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Private Placement Ramp Up

Summer Mining Camp

  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 [...]

Preparing for 2011 Drilling Season

Mountain Drilling

There has been a large amount of interest in the private placement options by many mining companies that speaks directly to the movement of a intense and busy 2011 drilling season. There has been a number of drilling companies are getting numerous calls “out of the blue” with new clients that are small private and [...]

Deer Horn Metals Private Placement

Deer Horn Metals (TSXV-DHM) formerly known as Golden Odyssey has announced an increase of its private placement from $3 million to $4.3 million. It is anticipated that these funds will be used on the Deer Horn project located south of Huckleberry Mine near Houston BC http://www.deerhornmetals.com/

Hawthorne Gold Awaits Takeover

Hawthorne Gold Corp (TSXV-HGC, Pink-HWTHF)  is waiting for all the final financial arrangements with Skyocean Group from China for the investment. With the new private placement investment Skyocean will become the majority owner of Hawthorne for the development of the Table Mountain Property near Cassiar, BC http://www.hawthornegold.com

Callinan Mines Seeks to Raise $4.38 Million

  Callinan Mines (TSXV-CAA( are seeking to raise $4.38 Million to be used on the Coles Creek project near Smithers BC. http://www.callinan.com/s/NewsReleases.asp?ReportID=439366&_Type=News-Releases&_Title=Callinan-Amends-Terms-of-Private-Placement

American Resources Offers Private Placement

American Resources (TSXV-AMK) announces that it is offering a $750,000 non-brokered private placement that will be used for exploration purposes on the company’s Electrum Project which is located near Stewart BC http://americancreek.com/index.php?option=com_content&view=article&id=174:american-creek-announces-750000-private-placement-offering&catid=22:2011-news&Itemid=81

Copper Fox Metals raises over $4 Million

CopperFoxMetals

Copper Fox Metals (TSXV-CUU) recently has raised over $4 million through a private placement. These funds will be used to advance drilling, testing and engineering studies of the Shaft Creek Deposit near Telegraph Creek http://www.copperfoxmetals.com/s/NewsReleases.asp?ReportID=433704

Barkerville Closing $5 million Private Placement

Barkerville Bonanza

Barkerville Gold Mines (TSXV-BGM) recently closed a $5 million private placement in 20 days with the proceeds to commence mining operations at the proposed Bonanza Ledge proposed open pit mine. http://www.barkervillegold.com/s/News_Releases.asp?ReportID=430606

Hard Creek Nickel to Raise $2.5 Million

Hard Creek Nickel (TSX-HNC) announces a non-brokered private placement to raise up to $2.5 million to be used for general working capital http://www.hardcreek.com/s/NewsReleases.asp?ReportID=430483&_Type=News-Releases&_Title=Hard-Creek-Nickel-Corporation-Announces-Non-Brokered-Private-Placement

Canarc Resources to seek $2 Million Private Placement

Canarc Resource Corp (TSX-CCM, OTCBB-CRCUF, DBF-CAN) announced that it has arranged a non-brokered private placement equity financing of up to $2 Million with the net proceeds to be used for working capital purposes. http://www.canarc.net/news/index.php?&content_id=269

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