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We hope you enjoy a lovely evening with those close to you.
Monthly Archives: December 2015
Oil price fall effecting the Canadian $ – Good for Canadian based miners
The fall in the price of oil is driving the US $ higher at the expense of the oil based currencies.
Today the Russian ruble fell to an all time low v the US$, and the Canadian $ fell as well. Continue reading
Paragon Diamonds delists from AIM
Paragon Diamonds {AIM: PGN} has delisted from the AIM market.
Management finally admitted defeat in their attempts to raise finance by year end.
Terrace Energy to report earnings on 29th December
Terrace Energy Corporation {CVE.V: TZR} reports their earnings on December 29th.
Interestingly, in a month of low oil prices TZR has trended upwards. Continue reading
Barkerville Gold closes $6 million flow through offering
Barkerville Gold Mines {TSX.V: BGM} confirmed it has closed their $6 million flow through share offering, and $3.5 million Flow through unit offering.
Under Canadian rules all flow through money has to be spent on exploration, so investors can expect a significant program going forward. Continue reading
Nymox Pharma director Robinson adds to recent significant purchases
Nymox Pharmaceutical Corporation {NASDAQ: NYMX} Director James George Robinson has acquired 29,854 more shares in the company, adding to his recent purchases.
All three purchases in December were quite significant,and are an excellent example of a director showing confidence in his own company. Continue reading
Merry Christmas from City Investors Circle!
City Investors Circle would like to wish all our readers a very Merry Christmas and a happy, healthy, and prosperous 2016!
Avalon raise $750,000 in non brokered private placement
Avalon Rare Metals {TSX: AVL} have raised $750,000 via a non brokered private placement.
This was a flow through issue at 12.5c per share, with a warrant priced at 17.5 cents for two years.. Continue reading
Scorpio Gold reports drill results from State Bank Target, Mineral Park, Nevada.
Scorpio Gold Corp. {TSX.V: SGN} have reported drill results from their State Bank project at Mineral Park, Nevada, USA.
Most holes disappointed, but two high grade mineralised intersections were reported. Continue reading
Avalon Rare Metals commences trading on the OTCQX
Avalon Rare Metals {TSX. AVL} has successfully listed on the US exchange OTCQX, Bulletin markets.
THE OTCQX listing allows American based investors to trade shares in Canadian securities, under the regulation of the TMX. Continue reading
NYMOX releases AGM uodate
Nymox Pharmaceutical Corp. {NASDAQ:NYMX} updated shareholders at their Annual General Meeting, held in Nassau, Bahamas.
Nassau is the new registered office of the company. Continue reading
Carlisle Goldfields shareholders approve Alamos Gold transaction
Carlisle Goldfields Limited {TSX.V: CGJ} has announced that their shareholders have overwhelmingly approved the transaction with Alamos Gold.
The deal is now subject to court approval on 21st December. Continue reading
Range Energy financing plus litigation halt expires but talks continue
Range Energy {CSE: RGO} confirm the issuance of 75 million shares at 4c each to raise up to $3 million to maintain their position at Khalakan in good standing, and for general working capital purposes.
The litigation halt between Range and their partners at Khalakan has now expired, but the parties remain in talks to extend the truce or secure a permanent one. Continue reading
Scorpio Gold reports first results from Custer target at Mineral Ridge
Scorpio Gold {TSX.V: SGN} reports results from their Custer satellite at Mineral Ridge, Nevada, USA.
Custer as previously undrilled, and reported some high grades amongst the initial results. Continue reading
Minera IRL EGM – Pinto out and Bavin in to steady the ship
Minera IRL {AIM: MIRL} have announced the result of the EGM called to oust the present board of directors.
Acting CEO Jaime Pinto was ousted along with , and replaced by COFIDE representative Jorge Ramos and very experienced mining CEO, Julian Bavin Continue reading
Big day looms for investors in two troubled companies
Minera IRL {AIM: MIRL} and Former Quindell {AIM: QPP} (now WatchstoneGroup {AIM: WTG}) shareholders will receive big decisions today in their respective companies.
The postponed Minera EGM vote will finally be taken, and former QPP shareholders will learn of the court will approve the 90p special dividend after 312 former Quindell shareholders launched a legal action against the company two days ago. Continue reading
Neometals posts a new resource statement
Neometals {ASX: NMT} has issued a new resource statement.
NMT also confirm production is still on schedule for mid 2016. Continue reading
NYMOX director Robinson makes second significant purchase of stock in December
Nymox Pharmaceutical Corp {NASDAQ: NYMX} Director James Robertson has again purchased a large tranche of shares in the company.
Robertson added 48,612 shares to his recent 100,000 share purchase, costing him $164,000.
Minera IRL issues an RNS on a Saturday!
Minera IRL {AIM: MIRL} has issued a news release on a Saturday! This is extremely unusual, if not totally unique, but sadly the shareholders of this company are used to the unusual by now!
In the ongoing dispute between the BOD and their Peruvian subsidiary, the postponed EGM is set to conclude this Wednesday, and the wording of the RNS now leaves the result in some considerable doubt. Continue reading
Carlisle reminds shareholders to vote for the Alamos Special Resolution
Carlisle Goldfields {TSX.V: CGJ} have reminded shareholders to vote for the Special resolution required to approve the Alamos Gold deal.
Votes need to be in by Monday 14th December unless attending the meeting in person. Continue reading