A summary of the Canadian markets, including the Toronto Stock Exchange and Venture Exchange.
TSX-V News: Apella Resources, Tarsis Resources and more
10th Feb 2012, 3:00 pm by Proactiveinvestors
()(OTCQX:APAFF) said late Thursday that it sold its Lac Dore Vanadium-Iron-Titanium project to its 100 percent-owned Prestige Mining unit.
Under the terms of the sale agreement, Prestige Mining will pay Apella $1.5 million in a promissory note secured by 81.7 million non-restricted common shares in Prestige Mining.
SelectCore () agreed on Friday to acquire the assets of Canadian payment processor Conquest Financial Services for $4.76 million in a move that strengthens its toehold in the payment processing business.
() said late Thursday that it has increased its previously announced private placement financing to $1.2 million from $1.0 million, as the prior offering was oversubscribed.
The mineral explorer said it increased the offering to accommodate certain investors who may be able to assist the company with “future growth plans and future financings.”
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