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Tuesday, August 31, 2010

Mining Top News

Dianor Resources Inc. announce that it has entered into a Credit Agreement dated August 28, 2010 with Third Eye Capital Corporation, as administrative agent, and a syndicate of lenders, pursuant to which the lenders have committed to provide up to $10 million in a term-credit facility to Dianor, subject to various terms and conditions.

Canadian Mining announces it has granted an extension on the Option to Purchase to Heemskirk Canada Limited on the Company's Bromley Creek zeolite mine. The maturity date of the Agreement is June 30, 2015. As activity increases in the Alberta oil patch and other zeolite markets open up the demand for the Company's Bromley Creek zeolite

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