Archive for March, 2010

Franconia Minerals Obtains Receipt for Final Prospectus

Franconia Minerals Corp. (TSX:FRA) reported that the company has obtained a receipt on March 11, 2010 for a final prospectus, dated March 9, 2010, qualifying the distribution of 9,400,000 common shares and 4,700,000 common share purchase warrants of the Company, issuable upon the deemed exercise of the previously issued 9,400,000 special warrants of the Company.

Franconia Minerals update

Franconia Minerals Corp. (TSX:FRA) reported that, subject to receipt of the necessary disinterested shareholder approval, the company will adjust the terms of 3,667,626 warrants issued following the brokered private placement financing that closed on April 13, 2007.

Colossus Minerals:Environmental License approved for Serra Pelada

Colossus Minerals Inc. (TSX:CSI) reported that a Preliminary Environmental License has been issued for the Serra Pelada Project held by Serra Pelada Companhia de Desenvolvimento Mineral a joint venture company controlled by Colossus and of which COOMIGASP (Cooperative de Mineração dos Garimpeiros de Serra Pelada) is the minority shareholder.

Golden Chalice Resources update

Golden Chalice Resources Inc. (TSX VENTURE:GCR) reported that the company has engaged the services of Micon International Ltd. to initiate a property of merit National Instrument 43-101 compliant report on its wholly-owned Radio Hill Iron-Ore project, the western extension of the Company’s Timmins West property.