NewsnReleases

Financial news, corporate announcements, analysts’ reports

resource sector

  • E79 Gold Mines to acquire Cue Gold Project in Western Australia

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    PERTH: E79 Gold Mines Ltd. (ASX: E79) announced Thursday it has entered a binding agreement to acquire the Cue Gold Project, located in the highly prospective Day Dawn Goldfield of Western Australia’s Murchison region. The company also said it secured binding commitments for a $3 million (Australian) capital raising to accelerate exploration at the…

  • Capricorn Metals announces Warreiedar acquisition in strategic gold consolidation

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    PERTH: Capricorn Metals Ltd. said Thursday it will acquire Warriedar Resources Ltd. in an all-scrip deal, consolidating two major gold projects in Western Australia. The transaction, unanimously endorsed by Warriedar’s board, is valued at approximately A$188 million and is expected to expand Capricorn’s gold reserves and operational footprint. Under the scheme of arrangement, Warriedar…

  • Coolabah metals secures ASX nod for Broken Hill Mines listing, raises $20 million

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    SYDNEY: Coolabah Metals Limited has received conditional approval from the Australian Securities Exchange (ASX) for its acquisition of Broken Hill Mines Pty Ltd and is set to relist under the new name Broken Hill Mines Limited (ASX: BHM). The company announced Monday it had secured a Conditional Letter of Admission from the ASX, marking…

  • Stearman Resources to acquire NeoCore Uranium in share deal, announces financing

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    VANCOUVER: Stearman Resources Inc. (CSE:STMN) said Tuesday it has agreed to acquire all outstanding shares of NeoCore Uranium Ltd., a private British Columbia-based company holding a uranium property in Saskatchewan’s Athabasca Basin. Under the deal, Stearman will issue 7.5 million common shares at $0.05 per share to NeoCore shareholders. The transaction, expected to close…