TOMBSTONE EXPLORATION CORP. (OTCBB:TMBXF) RECEIVES COMMITMENT FOR $1 MILLION IN FINANCING FROM EUROGAS, INC.
Phoenix, AZ – April 13, 2010 (Investorideas.com Mining Stocks Newswire) – Tombstone Exploration Corp. (OTCBB:TMBXF) announced today the Company is receiving $1 Million USD in Capital from EuroGas, Inc., www.eurogasinc.com. Tombstone has received an initial $100,000 USD tranche from EuroGas under the terms of the agreement. Tombstone also has forthcoming plans to name two new Directors to its Board. The new Directors will have backgrounds in mining and finance which will assist the Company in its endeavors.
Alan Brown, CEO of Tombstone, remarked, "The capital infusion from EuroGas will cover the cost of our 2010 Drill Program, provide additional operating capital and enable us to move forward quickly to strategically develop our acreage. EuroGas is an international holding company with investments in natural resources."
EuroGas, Inc. is a publicly traded oil and gas company with assets in Ukraine and Poland, as well as talc mining interests in the Slovak Republic and eighty-two gold/silver mining claims in the Tombstone Mining District. The company's common stock trades on the Frankfurt, Hamburg and Stuttgart Stock Exchanges and Xetra in Germany under the symbol EUG and on the OTC Pink Sheets in the United States under the symbol EUGS.
Tombstone Exploration Corporation (OTCBB:TMBXF) is focused primarily on exploration and development of mineral resources. Tombstone Exploration Corporation has the mineral rights to approximately 11,500 acres of historical mining land in the areas around Tombstone, Arizona and is the largest landholder in the Tombstone Mining District.
For more information on Tombstone Exploration Corporation, please visit www.tombstonemining.com.
FORWARD-LOOKING STATEMENTS
Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended. Forward-looking statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements are estimates only, as the Company has not completed the preparation of its financial statements for those periods, nor has its auditor completed the audit of those results. Actual revenue may differ materially from those anticipated in this press release. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to Tombstone Exploration Corporation's ability to obtain additional financing. Tombstone Exploration Corporation undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Tombstone Exploration Corporation's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact Tombstone Exploration Corporation's success are more fully disclosed in Tombstone Exploration Corporation most recent public filings with the U.S. Securities and Exchange Commission.
CONTACT:
Tombstone Exploration Corporation
Alan M. Brown
President
alanmbrown@cox.net
480-305-4507
Investor Relations:
The Eversull Group, Inc.
Jack Eversull
972-571-1624
jack@theeversullgroup.com
_____________________________________________________________________
Disclosure: TMBXF is a paid advertising client on Investorideas.com and our mining portals.
Visit the TMBXF showcase profile at Investorideas.com
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Tuesday, April 13, 2010
Monday, April 12, 2010
IAMGOLD (TSX:IMG)(NYSE:IAG) First Quarter 2010 Financial Results to Be Released Before Market Opens on May 6, 2010
IAMGOLD (TSX:IMG)(NYSE:IAG) First Quarter 2010 Financial Results to Be Released Before Market Opens on May 6, 2010
TORONTO, ONTARIO--(http://www.investorideas.com/ mining stocks newswire) - 04/12/10 - IAMGOLD Corporation (TSX:IMG)(NYSE:IAG)(BOTSWANA: IAMGOLD) will release first quarter 2010 financial results before the market opens Thursday, May 6th, 2010.
A conference call will be held on Thursday, May 6th, 2010 at 10:00 a.m. (Eastern Time) to provide highlights from this quarter. A webcast of the conference call will be available through the Company's website - http://www.iamgold.com/.
Conference Call Information:
North America Toll-Free: 1-866-551-1530 or 1-212-401-6700
Passcode: 7140353#
A replay of this conference call will be available from 2:00pm May 6th to June 6th, 2010. Access this replay by dialing:
North America toll-free: 1-866-551-4520 or 1-212-401-6750, passcode: 262288#
A reminder that the Annual General Meeting of the Company's shareholders will be held on Wednesday, May 19th, 2010 at 4:00p.m. (Eastern Time) at the St. Andrew's Club and Conference Centre located at 150 King Street West, 16th floor. Shareholders of record as at the close of business on April 13, 2010 are entitled to notice of, and to vote at, the meeting.
Please note:
This entire press release may be accessed via fax, e-mail, IAMGOLD's website at http://www.iamgold.com/ All material information on IAMGOLD can be found at http://www.sedar.com/ or at http://www.sec.gov/
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TORONTO, ONTARIO--(http://www.investorideas.com/ mining stocks newswire) - 04/12/10 - IAMGOLD Corporation (TSX:IMG)(NYSE:IAG)(BOTSWANA: IAMGOLD) will release first quarter 2010 financial results before the market opens Thursday, May 6th, 2010.
A conference call will be held on Thursday, May 6th, 2010 at 10:00 a.m. (Eastern Time) to provide highlights from this quarter. A webcast of the conference call will be available through the Company's website - http://www.iamgold.com/.
Conference Call Information:
North America Toll-Free: 1-866-551-1530 or 1-212-401-6700
Passcode: 7140353#
A replay of this conference call will be available from 2:00pm May 6th to June 6th, 2010. Access this replay by dialing:
North America toll-free: 1-866-551-4520 or 1-212-401-6750, passcode: 262288#
A reminder that the Annual General Meeting of the Company's shareholders will be held on Wednesday, May 19th, 2010 at 4:00p.m. (Eastern Time) at the St. Andrew's Club and Conference Centre located at 150 King Street West, 16th floor. Shareholders of record as at the close of business on April 13, 2010 are entitled to notice of, and to vote at, the meeting.
Please note:
This entire press release may be accessed via fax, e-mail, IAMGOLD's website at http://www.iamgold.com/ All material information on IAMGOLD can be found at http://www.sedar.com/ or at http://www.sec.gov/
More mining stocks info
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 10 stock directories and investor newsletter.
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Mining Stocks News; Soltera (OTCPK: SLTA) Gains Right to Mine Surface Gold Deposits at El Torno, Argentina
Mining Stocks News; Soltera (OTCPK: SLTA) Gains Right to Mine Surface Gold Deposits at El Torno, Argentina
Soltera aims for full production within the next two months
Jujuy, Argentina - April 12, 2010 –Soltera Mining Corp. (OTCPK: SLTA; Frankfurt: SN7) (www.solteramining.com) reports the company has entered into two agreements with the El Torno mineral title owner, which combined give Soltera the right to mine surficial gold at El Torno, in northern Argentina, in addition to certain exploration rights over a prospective copper area, Sur Eureka.
Dr. Fabio Montanari, President and CEO of Soltera Mining Corp reports the two contracts should be considered together. The net result is that Soltera has paid a total of US$150,000 to the title owner and has acquired the following:
* the rights to mine and process gold-bearing surface deposits at El Torno in a 90%-10% joint venture with the title owner for a period of four years renewable for a further four years, and
* at Sur Eureka, the first right of refusal for three years (until 30 July 2013) on a 2,926 hectare property that has copper-gold potential, is located strategically within the prospective copper belt area, and is only 5 km away from the El Torno gold property.
El Torno - Joint Venture to Exploit Surficial Gold
El Torno is located in northern Argentina near the international border with Bolivia. The 78 km2 area has potential for world-class gold deposits of two types; vein gold in a very large quartz vein system that extends intermittently north-south for 14 km and has been worked underground in the past; and dispersed gold in suites of small veins and stockworks that are separate from the main system and could be major open-pit targets. One interesting point is that the gold seems to be commonly free and some is in micro-plate form, thereby offering the possibility of recovery by simple mechanical rather than chemical processes (Ethical Gold Exploitation).
Soltera intends to fully investigate both the underground and open-pit targets, but has been limited to date by lack of funding. It should be noted that exploration of the large-scale gold targets will continue as revenue from the surficial exploitation or additional funding becomes available.
The El Torno area contains a third type of gold deposit known as elluvial which is formed of weathered material derived from gold-bearing bedrock. Broad patches of this material, usually 2 m to 3 m deep, are distributed throughout the area, commonly centred on the large open-pit targets. It is easily worked and, in fact, material from one area was extracted by the mineral title owner until three years ago when he ceased operations due to ill health. The weathered gold-bearing material was dug by back hoe and transported some 3 km to a gravity processing plant located just outside the El Torno title area.
Soltera has now formed a joint venture with the mineral title owner to extract and process the elluvial material. Full details of the agreement are available in an 8-K filed with the SEC (see SEC 8-K filing). In essence the joint venture gives Soltera the rights to mine the surface deposits and process the material at the existing plant, with the mineral title owner receiving 10% of gold produced. The agreement is for four years renewable for another four years provided that half the elluvial material has been worked. In the event that production ceases for any reason, Soltera is entitled to take possession of the processing plant.
There is no firm data confirming the tonnage and grade potential, but there certainly appear to be substantial tonnages of surface material suitable for processing. We know that gold was produced from a part of this material using existing equipment for a period of at least two years and that the equipment is still in good condition and serviceable. Furthermore, we think it highly likely that considerable fine pure gold was lost in the recovery process and it may be possible, by using additional simple processing methods (such as spirals) to recover this gold.
Soltera will now immediately bring the existing processing equipment on-stream and carry out test-work on the source material. The objective is to achieve full production within the next two months.
Sur Eureka - Exploration Contract with an Option to Purchase
Sur Eureka is a mineral title area of 2926 hectares with some old mine workings and potential for copper and gold mineralisation, located about 5 km from El Torno. It is in a broad area of copper showings, with the main old Eureka Mine about 2 km to the north.
Exploration work carried out during 2007 and 2008 by the Soltera/TNR Gold Corp joint venture suggested that Sur Eureka is the most promising part of the copper-rich belt. Certainly, possession of the Sur Eureka property controls exploration throughout the area.
Soltera has a contract with the mineral title owner (see SEC filing ), the main terms being that Soltera pays the mineral title owner US$150,000 (already paid) for the exclusive right to explore the property for six months (until end July 2010) and thereafter the right of first refusal to purchase the property for a period of three years.
Additional information on El Torno
The central parts of the El Torno gold-bearing quartz vein system have been worked since the Incas, resulting in approximately 1000 metres of underground galleries. The gold is concentrated in a 2 m thick zone along the western side of the system. More recent drilling and other exploration work by Peñoles and Puma Minerals estimated that a 1.3 km length of the vein could have the potential for over 500,000 ounces of gold to a depth of 100 m or 2 million ounces to a depth of 400 m at an assumed grade of 10 g/t gold (non-NI 43-101 compliant). Stream sediment geochemical exploration by Soltera suggests that the vein system is mineralized throughout its full 14 km length. The potential will be tested by geophysical surveys and diamond drilling.
The Soltera stream sediment surveys also showed broad and strong gold anomalies over wide areas of the country rocks as far away as 3 km from the main vein. These are centered on suites of small veins and stockworks within the country rocks and they appear to be major open-pit targets. These targets will be tested by a programme of trenching, sampling and drilling.
Contact:
Fabio Montanari
President/CEO
Soltera Mining Corp.
1-888-768-5552
Email: info@solteramining.com
Website: http://www.solteramining.com/
* Soltera is a featured showcase company on Investorideas.com and its mining portals.
Investors can view the full company profile for Soltera Mining Corp. at http://www.investorideas.com/CO/SLTA/
Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Pink sheet stock disclaimer: http://www.pinksheets.com/otcguide/investors_protection.jsp
__________________________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Soltera aims for full production within the next two months
Jujuy, Argentina - April 12, 2010 –Soltera Mining Corp. (OTCPK: SLTA; Frankfurt: SN7) (www.solteramining.com) reports the company has entered into two agreements with the El Torno mineral title owner, which combined give Soltera the right to mine surficial gold at El Torno, in northern Argentina, in addition to certain exploration rights over a prospective copper area, Sur Eureka.
Dr. Fabio Montanari, President and CEO of Soltera Mining Corp reports the two contracts should be considered together. The net result is that Soltera has paid a total of US$150,000 to the title owner and has acquired the following:
* the rights to mine and process gold-bearing surface deposits at El Torno in a 90%-10% joint venture with the title owner for a period of four years renewable for a further four years, and
* at Sur Eureka, the first right of refusal for three years (until 30 July 2013) on a 2,926 hectare property that has copper-gold potential, is located strategically within the prospective copper belt area, and is only 5 km away from the El Torno gold property.
El Torno - Joint Venture to Exploit Surficial Gold
El Torno is located in northern Argentina near the international border with Bolivia. The 78 km2 area has potential for world-class gold deposits of two types; vein gold in a very large quartz vein system that extends intermittently north-south for 14 km and has been worked underground in the past; and dispersed gold in suites of small veins and stockworks that are separate from the main system and could be major open-pit targets. One interesting point is that the gold seems to be commonly free and some is in micro-plate form, thereby offering the possibility of recovery by simple mechanical rather than chemical processes (Ethical Gold Exploitation).
Soltera intends to fully investigate both the underground and open-pit targets, but has been limited to date by lack of funding. It should be noted that exploration of the large-scale gold targets will continue as revenue from the surficial exploitation or additional funding becomes available.
The El Torno area contains a third type of gold deposit known as elluvial which is formed of weathered material derived from gold-bearing bedrock. Broad patches of this material, usually 2 m to 3 m deep, are distributed throughout the area, commonly centred on the large open-pit targets. It is easily worked and, in fact, material from one area was extracted by the mineral title owner until three years ago when he ceased operations due to ill health. The weathered gold-bearing material was dug by back hoe and transported some 3 km to a gravity processing plant located just outside the El Torno title area.
Soltera has now formed a joint venture with the mineral title owner to extract and process the elluvial material. Full details of the agreement are available in an 8-K filed with the SEC (see SEC 8-K filing). In essence the joint venture gives Soltera the rights to mine the surface deposits and process the material at the existing plant, with the mineral title owner receiving 10% of gold produced. The agreement is for four years renewable for another four years provided that half the elluvial material has been worked. In the event that production ceases for any reason, Soltera is entitled to take possession of the processing plant.
There is no firm data confirming the tonnage and grade potential, but there certainly appear to be substantial tonnages of surface material suitable for processing. We know that gold was produced from a part of this material using existing equipment for a period of at least two years and that the equipment is still in good condition and serviceable. Furthermore, we think it highly likely that considerable fine pure gold was lost in the recovery process and it may be possible, by using additional simple processing methods (such as spirals) to recover this gold.
Soltera will now immediately bring the existing processing equipment on-stream and carry out test-work on the source material. The objective is to achieve full production within the next two months.
Sur Eureka - Exploration Contract with an Option to Purchase
Sur Eureka is a mineral title area of 2926 hectares with some old mine workings and potential for copper and gold mineralisation, located about 5 km from El Torno. It is in a broad area of copper showings, with the main old Eureka Mine about 2 km to the north.
Exploration work carried out during 2007 and 2008 by the Soltera/TNR Gold Corp joint venture suggested that Sur Eureka is the most promising part of the copper-rich belt. Certainly, possession of the Sur Eureka property controls exploration throughout the area.
Soltera has a contract with the mineral title owner (see SEC filing ), the main terms being that Soltera pays the mineral title owner US$150,000 (already paid) for the exclusive right to explore the property for six months (until end July 2010) and thereafter the right of first refusal to purchase the property for a period of three years.
Additional information on El Torno
The central parts of the El Torno gold-bearing quartz vein system have been worked since the Incas, resulting in approximately 1000 metres of underground galleries. The gold is concentrated in a 2 m thick zone along the western side of the system. More recent drilling and other exploration work by Peñoles and Puma Minerals estimated that a 1.3 km length of the vein could have the potential for over 500,000 ounces of gold to a depth of 100 m or 2 million ounces to a depth of 400 m at an assumed grade of 10 g/t gold (non-NI 43-101 compliant). Stream sediment geochemical exploration by Soltera suggests that the vein system is mineralized throughout its full 14 km length. The potential will be tested by geophysical surveys and diamond drilling.
The Soltera stream sediment surveys also showed broad and strong gold anomalies over wide areas of the country rocks as far away as 3 km from the main vein. These are centered on suites of small veins and stockworks within the country rocks and they appear to be major open-pit targets. These targets will be tested by a programme of trenching, sampling and drilling.
Contact:
Fabio Montanari
President/CEO
Soltera Mining Corp.
1-888-768-5552
Email: info@solteramining.com
Website: http://www.solteramining.com/
* Soltera is a featured showcase company on Investorideas.com and its mining portals.
Investors can view the full company profile for Soltera Mining Corp. at http://www.investorideas.com/CO/SLTA/
Disclaimer: http://www.investorideas.com/About/Disclaimer.asp
Pink sheet stock disclaimer: http://www.pinksheets.com/otcguide/investors_protection.jsp
__________________________________________________________________
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Friday, April 09, 2010
Gold Bullion Development Corp. (TSX-V: GBB) - PRIVATE PLACEMENT CLOSES INVESTOR RELATIONS CONSULTANTS RETAINED STOCK OPTONS GRANTED
Gold Bullion Development Corp. (TSX-V: GBB) - PRIVATE PLACEMENT CLOSES INVESTOR RELATIONS CONSULTANTS RETAINED STOCK OPTONS GRANTED
April 8, 2010 (http://www.investorideas.com/ Mining Stocks Newswire) - Gold Bullion Development Corp. (the "Company" or "Gold Bullion", TSX.V: GBB) is pleased to announce that it has closed the non-brokered private placement announced on March 16, 2010, as amended March 26, 2010, by the issuance of 18,700,000 units at a price of $0.215 per unit to raise gross proceeds of $4,020,500. Each unit consists of one common share in the capital of the Company and one-half of a transferable share purchase warrant, each whole warrant entitling the holder to purchase one additional common share in the capital of the Company for a period of two years from the date of issuance, at a purchase price of $0.30 per share.
The 5 Stocks to Own in 2010 -- Free Report!In connection with certain subscriptions of the private placement, the Company paid cash finders' fees to arm's length parties in an aggregate amount of $359,319.43, representing 10% of the gross proceeds raised through them in the private placement. In addition, the Company issued an aggregate of 1,056,356 non-transferable broker warrants to Allyson Taylor Partners, RWS Capital Services, Jordan Capital Markets Inc., and MacDougall, MacDougall & Mactier Inc. Each broker warrant entitles the holder to purchase one common share of the Company for a period of two years from the date of issuance, at a purchase price of $0.30 per share.
All securities issued by the Company pursuant to the private placement are subject to a hold period of four months and one day and cannot be resold until August 7, 2010.
Proceeds of the private placement will be used for the development of the Company's Granada Gold Mine.
Investor Relations
The Company announces that it has entered into an agreement (the “IR Agreement”) with San Diego Torrey Hills Capital, Inc. ("Torrey Hills Capital") of Del Mar, California, to provide investor relations services.
Torrey Hills Capital is a leading investor and financial public relations firm specializing in small and microcap companies, most of which are in the natural resources sector. It will be Gold Bullion's goal to build and maintain an informed investor audience by increasing awareness about the company through Torrey Hills Capital's established relationships with investment professionals, investment advisors, money managers, and market makers focused on the microcap market space. Torrey Hills Capital will also develop a profile on Gold Bullion for coverage on its website, www.babybulls.com, a website developed to showcase and provide exposure for emerging micro-cap companies to an audience of proven micro-cap investors.
The IR Agreement is for an initial period of six months, with an option to renew for a further term at the mutual agreement of both parties.
Torrey Hills Capital will receive a monthly retainer of US$5,000 during the term of the agreement, for an aggregate consideration of US$30,000. The Company has also granted an option to purchase up to 200,000 common shares to Torrey Hills Capital, exercisable for a period of three years at an exercise price of $0.20 per share. The options are granted pursuant to the Company's Stock Option Plan and will vest in accordance with the provisions therein and the policies of the TSX Venture Exchange, which require that options granted to a consultant providing investor relations services must vest in stages over 12 months with no more than one-quarter of the options vesting in any three month period.
The IR Agreement is subject to review and approval by the TSX Venture Exchange.
Stock Options
The Company also announces that it has granted stock options to consultants and employees to purchase up to an aggregate of 350,000 common shares of the Company, exercisable at a price of $0.20 per share for five years, subject to regulatory approval. The options are granted in accordance with the Company's Stock Option Plan and will vest in accordance with the provisions therein and the policies of the TSX Venture Exchange.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of mineral properties, all of which are located in Canada. The Company is currently focused on the advancement of its Granada Gold Mine Property in Rouyn-Noranda, Quebec and Castle Silver Mine Property in Gowganda, Ontario.
Frank J. Basa
President and Chief Executive Officer
For further information contact:
Frank J Basa P.Eng., President & CEO, 1-416-625-2342
Roger Thomas, Director, 1-613-292-2438
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
_________________________________________________________________________
Disclosure: GBB is a paid advertising client on Investorideas.com and our mining portals.
Visit the GBB showcase profile at Investorideas.com- http://www.investorideas.com/CO/GBB/
Request News and Info on GBB
Published at http://www.investorideas.com/ and http://www.gold-miningstocks.com/
and http://www.miningsectorstocks.com/ portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.
_______________________________________
More mining stocks info
Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
April 8, 2010 (http://www.investorideas.com/ Mining Stocks Newswire) - Gold Bullion Development Corp. (the "Company" or "Gold Bullion", TSX.V: GBB) is pleased to announce that it has closed the non-brokered private placement announced on March 16, 2010, as amended March 26, 2010, by the issuance of 18,700,000 units at a price of $0.215 per unit to raise gross proceeds of $4,020,500. Each unit consists of one common share in the capital of the Company and one-half of a transferable share purchase warrant, each whole warrant entitling the holder to purchase one additional common share in the capital of the Company for a period of two years from the date of issuance, at a purchase price of $0.30 per share.
The 5 Stocks to Own in 2010 -- Free Report!In connection with certain subscriptions of the private placement, the Company paid cash finders' fees to arm's length parties in an aggregate amount of $359,319.43, representing 10% of the gross proceeds raised through them in the private placement. In addition, the Company issued an aggregate of 1,056,356 non-transferable broker warrants to Allyson Taylor Partners, RWS Capital Services, Jordan Capital Markets Inc., and MacDougall, MacDougall & Mactier Inc. Each broker warrant entitles the holder to purchase one common share of the Company for a period of two years from the date of issuance, at a purchase price of $0.30 per share.
All securities issued by the Company pursuant to the private placement are subject to a hold period of four months and one day and cannot be resold until August 7, 2010.
Proceeds of the private placement will be used for the development of the Company's Granada Gold Mine.
Investor Relations
The Company announces that it has entered into an agreement (the “IR Agreement”) with San Diego Torrey Hills Capital, Inc. ("Torrey Hills Capital") of Del Mar, California, to provide investor relations services.
Torrey Hills Capital is a leading investor and financial public relations firm specializing in small and microcap companies, most of which are in the natural resources sector. It will be Gold Bullion's goal to build and maintain an informed investor audience by increasing awareness about the company through Torrey Hills Capital's established relationships with investment professionals, investment advisors, money managers, and market makers focused on the microcap market space. Torrey Hills Capital will also develop a profile on Gold Bullion for coverage on its website, www.babybulls.com, a website developed to showcase and provide exposure for emerging micro-cap companies to an audience of proven micro-cap investors.
The IR Agreement is for an initial period of six months, with an option to renew for a further term at the mutual agreement of both parties.
Torrey Hills Capital will receive a monthly retainer of US$5,000 during the term of the agreement, for an aggregate consideration of US$30,000. The Company has also granted an option to purchase up to 200,000 common shares to Torrey Hills Capital, exercisable for a period of three years at an exercise price of $0.20 per share. The options are granted pursuant to the Company's Stock Option Plan and will vest in accordance with the provisions therein and the policies of the TSX Venture Exchange, which require that options granted to a consultant providing investor relations services must vest in stages over 12 months with no more than one-quarter of the options vesting in any three month period.
The IR Agreement is subject to review and approval by the TSX Venture Exchange.
Stock Options
The Company also announces that it has granted stock options to consultants and employees to purchase up to an aggregate of 350,000 common shares of the Company, exercisable at a price of $0.20 per share for five years, subject to regulatory approval. The options are granted in accordance with the Company's Stock Option Plan and will vest in accordance with the provisions therein and the policies of the TSX Venture Exchange.
About Gold Bullion Development Corp.
Gold Bullion Development Corp. is a TSX Venture listed junior natural resource company focusing on the exploration and development of mineral properties, all of which are located in Canada. The Company is currently focused on the advancement of its Granada Gold Mine Property in Rouyn-Noranda, Quebec and Castle Silver Mine Property in Gowganda, Ontario.
Frank J. Basa
President and Chief Executive Officer
For further information contact:
Frank J Basa P.Eng., President & CEO, 1-416-625-2342
Roger Thomas, Director, 1-613-292-2438
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
_________________________________________________________________________
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Thursday, April 08, 2010
Mining Stocks; Stillwater Mining Company (NYSE:SWC ) Comments on Norilsk Nickel's Schedule 13-D Filing
Mining Stocks; Stillwater Mining Company (NYSE:SWC ) Comments on Norilsk Nickel's Schedule 13-D Filing
COLUMBUS, MT--04/08/10 ( http://www.investorideas.com/ Mining stocks newswire) - STILLWATER MINING COMPANY (NYSE:SWC ) today desired to comment on certain reports concerning yesterday's Schedule 13-D filing by Norilsk Nickel and certain of its affiliates, which collectively hold approximately 51.3% of Stillwater's common shares, wherein Norilsk Nickel said that they are exploring potential strategic alternatives regarding their investment in Stillwater. Stillwater today confirmed that they have been aware of Norilsk Nickel's preliminary consideration of strategic alternatives and have had several discussions concerning these alternatives with Norilsk Nickel and its representatives.
The decision to explore strategic alternatives, of course, was made solely by Norilsk Nickel, as was announced yesterday.
Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and Russia. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining Company can be found at its web site: http://www.stillwatermining.com/
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Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
COLUMBUS, MT--04/08/10 ( http://www.investorideas.com/ Mining stocks newswire) - STILLWATER MINING COMPANY (NYSE:SWC ) today desired to comment on certain reports concerning yesterday's Schedule 13-D filing by Norilsk Nickel and certain of its affiliates, which collectively hold approximately 51.3% of Stillwater's common shares, wherein Norilsk Nickel said that they are exploring potential strategic alternatives regarding their investment in Stillwater. Stillwater today confirmed that they have been aware of Norilsk Nickel's preliminary consideration of strategic alternatives and have had several discussions concerning these alternatives with Norilsk Nickel and its representatives.
The decision to explore strategic alternatives, of course, was made solely by Norilsk Nickel, as was announced yesterday.
Stillwater Mining Company is the only U.S. producer of palladium and platinum and is the largest primary producer of platinum group metals outside of South Africa and Russia. The Company's shares are traded on the New York Stock Exchange under the symbol SWC. Information on Stillwater Mining Company can be found at its web site: http://www.stillwatermining.com/
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Resource investors can research gold and mining stocks with the mining stocks directory, featuring Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges.
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Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Mining Stocks; Centerra Gold (TSX: CG.TO)Confirms Operations Continue at Its Kumtor Mine
Mining Stocks; Centerra Gold (TSX: CG.TO)Confirms Operations Continue at Its Kumtor Mine
TORONTO, ONTARIO--( www.Investorideas.com mining stocks newswire) April 8, 2010) - Centerra Gold Inc. (TSX: CG.TO) today confirmed that operations at its Kumtor mine, in the Kyrgyz Republic, continue uninterrupted and are currently unaffected by the unrest in the country. The Kumtor mine is located 430 kilometres by road to the southeast of the national capital Bishkek.
The Company is monitoring the situation to ensure that conditions remain safe to continue to transport people and supplies to the mine.
Centerra is a growth-oriented, gold mining company focused on operating, developing, exploring and acquiring gold properties primarily in Asia, the former Soviet Union and other emerging markets worldwide. Centerra is the largest Western-based gold producer in Central Asia. Centerra's shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company is based in Toronto, Canada.
Additional information
Additional information on Centerra is available on the Company's website at www.centerragold.com and on SEDAR at www.sedar.com.
Contacts
John W. Pearson
Centerra Gold Inc.
Vice President, Investor Relations
416-204-1241
john.pearson@centerragold.com
__________________________________
Resource investors can research gold and minin
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Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
TORONTO, ONTARIO--( www.Investorideas.com mining stocks newswire) April 8, 2010) - Centerra Gold Inc. (TSX: CG.TO) today confirmed that operations at its Kumtor mine, in the Kyrgyz Republic, continue uninterrupted and are currently unaffected by the unrest in the country. The Kumtor mine is located 430 kilometres by road to the southeast of the national capital Bishkek.
The Company is monitoring the situation to ensure that conditions remain safe to continue to transport people and supplies to the mine.
Centerra is a growth-oriented, gold mining company focused on operating, developing, exploring and acquiring gold properties primarily in Asia, the former Soviet Union and other emerging markets worldwide. Centerra is the largest Western-based gold producer in Central Asia. Centerra's shares trade on the Toronto Stock Exchange (TSX) under the symbol CG. The Company is based in Toronto, Canada.
Additional information
Additional information on Centerra is available on the Company's website at www.centerragold.com and on SEDAR at www.sedar.com.
Contacts
John W. Pearson
Centerra Gold Inc.
Vice President, Investor Relations
416-204-1241
john.pearson@centerragold.com
__________________________________
Resource investors can research gold and minin
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http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Investors following mining stocks can purchase the mining stocks directory in a PDF format with hyperlinks to stocks symbol(s), company’s url and company’s description. The mining stocks directory page features a Paypal link and buy now button for easy online purchase.
Investors also have the option to access the directory as part of the Investor Ideas Membership premium content. The full directory is now available to Investor Ideas members as part of the annual membership that currently features an additional 9 stock directories and investor newsletter.
Tuesday, April 06, 2010
TOMBSTONE EXPLORATION (OTCBB:TMBXF) SELECTS WEBER DRILLING FOR DRILL PROGRAM
TOMBSTONE EXPLORATION (OTCBB:TMBXF) SELECTS WEBER DRILLING FOR DRILL PROGRAM
Phoenix, AZ – April 6, 2010 (Investorideas.com Mining Stocks Newswire) – Tombstone Exploration Corp. (OTCBB:TMBXF) announced today that Weber Drilling of St. David, Arizona has been engaged for the 2010 Drill Program. Weber is scheduled to commence drilling on April 12th.
The 5 Stocks to Own in 2010 -- Free Report!Alan M. Brown, CEO of Tombstone, stated, "Weber Drilling's selection and the start of this year's drill program is a compliment to our exploration team. They have worked extremely hard to get us to this point."
Tombstone Exploration Corporation (OTCBB:TMBXF) is focused primarily on exploration and development of mineral resources. Tombstone Exploration Corporation has the mineral rights to approximately 11,500 acres of historical mining land in the areas around Tombstone, Arizona and is the largest landholder in the Tombstone Mining District.
For more information on Tombstone Exploration Corporation, please visit http://www.tombstonemining.com/
FORWARD-LOOKING STATEMENTS
Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended. Forward-looking statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements are estimates only, as the Company has not completed the preparation of its financial statements for those periods, nor has its auditor completed the audit of those results. Actual revenue may differ materially from those anticipated in this press release. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to Tombstone Exploration Corporation's ability to obtain additional financing. Tombstone Exploration Corporation undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Tombstone Exploration Corporation's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact Tombstone Exploration Corporation's success are more fully disclosed in Tombstone Exploration Corporation most recent public filings with the U.S. Securities and Exchange Commission.
CONTACT:
Tombstone Exploration Corporation
Alan M. Brown
President
alanmbrown@cox.net
480-305-4507
Investor Relations:
The Eversull Group, Inc.
Jack Eversull
972-571-1624
jack@theeversullgroup.com
Disclosure: TMBXF is a paid advertising client on Investorideas.com and our mining portals.
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http://www.investorideas.com/Gold_Stocks/Stocks_List.asp
Phoenix, AZ – April 6, 2010 (Investorideas.com Mining Stocks Newswire) – Tombstone Exploration Corp. (OTCBB:TMBXF) announced today that Weber Drilling of St. David, Arizona has been engaged for the 2010 Drill Program. Weber is scheduled to commence drilling on April 12th.
The 5 Stocks to Own in 2010 -- Free Report!Alan M. Brown, CEO of Tombstone, stated, "Weber Drilling's selection and the start of this year's drill program is a compliment to our exploration team. They have worked extremely hard to get us to this point."
Tombstone Exploration Corporation (OTCBB:TMBXF) is focused primarily on exploration and development of mineral resources. Tombstone Exploration Corporation has the mineral rights to approximately 11,500 acres of historical mining land in the areas around Tombstone, Arizona and is the largest landholder in the Tombstone Mining District.
For more information on Tombstone Exploration Corporation, please visit http://www.tombstonemining.com/
FORWARD-LOOKING STATEMENTS
Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended. Forward-looking statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements are estimates only, as the Company has not completed the preparation of its financial statements for those periods, nor has its auditor completed the audit of those results. Actual revenue may differ materially from those anticipated in this press release. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to Tombstone Exploration Corporation's ability to obtain additional financing. Tombstone Exploration Corporation undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Tombstone Exploration Corporation's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact Tombstone Exploration Corporation's success are more fully disclosed in Tombstone Exploration Corporation most recent public filings with the U.S. Securities and Exchange Commission.
CONTACT:
Tombstone Exploration Corporation
Alan M. Brown
President
alanmbrown@cox.net
480-305-4507
Investor Relations:
The Eversull Group, Inc.
Jack Eversull
972-571-1624
jack@theeversullgroup.com
Disclosure: TMBXF is a paid advertising client on Investorideas.com and our mining portals.
Visit the TMBXF showcase profile at Investorideas.com
Request News and Info on TMBXF
Published at Investorideas.com and www.Gold-MiningStocks.com and www.MiningSectorStocks.com, portals within the InvestorIdeas.com® content umbrella, feature industry and stock news, exclusive articles and financial columnists, audio interviews and podcasts, investor conferences, blogs, and a directory of stocks in the sector. Industry participants are invited to submit news, articles and research.
Mining Stocks Directory: Research mining stocks and gold stocks:
Directory Features Gold Stocks, Silver Stocks, Uranium Stocks, Copper Stocks, Zinc Stocks and Precious Metals TSX, TSX Venture, OTC, NASDAQ, AMEX, NYSE, ASX, AIM and other leading Stock Exchanges -Public companies please contact us with updates, corrections and additions.
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