Carlisle Goldfields (CGJ.TSXV) updated investors on two recently announced transactions involving the junior developer; one a strategic investment and joint venture with AuRico Gold and the other being an all-cash takeover proposal by London-listed Nordgold. After mulling over the request by Nordgold which would allow them to offer $0.096 per share in cash to each shareholder of Carlisle (representing a… Continue Reading

Another cashed up mid-tier producer has decided the time is right to deploy some capital into the junior sector.  This time the cashed up mid-tier is AuRico Gold (AUQ:TSX) and the junior is Carlisle Goldfields (CGJ:TSX). AuRico, who operates two gold mines in Canada and Mexico, has agreed to purchase 70.6 million shares in Carlisle at a price of… Continue Reading