Alabama Graphite closes $1.06-million private placement

Sep 21, 2016

ALABAMA GRAPHITE CORP. COMPLETES OVERSUBSCRIBED NON-BROKERED PRIVATE PLACEMENT WITH SIGNIFICANT INSIDER PARTICIPATION Alabama Graphite Corp., further to its Sept. 15, 2016, announcement, has closed its private placement consisting of approximately 7,124,000 units at a price of 15 cents per unit for aggregate gross proceeds of approximately $1,068,000. The private placement remains subject to the final approval of the TSX Venture Exchange. Each Unit is comprised of one common share in the...

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Pasinex opens 3rd adit, doubles production at Pinargozu

Sep 21, 2016

PASINEX RESOURCES OPENS A THIRD ADIT AND DOUBLES MINE PRODUCTION AT PINARGOZU Pasinex Resources Ltd. has opened a new third adit at the Pinargozu mine, 50 per cent owned through the Horzum AS joint venture in Turkey. The new adit has a length of 120 metres and allows access to deeper-lying mineralization at the 670-metre level and below. Future exploration and infill drilling programs will also make use of this new underground development, which is situated proximally to a number of...

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