Thu, Jul. 28, 7:51 AM
Fri, May 13, 7:40 AM
Thu, Mar. 31, 7:36 AM
- Orbite Technologies (OTCQX:EORBF): Q4 Net loss of C$6.8M.
Mar. 26, 2015, 7:15 PM
- Timmins Gold (NYSEMKT:TGD) calls off a private placement worth up to $10M that had been announced on Feb. 17; the offering was priced at C$1.25/share, but shares currently are trading below C$1.
- Also today, Orbite Aluminae (OTCQX:EORBF) called off an offering of debentures and warrants that was expected to raise as much as C$15.5M.
- Six gold companies raised nearly $800M in the span of two days in January, but raising capital has been a challenge ever since; the one major offering that was announced in March - Silver Wheaton’s (NYSE:SLW) $800M bought-deal - was priced too high and led to big losses for the underwriters, and has put a chill in the mining financing market.