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Thursday, November 20, 2008 PANGEA DIAMONDFIELDS PLC
Pangea DiamondFields Plc proposed to raise up to US$15 million by way of an open offer. Up to 2,007,745,770 new ordinary shares at US$0.005 each may be issued to provide working capital for the Company. (Complete Text of Nov 20, 2008 News Release) PDF
Thursday, November 20, 2008 HATHOR EXPLORATION LIMITED
Hathor Exploration Limited closed a brokered-private placement of 2,581,500 flow-through common shares at a price of Can$3.10 per flow-through share raising gross proceeds of Can$8,002,650. The net proceeds will be used to fund further exploration of the Company's Midwest Northeast Uranium property, Saskatchewan and other Canadian exploration properties. Property: MIDWEST NORTHEAST (Complete Text of Nov 20, 2008 News Release) PDF
Thursday, November 20, 2008 PALADIN ENERGY LTD.
Paladin Energy advised that infill and extension drilling of the Kayelekera uranium deposit in Malawi has increased measured and indicated mineral resources by 27% or 9.4 Mlbs U3O8 at 300 ppm U3O8 cut-off. Proven and probable reserves have increased by 17% to 29.3Mlb U3O8 at 400 ppm U3O8 cut-off. The open pit mine life has increased by 20% to 9 years. Property: KAYELEKERA (Complete Text of Nov 20, 2008 News Release) PDF
Wednesday, November 19, 2008 AGNICO-EAGLE MINES LIMITED
Agnico-Eagle Mines announced a US$252 million private placement of 8 million units of Agnico-Eagle at a price of US$31.50 per unit. Each unit will consist of one common share of Agnico-Eagle and one-half of one common share purchase warrant. An underwriters' option will provide an additional US$37.8 million if exercised. The company intends to use the net proceeds of the private placement for mine development and related capital expenditures, as well as for general corporate purposes.
(Complete Text of Nov 19, 2008 News Release) PDF
Thursday, November 20, 2008
