With under 43M shares outstanding, this new issue is trading well under US$1 per share and provides good upside potential. SLTA is debt free, has a current market cap of under a mere $22M (as of Jan 08), and appears to be an exceptional candidate for upside valuation as Soltera’s managements team executes upon its [...]
Romios Gold Resources Inc. (CDNX:RG.V - News)(Other OTC:RMIOF.PK - News)(Frankfurt:D4R.F - News) wishes to announce that, further to its press release dated December 21, 2007, it has completed the sale of 10,361,800 common shares on a flow-through basis (the “FT Shares”) priced at $0.50 per FT Share for gross proceeds of $5,180,900 (the “FT Offering”). [...]
ANDINA Minerals Inc. (TSX VENTURE:ADM - News; “Andina” or “the Company”) is pleased to announce that it has exercised its right of first refusal to purchase various obligations, including royalties and back-in rights, owed to Newmont Mining Corporation (”Newmont”) on the Company’s Pampa Buenos Aires and Encrucijada properties located in Chile. Andina’s right of first [...]
Cotton & Western Mining, Inc. (Other OTC:CWRM.PK - News) announced today that the company has received a $10,000,000.00 financial commitment from an Asian Group for the development of the company’s Baja California Iron Mining Project; subject to finalization of the geological reevaluation scheduled to begin in January or February 2008.
For reasons of confidentiality, the group’s [...]
Wega Mining ASA and its subsidiary Goldbelt Resources Ltd (TSX:GLD - News), will undergo a USD 6 million exploration and drilling program in Burkina Faso during 2008. The 2008 program will primarily be directed towards the Belahouro license area in the northwest region which includes the Inata North, Inata South and Minfo gold deposits, and [...]
Gravity West Mining Corp. (TSX VENTURE:GRW - News) - Based on the field results of 2007 drilling (announced in press release of November 8, 2007, titled “Gravity West Drills Massive Sulphides at Voltaire”), a follow-up ground geophysical survey program has been initiated to better define further drilling targets in the area of drill holes 3A, [...]
Andean American Mining Corp. (TSX VENTURE:AAG - News; FRANKFURT:AQN - News) -Andean American Mining Corp. is pleased to report results from sampling of Crosscut 1S, on the 3400 Level Adit on the Atenea Vein Structure, at the Invicta Property in Peru.
The 3400 Level Adit is being driven at the 3,400m elevation parallel to, and in [...]