-
GOLD: McEwen Mining plans $20M exploration on Timmins properties
ONTARIO – Toronto-based McEwen Mining has announced plans to spend $20 million for exploration on its properties near Timmins. The company will offer approximately 6.0 million flow-through shares priced at $3.02 each. McEwen says the offer price represents a premium…
-
Interview: Rob McEwen responds to criticism of US$90M at-the-market offering
On Nov. 8, McEwen Mining (TSX: MUX; NYSE: MUX) entered an equity distribution agreement with UBS Securities, BMO Capital Markets, Cantor Fitzgerald & Co., H.C. Wainwright & Co., Roth Capital Partners and Alliance Global Partners to offer up to US$90…
-
GOLD: Marathon Gold increases flow-through deal to $16M
TORONTO – RBC Capital Markets has agreed to purchase flow-through and common shares of Marathon Gold Corp. in a bought deal worth a total of $16.18 million. RBC is buying 8.0 million flow-through shares at a price of $1.25 each…
-
MINING MARKETS: Financings on the rise
Optimism at the PDAC 2016 Convention is now being backed by positive signs in financing for junior and intermediate metals and mining companies. SNL’s Monthly Industry Monitor (Global) reported some positive developments in recent months. There were 40 financings over…
