Base Metals

Alternative Earth Resources, now Black Sea Copper & Gold (TSX.V:BLS) has completed the acquisition of Black Sea Copper and Gold. According to the press release:   The Company has also closed the concurrent private placement financing which generated gross proceeds of $2,000,000. Following completion of the Acquisition and the financing, the Company has 43,727,156 common …

Alternative Earth Resources, now Black Sea Copper & Gold (TSX.V:BLS) has completed the acquisition of Black Sea Copper and Gold.
According to the press release:
 

The Company has also closed the concurrent private placement financing which generated gross proceeds of $2,000,000. Following completion of the Acquisition and the financing, the Company has 43,727,156 common shares issued and outstanding and the Company’s cash reserves are approximately $3.5 million.
Immediately prior to closing the Acquisition the Company completed the consolidation of 1.24 existing shares for one post-Consolidation share and the name of the Company was changed to “Black Sea Copper & Gold Corp.”. The new CUSIP for the shares of the Company is 09225W109 and the new ISIN is CA09225W1095. Registered shareholders of the Company may contact the Company’s registrar and transfer agent, Computershare Investor Services Inc., in order to exchange existing share certificates for new share certificates. Shareholders who hold their shares through a broker or other intermediary and do not have shares registered in their own name need take no further action.

Click here for the full press release.

MARKETS

Markets
TSX19694.16+74.03
TSXV666.01+1.84
DOW33017.52+214.05
S&P 5004173.73+28.54
NASD12758.46+100.90
ASX7015.60+40.70

COMMODITIES

Commodities
Gold1783.87+9.77
Silver20.44+0.62
Copper3.60+0.04
Palladium2239.00+123.00
Platinum944.00+12.00
Oil89.28+0.27
Heating Oil3.21-0.01
Natural Gas7.65-0.41

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