White Canyon Uranium Limited to List on TSX Venture Exchange
Utah based uranium producer, White Canyon Uranium Limited (”White Canyon” or “the Company”) is pleased to announce that effective February 12, 2010, the ordinary shares of the Company will commence trading on the TSX Venture Exchange (TSX-V) under trading symbol WU. The Company will be classified as a Tier 2 Mining Issuer and is categorized as a dual–listed Company with the Australian Stock Exchange. Canaccord Capital Inc. acted as sponsor for the Company in respect of the listing application.
“We have been looking forward to the TSX-V listing”, said White Canyon Managing Director, Peter Batten. “With a strong North American shareholder base and projects in Utah we expect an increased level of interest in the Company and its activities”. Read more
Kinross Provides the following Update on its Paracatu Mine
Kinross today provided the following update on its Paracatu expansion project in Paracatu, Minas Gerais State, Brazil:
Based on the expansion plant’s current operating levels and an expected production run rate of approximately 35,000 gold equivalent ounces per month in the fourth quarter of 2009, the Company expects full-year 2009 gold equivalent production at the Paracatu operation to be approximately 340,000-360,000 ounces, at an average cost of sales per ounce of $700-735. Read more
Acquisition of Derby Salt Pty Ltd
Sirius Exploration Plc announces that it has acquired 100percen of the ordinary shares.in Derby Salt Pty Ltd for a consideration of £13,000,000. This consideration has been satisfied
by Derby Salt’s shareholders accepting 100,000,000 new Ordinary Shares of 0.25p in Sirius.at a price of 13p per share. Following completion of the transaction, Sirius will have an issued share capital
of 600,730,150 Ordinary Shares. Read more
Petro Andina Announces Meeting of Shareholders to Approve Arrangement
CALGARY, ALBERTA-
Petro Andina Resources Inc. is pleased to announce that it has received an interim order from the Alberta Court of Queen’s Bench authorizing the holding of a special meeting of Petro Andina shareholders to approve the previously announced Plan of Arrangement transaction involving, among others, Petro Andina, Parex Resources Inc. Read more
Nevada Exploration Appoints Jennifer Boyle to Board of Directors
TORONTO, ONTARIO-Nevada Exploration Inc.is pleased to announce the appointment of Ms. Jennifer Boyle, B.A., LL.B. to NGE’s Board of Directors.
Ms. Boyle is a former Calgary securities lawyer and is now based in Toronto, where she is the Chief Executive Officer of CapEx Group Inc., a private consulting firm that works with early-stage junior resource companies to develop various growth strategies, including financings, and identifying and structuring mineral property joint ventures. Ms. Boyle is also the Chief Executive Officer and co-founder of Takara Resources Inc. , and prior to that, she co-founded Golden Valley Mines Ltd., and was a co-founding director and former Executive Officer of Canadian Royalties Inc. Ms. Boyle’s appointment to the board is subject to the approval of the TSX Venture Exchange. Read more
Aura Minerals Completes Preliminary Assessment Study on Serrote Deposit of Arapiraca Project
VANCOUVER, BRITISH COLUMBIA- Aura Minerals Inc. is very pleased to announce the completion of the preliminary economic assessment study on the advanced-stage Serrote da Laje depositat its wholly-owned Arapiraca Copper-Gold-Iron Ore Project in Alagoas State, Brazil.
The Study was compiled by PEG Mining Consultants Inc., with the collaboration of Geosim Services Inc., Brian Kennedy, P.Eng, and the Aura Minerals Technical Group. The Study is based on the Measured, Indicated and Inferred resources as stated in the National Instrument 43-101 compliant technical report dated April 9, 2009 and entitled “Mineral Resource Update, Serrote da Laje and Caboclo Deposits of the Arapiraca Copper-Gold-Iron Ore Project, State of Alagoas, Brazil”, prepared by Ronald G. Simpson, P.Geo. of Geosim Services Inc. Read more
