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...

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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...

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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...

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Discovery Harbour to carry out IP survey at 2Bar

May 6, 2015

DISCOVERY HARBOUR ANNOUNCES GEOPHYSICAL SURVEY CONTRACTED FOR 2BAR, NEVADA IN ADVANCE OF DRILLING PROGRAM Discovery Harbour Resources Corp. has contracted a detailed geophysical survey at its 100-per-cent owned 2Bar project in Nevada. The survey is termed an induced polarization survey, and is designed to follow the mineralization discovered in the Upper zone at 2bar through drilling last November, as described in the company’s press release of Jan. 26, 2015. The copper mineralization...

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Canada Carbon gains municipality support for Asbury work

May 6, 2015

CANADA CARBON OBTAINS UNANIMOUS SUPPORT FROM THE MUNICIPALITY OF NOTRE-DAME-DU-LAUS TO DEVELOP A FLOTATION MILL, UPGRADING FACILITY AND LABORATORY ON THE SITE OF THE HISTORIC ASBURY GRAPHITE MINE Canada Carbon Inc. has obtained unanimous support from the Municipality of Notre-Dame-Du-Laus during the May 5, 2015, council session. The municipality has now officially approved Canada Carbon’s intention to proceed with the redevelopment of the mill complex on the Asbury site. This support will...

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