Cadence announces completion of amalgamation with subsidiary of Barrick Gold Corporation

Cadence Energy Inc. (formerly, Kereco Energy Ltd.) (”Cadence”), announced that at a special meeting of holders of Cadence common shares held today, a going private transaction involving the amalgamation (the “Amalgamation”) of Cadence and 1426384 Alberta Ltd. (”Newco”),... Read more..

Tag: barrick letter of transmittal, kereco energy and cadence energy

Barrick Gold Corporation on its cash offer

Barrick Gold Corporation told the press that it has entered into a support agreement with Cadence Energy Inc. (”Cadence”) for the all cash offer of $6.75 per share submitted to the Board of Cadence on July 17, 2008. The Board of Directors of Cadence has unanimously determined that Barrick’s... Read more..

Cadence Energy Inc to execute Support Agreement on implementing superior proposal with Barrick Gold Corporation

Cadence Energy Inc told the press that the company has received an unconditional support agreement (the “Support Agreement”) providing for the acquisition by Barrick Gold Corporation (”Barrick”) of all of the issued and outstanding common shares of Cadence (”Cadence Shares”)... Read more..

Barrick Sells Non-Core Royalties to Royal Gold-Achieves Lower Royalties on Cortez-Crossroads

Barrick Gold Corporation announced that it has entered into a definitive agreement to sell certain non-core royalties to Royal Gold Inc. in exchange for $150 million in cash and a significant reduction of royalties otherwise payable to Royal Gold on Barrick’s 100%-owned Cortez property. This transaction... Read more..

Royal Gold to Acquire Barrick Gold’s Royalty Portfolio

ROYAL GOLD, INC., the leading precious metals royalty company, announced that it has entered into a definitive agreement to acquire a portfolio of royalties from Barrick Gold Corporation (”Barrick”) for net cash consideration of $150 million and a restructuring of certain Royal Gold royalty... Read more..

High Desert Gold Corporation Announces Substantial Issuer Bid at Cdn.$0.27 per Share

High Desert Gold Corporation announced a substantial issuer bid (the “Offer”), pursuant to which the Company will offer to purchase for cancellation a maximum of 36,000,000 common shares of the Company (”HDG Shares”) (approximately 87.7% of the currently issued and outstanding... Read more..

Exeter Resource Corporation: Caspiche Drilling Extends Area of Excellent Grade Gold-Copper Mineralization

Exeter Resource Corporation reports excellent grades from drill hole CSD023, the first hole completed this season at its Caspiche gold-copper porphyry project in the Maricunga district, Chile. CSD023 intersected: - 102.0 metres (”m”) (335.0 feet (”ft”)) at a grade of 0.65 grams... Read more..

High Desert Gold Corporation Provides Update on Shareholder Rights Plan

High Desert Gold Corporation provided an update on shareholder rights plan which was adopted effective October 29, 2008, subject to acceptance by the Toronto Stock Exchange (the “TSX”). As previously announced on November 3, 2008, the Company had been advised that Northern Financial Corporation... Read more..

Kalimantan Gold Corporation Limited: Initial Resource Statement for the Mewet Vein at the Jelai Gold Project

Kalimantan Gold Corporation Limited announce the initial resource statement for only one of five main veins identified at the Company’s 100%-owned Jelai gold project in East Kalimantan, Indonesia. The Mewet Vein resource block is based on 23 drill holes and is contained within a 250 metre section... Read more..

Tag: drill hole spacing measured resources porphyry copper, kalimantan gold corporation ltd

Strait Gold Provides Corporate Update, Reviews Exploration Activity

Strait Gold provide a corporate update and review of its recently completed 2008 exploration activities in Peru. The Company currently has 23.0 million shares issued and outstanding (25.6 million fully diluted), approximately $1.4 million in working capital, current liabilities of less than $70,000 and... Read more..

Tag: aes corporation, pallcamachay copper molybdenum property