|Bid||0.220 x 0|
|Ask||0.250 x 0|
|Day's Range||0.255 - 0.255|
|52 Week Range||0.140 - 0.490|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
VANCOUVER , May 17, 2018 /CNW/ - David H. Brett , President & CEO, EnGold Mines Ltd., (TSX-V: EGM, "EnGold" or the "Company") reports that the Company has closed the first tranche of its brokered private placement with Canaccord Genuity Corp. (the "Agent") acting as agent (refer to News Releases dated April 16, 2018 and May 1, 2018 ). The Company has issued 2,429,667 Flow-Through Units at $0.30 per Flow-Through Unit for gross proceeds of $728,900.10 , and 193,000 Common Units at $0.26 per Common Unit for gross proceeds of $50,180.00 .
EnGold Adds to Lac La Hache Resources with Maiden Aurizon Inferred Resource Estimate, Metallurgical Results Encouraging
Canada was deploying military aircraft and Australia was sending 50 firefighters to battle rapidly spreading wildfires in British Columbia that have forced 39,000 people from their homes, federal Public Safety Minister Ralph Goodale said on Monday. Goodale told reporters the western Canadian province had made two requests of the federal government for military assistance to fight the fires, which he said were expected to worsen. British Columbia chief fire information officer Kevin Skrepnek said in a conference call the Australians were due to arrive on Wednesday.
Major pipeline companies in western Canada created fire breaks, installed sprinklers and took other measures to protect operations as raging wildfires spread to more than 38,000 hectares (93,000 acres) in British Columbia. Enbridge Inc has taken a natural gas compressor station offline but it said on Wednesday that there had been no significant reduction in volumes shipped. The fires have disrupted timber and mining operations, damaged a regional electric utility and forced more than 14,000 people from their homes in the interior of the province.
Rapidly spreading wildfires in British Columbia are set to tighten the supply of wood products and raise prices as they disrupt timber operations during the year's peak building season, analysts said on Tuesday. Forestry products are a significant driver of the economy of British Columbia, which bills itself as the world's biggest exporter of softwood lumber, a product targeted by new U.S. tariffs in April as a trade dispute escalated. Wood prices can rise as high as 6 percent if operations remain shut for weeks but the higher cost, a small part of construction budgets, will be absorbed by builders and is unlikely to affect home buyers, Bank of Montreal analyst Ketan Mamtora said in an interview.
Rapidly spreading wildfires in Western Canada's British Columbia on Monday disrupted timber and mining operations, damaged equipment at a regional electric utility and forced thousands from homes in the interior of the province. West Fraser Timber Co said it had temporarily suspended operations at 100 Mile House, Williams Lake and Chasm.
Rapidly spreading wildfires in British Columbia disrupted operations at two mining companies and damaged public utilities on Monday as 14,000 people were forced from their homes in the interior of the Western Canadian province. No deaths or serious injuries have been reported but Vancouver-based EnGold Mines Ltd said it had suspended exploration in British Columbia, home to all of its operations. Imperial Metals Corp said activity at its Mount Polley copper mine was "significantly reduced" because some employees were evacuated from their homes, many roads had been closed and a local airport had been shut down.