November 2019 - Bull Market News

Sego Resources arranges $1-million private placement

Nov 28, 2019

2019-11-28 15:28 ET – News Release Mr. Paul Stevenson reports SEGO RESOURCES INC. — NEW FINANCING FOR UP TO $1 MILLION ANNOUNCED Sego Resources Inc. is proposing to raise up to $1-million by way of a non-brokered private placement of units at five cents per unit and seven cents per flow-through unit. The offering is open to all existing Sego shareholders and non-shareholders, subject to certain limitations, as discussed herein. The offering will consist of up to 11,500,000 Flow...

Ethos Gold closes $1.76-million private placement

Nov 28, 2019

2019-11-28 15:20 ET – News Release Mr. Craig Roberts reports ETHOS GOLD ANNOUNCES CLOSING OF FLOW-THROUGH FINANCING Ethos Gold Corp. has closed its non-brokered private placement of 6,531,632 flow-through units of the company at a price of 27 cents per flow-through unit for gross proceeds of $1,763,541. Each flow-through unit comprises one flow-through common share and one-half of one non-flow-through common share purchase warrant. Each warrant is exercisable at a price of 30 cents into...

Noble Mineral firms up spinout of Crawford project

Nov 28, 2019

2019-11-28 09:50 ET – News Release Mr. Vance White reports NOBLE SIGNS IMPLEMENTATION AGREEMENT FOR CONSOLIDATION AND SPIN-OUT OF CRAWFORD NICKEL PROJECT TO CANADA NICKEL COMPANY INC. AND AGREEMENTS TO COMPLETE ROYALTY REDUCTION Further to the letter of intent signed by Noble Mineral Exploration Inc., as announced on Oct. 1, 2019, the company has entered into the definitive agreement for that transaction on the same basis. “This transaction will unlock significant value for Noble as...

Sego Resources finds drill target at Miner Mountain

Nov 28, 2019

2019-11-28 07:24 ET – News Release Mr. J. Paul Stevenson reports HIGH-GRADE PORPHYRY IDENTIFIED AT CUBA ZONE GENERATES ANOTHER NEW DRILL TARGET AT THE MINER MOUNTAIN PROJECT, BRITISH COLUMBIA Another drill target has been identified at Sego Resources Inc.’s Miner Mountain. A re-evaluation of drill core from the Cuba zone identified a high-grade porphyry with local zones of 1 to 2 per cent copper and 0.5 gram per tonne gold that has been pervasively overprinted by later grade-...

Huge bets that gold could triple to $4,000 trade in New York

Nov 28, 2019

The gold options market saw $1.75 million in block trades betting the precious metal could almost triple in more than a year, surpassing the record. Around noon in New York, 5,000 lots for a gold option giving the holder the right to buy the precious metal at $4,000 an ounce in June 2021 changed hands. The bets were sold at $3.50 an ounce. “It’s like 18-month term life insurance; what will the world look like if gold is at $4,000,” Tai Wong, the head of metals derivatives trading...