Chemaphor Inc. reported third-quarter and nine-months results for the period ending July 31, 2011. The Company had a net loss in both the quarter and the nine months, with these losses reflecting a shift to commercialization activities as sales, along with selling, general and administrative expenses, increased, while R&D expenses…
Cadillac Ventures Inc. has engaged a syndicate of agents to complete a private placement financing, on a reasonable efforts basis, of units at $0.21 per unit and flow-through common shares at $0.23 per flow-through share, in any combination, for aggregate gross proceeds of up to $7,000,000. Each unit will comprise…
Century Iron Mines Corporation is a mineral exploration company with four iron ore properties in Canada: in Quebec, and in Newfoundland and Labrador. Century Iron Mines was listed on the TSX-V in May 2011, and graduated to the TSX in September 2011. The iron ore industry remains buoyant. The price…
Cadillac Ventures Inc. has completed a mineral resource estimate and exploration target for the wholly-owned K1-1 open-pit project at the Thierry property near Pickle Lake in northwestern Ontario. To define the resource, consideration was given to historical drilling and the Company’s recently completed 16-hole exploration program at K1-1. Cadillac will…
Sun Life Financial (SLF) announced on October 17, 2011 preliminary estimates for its Q3/11 earnings. SLF now expects to report a loss of $621 million for the quarter. On an operating basis the loss is expected to be $572 million or about $1.00 per share. SLF also announced a change…
AGF Management (AGF) reported Q3/11 earnings below expectations. EBITDA was reported at $0.76 per share, however excluding (i) a $1.7 million integration charge for Acuity, (ii) a $2.9 million Dublin reorganization charge and (iii) a fair value gain of $1.7 million, operating EBITDA was more in the order of $0.78…
Antioquia Gold Inc. has discovered a second vein system in the footwall of the Guaico structure at the Company’s Cisneros project in Colombia. Drilling at Guaico also continues to define the primary structure, along strike and to depth. Highlights of the recent drilling include: 19.56 g/t Au over 3.50 metres,…
Adex Mining Inc.’s definitive feasibility study (DFS) for the Company’s wholly-owned flagship Mount Pleasant mine property in Charlotte County, New Brunswick is underway. The DFS includes a flowsheet definitive study and a mine dewatering plan. The DFS will help the company prepare for a production decision by the end of…
NSGold has received assay results for three diamond drill holes on the East Zone at the Company’s Mooseland gold project in Halifax County, Nova Scotia. A total of eight drill holes on the East Zone and four of the nine holes planned for the West Zone have been completed. All…
Nortec Minerals Corp. has published an update on its activities. The Company recently optioned to Finore Mining Corp. the LK palladium-platinum-gold-copper-nickel project in northcentral Finland, and Nortec will now be concentrating on continuing exploration and, if warranted, developing the lithium and gold Tammela (southwest Finland) and gold Seinäjoki (western Finland)…
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