Nevada Clean closes $67,000 final tranche of financing

May 7, 2015

NEVADA CLEAN MAGNESIUM CLOSES THIRD AND FINAL TRANCHE OF NON-BROKERED PRIVATE PLACEMENT Nevada Clean Magnesium Inc. has closed the third and final tranche of its non-brokered private placement previously announced on Nov. 7, 2014, for gross proceeds of $67,000, comprising 1.34 million units at a price of five cents per unit. The accumulated total from the three tranches collectively raised an oversubscribed total of $239,500, for a total of 4.79 million units. The offering Each unit consists of...

read more

Largo Resources arranges $50-million placement

May 7, 2015

Largo Resources Ltd. has arranged a financing of up to $50-million. Mackie Research Capital Corporation will act as lead agent and sole book-runner (the “Agent”), in connection with a private placement of units (the “Units”) to raise aggregate gross proceeds of up to C$50 million, at an issue price (the “Issue Price”) of C$0.80 per Unit. The Offering (the “Offering”) will be conducted on a “best efforts” private placement basis. Each...

read more

MGX Minerals assays 130 m of 42% MgO at Driftwood Creek

May 7, 2015

MGX MINERALS REPORTS 130 METERS OF 42% MAGNESIUM OXIDE AT DRIFTWOOD CREEK USING ADVANCED RE-ASSAY METHOD MGX Minerals Inc. has released the results of drill core reanalysis from the Western zone of its flagship Driftwood Creek magnesium project. Drill core from a 692 meter NQ-sized drill campaign in 2008, which took place over the central portion of the Western Zone, was shipped to ALS Minerals (“ALS”) in North Vancouver, British Columbia. ALS performed whole-rock analysis using a...

read more