Archive for March, 2010

Arco Closes Final Tranche of Non-Brokered Financing

Arco Resources Corp. (TSX VENTURE:ARR) reported that the company has closed the second and final tranche of its non-brokered private placement announced on February 11, 2010 to complete the full private placement with gross proceeds totaling $1,291,500.

Iberian Reports 2009 Financial Results

Iberian Minerals Corp. (TSX VENTURE:IZN) reported financial and operating results for the year ending December 31, 2009, with comparative figures for the year ending December 31, 2008.

VMS Ventures Initiates Spring Drill Program at Snow Lake

VMS Ventures Inc. (TSX VENTURE:VMS) announced that its 100% owned Copper Project will be the focus of the Company’s next drill program, expected to begin before the end of April, 2010. As well, the Company, with the signing of the Letter of Intent (LOI) with HudBay Minerals (TSX:HBM) as announced March 4, 2010, has halted its phase 2 drill program at the Tower Zone.

Beaufield Stakes Schefferville

Beaufield Resources Inc. (TSX VENTURE:BFD) reported that the company has expanded its claim holdings, located 40 kilometres northwest of Schefferville Quebec, from an initial 139 claims to 237 claims or to 11,893 hectares.

Baja Files Base Shelf Prospectus

Baja (TSX:BAJ)(OTCQX:BAJFF) reported the filing of a preliminary short form base shelf prospectus with the Securities Commissions in each of the provinces of British Columbia, Alberta and Ontario, and a corresponding shelf registration statement on Form F-10 with the United States Securities and Exchange Commission.