23 May 2006resource reserve update● Neutral
The company, filing under the name De Beira Goldfields Inc. (the earlier name of Panex Resources), announced a new website and arranged a private placement of 394,736 shares at US$3.80 for US$1.5 million gross. The filing says the money is to complete due diligence and acquisition of the Titiribi gold/copper project in Colombia and for general working capital.