Thursday, January 31, 2019

Cornerstone Capital Resources Inc. - CGP.v

Cornerstone Capital Resources Inc. - CGP.v is focused on advancing exploration on a diversified portfolio of gold, silver and copper projects in Ecuador and Chile. The company owns an interest in the Cascabel gold-enriched copper porphyry joint venture in north west Ecuador.
On January 31, 2019 the company released NEWS

Cornerstone Capital Resources Inc. notes the press release of SolGold plc issued on January 31, 2019 that announces their intention to commence an offer to acquire all of the issued and outstanding common shares of Cornerstone. Despite SolGold not intending to make a formal offer before the end of February, Cornerstone has been advised by shareholders that collectively own over 50% of the outstanding shares of the Company that they will not support the terms of the proposed offer announced by SolGold. Given that the Canadian takeover rules require the majority of the outstanding shares (excluding shares held by SolGold) be tendered to a formal offer before any shares can be taken up, SolGold's proposed offer, if formalized, is incapable of being completed.

Tuesday, January 22, 2019

Venture - TSE widgets


Wednesday, January 16, 2019

Pelangio Exploration Inc. - PX.v

Pelangio Exploration Inc. - PX.v operates in both Ontario and Ghana, West Africa. The company is advancing the Birch Lake Property located adjacent to First Mining's Springpole Gold Project and the Obuasi Property, adjacent to AngloGold Ashanti's Obuasi Mine.

On January 11, 2019 the company released News
Pelangio Announces Extension of Private Placement Financing

Pelangio Exploration Inc. announces that further to press releases dated November 12, 2018 and December 18, 2018, its previously announced private placement (the "Private Placement") of up to $675,000 is expected to be oversubscribed. To facilitate the additional demand, the Company has received approval from the TSX Venture Exchange for an extension of the duration of the Private Placement to February 11, 2019 and to increase the size of the Private Placement to up to $750,000.