Articles Tagged "iron ore company news"

Adriana: $4.0 Million Private Placement of Units

Adriana Resources Inc. (TSX VENTURE:ADI) reported has entered into an agreement with Haywood Securities Inc. in respect of a private placement for the sale, on a bought deal basis, in each of the provinces and territories of Canada other than Quebec of 5,000,000 units of the Company at a price of $0.40 per Unit for gross proceeds of $2 million.

Ecometals Limited: Update re Closing of Proposed Sale of Condor Gold Project

Ecometals Limited reported that it has agreed to a further extension to the closing of the SPA with Alca Gold Limited and its financial backers for their acquisition of Ecometals' shares in Condormining Corporation S.A. and Condorview S.A. for US$9,000,000 to be satisfied in cash. Both parties have agreed their intention to extend the closing with cash payment on 23rd April, failing which Ecometals will terminate the Agreement.