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..
MetalCORP Limited announce the signing of an option agreement with Kennecott Canada Exploration Inc. , an indirect wholly-owned subsidiary of Rio Tinto plc, a leading international mining group headquartered in London, UK. Kennecott has the right to earn 51% interest in MetalCORP’s GUP project... Read more..
Iberian Minerals Corp. announces that the Company’s wholly-owned subsidiary, Minas de Aguas Tenidas, S.A. has entered into a joint venture agreement with Cadillac Ventures Inc., a Canadian junior exploration company. The Agreement relates to 14 properties comprising all or part of 24 Mining Concessions... Read more..
Apex Silver Mines Limited announced that it has entered into a non-binding letter of intent with Sumitomo Corporation providing for the sale of Apex Silver’s interest in the San Cristóbal mine to Sumitomo for a cash purchase price of $22.5 million. Apex Silver would continue to manage the mine... Read more..
High River Gold Mines Ltd. announced today that the strategic investment agreement with Veromart Securities Inc., an indirect wholly-owned subsidiary of the Alfa Group Consortium, has been terminated due to market conditions. David Mosher, President and CEO of High River commented: “The recent... Read more..
Neenah Enterprises, Inc. and Neenah Foundry Company announced today that a newly-created wholly-owned subsidiary of the Company has purchased substantially all of the business and assets of Morgan’s Welding, Inc., a steel fabricator located in Pennsylvania, for a cash purchase price of $3.85 million... Read more..
High River Gold Mines Ltd. announced that it has entered into an arms-length strategic investment agreement with Veromart Securities Inc., an indirect wholly-owned subsidiary of the Alfa Group Consortium (the “Alfa Group”) which is one of Russia’s largest privately-owned financial/industrial... Read more..
LS Cable Ltd. today announced that LS Cable’s indirect subsidiary, Cyprus Acquisition Merger Sub, Inc., has commenced a tender offer for all the outstanding shares of common stock of Superior Essex Inc. at a purchase price of US$45.00 per share in cash. The transaction implies a total equity value... Read more..
Carlisle Goldfields Limited a Canadian based gold exploration and development company announce that, further to its press release dated February 26, 2009, Carlisle will be acquiring additional gold properties from Delta Uranium Inc. (”Delta”). This is pursuant to a proposed business combination... Read more..
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..