Two more explorers ... R and VIT
posted on
Aug 31, 2009 09:39AM
The company is now known as FUSE Cobalt.
Two more explorers that achieved critical mass via merger. The merger giving them control of the area. This has allowed them to raise funds to drill and explore.
Victoria Gold closes merger with StrataGold
2009-06-04 20:43 ET - News Release
Also News Release (C-SGV) StrataGold Corp
Mr. Chad Williams of Victoria Gold reports
VICTORIA GOLD CORP. ANNOUNCES CLOSING OF BUSINESS COMBINATION WITH STRATAGOLD CORPORATION
Further to the news releases by Victoria Gold Corp. issued in Stockwatch on Feb. 11, 2009, March 30, 2009, and May 27, 2009, the previously announced acquisition of StrataGold Corp. by Victoria, by way of plan of arrangement, which was approved by the Supreme Court of British Columbia on May 29, 2009, has closed with an effective date of June 4, 2009.
Victoria Gold closes Gateway Gold acquisition
2008-12-17 10:40 ET - News Release
Mr. Chad Williams reports
VICTORIA GOLD CORP. ANNOUNCES CLOSING OF BUSINESS COMBINATION WITH GATEWAY GOLD CORP.
Victoria Gold Corp. and Gateway Gold Corp. have confirmed that the previously proposed acquisition of Gateway by Victoria, by way of plan of arrangement, which was approved by the Supreme Court of British Columbia on Dec. 4, 2008, has closed with an expected effective date of Dec. 18, 2008. Gateway's shares are expected to be delisted from the Toronto Stock Exchange at the closing time of 12:01 a.m. on Dec. 18, 2008.
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Romarco Minerals increases landholdings at Haile
2009-06-29 12:09 ET - News Release
Ms. Diane Garrett reports
ROMARCO EXTENDS LAND POSITION 2.4 KM ALONG HAILE TREND
Romarco Minerals Inc. has acquired additional property along the mineralized trend at the Haile gold mine in South Carolina. The new property extends Romarco's land position 2.4 kilometres along strike beyond the western edge of the South pit. Romarco now controls 4.7 kilometres of strike length along the Haile mineralization corridor, nearly doubling what the company controlled previously.
Taylor refreshes Romarco buy
2009-03-24 20:14 ET - In the News
Jay Taylor, writing in the March 17, 2009, edition of Gold, Energy & Tech Stocks, refreshes his buy recommendation for Romarco Minerals Inc., recently 38 cents. Mr. Taylor said buy on May 20, 2008, at 17.5 cents and on Dec. 17, 2008, at 13 cents. A $1,000 investment for each of the two buys is now worth $5,094. Mr. Taylor expects Romarco to release a new resource estimate for its Haile mine in South Carolina soon. He says the estimate will almost certainly be larger, and could fall in the range of between three million ounces to five million ounces of gold. Mr. Taylor notes the economics of Haile, based on the current 1.3 million ounces, are very good. The mine could produce 128,000 ounces a year, with all-in costs at $450 an ounce, over an eight-year mine life. Mr. Taylor says the one negative is the relatively large number of Romarco shares outstanding, which will most certainly put a cap on the stock's upward potential. The newsletter writer still thinks that Romarco's share price could go to between $2 to $3, which would give shareholders a tenfold increase.
Romarco Minerals South Carolina land acquisition
2009-01-22 16:11 ET - Property Agreement
The TSX Venture Exchange has accepted for filing documentation relating to an agreement of purchase and sale dated Dec. 17, 2008, between Jimmy Johnson and Sherry Johnson and Romarco Minerals Inc. Pursuant to the agreement, the company shall acquire approximately 240 acres of land adjacent to the Haile gold mine property, located in Lancaster county, South Carolina.
As consideration, the company shall issue 100,000 common shares, plus additional cash consideration, payable within one year of closing the agreement.