NEW YORK Woulfe Mining
Corp. is offering up to Canadian $10 million ($10.02 million)
in convertible unsecured subordinated debentures as it looks to
repay short-term debt and fund general corporate purposes.
The Vancouver, British
Columbia-based miner said it has engaged Dundee Securities Ltd.
as the agent for the offering, which is subject to normal
In other news, Woulfe has
announced the appointment of Ned Goodman, president and chief
executive officer of both Dundee Corp. and Goodman Investment
Counsel Inc., to its board of directors.
Woulfes Sangdong tungsten and molybdenum project in
South Korea is expected to start up in March (
amm.com, Sept. 20).