Archive for April, 2010

Matamec Fully Reimburses its $1,396,000 Debt

Matamec Explorations Inc. (TSX VENTURE:MAT) reported that the company has fully repaid its unsecured and non-convertible debenture in the amount of $1,298,405 renegotiated September 17th, 2009 and expiring August 31st, 2010, and the accrued interest of $97,612 for a total sum $1,396,017.

Lithium Investors to Receive Good Karma

A lithium-ion battery from A123 Systems (NAS:AAONE) will power the world’s first premium plug-in hybrid electric vehicle (PHEV), the Fisker Karma. The Karma will begin a two-month program that will stop in three Canadian provinces and 26 US states targeting 42 cities.

JOURDAN Acquires Claims Contiguous to Pivert Lithium-Rubidium Property

JOURDAN RESOURCES INC. (TSX VENTURE:JRN) reported the acquisition of 57 claims totalling 3,024 hectares for 30.24 km2, adding to the 37 claims recently acquired by the Company known as the Pivert-East Property in the Eastmain Greenstone Belt (NTS Map-Sheet 33C/01) within the James Bay Mining District of Quebec, located due south of the community of La Grande .

Rodinia Minerals Closes First Tranche of Private Placement Financing

Rodinia Minerals Inc. (TSX VENTURE: RM)(OTCQX: RDNAF) reported that the company has completed the first tranche of its previously announced non-brokered private placement financing of common shares of the Company (See Press Release dated April 9, 2010) for gross proceeds in the amount of $1,500,000, through the issuance of 3,000,000 Common Shares at a price of $0.50 per Common Share.