Sierra Iron raises $277,500 in first tranche

Apr 30, 2016

SIERRA ANNOUNCES PRIVATE PLACEMENT Sierra Iron Ore Corp., further to its March 21, 2016, news release, has raised $277,500 in the first tranche of the proposed $525,000 non-brokered private placement to qualified investors. The company will issue 793,000 units at a price of 35 cents. Each unit will consist of one common share and one-half share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one additional common share, at a price of 50 cents for a period...

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Sierra Iron amends L1 property option agreement

Apr 28, 2016

Sierra Iron Ore Corp.’s option agreement dated Sept. 3, 2015, and subsequently amended on Oct. 22, 2015, with Emerald Lake Development Corp. for the L1 property (formerly known as the Allen property) has been amended. The amended option agreement will provide Sierra with an option to and the right of first refusal to purchase an additional 45-per-cent undivided interest in the L1 property upon completion of the obligations noted in the March 21, 2016, news release. The acquisition of the...

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West High Yield closes $500,000 financing, borrows $1M

Apr 27, 2016

WEST HIGH YIELD ANNOUNCES COMPLETION OF PRIVATE PLACEMENT AND LOAN AGREEMENT West High Yield (WHY) Resources Ltd. has completed its previously announced non-brokered private placement of common shares. The company issued 1,515,151 common shares at a price of 33 cents per common share for gross proceeds of $500,000. All of the common shares issued under the private placement are subject to a four-month resale restriction. The private placement is subject to receipt of all necessary regulatory...

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DNI Metals closes $35,000 fourth tranche of placement

Apr 19, 2016

DNI METALS INC. ANNOUNCES CLOSING OF FOURTH TRANCHE OF PRIVATE PLACEMENT Further to its news release dated Jan. 29, 2016, DNI Metals Inc. has closed, subject to final regulatory approval, the fourth tranche of its non-brokered private placement financing. The fourth tranche comprises 700,000 units of the company at a price of five cents per unit for aggregate gross proceeds of $35,000. Each unit consists of one common share of the company and one common share purchase warrant of the company....

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DNI Metals closes $211,200 third tranche of financing

Apr 15, 2016

DNI METALS INC. CLOSES THIRD TRANCHE OF PRIVATE PLACEMENT Further to its news release dated Jan. 29, 2016, DNI Metals Inc. has closed, subject to final regulatory approval, the third tranche of its non-brokered private placement financing. The third tranche comprises 4,224,000 units of the company at a price of five cents per unit for aggregate gross proceeds of $211,200. Each unit consists of one common share of the company and one common share purchase warrant of the company. Each warrant...

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