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IMPACT Silver (TSXV:IPT) has announced that it has completed the brokered private placement announced on May 20, 2016. As quoted in the press release: The fourth tranche raised $248,765 by issue of 436,430 Units (each a “Unit”) at a price of $0.57 per Unit. In total, the Private Placement raised aggregate proceeds of $5,000,000 by the issue of 8,771,930 Units at a price of $0.57 per Unit. Each Unit consists of one common share and one-half of one warrant. Each whole warrant (each a “Warrant”) entitles the holder to purchase one common share (each a “Share”) per Warrant at a [...]

Last Friday (June 10th) the Wall Street Journal featured an article titled "Big Bet Of 2016: Buy Gold, Miners And ETFs". The key points of the article include the performance of gold miner stocks, which have increased significantly thus far in 2016, and also the net long position held by money managers, and the prospects of gold reaching $1,400 per Troy ounce. WSJ subscribers can read the article here: http://www.wsj.com/articles/the-big-bet-of-2016-joining-soros-in-gold-1465485328

Note:  Due to increased inquiries and demand, our trading desk will be open until 1900 BST today and resume trading from 0700 BST tomorrow.BREXIT Day and the UK EU referendum is upon us today and investors are expecting more choppy trading in financial markets in the coming hours. The City of London is bracing itself for potentially the most volatile night since the sterling devaluation on Black Wednesday.Gold in GBP – 5 YearsThis morning, as British voters headed to the polls, sterling hit a 2016 high versus the dollar and gold in sterling terms fell to £844 per ounce, down 10% from a [...]

TORONTO, ONTARIO–(Marketwired – June 23, 2016) - Chieftain Metals Corp. (“Chieftain” or the “Corporation“) (TSX VENTURE:CFB) announces that, subject to final TSX and shareholder approvals, the Board of Directors passed a resolution to issue 1,762,574 replacement options to purchase common shares of the Corporation to directors and management at C$0.15. The replacement options will vest over the next 2 years and expire in June 2026, according to Chieftain's Stock Option Plan. From the above total amount, 1,462,574 would be immediately issued upon such final approvals, while the issuance of the remaining options would be conditional on the increase of Chieftain's [...]

Gold fell 1.3 % in dollar terms and 3% in sterling terms today as sterling and global stocks surged as Brexit worries ease slightly.Gold in GBP – 30 DaysThe prospect of Britain leaving the EU is causing widespread jitters. 'What will it really mean?'  was examined by Emma Kennedy, the Personal Finance Editor of the  Sunday Business Post yesterday (excerpts follow):“With less than a week to go until British voters decide on the future of their country's relationship with Europe, investors and markets are very jittery indeed.In this climate, gold, a traditional safe haven for investors, has soared.Demand for gold [...]

Brixton Metals Corporation (TSXV:BBB) announced that it has closed its previously announced and over-subscribed non-brokered private placement financing. The Private Placement consisted of the sale of 6,267,283 units at a price of $0.30 per Unit and 1,272,166 flow-through shares of Brixton at a price of $0.33 per FT Share for aggregate gross proceeds of $2.3 million. The proceeds from the Private Placement will be used to fund exploration activities at the Company's Langis and Thorn properties as well as for general and administrative expenses. Connect with Brixton Metals Corporation (TSXV:BBB) to receive an Investor Presentation. The post Brixton Metals Completes $2.3 Million [...]

Gold fell again today to its lowest in a week despite continuing uncertainty about the outcome of the Brexit referendum. This is contributing to very significant high net worth and institutional demand in recent days, particularly in the UK, which is leading to “panic” and “supply issues” in the interbank gold market.Supply issues which respected gold analysts and ourselves have warned in recent years were taking place, would deepen and would ultimately lead to a reset of gold prices to much higher levels.Click chart for moreIncreasing speculation that Britain may vote to stay in the European Union and hedge fund liquidations are being [...]

Reports from the recent Long Beach Expo were that wholesale trading between dealers was moderate to strong, with the opening day of Thursday the busiest. Traditionally the summer rendition of the Long Beach show is a bit slower than the other two, largely due to the fact that dealers traditionally slow down in the Summer weeks leading up to the August ANA show. Items in demand at the show included mint state generic gold, better date silver dollars, and as always high quality type. The Heritage auction drew considerable bidding activity, with the U.S. coin lots garnering over $13 million, [...]

VANCOUVER, BC–(Marketwired – June 21, 2016) – NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Kivalliq Energy Corporation (TSX VENTURE: KIV) (“Kivalliq”) today announced plans for summer exploration at the Company's Angilak Property in Nunavut Territory and a non-brokered private placement financing to raise gross proceeds of CDN$400,000, to fund mineral exploration at Kivalliq's wholly-owned properties in Canada. “We are excited to kick-off the first program designed to determine the scope and setting of exceptional gold, silver and PGM results reported from the Yat area since 2007,” stated Jeff Ward, Kivalliq's President. “Prospecting [...]

Gold fell again today despite very robust physical demand in western markets and especially the UK. Gold fell to a ten-day low as the recent global share rally showed signs of exhaustion.Expectations that Britain could vote to leave the European Union in Thursday's referendum have receded somewhat but remain and this is leading to very significant UK gold demand.Over the last 5 days, we have had record demand from both Irish and UK retail and high net worth clients acquiring bullion in advance of the important poll. Other bullion dealers in the UK and indeed mints are reporting similar surging demand.The Royal [...]