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.
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.
Goliath Resources Limited (TSX-V: GOT; OTCQB: GOTRF; FSE: B4IE) closed an oversubscribed non-brokered private placement of flow-through (FT) units and NFT units both at $0.10 for gross proceeds of $707,000
Barkerville Gold Mines (TSX-V: BGM) engaged Haywood Securities Inc. for a bought deal of 14,706,000 common shares at $0.34 and 40,000,000 FT shares at $0.50 for aggregate gross proceeds of C$25M. Osisko Gold Royalties Ltd and Osisko Mining Inc. will participate in the financing.
MGX Minerals (CSE: XMG; FSE: 1MG; OTCQB: MGXMF) intends to complete a non-brokered private placement of NFT units at $0.60 and FT units at $0.65 for aggregate gross proceeds of up to $8,020,750.