Providential Holdings Announces Successful Merger of Vietnamese Specialty Steel Company

Providential Holdings, Inc., which operates in merger and acquisitions consultancy, financial services, energy and resources, real estate development and invests in special opportunities, has successfully completed the reverse merger of Nam Kim Joint Stock Co., a Vietnam-based company, (”NAKISCO”)... Read more..

El Capitan Precious Metals, Inc. Reports on Gold and Minerals Merger Status

El Capitan Precious Metals, Inc. reported that the proposed merger between ECPN and Gold and Minerals Company, Inc. (“G&M”) has reached the stage at which ECPN is ready to file a Form S-4 registration statement with the Securities and Exchange Commission. Due to the time-consuming nature of... Read more..

NovaGold Announces US$60 Million Financing With Electrum Strategic Resources

NovaGold Resources Inc. announced that it has entered into a definitive agreement with Electrum Strategic Resources LLC providing for the sale to Electrum on a private placement basis of 46,153,847 Units for a purchase price of US$1.30 per Unit, for aggregate gross proceeds of US$60 million. Each Unit... Read more..

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China Opportunity Acquisition Corp. to Merge with Chinese Specialty Steel Company

China Opportunity Acquisition Corp. announced that it has entered into a definitive agreement with Golden Green Enterprises Limited pursuant to which it will merge with China Opportunity, with BVICo being the surviving entity. BVICo’s subsidiary, Henan Green Complex Materials Co., Ltd, is a leading... Read more..

Dutch Gold Resources Announces Strategic Acquisition

Dutch Gold Resources, Inc., a developer and operator of proven gold mines and a regional mill in North America, today announced that it has entered in a Memorandum of Understanding to merge with Aultra Gold Resources, Inc. (OTC BB:AGDI.OB – News), a junior gold mining and exploration company with... Read more..

Sherwood & Capstone Announce Combination to Create Intermediate Copper Producer

Sherwood Copper Corporation have entered into a Letter Agreement to combine, by way of a plan of arrangement or other form of business combination, to create a well-funded, low-cost, growth-oriented, copper company with two producing mines in mining friendly jurisdictions in North America. The two companies... Read more..

Capstone & Sherwood Announce Combination to Create Intermediate Copper Producer

Sherwood Copper Corporation and Capstone Mining Corp. have entered into a Letter Agreement to combine, by way of a plan of arrangement or other form of business combination, to create a well-funded, low-cost, growth-oriented, copper company with two producing mines in mining friendly jurisdictions in... Read more..

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Maximus and NFX Report More High-Grade Results From the Bear Lake Gold Zone at Larder Lake

Maximus Ventures Ltd. report new results from the follow-up drilling program on the Bear Lake gold zone of the Larder Lake Property located in northeastern Ontario. Hole #49 intersected, at 750 meters vertical depth, 9.5 meters of carbonate-type mineralization grading 19.4 g/t gold, including a section... Read more..

Golden Eagle Reports on Production at C Zone Gold Mill

Golden Eagle International, Inc. reported that it is recovering gold at its C Zone operation in eastern Bolivia. The Company’s first 778 grams (25 troy ounces) will be sold at a minimum price of $840 per troy ounce pursuant to a sales contract. The C Zone operation is estimated to be averaging... Read more..

Union Gold Inc. Terminates Proposed Merger With Shoal Point Energy Ltd.

UNION GOLD INC., a TSX Venture Exchange listed Company, announced today that it has exercised its right to terminate the definitive agreement by and between Union and Shoal Point Energy Ltd. dated June 24, 2008, providing for a reverse take-over of Union (the “Agreement”). The Agreement permitted,... Read more..