WEXFORD Capital has acquired approximately 60.8 million common shares of Oro Mining at $0.11 per share.
The acquisition will increase Wexford’s stake to 52.73% of the issued and outstanding shares of Ora.
T.B. Mining Ventures has signed a letter of intent to purchase all the issued and outstanding securities of Sphere 3D.
It is intended that the transaction shall be completed by way of a three-cornered amalgamation of Sphere 3D, T.B. Mining and a wholly owned subsidiary of T.B. Mining to form a new company, which will be named Amalco.
Century Energy has entered into a definitive property option agreement with Pacific Iron Ore to acquire 51% of the St. Anthony Gold Mine and adjacent properties in the Kenora-Patricia Mining District of Ontario, Canada.
The agreement provides three earn-in options for Century to complete the acquisition.
Goldrich NyacAU Placer, a joint venture company between Goldrich Mining and NyacAU, has purchased a 2% royalty interest from certain Goldrich mining claims at the Chandalar property in Alaska.
Jumbo Basin Corporation sold the stake to Goldrich NyacAU for $250,000.
The merger is expected to bring value to the shareholders of Micron according to its company president Bradley Rudman.
The remaining 40% stake is held by Bixcut Holdings and controlled by Anatoly Mitroshin.