Treasury Metals closes $3.32-million placement

Dec 20, 2013

TREASURY METALS CLOSES EQUITY FINANCING AND ENTERS INTO FACILITY AGREEMENT WITH RMB RESOURCES INC. Treasury Metals Inc. has closed its previously announced brokered placement of flow-through common shares (see the news release dated Dec. 4 and Dec. 18, 2013, respectively). The company sold 8,315,500 flow-through shares at an issue price of 40 cents per flow-through share for aggregate gross proceeds of $3,326,200. The offering was completed by a syndicate of agents led by Secutor Capital...

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Focus Cg signs off-take deal with Chinese conglomerate

Dec 20, 2013

FOCUS GRAPHITE SIGNS OFFTAKE AGREEMENT FOR LAC KNIFE’S FUTURE GRAPHITE PRODUCTION Focus Graphite Inc. has entered into an off-take agreement for the future production from Lac Knife’s graphite resource located 27 kilometres southwest of Fermont, Que. The strategic agreement, for up to 40,000 tonnes per year of graphite concentrate and value-added products, was signed on Dec. 19, 2013, by the company with an industrial conglomerate, comprising heavy industry, manufacturing and...

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