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Proactive news snapshot - Cadence Minerals, Gfinity, Tlou Energy …
A glance at some of the day's highlights from the Proactive Investors newswire
Company
Wishbone Gold PLC
LON:WSBN
Wishbone Gold PLC has three major exploration properties in Australia and three minor prospects. Two of these are located in the Pilbara region of Western Australia and the third is in the Mingela-Charters Towers region in Queensland. The company’s flagship project is Red Setter located approximately 13km south west of Newcrest’s Telfer operations. Red Setter is a Havieron/Telfer style gold prospect. Cottlesloe, 35km south east of Red Setter, has deposits visible at surface of silver and lead: metals which are essential for battery and electric car production. In Queensland the Wishbone II project has almost doubled with the addition of Wishbone VI. Simon Beams of Terra Search believes this area could host a Ravenswood style deposit similar to the Ravenswood mine to the south east.
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Investments and investor services
FTSE 100 pares losses to close modestly lower
The FTSE 100 traded in a narrow band all day, finishing 5 points lower at 7,319
Wishbone Gold agrees new institutional funding deals
“This is the first stage in an overall funding relationship with RiverFort that can lead to the funding of new deals at the project level,” said Richard Poulden, Wishbone chairman.
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Wishbone has supply agreements with miners based in Peru, Ghana, Chile and Colombia.
Archive
Proactive news highlights: featuring Corero Network Security, Redx Pharma, Faron Pharmaceuticals and more…
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The gold market remains extremely strong in volume terms, it said
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A look at some of the significant news stories of the day form the small cap world
Wishbone Gold raises £400,000 for further investment
Chief executive Richard Poulden, said: "We are raising this funding to use for general working capital purposes and specifically for investment."
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Daily round up of headlines from the Proactive news desk.
Wishbone Gold on track to meet shipping targets
"Currently we are shipping gold from Ghana and Peru. We are on track to meet our year end target of shipping 100 kilos per week," it said.
Wishbone Gold buoyed by increased gold price
The group announced the paper acquisition of Precious Metals International (PMI) In February
Miners drive the Footsie higher
it was a bad day for sterling, but a good day for equities, especially mining shares
FTSE 100 Index builds on gains as pound drops
The FTSE 100 Index rose 62 points to 6271 in lunchtime trading in London
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A selection major news driven risers and fallers on Monday, June 6
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The FTSE 100 Index rose 47 points to 6257 in early trading in London
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Wishbone can draw on the facility in multiples of US$100,000 at any time up to June 6, 2018 and it can be repaid at any time.
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UK shares finished higher on Wednesday as traders eye the Fed decision...
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London markets recovered from a lacklustre start and were pushing on
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Wishbone Gold shareholders got lucky as the company revealed it is in debt funding talks
Market gains silver lining as precious metals twinkle
Silver prices hit a 10-month high and gold stocks glittered
Wishbone Gold goes for cash flow from Dubai trading
Exploration upside will be supported by cashflow in future says chairman
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Mining highlights: W Resources, Bushveld, Hummingbird, North River, Wishbone, Xtract & more
Here’s the news highlights from the mining sector this past week.
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Footsie closes lower after US jobs report
FTSE100 closed 50 points down as traders were put off equities....
Wishbone Gold shares advance on acquisition news
Shares in Wishbone Gold rose after it announced the paper acquisition of Precious Metals International (PMI)...
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FTSE 100 bounces back, with blue-chips leading the way
Unusually, the majority of the big gains today were to be found among the FTSE 350 - especially the FTSE 100
FTSE100 on the up as sentiment improves
FTSE100 was buoyed by retail stocks at lunch and investor sentiment seemed to be improving as the index climbed 1.6% higher.
Most followed: Christmas trading winners & losers
Christmas trading updates from the retailers come thick and fast. In the US, Detroit will be showcasing lots of horseless carriages, while investors can't get enough of Wishbone Gold.
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Investments and investor services
Footsie falls but Laird sparks investor interest
Electronics group sparked up on potential interest from US rival
Investments and investor services
Risers & Fallers: Wishbone Gold, Satellite Solutions Worldwide, Octagonal and more
Precious metal explorer Wishbone said it was in talks to buy a "complementary business"
Risers & Fallers: Xaar, Aldermore, Standard Chartered, HSS Hire, OneSavings and more...
Below are the main news-driven share price movements at 4pm.
Wishbone Gold raises £250,000 in share placing
"It is great to have the support of the City," said chairman Richard Poulden
Wishbone Gold continues hunt for acquisitions
Australia focused precious metals firm Wishbone Gold said it continues on the hunt for suitable acquisitions, while continuing exploration. The group posted full year 2014 results today, which showed a pre-tax loss of $2.6mln compared to a