Marketwire - Financial Agreements

International Wayside Gold Mines Ltd.: Private Placement of Up to $10,000,000 in Units and Subscription Receipts

Fri, 20 Nov 2009 20:08:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 20, 2009) -�International Wayside Gold Mines Ltd. (the "Company") (TSX VENTURE:WYG)(FRANKFURT:IWUB) has entered into an agreement with D&D Securities Company ("D&D" or the "Agent") to act as lead agent, together with Octagon Capital Corporation, as co-lead agent (together, the "Agents"), in connection with a private placement offering of up to 12,500,000 units at $0.80 per unit comprised of up to 2,500,000 units of the Company (the "Unit Offering") at a price of $0.80 per unit ("Unit"), each Unit consisting of one common share and one-half of one common share purchase warrant ("Warrant"), and up to 10,000,000 subscription receipts (each, a "Subscription Receipt") at a subscription price of $0.80 per Subscription Receipt (the "Subscription Receipt Offering").�Each Subscription Receipt will entitle the holder thereof to acquire, for no additional consideration, on

Hawthorne Gold Announces a Non-Brokered Flow Through Private Placement for Gross Proceeds of Up to $1 Million

Fri, 20 Nov 2009 18:28:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 20, 2009) -

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Hawthorne Gold Corp. ("Hawthorne" or the "Company") (TSX VENTURE:HGC) announces it has arranged a non-brokered private placement of up to 2,439,024 flow-through shares (the "Flow Through Shares") at a price of $0.41 per Flow-Through Share for gross proceeds of up to $1,000,000 (the "Non-Brokered Offering").�Each Flow-Through Share will consist of one common share in the capital of the Company which will qualify as a "flow-through share" for tax purposes under the Income Tax Act (Canada).

The Flow-Through Shares will be made available to subscribers resident in Canada by way of private placement

Cordy Terminates Private Placement

Fri, 20 Nov 2009 18:18:00 EST

CALGARY, ALBERTA--(Marketwire - Nov. 20, 2009) - Cordy Oilfield Services Inc. ("Cordy") (TSX VENTURE:CKK) announces that the $4.8 million private placement of units undertaken in October 2009 has been terminated with the agreement of all participants. Subscription funds will be refunded to subscribers without interest or deduction and the common shares and warrants will be returned to treasury for cancellation.

Cordy undertook the private placement to obtain working capital flexibility and to assist in funding potential acquisition opportunities. Cordy's Board is satisfied that at all times it fulfilled its fiduciary duties and acted in good faith and in the best interests of Cordy and all of Cordy's shareholders in connection with the private placement. The private placement was undertaken by Cordy in good faith on its reliance upon the earli

Canadian Oil Recovery & Remediation Enterprises Ltd.: Early Warning Report in Accordance With National Instrument 62-103

Fri, 20 Nov 2009 18:08:00 EST

CALGARY, ALBERTA--(Marketwire - Nov. 20, 2009) - In connection with a recently completed financing by Canadian Oil Recovery & Remediation Enterprises Ltd. ("CORRE" or the "Corporation") (TSX VENTURE:CVR), Mr. Hassan Dahlawi, a director of the Corporation, directly acquired ownership of an aggregate of a convertible debenture in the aggregate principal amount of $750,000 (the "Debenture"), together with a common share purchase warrant (the "Share Warrant"), pursuant to which he has undertaken to subscribe for and fund $750,000 of common shares of CORRE at a price of $0.20 per share. The Debenture has a coupon of 10% (payable quarterly in arrears) and a maturity date of one (1) year from the date of issuance, subject to extension for one (1) additional year beyond the ini

Ecometals Obtains Loan Extension

Fri, 20 Nov 2009 18:07:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 20, 2009) - Ecometals Limited (TSX VENTURE:EC)(BERLIN:GDQ)(FRANKFURT:GDQ) (the "Company") -

The Company wishes to announce that it has agreed with Zurily Resources and Trading PTE Limited (the "Lender") an extension to its US$ 750,000 loan (the "Loan"). The Loan was originally advanced to the Company by the Lender on July 7^th 2009 with repayment due on October 7^th 2009. A Loan extension agreement has been entered into today between the Company and the Lender to extend that repayment date to April 7^th 2010. In consideration for the extension, the Company is issuing to the Lender on today's date 400,000 bonus warrants entitling the holder to acquire one common share at a price of $0.74 until April 7^th 2010.

Atikwa Resources Inc. Announces Private Placement

Fri, 20 Nov 2009 17:33:00 EST

CALGARY, ALBERTA--(Marketwire - Nov. 20, 2009) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES Atikwa Resources Inc. ("Atikwa" or the "Company") (TSX VENTURE:ATK) today announced a non-brokered private placement of up to 6,666,667 units (each a "Unit") of the Company at a price of $0.075 per Unit for aggregate gross proceeds to the Company of up to $500,000. Each Unit will consist of one flow-through common share of the Company and one non-flow-through common share purchase warrant (the "Warrants"). Each Warrant will entitle the holder to acquire one common share at an exercise price of $0.10 for a period of 12 months from closing.

Moydow Mines International Inc. Completes Partial Sale of Ntotoroso Royalty for US$13 Million and Enters Into an Arrangement Agreement with Franco-Nevada Corporation

Fri, 20 Nov 2009 17:24:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 20, 2009) - Moydow Mines International Inc. ("Moydow" or the "Company") (TSX:MOY) (AIM:MOY) announced today that it has completed the sale of an undivided 20% interest in the Company's Ntotoroso 2% net smelter returns royalty (the "Ntotoroso Royalty") to Franco-Nevada Corporation (TSX:FNV) ("Franco-Nevada") for cash consideration of US$13 million. The Ntotoroso Royalty is on a portion of Newmont Mining Corporation's Ahafo gold mine in Ghana. The sale forms the first part of a previously announced transaction with Franco-Nevada, which is seeking to acquire both the Company and the Ntotoroso Royalty.

Timminco Completes $5.3 Million Private Placement Equity Financing

Fri, 20 Nov 2009 17:09:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 20, 2009) - Timminco Limited ("Timminco")(TSX:TIM) announced today that, further to its news release on November 18, 2009, Timminco has completed its private placement equity offering to AMG Advanced Metallurgical Group N.V. ("AMG") of approximately 3.8 million common shares at a price of $1.38 per share for proceeds of approximately $5.3 million. As a result, AMG now owns approximately 67.8 million common shares of Timminco, representing 46.0% of Timminco's total issued and outstanding share capital.

Indico Closes Financing

Fri, 20 Nov 2009 17:06:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 20, 2009) - Indico Resources Ltd. (the "Company") (TSX VENTURE:IDI) wishes to announce that on November 12, 2009 the Company issued 3,000,000 units at a price of $0.15 for gross proceeds of $450,000.00.�Each unit consisted of one common share and one-half share purchase warrant.�Each whole warrant is transferable and is exercisable to acquire one additional common share until November 12, 2011 at an exercise price of $0.25.

Chudleigh Ventures Inc. Announces Increase of its Private Placement to $6.1-$8.5 Million

Fri, 20 Nov 2009 16:50:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 20, 2009) - Chudleigh Ventures Inc. ("Chudleigh") (TSX VENTURE:CLV.P), a Capital Pool Company, is pleased to announce it will increase the size of its previously announced private placement that will close concurrently with its Qualifying Transaction. Chudleigh now intends to offer (the "Offering") a minimum of 24.4 million units and a maximum of 34 million units, at a subscription price of $0.25 per unit, for gross proceeds of between $6.1 million and $8.5 million. Each unit will consist of one common share and � warrant, each whole warrant entitling the holder to acquire one additional common share at a purchase price of $0.40 for a 24 month period.

Chudleigh had previously announced on November 7, 2008 and September 29, 2008 the terms of its Qualifying Transaction (as that term is d

Cap-Link Announces $75 Million Financing

Fri, 20 Nov 2009 11:56:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 20, 2009) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. WIRE SERVICES

Cap-Link Ventures Ltd. (the "Company") (TSX VENTURE:CAV) announces that, further to its press release of November 3, 2009, it proposes to raise up to CDN$75 million by way of a private placement of subscription receipts. The issue price for each subscription receipt will be CDN$0.35. Each subscription receipt will entitle the holder to receive one unit of the Company without payment of any additional consideration, on satisfaction of certain conditions. Each unit will be comprised of one common share of the Company and one common share purchase warrant. Each whole warrant will entitle the holder to purchase one common share of the Company at a price equal to CDN$0.35 per share for the period expiring 36 months following the closing date of the p

Micronutrient Initiative Receives Renewed Canadian Support to Expand Live-Saving and Life-Enhancing Programs

Fri, 20 Nov 2009 10:30:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 20, 2009) - The Micronutrient Initiative, a Canadian non-profit organization working to improve global nutrition through vitamins and minerals, received a $150 million boost to its programming from the Government of Canada through the Canadian International Development Agency (CIDA) today.

"We are grateful and encouraged by today's announcement that Canada will continue its support to the Micronutrient Initiative to ensure that the world's most vulnerable children and women get the vitamins and minerals they need to live rich and full lives," said Venkatesh Mannar, President, of the Micronutrient Initiative. "As today is National Children's Day, it is appropriate that the Minister of International Cooperation, the Honourable Bev

Red Pine Exploration Announces Private Placement Offering

Fri, 20 Nov 2009 09:57:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 20, 2009) - Red Pine Exploration Inc. ("Red Pine" or the "Company") (TSX VENTURE:RPX) announces its initiation of a brokered and non-brokered offering for gross proceeds of $2,530,000.

The Company intends to raise, on a best efforts basis, up to $1,530,000 through the issuance of 17,000,000 Flow-Through Units and up to $1,000,000 through the issuance of 12,500,000 Non-Flow-Through Units, for gross total proceeds of up to $2,530,000.

Flow-Through Units are offered at $0.09 per unit. Each Flow-Through Unit entitles the subscriber to receive one Flow-Through Common Share of the Company plus one-half of one Non-Flow-Through Purchase Warrant. Each full Non-Flow-Through Purchase Warrant is exercisable for one common share of the Company at an exercise price of $0.15 for 24 months from the date of issue.

Angle Energy Inc. Announces $40 Million Bought Deal Financing and Expanded 2010 Capital Program

Fri, 20 Nov 2009 08:38:00 EST

CALGARY, ALBERTA--(Marketwire - Nov. 20, 2009) -

NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR DISSEMINATION IN THE UNITED STATES

Angle Energy Inc. ("Angle" or the "Company") (TSX:NGL) is pleased to announce a $40 million bought deal financing to support both an expanded capital expenditure program and the proposed acquisition of Stonefire Energy Corp. ("Stonefire") announced today.

Avion Gold Corporation Announces $20 Million Bought Deal

Fri, 20 Nov 2009 08:13:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 20, 2009) - THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Avion Gold Corporation (TSX VENTURE:AVR) is pleased to announce that it has entered into an agreement with Cormark Securities Inc., on behalf of a syndicate of underwriters co-led by Cormark and Canaccord Capital Corp., and including Macquarie Capital Markets Canada Ltd., and Wellington West Capital Markets Inc. pursuant to which the underwriters have agreed to purchase 50,000,000 Common Shares at a price of $0.40 per Common Share for gross proceeds of $20 million. The Corporation has granted the underwriters an over-allotment option to purchase an additional 7,500,000 Common Shares at the offering price until the date that is 30 days following the closing of this offering. The Corporation will file a preliminary short form prospectus in each of the Provinces

Softchoice Corporation to Raise $17,437,500 Through Bought Deal Public Share Financing

Fri, 20 Nov 2009 08:05:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 20, 2009) - NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Softchoice Corporation (TSX:SO) announced today that it has entered into a binding bought deal agreement with a syndicate of underwriters co-led by GMP Securities L.P. and Cormark Securities Inc. and including Paradigm Capital Inc. and Raymond James Ltd., pursuant to which the underwriters have agreed to purchase 2,250,000 common shares (the "Shares") at a price of C$7.75 per Share for gross proceeds to the Company of C$17,437,500.

SouthGobi Energy Resources Closes Convertible Debenture Financing

Thu, 19 Nov 2009 20:19:00 EST

HONG KONG, CHINA--(Marketwire - Nov. 19, 2009) - Alexander Molyneux, President and CEO of SouthGobi Energy Resources Ltd. (TSX VENTURE:SGQ), announced today that, further to its news release of October 26, 2009, it has completed the US$500 million convertible debenture financing with a subsidiary of China Investment Corporation.

The net proceeds of the offering will be used to expand the company's coal mining and exploration activities in southern Mongolia and for general corporate purposes.

Avis aux m�dias : Le gouvernement du Canada fera une annonce li�e � la cale s�che de Kingston

Thu, 19 Nov 2009 14:46:00 EST

KINGSTON, ONTARIO--(Marketwire - 19 nov. 2009) - Gord Brown, d�put� de Leeds-Grenville, au nom de l'honorable Christian Paradis, ministre des Travaux publics et des Services gouvernementaux, annoncera la signature d'un contrat pour la cale s�che de Kingston. /T/ Date : Le 20 novembre 2009 Heure : 10 h Endroit : Marine Museum of the Great Lakes 55, rue Ontario Kingston (Ontario) /T/

Media Advisory: Governement of Canada to Make an Announcement Related to the Kingston Dry Dock

Thu, 19 Nov 2009 14:46:00 EST

KINGSTON, ONTARIO--(Marketwire - Nov. 19, 2009) - Gord Brown, Member of Parliament, Leeds-Grenville, on behalf of the Honourable Christian Paradis, Minister of Public Works and Government Services, will announce a contract award for the Kingston Dry Dock. /T/ Date: November 20, 2009 Time: 10:00 a.m. Location: Marine Museum of the Great Lakes 55 Ontario Street Kingston, Ontario /T/

Rio Alto Mining Limited: Private Placement of Common Shares

Thu, 19 Nov 2009 10:35:00 EST

CALGARY, ALBERTA--(Marketwire - Nov. 19, 2009) - Rio Alto Mining Limited ("Rio Alto" or the "Company") (TSX VENTURE:RIO) (BVLAC:RIO) (DB FRANKFURT:MS2) and (A0MSLE) is pleased to announce that it is undertaking a private placement of its common shares (the "Shares"). Kallpa Securities S.A.B. ("Kallpa") will act as the agent to offer the Shares on a commercially reasonable best efforts basis to qualified South American investors. Kallpa was the sponsoring broker for Rio Alto's recent listing on the Bolsa de Valores de Lima. Shares may also be offered to qualified investors outside of South America on a non-brokered basis.

Cypress Development Arranges Flow-Through Private Placement

Thu, 19 Nov 2009 09:00:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 19, 2009) - Cypress Development Corp. (TSX VENTURE:CYP) announce that it has arranged a non-brokered private placement to raise $500,000 by the issuance of 3,333,333 flow-through units at a price of $0.15 per unit. Each flow-through unit consists of one flow-through common share and one non-transferable share purchase warrant. Each share purchase warrant entitles the holder to purchase a non flow-through common share of the Company at a purchase price of $0.20 per warrant share for a period of two years from the date of closing of the private placement.

Lake Shore Gold Announces Plans to Aggressively Advance Timmins Projects, Arranges $100 Million In Financing

Thu, 19 Nov 2009 08:58:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 19, 2009) - Lake Shore Gold Corp. (TSX:LSG) ("Lake Shore Gold," "the Company" or "LSG") today announced an agreement with Hochschild Mining Holdings Ltd. ("Hochschild"), a wholly owned subsidiary of Hochschild Mining plc (LSE:HOC), to raise $85.0 million through a private placement transaction for 19.2 million shares at a price of $4.43 per share.�In addition, the Company announced a non-brokered structured flow-through financing co-led by Wellington West Capital Markets Inc. and Canaccord Capital Corporation for the issuance of 2.7 million shares at an average price of $5.94 per share for net proceeds of $15.0 million.

Hochschild will, through the private placement, increase its interest in the Company to approximately 36% of the common shares (on a fully diluted basis) from the current level of

Kristina Capital Corp. and Black Marlin Energy Ltd.: Minimum $30 Million Financing Priced at $0.50 per Subscription Receipt

Thu, 19 Nov 2009 08:41:00 EST

CALGARY, ALBERTA and DUBAI, UNITED ARAB EMIRATES--(Marketwire - Nov. 19, 2009) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Kristina Capital Corp. (the "Corporation" or "Kristina") (TSX VENTURE:KCA), and Black Marlin Energy Ltd. ("Black Marlin") are pleased to announce that Black Marlin has entered into an agreement with a syndicate of agents, led by GMP Securities L.P. wherein the syndicate has agreed to act as agent for and on behalf of Black Marlin to sell, on a commercially reasonable "best efforts" private placement basis, a minimum of $30,000,000 of subscription receipts ("Subscription Receipts") and a maximum of $50,000,000 of Subscription Receipts of Black Marlin at a price of $0.50 per Subscription Receipt (the "Financing"). Each Subscription Receipt will e

Linear Gold Corp. Announces Completion of Equity Offering

Thu, 19 Nov 2009 08:41:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 19, 2009) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Linear Gold Corp. (TSX:LRR) (the "Company") has today completed a previously announced public offering of 10,407,500 Units at a price of C$2.10 per Unit and 520,000 flow-through Common Shares at a price of C$2.40 per share to raise gross proceeds of C$23,103,750 (the "Offering"). The Offering was marketed by a syndicate of agents led by Cormark Securities Inc. and including Haywood Securities Inc., Jennings Capital Inc. and Toll Cross Securities Inc. and includes 1,357,500 Units issued pursuant to the full exercise of the over-allotment option. Each Unit consists of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole common share purchase warrant, a "Warrant"). Eac

Australian Solomons Gold Limited: European Investment Bank Board Financing Approval

Thu, 19 Nov 2009 08:30:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 19, 2009) -

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Australian Solomons Gold Limited ("ASG" or the "Company") (TSX:SGA) is pleased to announce that the Board of the European Investment Bank (EIB) has approved a financing facility in relation to the redevelopment of�the Gold Ridge Project, which is located in the Solomon Islands. The EIB facility is for a debt component of US$25 million and compliments a facility already approved by the International Finance Corporation (IFC) for US$30 million, which received IFC Board approval on September 3, 2009.

ASG will continue working with the IFC and EIB to finalise detailed terms and conditions of both facili

Baffinland Announces Public Offering of Units and Private Placement of Flow-Through Units

Thu, 19 Nov 2009 08:11:00 EST

TORONTO, ONTARIO--(Marketwire - Nov. 19, 2009) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Baffinland Iron Mines Corporation (the "Company") (TSX:BIM) announced today that it has entered into an agreement with GMP Securities L.P. ("GMP") in respect of a public offering on a bought deal basis in each of the provinces and territories of Canada, other than Quebec, (the "Offering") of 20,834,000 units of the Company (the "Units") at a price of $0.48 per Unit for gross proceeds of approximately $10 million. Each Unit consists of one common share of the Company (each, a "Common Share") and one half of one common share purchase warrant (each, a "Warrant") entitling the holder thereof to acquire one Common Share at a price of $0.70 per share for a period of three years from the closing of the Offering. The Offering is being led by GMP together with a syndicate of underwriters including CIBC World Markets Inc., Desjardins Securitie

Freehold Royalty Trust Announces $100 Million Trust Unit Financing

Thu, 19 Nov 2009 08:06:00 EST

CALGARY, ALBERTA--(Marketwire - Nov. 19, 2009) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Freehold Royalty Trust ("Freehold") (TSX:FRU.UN) today announced that it has entered into an agreement with a syndicate of underwriters led by CIBC to sell, on a bought deal basis, 6,625,000 trust units ("Units") at a price of $15.15 per Unit for gross proceeds of approximately $100 million. Freehold has also granted the underwriters an Over-Allotment Option, to purchase up to an additional 15% of the Units at the same offering price, exercisable in whole or in part for a period of 30 days following closing. If the Over-Allotment Option is fully exercised, the total gross proceeds to Freehold from the sale of Units will be approximately $115 million. CN Pension Fund Trust intends to participate in the offering in order to maintain their existing ownership percentage of 23% of the outstanding Units. Closing is expected to occur on or about Dec