Day: March 11, 2021

Etruscus Intersects Highest Copper Grades To Date At Black Dog

MotherlodeTV
C.ETR, Etruscus Resources, gold, BC

Etruscus Resources Corp. (CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the “Company” or “Etruscus”) is pleased to announce core intersections from its 2020 drill campaign that tested geophysical and geochemical anomalies in and around the company’s Black Dog deposit.  Results further demonstrate that the Black Dog VMS system, located in the Eskay Camp of B.C.’s resource-rich Golden Triangle, is much larger than previously indicated, and remains open in all directions as well as at depth. read more

NexGen Announces Closing of $150 Million Bought Deal Financing

MotherlodeTV
T.NXE, NexGen, uranium

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) is pleased to announce that it has closed its previously announced bought deal financing (the “Offering”). Pursuant to the Offering, the Company issued 33,400,000 common shares of the Company (the “Common Shares”) at a price of $4.50 per Common Share for gross proceeds of approximately $150 million. NexGen has granted the Underwriters (as defined below) a 30-day option to purchase up to an additional 5,010,000 Common Shares. read more