Rare Earth Company News Directory

GeoMegA Resources Closing Final Private Placement for Anik Gold Project

GeoMegA Resources (TSXV:GMA) announced the closing of a final private placement for gross proceeds of $640,000. The placement consists of 2 million flow-through shares and 777,778 units. The proceeds will go to help cover the cost of the initial drilling campaign on the Anik gold project as well as working capital purposes.

GeoMegA Resources Begins Initial Drilling at Anik

GeoMegA Resources (TSXV:GMA) will begin a 3,000 meter drill program at its Anik gold project. The company has also closed a private placement for gross proceeds of $225,030. Proceeds from the private placement will be used for the initial drilling campaign and for working capital purposes.