AGORACOM Small Cap TV - December 22nd - Highlights
posted on
Dec 22, 2010 09:03AM
Good morning to you all. Please find enclosed a summary of the breaking small-cap and micro-cap financial news we highlighted on AGORACOM Small Cap TV this morning. It’s December 22nd, 2010, and we’ve found 3 great press releases to report on at the open. Another great day for small-cap and micro-cap financial news. To watch the show live every morning at 9:30 AM, visit our front page.
Soltoro Ltd. Completes $3,115,000 Financing
Soltoro Ltd. (TSX VENTURE:SOL)
announce it has closed a non-brokered private placement of 6,922,223 units (the "Units") at a price of $0.45 per Unit for total gross proceeds of $3,115,000 (the "Offering"). Three directors of the Company participated in the Offering, subscribing for an aggregate of 154,167 Units.
About Soltoro:
Soltoro is a junior exploration company exploring for bulk tonnage gold, silver and copper deposits in Mexico. The Company continues to develop its El Rayo silver-gold project to expand the existing NI 43-101 compliant primary silver resource. Soltoro has also recently completed a mapping and sampling program at its Pena Grande project; and is actively advancing its Victoria, Quila, Tortuga, Chinipas and El Santuario projects. Soltoro has 44,674,948 shares outstanding and trades on the TSX Venture Exchange under the symbol SOL.
Last Sale: 0.59 52 Week Range: 0.17 - 0.65 Market Cap: 20.94M
XZERES Wind Corp. Launches Online Investor Relations Program via AGORACOM
XZERES Wind Corp. (OTCBB: XWND)
Last Sale: 1.80 52 Week Range: 0.50 - 5.35 Market Cap: 23.90M
Timberline Drills 12.1 g/t Gold Over 17.7 Metres at Lookout Mountain
Timberline Resources Corporation (TSX VENTURE:TBR) (NYSE Amex:TLR)
today reported assay results for a series of drill holes, including hole number BHSE-029C, which returned 0.35 opt (12.1 g/t) of gold over 58.0 feet (17.7 metres).
This high grade intercept represents significant sulfide bearing gold mineralization within the Lookout Mountain mineral system currently being advanced as part of the greater South Eureka Property.
About Timberline Resources
Timberline is a U.S.-based exploration/development company with a focus on advanced-stage precious metals properties. The Company's management team has a solid track record of achievement in building successful companies and discovering, exploring, and developing economic mineral deposits. Currently, Timberline is executing an aggressive exploration program at its South Eureka Property, a large drill-tested and highly prospective property in Nevada's Battle Mountain – Eureka gold trend.
Last Sale: 0.88 52 Week Range: 0.66 - 1.45 Market Cap: 48.97M