Altai Resources Inc. (TSX VENTURE:ATI) (US SEC Rule 12g3-2(b) File # 82-2950) reported that the company is extending the warrant term by one year to May 4, 2011 for the 1,000,000 common share purchase warrants issued pursuant to the private placement of 2,000,000 common share units at $0.95 per unit closed on May 5, 2008 with warrant exercise price of $1.25 per common share and original one year warrant expiry date of May 4, 2009 which was subsequently extended to May 4, 2010.
Continental Nickel Limited (TSX VENTURE:CNI) reported that the computer has amended the terms of the brokered private placement announced on April 13, 2010.
Pele Mountain Resources Inc. (TSX VENTURE:GEM) reported drilling plans for its Pigeon River property, 60 kilometres southwest of Thunder Bay in Northern Ontario.
It has been nine months since 3,100 workers walked off the job at Vale’s Canadian mining and smelting operations in Sudbury and Port Colborne, Ontario, and there seems little reason to believe the walkout would not go on for a year, given the reluctance of both the company and union to budge from their positions.
MBMI RESOURCES INC. (TSX VENTURE:MBR) reports that further to its April 22, 2010 news release,the company has closed an additional $150,000 and has now received gross proceeds of $1,464,000 in consideration of the issuance of 7,320,000 Units at a price of $0.20 per Unit.
Great Western Minerals Group Ltd. (TSX VENTURE:GWG)(OTCQX:GWMGF)reported the appointment of Mr. Mohamed Madhi to its Advisory Board, effective immediately.
MBMI RESOURCES INC. (TSX VENTURE:MBR) announced further to its April 12, 2010 news release, that the company has closed the non-brokered Private Placement financing and the Company has received gross proceeds of $1,314,000 in consideration of the issuance of 6,570,000 Units at a price of $0.20 per Unit.
