Barrick Gold: Cadence Energy accepts its sweetened all-cash buyout offer of $407.8M

Canadian miner Barrick Gold Corp.told the press that oil and natural gas producer Cadence Energy Inc. has accepted its sweetened buyout offer. Toronto-based Barrick formalized its offer to buy Cadence for 410 million Canadian dollars ($407.8 million), or 6.75 Canadian dollars ($6.70) per share. Previously,... Read more..

Cadence Energy to accept Barrick Gold’s cash offer

Canadian miner Barrick Gold Corp told the press that the oil and natural gas producer Cadence Energy Inc. has accepted its sweetened buyout offer. Toronto-based Barrick formalized its offer to buy Cadence for 410 million Canadian dollars ($407.8 million), or 6.75 Canadian dollars ($6.70) per share. Previously,... 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 Gold’s offer for Cadence Energy

Canadian miner Barrick Gold Corp, sweetened and formalized its offer to acquire oil and natural gas producer Cadence Energy Inc., outbidding rival suitor Daylight Resources Trust. Toronto-based Barrick offered to acquire Calgary-based Cadence for 410 million Canadian dollars ($409.3 million), or 6.75... Read more..

Rio Tinto Alcan initiates CDN$200 million Canada fund

Rio Tinto Alcan has initiated formation of the previously announced CDN$200 million fund to support communities in Canada. Named the Rio Tinto Alcan Canada Fund, this is a major step in the fulfilment of Rio Tinto’s promise to continue the former Alcan’s commitments to communities in which... Read more..

Eastmain Resources Inc.: Ruby Hill Project — Drilling Underway

Eastmain Resources Inc. announces that drilling is underway on its wholly-owned Ruby Hill Project. The project is located in the eastern portion of the Upper Eastmain River Greenstone belt approximately 325 km north-northeast of Chibougamau, Quebec. Ruby Hill comprises two large claim blocks totaling... Read more..

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Fronteer Completes Acquisition of Aurora

Fronteer Development Group Inc. announced today that it has acquired all of the remaining common shares of Aurora Energy Resources Inc. (”Aurora”) pursuant to a going private transaction involving the amalgamation (the “Amalgamation”) of Aurora and a direct wholly-owned subsidiary... Read more..

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Zaruma Resources reports TSX reviewing Listing

Zaruma Resources Inc., announced that it has been advised by the Toronto Stock Exchange that the TSX is reviewing the eligibility for continued listing on the TSX of the common shares of the Company. It is the Company’s understanding that the TSX is primarily concerned with the Company’s... Read more..

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Claude Resources Announces 22,000 meter Underground Drill Program at Madsen, Red Lake

Claude Resources Inc. will continue its underground drill program, targeted at the historic high grade 8 Zone, and concurrently execute its surface exploration program at the Company’s Madsen property located at Red Lake, Ontario. Phase 1 of the underground program, launched from the 10th level... Read more..

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Eastmain Resources Inc. Announces Goldcorp to Participate in Future Exploration At Eleonore South Project as a Joint Venture

Eastmain Resources Inc. announced that Les Mines Opinaca Ltee., a wholly-owned subsidiary of Goldcorp Inc., has elected to terminate its right to increase its interest by 6.67% in the Eleonore South project in favour of proceeding with future exploration as a joint venture. Eastmain will continue to... Read more..