Viterra Inc. has been granted court approval for the plan of arrangement pursuant to which a wholly owned subsidiary of Glencore International PLC will acquire all the issued and outstanding shares of Viterra for $16.25 per share in cash.
The agreement between the Port of Narvik and Northland Resources SA today was confirmed by the board of Narvik Havn KF. The agreement grants Northland the permit to lease the Narvik Terminal, Fagernes, south of the city centre.
Labrador Iron Mines Holdings Ltd. has filed its unaudited financial statements and management's discussion and analysis for the first quarter of fiscal year ending March 31, 2012. The documents are available under the company's profile at SEDAR and on LIM's website.
Vista Gold Corp.announced Thursday Midas Gold Corphas successfully completed an IPO, issuing 12,307,700 common shares of Midas ("Midas Shares") for gross gross proceeds of Cdn$40,000,025 million. Based on the IPO price of Cdn$3.25 per share, Vista's investment in Midas is expected to have a value of Cdn$103,358,499 and based on the number of issued common shares of Vista, this is equivalent to Cdn$1.45 per Vista share.
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers. Here is a sample of this item: Mr. Bradford Cooke reports ENDEAVOUR SILVER REPORTS CONTINUED PRODUCTION GROWTH IN 2ND QUARTER, 2011; PRODUCES 850,476
Esperanza Resources Corp. has signed a definitive agreement and received shareholder approval to transfer its 30-per-cent interest in the San Luis joint venture in Peru to Silver Standard Resources Inc. Consideration for the sale is: $17-million.
SilverBirch Energy Corp. has provided an update on the Frontier and Equinox oil sands mining project including the results of the design basis memorandum (DBM) study and information regarding the preliminary capital cost estimates.