🕐27.05.11 - 20:54 Uhr

MID-DAY BREAKING NEWS FROM LABRADOR IRON AND THREEGOLD



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LIM Closes $11.25 Million Over-Allotment Option
27 May 2011
Labrador Iron Mines Holdings Limited ("LIM" or the "Company") (TSX:LIM) is pleased to announce today that the underwriters of the Companys recently completed $110,000,500 public offering of common shares (the "Offering") have exercised the over-allotment option (the "Option") granted in connection with Offering and have purchased an additional 900,000 shares for gross proceeds of $11,250,000, bringing the total gross proceeds of the Offering to $121,250,500. [View More]

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Osisko Mining Corporation to Option the Adanac Gold Project From Threegold Resources Inc.
27 May 2011
Threegold Resources Inc. ("Threegold" or the "Company") (TSX VENTURE:THG) is pleased to announce that it has entered into an option agreement with Osisko Mining Corp (TSX:OSK) whereby Osisko may earn a maximum 70% interest in the Adanac Gold Project located in the Abitibi region of Quebec. Under the terms of the agreement, Osisko will incur $4.5 million dollars of exploration expenditures over 4 years and pay $600,000 in cash payments to earn a 51% interest. [View More] VIEW MORE [+]

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