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Moneta Porcupine Mines Inc.: Moneta Closes Oversubscribed $22.6 Million Financing

Moneta Porcupine Mines Inc.: Moneta Closes Oversubscribed $22.6 Million Financing
Moneta Porcupine Mines Inc. (TSX:ME) (OTC:MPUCF) (XETRA:MOP) (
Moneta or
Company )
is pleased to announce that the Company has closed its previously announced (ME-PR 01-2021) bought deal private placement
(
The Bought Deal Offering was led by Paradigm Capital Inc. (
Paradigm ) and Dundee Goodman Merchant Partners (
Dundee ) on behalf of a syndicate of underwriters including Canaccord Genuity Corp., Eight Capital, Haywood Securities Inc., and Sprott Capital Partners LP (together with Paradigm and Dundee, the
Underwriters ).
In connection with the Bought Deal Offering, Moneta issued 17,343,700 common shares at C$0.32 per share ( ....

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Moneta Porcupine Mines Inc.: Moneta Extends Gold Mineralization for 1.6 Km East of Current Resources at Golden Highway

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Toronto, Ontario (Newsfile Corp. - February 2, 2021) -
Moneta Porcupine Mines Inc. (TSX: ME) (OTC Pink: MPUCF) (XETRA: MOP) ( Moneta or the Company ) is pleased to announce the results from six (6) holes drilled to test three (3) targets areas for gold mineralization over a strike length of 1,600 metres (m) to the east of the Windjammer South open pit gold resource. The drill holes were drilled as part of the expanded 2020/2021 winter drill program on the Golden Highway Project, 110 km east of Timmins, Ontario (Figure 1).
Highlights:
Drilling has intersected significant gold mineralization in three targets areas (Halfway, Halfway Lake and East Fold) over a 1,600 m strike length east of the current gold resources at Golden Highway: ....

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Moneta Extends Gold Mineralization for 1.6 Km East of Current Resources at Golden Highway

Moneta Porcupine Mines Inc. (TSX: ME) (OTC Pink: MPUCF) (XETRA: MOP) (“Moneta” or the “Company”) is pleased to announce the results from six (6) holes drilled to test three (3) targets areas for gold mineralization over a strike length of 1,600 metres (m) to the east of the Windjammer South open pit gold resource.
Moneta Porcupine Mines Inc. (TSX: ME) (OTC Pink: MPUCF) (XETRA: MOP) (“Moneta” or the “Company”) is pleased to announce the results from six (6) holes drilled to test three (3) targets areas for gold mineralization over a strike length of 1,600 metres (m) to the east of the Windjammer South open pit gold resource. The drill holes were drilled as part of the expanded 2020/2021 winter drill program on the Golden Highway Project, 110 km east of Timmins, Ontario (Figure 1). ....

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Moneta Porcupine Mines Inc.: Moneta Files NI 43-101 Technical Report for the Mineral Resource Update on the Golden Highway Project

(1)
Toronto, Ontario (Newsfile Corp. - January 22, 2021) -
Moneta Porcupine Mines Inc. (TSX :ME) (OTC Pink: MPUCF) (XETRA: MOP) ( Moneta or the Company ) is pleased to announce the filing of the technical report covering the updated mineral resource estimate for the Golden Highway Project, 110 km east of Timmins, Ontario.
Gary O Connor, CEO of Moneta, commented, We are pleased to have filed the Technical Report that supports the recent mineral resource update on the Golden Highway project. The resource update resulted in a significant increase in the size of the resource expanding our current indicated resource base to 2,144,000 oz gold and inferred resources to 3,335,000 oz gold while adding a maiden underground resource at Westaway and open pit resources at Windjammer South and 55. The newly discovered Westaway/West Block deposit contains an underground resource of 662,000 oz gold inferred at a grade of 4.71 g/t Au, and the open pit resources of 1,099,000 oz gol ....

Kevin Montgomery , David Makepeace , Richardm Gowans , Christopher Jacobs , Barnard Foo , Nigel Fung , Gary Oconnor , Linda Armstrong , B Terrence Hennessey , Garyv Oconnor , National Instrument , Newsfile Corp , Moneta Porcupine Mines Inc , Micon International Ltd , Porcupine Mines , Golden Highway Project , Technical Report , Golden Highway , Windjammer South , West Block , Mineral Projects , Micon International , Destor Porcupine Fault Zone , Timmins Gold Camp , Golden Highway Gold Project , South West ,

Baystreet.ca - Generation, Hemosternix, Organic Garage at 52-week highs on News

Generation, Hemosternix, Organic Garage at 52-week highs on News
Generation Mining Limited (T.GENM) hit a new 52-week high of 82 cents on Thursday. Generation Mining has closed its previously announced non-brokered private placement through the issuance of 4,292,367 common shares of the Company issued on a flow-through basis at a price of C$0.77 per FT Share for gross proceeds of $3,305,122.59. Eric Sprott purchased 2,000,000 FT Shares of the Offering.
Hemostemix Inc. (V.HEM) hit a new 52-week high of 73 cents on Thursday. Hemostemix has closed its previously announced non-brokered private placement of units announced on December 18, 2020, for gross proceeds of $2,750,000. The Offering consisted of the issuance of an aggregate of 9,166,667 post -consolidated Units at a price of $0.30 per Unit. Each Unit consists of one post-consolidated common share in the capital of the Company and one post-consolidated common share purchase warrant, with each full Warrant en ....

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