TABLE MOUNTAIN /CASSIAR
Location:
Canada, British Columbia
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Property NewsApril 17, 2012 China Minerals Mining Corp. provided an exploration update. September 24, 2009 Hawthorne Gold Corp. has arranged a non-brokered private placement consisting of up to 5,555,555 units at $0.45 per unit to raise gross proceeds of up to Can$2,500,000. Hawthorne also entered into an engagement letter with J.F. Mackie & Company Ltd. for a brokered private placement of up to 3,710,000 flow-through common shares (FT shares) of the company at a price of $0.54 per FT share for total proceeds of up to approximately Can$2,000,000. Proceeds from the non-brokered offering and the brokered offering will be used to fund the continued resource and mine development of the company’s Cassiar Gold Mine and Taurus gold deposit and for general corporate working capital. September 2, 2009 Hawthorne Gold Corp. announce that it has entered into a Resource Funding Agreement with the Kaska Dena Council on behalf of the BC Kaska in connection with the continued exploration and development of the company's Cassiar Gold Camp near Cassiar, British Columbia. Under the Agreement, Hawthorne has agreed to provide resource funding to the BC Kaska to contribute to the cost of negotiating a Traditional Knowledge Protocol (the "TK Agreement") and a detailed Socio-Economic Participation Agreement (the "SEPA"). In addition, a $10,000 donation will be made to the Kaska youth cultural preservation programs.
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