trending Market Intelligence /marketintelligence/en/news-insights/trending/9x_ht6urtxdbvji0hvcpra2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

White Gold raising C$15M, closes Independence Gold asset deal

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report Outlooks of Lithium and Cobalt

Essential Metals & Mining Insights July 2020


White Gold raising C$15M, closes Independence Gold asset deal

White Gold Corp. entered into an agreement with Clarus Securities Inc. for a bought-deal offering targeting gross proceeds of C$15 million, with closing anticipated around Nov. 8.

The offering will comprise 3,333,333 common shares at C$1.50 apiece and 5 million flow-through shares at C$2 apiece, according to an Oct. 16 release.

Shareholders Agnico Eagle Mines Ltd. and Kinross Gold Corp. indicated they will maintain their respective approximate 19.6% interests in the company by participating in the offering.

The company will use the flow-through proceeds for exploration in the White Gold district in Canada's Yukon Territory by the end of 2019, including its flagship White Gold property. Proceeds from the common shares are earmarked for general corporate expenses.

White Gold also said it completed the acquisition of the Henderson, Birdman, Flow and Work Creek properties in the White Gold district from Independence Gold Corp.

In early September, the company outlined a new gold discovery at White Gold, with the discovery drillhole returning 20.64 g/t of gold over 6.10 meters from a depth of 83.82 meters.