Australia-listed EnviroGold Limited and Novus Gold Corp., which trades on the TSX, have signed a purchase-option agreement concerning Novus Gold's properties in the Dominican Republic. The companies signed a letter of intent whereby EnviroGold agrees to invest up to US$10 …
Unigold Inc. (TSX VENTURE:UGD) (the "Company") is pleased to announce that it has entered into a revised letter of engagement with Dundee Securities Ltd. (the "Lead Underwriter") together with Primary Capital Inc. as co-lead, and a syndicate of underwriters including Stifel Nicolaus Canada Inc., Clarus Securities Inc. and PowerOne Capital Markets Limited (the "Underwriters") under which the Underwriters have now agreed to purchase, on a "bought deal" private placement basis, 34,800,000 units of the Company (the "Units") at a price of $0.30 per Unit for total gross proceeds of $10,440,000 (the "Offering")
PanTerra Gold (ASX: PGI) has finalised an agreement to acquire Vancouver based Novus Gold Corporation (TSX-V: NOV). The agreement terms included the continued suspension of the company’s existing farm-in agreement on NOV’s two concessions in the Dominican Republic. The transaction is expected to complete in early March 2012.
A strong gold exploration drill result at a project in the Dominican Republic propelled Unigold shares to lofty heights on Monday.
EnviroGold (ASX: EVG) has entered an agreement enabling the company to explore the highly prospective La Yagua and La Paciencia concessions in the Dominican Republic, where a previous grab sample included grades of 18% copper, 13 grams per tonne (g/t) gold and 29g/t silver.
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.