Chart usGOLD   Chart usSILVER  
 
Food for thought
In times of change, learners inherit the Earth, while the learned find themselves beautifully equipped to deal with a world that no longer exists.
Eric Hoffer  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1290.897.28
Silver 19.670.23
Platinum 1410.3010.80
Palladium 796.4013.15
WORLD MARKETS
DOWJONES 16492-11
NASDAQ 414417
NIKKEI 14405-141
ASX 551613
CAC 40 448028
DAX 95494
HUI 224-4
XAU 92-1
CURRENCIES (€)
AUS $ 1.4933
CAN $ 1.5246
US $ 1.3827
GBP (£) 0.8230
Sw Fr 1.2195
YEN 141.5300
CURRENCIES ($)
AUS $ 1.0801
CAN $ 1.1026
Euro 0.7232
GBP (£) 0.5953
Sw Fr 0.8820
YEN 102.3590
RATIOS & INDEXES
Gold / Silver65.63
Gold / Oil12.66
Dowjones / Gold12.78
COMMODITIES
Copper 3.100.05
WTI Oil 101.940.50
Nat. Gas 4.73-0.02
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category
Tyhee Announces Non-Brokered Unit Private Placement
Published : May 02, 2013
( 0 vote, 0/5 ) Print article
     
Tweet
Keywords :   Aura Minerals | Gold | Reliance |

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 2, 2013) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR TO UNITED STATES NEWSWIRE SERVICES.

Tyhee Gold Corp. (News - Market indicators) (the "Company") is pleased to announce that it will proceed with a non-brokered private placement of ten units of the Company (the "Units") at $240,000 per Unit. Each Unit will be comprised of 4,000,000 common shares of the Company and 4,000,000 transferable common share purchase warrants of the Company (the "Warrants"). Each Warrant will entitle the holder to purchase a further common share in the Company (the "Warrant Shares") at a price of $0.10 per Warrant Share within 24 months of closing. All securities sold in this private placement will be subject to a 4-month hold period from closing. The private placement is subject to the approval of the TSX Venture Exchange (the "Exchange").

The Company may pay a finder's fee on the private placement within the maximum amount permitted by the policies of the Exchange. The Company may complete multiple closings of the private placement, as subscriptions are received. Each closing is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals.

The funds will be used to advance Tyhee's Yellowknife Gold Project ("YGP"), an advanced stage wholly-owned gold project in the development and permitting stage, as well as for general corporate purposes. Please refer to the Company's news release of August 15, 2012 in respect of the Company's announcement of a positive feasibility study of the YGP prepared by SRK Consulting. This study estimated that, at a base-case gold price of US$1,400 per ounce and a projected 4,000 tonnes-per-day processing plant comprised of a conventional gravity-flotation-cyanide process and incorporating open-pit and underground mining methods on the Ormsby, Bruce Lake, Clan Lake and Nicholas Lake deposits, the YGP is estimated to return a pre-tax net present value at a 5% discount rate of approximately $216 million and an internal rate of return of 20% based on initial estimated capital cost of $193 million (including a 10% contingency).

All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, including statements regarding the closing of the non-brokered financing, the proposed use of funds, expectation of multiple closings of the private placement, and the results of the feasibility study on the Yellowknife Gold Project, are "forward-looking statements". Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Forward-looking statements are not guarantees of future performance, and actual results and future events could materially differ from those anticipated in such statements. Factors that may cause actual results to vary from those made in the forward looking statements described in this document include: timing of completion of financing necessary to bring the project into production; changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; delays in obtaining approvals, litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; delays in completion of work necessary to develop the Yellowknife Gold Project, whether as a result of adverse weather conditions, contract or labour disputes, equipment failure, or response to regulatory enquiries in respect of permit applications; technological and operational difficulties encountered in connection with the activities of the company. This list is not exhaustive of the factors that may affect the forward looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the companies' forward-looking information. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, events or otherwise, except in accordance with applicable securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

GT Investor Relations Inc.
Greg Taylor
905 337-7673 or C: 416 605-5120
gtaylor@tyhee.com
or
Tyhee Gold Corp.
Brian Briggs
President
604 681-2877
info@tyhee.com
Tweet

Tyhee Development Corp

EXPLORATION STAGE
CODE : TDC.V
ISIN : CA9021661074
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Email Alert Add to Watchlist Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy
Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of Tyhee Development Corp
8/30/2010Tyhee Development Corp: Gold Zone Expansion Continues at Cla...
6/15/2010Reports Final Drill Results from its Spring Drill Program,.....
4/19/2010provides Pre-feasibility Guidance and Exploration Update on ...
Annual reports of Tyhee Development Corp
Annual Report 2007
Annual Report 2006
Financings of Tyhee Development Corp
10/28/2013Announces the Completion of One Non-Brokered Unit Private Pl...
8/14/2013Announces Non-Brokered Unit Private Placement
7/19/2013Announces Completion of Non-Brokered Unit Private Placement
5/2/2013Announces Non-Brokered Unit Private Placement
3/14/2013Announces Completion of Non-Brokered Unit Private Placement
12/27/2012Announces Non-Brokered Unit Private Placement
11/1/2012Announces Final Closing of Non-Brokered Unit Private Placeme...
10/10/2012Announces Further Closing of Non-Brokered Private Placement
9/7/2012Announces Initial Closing of Non-Brokered Private Placement
11/16/2010TYHEE ANNOUNCES FINAL CLOSING OF PRIVATE PLACEMENT
10/26/2010INCREASES PRIVATE PLACEMENT TO $6.5 MILLION AND REVISES TER...
11/1/2010INITIAL CLOSING OF $4.76 MILLION OF THE PRIVATE PLACEMENT
9/21/2010TYHEE ANNOUNCES PRIVATE PLACEMENT
12/14/2009Initial Closing of Private Placement of Flow Through Shares
4/20/2009Private placement to finance preliminary feasibility stuidy ...
1/5/2009Closing of flow through Private Placement
12/30/2008aANNOUNCES FLOW THROUGH PRIVATE PLACEMENT
12/14/2007ANNOUNCES CLOSING OF $7.5 MILLION PRIVATE PLACEMENT
Option Grants of Tyhee Development Corp
7/22/2008GRANTS INCENTIVE STOCK OPTIONS
12/14/2007GRANTS INCENTIVE STOCK OPTIONS
Project news of Tyhee Development Corp
6/27/2011(Yellowknife Gold Project)STARTS FEASIBILITY STUDY ON ITS WHOLLY-OWNED YELLOWKNIFE GOL...
5/30/2011(Yellowknife (discovery Mine))Tyhee Gold Corp News Release - May 30, 2011
3/24/2011(Yellowknife Gold Project)DRILLS 8.2 METRES OF 12.46 GRAMS OF GOLD PER TONNE AT THE YE...
3/10/2011(Yellowknife Gold Project)EXPANDS THE SPUD AND MAIN ZONES AT CLAN LAKE, YELLOWKNIFE GO...
11/29/2010(Clan Lake)DIAMOND DRILLING HAS COMMENCED AT CLAN LAKE
8/11/2010(Yellowknife (discovery Mine))Discovers Two New Gold Zones on Yellowknife
7/27/2010(Yellowknife (discovery Mine))Reports Positive Preliminary Feasibility Study
7/6/2010Reports Receipt of Preliminary Feasibility Study
6/15/2010(Yellowknife (discovery Mine))Reports Final Drill Results from its Spring Drill Program
5/31/2010(Clan Lake)Reports Start-up of Summer Drill Program at Clan Lake
5/19/2010(Clan Lake)Reports a 200 Metre Extension of Gold Mineralization on the ...
3/16/2010(Clan Lake)Favourable results from initial stage of diamond drill progr...
2/4/2010(Clan Lake)Diamond Drilling Has Commenced
12/23/2009(Yellowknife Gold Project)NI 43-101 Report on Gold Resource
10/27/2009(Clan Lake)Obtains High Grade Gold on Strike With the Main Zone
4/15/2009(Clan Lake) Receives additional assays from Clan Lake Property, Yellowk...
3/16/2009(Clan Lake)initial results from 2009 program
2/25/2009(Yellowknife (discovery Mine))UPDATE ON THE YELLOWKNIFE GOLD PROJECT
1/22/2009(Yellowknife Gold Project)INCREASES YELLOWKNIFE GOLD PROJECT INDICATED AND INFERRED GO...
10/29/2008(Yellowknife (discovery Mine)) REPORTS 25% INCREASE IN THE MEASURED AND INDICATED GOLD RES...
7/18/2008(Yellowknife (discovery Mine))receives preliminary assessment demonstrating positive econo...
7/9/2008(Yellowknife (discovery Mine))ADDS SIGNIFICANT GOLD INTERSECTIONS
5/13/2008(Yellowknife Gold Project) intersects broad zones of gold mineralization
7/20/2008(Yellowknife (discovery Mine))2008 Technical report
4/29/2008(Yellowknife Gold Project)EXTENDS MINERALIZATION IN WK SHEAR ZONE ON BIGSKY PROPERTY, ...
4/3/2008(Yellowknife (discovery Mine))REPORTS 27% INCREASE IN THE MEASURED INDICATED GOLD RESOURCE...
3/6/2008(Goodwin Lake)DISCOVERS NEW GOLD ZONE AT GOODWIN LAKE.
2/4/2008(Yellowknife (discovery Mine))REPORTS THREE OF FIRST FOUR DRILLHOLES INTERSECT GOLD-BEARIN...
1/29/2008(Yellowknife Gold Project)Reports additional Ormsby and Bruce Lake Zone diamond drill ...
12/19/2007(Yellowknife (discovery Mine))REPORTS ADDITIONAL NICHOLAS LAK DIAMOND DRILL RESULTS
12/21/2006(Yellowknife Gold Project)increases total gold resource
12/11/2006(Yellowknife Gold Project)announces expansion of Ormsby Zone into new geological envir...
Corporate news of Tyhee Development Corp
2/14/2014Tyhee Gold Corp News Release of February 14, 2014
2/13/2014Tyhee Gold Corp News Release of February 13, 2014
1/24/2014Tyhee Gold Corp News Release of January 23, 2014
1/10/2014Tyhee Gold Corp News Release of January 10, 2014
11/26/2013Tyhee Gold Corp News Release of November 26, 2013
11/14/2013Tyhee Gold Corp News Release of November 14, 2013
10/29/2013Tyhee Gold Corp News Release of October 28, 2013
8/29/2013Tyhee Gold Corp News Release of Aug 28, 2013
8/28/2013Announces Debt Settlement Transaction
8/15/2013Tyhee Gold Corp News Release of Aug 14, 2013
7/20/2013Tyhee Gold Corp News Release of July 19, 2013
6/11/2013Tyhee Gold Corp News Release of June 10, 2013
6/6/2013Tyhee Gold Corp News Release of June 6, 2013
6/6/2013Grants Incentive Stock Options
5/28/2013Tyhee Gold Corp News Release of May 28, 2013
5/28/2013Gold Corp.-President's Report
5/14/2013Tyhee Gold Corp News Release of May 14, 2013
5/14/2013Gold Corp. Reports Annual General Meeting Results
5/2/2013Tyhee Gold Corp News Release of May 02, 2013
3/21/2013Tyhee Gold Corp News Release of March 21, 2013
3/21/2013Names Richard B. Evans to Slate of Board Nominees for Upcomi...
3/14/2013Tyhee Gold Corp News Release of March 14, 2013
2/1/2013Grants Incentive Stock Options
1/25/2013Awards Final Engineering Contract and Initiates Peer Review ...
1/14/2013Tyhee Gold Corp - News Release - January 14, 2013
1/14/2013Clarifies Technical Disclosure
1/14/2013Clarifies Technical Disclosure
12/28/2012Tyhee Gold Corp. - News Release - December 27, 2012
12/17/2012Tyhee Gold Corp - News Release of December 17, 2012
12/17/2012Amends Royalty Agreement; Thanks Dr. Dave Webb for Long Serv...
12/17/2012Amends Royalty Agreement; Thanks Dr. Dave Webb for Long Serv...
11/1/2012Tyhee Gold Corp - News Release of November 1, 2012
10/15/2012Tyhee Gold Corp - News Release of October 15, 2012
10/15/2012Notes Final Results From 2012 Big Sky Geological Reconnaissa...
10/10/2012Tyhee Gold Corp - News Release of October 10, 2012
10/2/2012Tyhee Gold Corp - News Release of October 1, 2012
10/2/2012(Yellowknife Gold Project)Gold Files Technical Report Entitled "NI 43-101 Technical Re...
9/18/2012Tyhee Gold Corp - News Release of September 18, 2012
9/18/2012Reports First Results From JV Partner Williams Creek's Geolo...
9/7/2012Tyhee Gold News Release of September 7, 2012
9/4/2012Tyhee Gold Corp - News Release of September 4, 2012
8/15/2012Tyhee Gold Corp - News Release of August 15, 2012
8/2/2012Tyhee Gold Corp - News Release of August 2, 2012
7/9/2012Tyhee Gold Corp - News Release of July 9, 2012
6/25/2012Tyhee Gold Corp - News Release of June 25, 2012
6/8/2012Tyhee Gold Corp News Release of June 8, 2012
5/31/2012Tyhee Gold Corp - News Release of May 31, 2012
5/24/2012Tyhee Gold Corp - News Release of May 24, 2012
4/18/2012Tyhee Gold Corp - News Release of April 17, 2012
4/3/2012Tyhee Gold Corp - News Release of April 2, 2012
3/29/2012Tyhee Gold Corp - News Release of March 29, 2012
3/1/2012Tyhee Gold Corp - News Release of March 1, 2012
3/1/2012Tyhee Gold Corp - News Release of March 1, 2012
2/13/2012Tyhee Gold Corp - News Release of February 13, 2012
2/13/2012Tyhee Gold Corp - News Release of February 13, 2012
1/17/2012Tyhee Gold Corp - News Release of January 17, 2012
1/17/2012Tyhee Gold Corp - News Release of January 17, 2012
1/16/2012Tyhee Gold Corp - News Release of January 16, 2012
1/16/2012Tyhee Gold Corp - News Release of January 16, 2012
12/19/2011Tyhee Gold Corp - News Release of December 19, 2011
12/19/2011Tyhee Gold Corp - News Release of December 19, 2011
12/16/2011Tyhee Gold Corp - News Release of Dec 16, 2011
12/16/2011Tyhee Gold Corp - News Release of Dec 16, 2011
11/28/2011Tyhee Gold Corp - News Release of November 28, 2011
11/28/2011Tyhee Gold Corp - News Release of November 28, 2011
10/20/2011Tyhee Gold Corp - News Release of October 20, 2011
10/20/2011Tyhee Gold Corp - News Release of October 20, 2011
10/3/2011Tyhee Gold Corp News Release of October 3, 2011
10/3/2011Tyhee Gold Corp News Release of October 3, 2011
8/19/2011Tyhee Gold Corp News Release of Aug. 19, 2011
8/19/2011Tyhee Gold Corp News Release of Aug. 19, 2011
8/3/2011Tyhee Gold Corp News Release of August 3, 2011
8/3/2011Tyhee Gold Corp News Release of August 3, 2011
7/29/2011Tyhee Gold Corp News Release of July 29, 2011
7/29/2011Tyhee Gold Corp News Release of July 29, 2011
7/29/2011Tyhee Gold Corp News Release of July 28, 2011
7/29/2011Tyhee Gold Corp News Release of July 28, 2011
7/21/2011Tyhee Gold Corp News Release - July 21, 2011
7/21/2011Tyhee Gold Corp News Release - July 21, 2011
7/11/2011Tyhee Gold Corp News Release - July 11, 2011
7/11/2011Tyhee Gold Corp News Release - July 11, 2011
6/27/2011Tyhee Gold Corp News Release - June 27, 2011
6/27/2011Tyhee Gold Corp News Release - June 27, 2011
6/6/2011Tyhee Gold Corp News Release of June 2, 2011
5/24/2011Tyhee Gold Corp News Release - May 24, 2011
5/17/2011Tyhee Gold Corp News Release - May 17, 2011
5/11/2011Tyhee Gold Corp News Release - May 11, 2011
4/21/2011Tyhee Gold Corp News Release - April 21, 2011
3/24/2011Tyhee Gold Corp News Release - March 24, 2011
3/10/2011Tyhee Gold Corp News Release - March 10, 2011
8/30/2010Gold Zone Expansion Continues at Clan Lake on Yellowknife Go...
5/8/2009Receives approval of all resolutions at its Annual General M...
4/1/2009Adopts Shareholder rights plan
12/11/2008ANNOUNCES ADDITIONAL DIAMOND DRILLHOLE RESULTS
11/17/2008TYHEE ANNOUNCES ADDITIONAL DIAMOND DRILLHOLE RESULTS FROM GO...
9/3/2008FILES PRELIMINARY ASSESSMENT ON SEDAR
8/12/2008reports positive results from completed drilling programs on...
6/11/2008ACQUIRES ORO LAKE MINING LEASES EXTENDING BIGSKY PROPERTY
2/26/2008UPDATES YELLOWKNIFE GOLD PROJECT
1/17/2008 REPORTS ORMSBY ZONE DIAMOND DRILL RESULTS...
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (TDC.V)Other OTC (TYHJF)
0.070+0.00%0.070+0.00%
TSX-V
CA$ 0.070
04/24 14:38 -
0%
Prev close Open
0.070 0.070
Low High
0.065 0.075
Year l/h YTD var.
0.070 -  0.120 -36.36%
52 week l/h 52 week var.
0.060 -  0.120 -%
Volume 1 month var.
411,300 -36.36%
24hGold TrendPower© : -44
Produces
Develops
Explores for Gold
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
TOP NEWSRELEASES
Annual variation
DateVariationHighLow
2014-30.00%0.120.09
201366.67%0.100.04
2012-40.00%0.120.04
2011-37.50%0.200.08
2010-27.27%0.290.07
 
5 years chart
 
3 months chart
 
3 months volume chart