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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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Pacific Ridge Exploration Ltd.: Pacific Ridge Announces Redton Drill Results and Provides Exploration Update


Pacific Ridge Exploration Ltd.: Pacific Ridge Announces Redton Drill Results and Provides Exploration Update
Vancouver, British Columbia (Newsfile Corp. - December 11, 2020) - Pacific Ridge Exploration Ltd. (TSXV: PEX) ( Pacific Ridge or the Company ) reports on results of a single diamond drill hole, RTN-20-01, located 2.5km north of the Kwanika Central Zone at the road accessible Redton North target. The drill hole tested a 550 m by 250 m magnetic and IP chargeability anomaly and coincident copper-molybdenum soil anomaly located 2.5 km north of Serengeti Resources Inc. s ( Serengeti ) Kwanika Central Zone deposit
1. The drill hole encountered a magnetite-bearing mafic intrusive with a minor amount of quartz, potassium feldspar, chlorite, calcite, gypsum and epidote veining, moderate to strong chlorite alteration and local serpentinization. No significant copper or gold assays were encountered. The ubiquitous presence of magnetite as well as strong magnetic susceptibil ....

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