CBM Asia Development Corp. (TSXV:TCF,US:CBMDF,FWB:IY2) closed the first tranche of its private placement for gross proceeds of $255,320. 2,553,200 common shares were issued at a price of $0.10 per share.
Bacanora Minerals Ltd. (TSXV:BCN) staked new lithium targets surrounding the Company’s La Ventana lithium deposit and the El Sauz and Fleur concessions that are under joint venture with Rare Earth Minerals Plc (REM). Bacanora Minerals also signed a Memorandum of Understanding (MOU) with REM that allows REM to participate in the exploration and development of Megalit, as well as the Company’s Buenavista and San Gabriel
Zadar Ventures Ltd. (TSXV:ZAD) closed the first tranche of its non-brokered private placement for $933,000, at a price of $0.20 per unit.
CBM Asia Development Corp. (TSXV:TCF,US:CBMDF,FWB:IY2) provided a review of its operations in Indonesia, as well as an update on its current financing activities. To date, the Company has successfully drilled and tested a total of eight coalbed methane exploration wells at two Production Sharing Contract (PSC) areas in Indonesia. The Company has also been offered financing facilities of US$25 million and EUR60 million by two private institutions.
RedChip Companies Inc. issued a research profile on Energy Fuels Inc. (TSX:EFR,NYSE:UUUU).
Big Sky Petroleum Corporation (TSXV:BSP) announced a restructuring of its share capital and management.
OTC Markets Group Inc. (OTCQX:OTCM) congratulated Energy Fuels Inc. (TSX:EFR,OTCQX:EFRFD,NYSE:UUUU) on its NYSE MKT listing.
Energy Fuels Inc. (TSX:EFR,OTCQX:EFRFD,NYSE:UUUU) will commence trading on the NYSE MKT at the opening of the market on December 4, 2013, under the ticker symbol, “UUUU.”
Alpha Minerals Inc. (TSXV:AMW) and Fission Uranium Corp. (TSXV:FCU) announced that their plans of arrangement have been approved by their respective securityholders. The completion of both arrangements is expected to occur on December 6, 2013.
CBM Asia Development Corp. (TSXV:TCF,US:CBMDF,FWB:IY2) provided an update on recent testing activities at the Kutai West PSC, signed a Memorandum of Understanding (MOU) with PT Navigat Energy, and arranged a $3.8 million non-brokered private placement.