Hot Penny Stocks

Romios Gold Resources Inc. announced that it placed 2,000,000 units on a flow-through basis (the “FT Units”) priced at $0.15 per FT Unit for gross proceeds of $300,000. Each FT Unit consists of one (1) flow-through common share (the &#8220…

Dianor Resources Inc. announce that it has entered into a Credit Agreement dated August 28, 2010 with Third Eye Capital Corporation, as administrative agent, and a syndicate of lenders, pursuant to which the lenders have committed to provide up to $10…

Strategic Mining Corp. announced that it has filed the amendment (10a) to the Form 10 that includes first quarter financials on August 9, 2010. The filing of the Form 10a immediately moves the company to the OTCQB tier with current status. The company…

The bull market in gold is a long way from losing both arms and legs just yet…
WHATEVER FORCE you spy behind this week’s swoon in gold prices to $1160 per ounce and lower, ’tis but a scratch – a flesh wound – so far.
“I’ve had worse!” as Monty Python’s Black Knight says.

First, the current options [...]

Vantex Resources Ltd. announces that it will increase the previously announced $1,700,000 financing, to a maximum of $2,100,000 due to increased investor demand.
Vantex has therefore entered into an amended agreement with Jones, Gable & Company L…

Nuukfjord Gold Ltd. announce that it has retained the services of First Canadian Capital Corp. (“First Canadian”), a Toronto based investor relations service provider, to act as a marketing and investor relations consultant for the Company…

Ventana Gold Corp. announce that 63X Master Fund (“63X”), its largest shareholder, has acquired ownership and control of an additional 1.1 million common shares of Ventana through the facilities of the Toronto Stock Exchange, bringing its …

Northrock Resources Inc. has arranged a non-brokered private placement of up to 6,000,000 units (the “Units”) at a price of $0.05 per unit for aggregate proceeds of up to $300,000 and up to 10,000,000 flow through units (the “FT Unit…

Guinness Exploration Inc. announced it has completed a second unit offering private placement which raised U.S. $500,000 to be used toward exploration of the Nantawa Project.
Guinness President and CEO Alastair Brown commented, “As evidenced by this second successful private placement, the Nantawa Project is gaining momentum and drawing good interest from investors. We’re looking forward [...]

Pershimco Resources Inc. announces its intent to realize a brokered arm’s length private placement for subscriptions amounting to a minimum of Cdn$1,000,000 and a maximum of Cdn$2,000,000 for a subscription price of $0.17 per unit, subject to the approval of the TSX Venture Exchange and regulatory authorities.
Each unit will consist of one Class “A” common [...]