Newfoundland Labrador

LIM completes Can$110 million equity financing

Marketwire | April 26, 2011
labrador_iron_mines

Labrador Iron Mines Holdings Limited (TSX:LIM) (the "Company" or "LIM") is pleased to announce that it has completed its previously announced public offering of C$100,000,000 in common shares and C$10,000,500 in flow-through shares of the Company, at a price of C$12.50 per common share and C$15.00 per flow-through share (collectively, the "Offering").

The Offering was completed by a syndicate of underwriters led by Canaccord Genuity Corp. and included BMO Nesbitt Burns Inc., Jennings Capital Inc., Haywood Securities Inc. and Scotia Capital Inc. (collectively, the "Underwriters").

  • Drilling at Rambler, Newfoundland confirms gold mineralization

    Terry Coughlan, President and CEO of GoGold Resources Inc., ("GoGold") (TSXV: GGD) is pleased to announce results from drilling at the Main Mine deposit at GoGold's Rambler property in Newfoundland Canada.

  • Mountain Lake discovers of new gold-bearing vein

    Resource Investing News | August 25, 2011

    Mountain Lake Resources Inc reports discovery of a new quartz-tourmaline-pyrite vein structure from the current resource boundary of the Leprechaun gold deposit , Newfoundland.

  • Chemical giant Arkema partners with Canada Fluorspar on acidspar mine

    Mineweb | June 16, 2011

    It's been a long time coming for some of Canada Fluorspar's (TSX-V: CFI) founding investors, but persistence appears to have paid-off. Arkema and Canada Fluorspar announced they signed a definitive agreement worth $84 million to fully fund and give a past-producing fluorspar mine in Newfoundland, Canada, a second life.

    Since Alcan closed up shop at the Blue Beach-Tarefare fluorspar mine just outside the town of St. Lawrence in 1978, various operators have taken a crack at bringing operations back online to produce acidspar, which is used for a variety of industrial purposes such as in hydrofluoric acid production.

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