December 2016 - Bull Market News

Sego Resources closes $69,000 final financing tranche

Dec 29, 2016

SEGO RESOURCES CLOSES FINAL TRANCHE OF PRIVATE PLACEMENT Sego Resources Inc. has closed the final tranche of its non-brokered private placement of units at five cents per unit announced on Aug. 3, 2016, and updated on Sept. 6, 2016, and Oct. 28, 2016. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase an additional common share at 7.5 cents in the first year and at 10 cents in the second year. The final tranche consisted of 1.38...

Skeena Announces Flow-Through Financing

Dec 24, 2016

Vancouver, BC (December 22, 2016) Skeena Resources Limited (TSX.V: SKE) (“Skeena” or the “Company”) intends to raise $729,699.93 in a non-brokered private placement financing by issuing 8,107,777 flow-through common shares, at $0.09 CDN per share. Shares issued under this financing will be subject to a hold period of four months and one day from the closing date of the offering. A 7% cash finders’ fee is payable to qualified agents on a portion of the funds raised in accordance with...

Coro Mining closes $5.25-million private placement

Dec 24, 2016

CORO ANNOUNCES CLOSING OF PRIVATE PLACEMENT Further to its announcement on Dec. 14, 2016, Coro Mining Corp. has closed the previously announced private placement and issued a total of 37,522,859 common shares, at a price of 14 cents per common share, raising gross proceeds of approximately $5,253,200. All common shares issued pursuant to the private placement are subject to a statutory four-month hold period. Greenstone Resources LP, the company’s major shareholder, acquired 29,825,874...

DNI Metals signs LOI to sell Buckton to BullRun

Dec 24, 2016

DNI METALS INC SIGNS LOI TO VEND IT’S ALBERTA PROJECT FOR $1 MILLION IN CASH AND SECURITIES DNI Metals Inc. has completed a letter of intent (LOI) with BullRun Capital, where BullRun plans to purchase DNI’s Alberta mining project known as the SBH or Buckton project. BullRun Capital plans to complete an initial public offering or reverse takeover into a public company (Pubco) with DNI’s SBH project and other projects. Terms of the deal BullRun will pay $150,000 cash to DNI,...

Hi Ho Silver adds two claims to Bralorne property

Dec 22, 2016

HI HO SILVER RESOURCES ADDS TWO CLAIMS TO BRALORNE LAND HOLDINGS, BC, CANADA Hi Ho Silver Resources Inc. has acquired the rights to an additional 122.8 hectares of mineral rights in two claims within its Bralorne land position in British Columbia. This land was originally held as mineral claims which lapsed. Hi Ho acquired the lapsed claims with the result that the mineral rights now become a part of the mineral claims owned by Hi Ho. Dennis McKnight, chairman and chief executive officer,...