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Mandalay Resources announces $60M financing led by CE Mining Fund III
CPE News
Mandalay Resources (TSX: MND; OTCQB: MNDJF) to raise up to approximately C$60M by way of a marketed public offering of up to approximately C$50M of subscription receipts and US$8M convertible bridge loan
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Sprott and Tocqueville form Joint Venture
CPE News
Sprott (TSX: SII) and Tocqueville Asset Management to co-manage a new gold equities investment strategy in low risk/high reward opportunities through a concentrated portfolio of public gold mining companies
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Palisade Global Investments to acquire up to 75% of Northern Uranium
Northern Uranium (TSX-V: UNO) to consolidate share on a 15-to-1 basis and $800K private placement of post-consolidation units at $0.05625, with Palisade Global Investments and a small group of investors gaining 57% stake.
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Zijin Mining extends offer for 10 days
Zijin Mining Group Co. Ltd. (SH: 601899; SEHK:2899) has taken up 276,820,575 shares (89.37%) of Nevsun Resources Ltd. (TSX/NYSE AMERICAN: NSU), will pay $1,660,923,450 for the deposited shares within three business days.