Private Placement Ramp Up


There are a number of companies now seeking funds through private placements or share offering for operating capital and exploration funds. Most if not all of these companies are publicly traded and looking to establish themselves in the mining sector. Companies recently raising funds through private placement include Enduarance Gold (TSXV-EDG) $500,000, Pretium Resources Inc. (TSX:PVG)(NYSE:PVG), $80,000,000, Deer Horn Metals (TSXV-DHM) $700,000, Kaminak (TSXV-KAM) $5,000,000, La Ronge Gold (TSXV-LAR) $3,500,000 as well as numerous private companies such as Hard Up Mining Ltd $500,000. Most of these groups are trying to take advantage of the anticipated long summer that will happen here in Northern BC. With the extremely high snow pack in the upper regions in the mountains the spring floods will run late which will extend the exploration season.