Sphere Resources Inc (OTCMKTS:SPHUF) Confirms Strategy and Upgrades Efforts to Identify Existing Gold And Silver Resources In Nevada, USA
Sphere Resources Inc and its 51.6% subsidiary Spartan Gold Ltd.("Spartan") (OTCBB:SPAG) collectively (the "Sphere Group") have substantial holdings in some of the most prolific, high-grade gold regions of the world.
Sphere Resources Inc. (OTCMKTS:SPHUF) Progress on Its Announcement of the US$10.0 Million Secured Corporate Long Term Debt
The Company would like to update its shareholders to the previously announced news release dated July 2, 2013 offering of up to US$10.0 million of a five year senior secured debt instrument through a private placement.
Spartan Gold (OTCMKTS:SPAG) Exploration On Its Poker Flats Property Adjacent To Gold Standard Ventures Railroad Property, Nevada.
The Company believes the Railroad Fault system passes directly through the Poker Flats gold property, and is interpreted to comprise at least 3 sub-parallel fault strands, 1100 to 1750 metres in length adjacent to Sphere/Spartan's property blocks. Gold Standard Ventures Corp ("Gold Standard") has drilled several holes along these different faults, to the west of the Poker Flats property.
Spartan Gold Ltd (OTCBB:SPAG) Announces Controlling Shareholder Sphere Resources Inc Signs Engagement Agreement with Wedgewood Investment Group LLC to Advise On A Proposed $10.0 Million Secured Corporate Long Term Debt Offering
The Company announces the signing of an Engagement Agreement with Wedgewood Investment Group LLC ("WIG") for the offering of up to $10.0 million of five year senior secured debt instrument through a private placement being marketed to private clients in the Americas, Europe and Asia. WIG of New York is advising the Company on this placement.
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