share and one-half a share purchase warrant. The receipts entitle the holders to one flow-through share for explo…

officer.

200,000 shares of the company’s capital stock at 45 cents per share. These shares will be designated as flow-through, the company says, and the proceeds will go to finance exploration on the company’…

A lease agreement held by Cornucopia Resources has been renegotiated, the company says. The agreement concerns the Red Mountain gold deposit in Colorado. Under the new deal, Cornucopia will receive a …