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Monthly Archives: December 2009

New Concept Energy Inc. (GBR) Finds an Odd Mix Brings Stability

In past posts, the need for a diversified portfolio has been discussed. The same need for diversification of a company’s product base was not. Common business wisdom preaches focusing on what a company does well and do more of it. … Continue reading

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Houston American Energy Corp. (HUSA) Set To Raise Equity Capital

Houston American Energy Corp. reported today that it reached an agreement to sell three million shares of common stock to a group of institutional investors at a price of $4.68 per share. The company estimates it would receive $14 million … Continue reading

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Taseko Mines Ltd. (TGB) to Receive $180 Million to Form Joint Venture for 25% of Gibraltar Mine

Taseko Mines Ltd. is a British Columbia-based mining company. The company’s main assets are its Gibraltar copper-molybdenum mine, the Prosperity gold-copper project, the Harmony gold project and the early stage Aley niobium project. The company announced yesterday that it had … Continue reading

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Monarch Financial Holdings, Inc. (MNRK) Prices Preferred Stock Issue

Monarch Financial Holdings, Inc. priced an offering of 700,000 shares of noncumulative convertible perpetual preferred stock at a price of $25.00 per share. The company estimates its gross proceeds at $17.5 million. The noncumulative convertible perpetual preferred stock has a … Continue reading

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