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Otis arranges $5.04-million financing with Agnico Eagle

Otis arranges $5.04-million financing with Agnico Eagle

Agnico Eagle Mines Ltd. has agreed to acquire, by way of private placement, 14.42 million common shares of Otis Gold Corp. (TSXV:OOO) at a price of 35 cents per common share for proceeds of $5,047,000. On closing of the transaction, Agnico will own approximately 9.95 per cent of the issued

Scientific Metals Enters Into Earn-In Agreement With MGX Minerals on Its Petro Lithium Project in the Paradox Basin, Utah

Scientific Metals Enters Into Earn-In Agreement With MGX Minerals on Its Petro Lithium Project in the Paradox Basin, Utah

Scientific Metals Corp. (TSX VENTURE:STM)(FRANKFURT:26X)(OTCQB:SCTFF) is pleased to announce it has entered into an arm’s length Earn-In Agreement (the “Agreement”) with MGX Minerals (CSE:XMG) pursuant to which MGX has been granted the option to acquire a 50% interest in STM’s Paradox Basin Lithium Brine property (the “Paradox Property”) located in

Sify reports revenues of INR 15035 million for FY 2015-16

SANTA CLARA, Calif., April 22, 2016 (GLOBE NEWSWIRE) — Sify Technologies Limited (NASDAQ: SIFY), headquartered in Chennai, India, a leader in Managed Enterprise, Network, IT and Software services in India with global delivery capabilities, today announced its consolidated results under International Financial Reporting Standards (IFRS) for the fiscal year 2015-16.PERFORMANCE

Nigeria’s Oando to Build $350 Million Gas Processing Plant

Reuters reported that Nigeria’s Oando is planning to build a $350 million gas plant that focuses on integrating gas production with its supply business.

As quoted in the market news:
Bolaji Osunsanya, Managing Director of Oando Gas and Power said the plant, with a capacity to process 300 million standard cubit feet

Otis Gold Appoints Roger Norwich as Director

Otis Gold Appoints Roger Norwich as Director

 Otis Gold Corp. (TSXV:OOO,OTC:OGLDF) announced the appointment of Dr. Roger Norwich as Director. Dr. Norwich was previously a Director of Otis from 2012 to 2014, and was a founding Director of Mexican Silver Mines Ltd, which completed a merger with Rio Alto Mining Limited in 2009.

As quoted in the press

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Could Guyana Become a Top Oil Producer?

URL: https://investingnews.com/daily/resource-investing/energy-investing/oil-investing/guyana-top-oil-producer/