Mourad Haroutunian is a Toronto-based financial news reporter covering Canadian and U.S. equities. Prior to joining Proactive Investors, Mourad worked for Bloomberg News as a speed-desk reporter based in the Kingdom of Saudi Arabia. An internationally trained media professional with twenty-year experience, Mourad has worked as an output producer in the newsrooms of Alhurra TV in Washington D.C., Dubai Business Channel and CNBC Arabiya in Dubai, U.A.E., and Nile TV International in Cairo, Egypt. Mourad holds a master’s degree in journalism and mass communication from the American University in Cairo.
The principal use of the proceeds will be to fund a settlement agreement with Fontem Ventures.
The additional investment will accelerate the Canadian company’s work toward completion of the Elk Creek feasibility study.
The Canadian mineral exploration company completes transactions and grants stock options.
The U.S. central bank raised its key federal funds rate to 0.25%, up from at or near zero percent.
Golden Mile holds an exclusive operator license for systems to be used in Canada for the purpose of processing commercial and private waste.
SFX said last week that it may file for bankruptcy to deal with its continuing debt troubles.
The purchase price is payable in cash in U.S. dollars on the expected closing date of January 26.
The second-largest Mexican fast food chain provides 2016 outlook in line with market estimates.