Month: March 2011

SilverCrest Mines (SVL.V) went up by 4% to $1.98 after announcing that it has completed 13 core holes of a planned Phase I, 22 hole program at its newly acquired La Joya Property which is located approximately 75 kilometres southeast of the city of Durango, Mexico.

PERSHIMCO RESOURCES INC. is pleased to announce the nomination of Mr Jean Robitaille, Senior Vice-President at Agnico Eagle Mines, as a director of the Company.

Tara Gold Resources Corp. is pleased to announce a distribution of one Tara Minerals Corp. common share for every 20 outstanding shares of Tara Gold. Tara Gold currently owns 40,898,190 shares or approximately 71% of Tara Minerals. It is the intention of Tara Gold to distribute all 40,898,190 Tara Minerals shares to its shareholders over the next 24 months. The record date for the current distribution will be announced when required filings have been reviewed by FINRA.

Brigus Gold Corp. announces that Jennifer Nicholson has been appointed Vice President, Investor Relations, effective immediately.

Endeavour Silver Corp. announced today that it has received approval to list its common shares on the New York Stock Exchange (NYSE). Trading is scheduled to commence on March 14, 2011 under the ticker symbol EXK.

DENVER, March 7, 2011 /PRNewswire/ — Vista Gold Corp. (TSX & NYSE Amex Equities: VGZ) (“Vista” or the “Corporation”) is pleased to announce that it has repaid its U.S. $23 million principal amount of outstanding 10% senior secured convertible notes (the “Notes”) (plus accrued interest) which matured on March 4, 2011. These payments were made using available cash and did not require any borrowing. Final cancellation of the Notes depends upon the completion of certain administrative duties of HSBC Bank USA, N.A. (the “Trustee”), pursuant to Article 8 of the note indenture, dated March 4, 2008 (the “Note Indenture”), among Vista, Vista’s Mexican operating subsidiary, Minera Paredones Amarillos S.A. de C.V., as guarantor (which has subsequently changed its name to Desarrollos Zapal S.A. de C.V., the “Guarantor”), the Trustee and HSBC Mexico, S.A. De C.V., Institucion de Banca Multiple, Grupo Financiero HSBC, Division Fiduciaria, as collateral agent (the “Collateral Agent”).

Vancouver, B.C.: Bell Copper Corporation (“Bell Copper” or the “Company”) (TSX-V Symbol: BCU) is pleased to announce that it has closed the debt restructuring with Macquarie Bank Limited (“Macquarie”) as outlined in the Company’s February 7 news release, that it has now fully repaid the Bell Demand Debenture, and that all of its $0.10 warrants were exercised prior to the February 24, 2011 deadline, generating $1.5 million in net proceeds. With these actions, Bell has now substantially reduced and deferred its remaining repayment obligations to Macquarie.

Vista Gold Corp. (TSX & NYSE Amex Equities: VGZ) (“Vista” or the “Corporation”) is pleased to announce that a total of 15,308,044 common share purchase warrants (the “Warrants”) issued on December 15, 2010 (in connection with our previously announced private placement of special warrants) began trading March 1, 2011 on the Toronto Stock Exchange (the “TSX”) under the symbol VGZ.WT.U. See our press releases dated September 30, 2010, October 12, 2010, October 22, 2010 and December 15, 2010 for additional information on the private placement and the Warrants.

VANCOUVER, March 4 /CNW/ – Goldgroup Mining Inc. (TSX: GGA) (“Goldgroup” or the “Company”) is pleased to announce that in connection with its previously announced offering of 25 million common shares at a price of Cdn$1.40 per share (the “Offering”), the underwriters have determined to exercise the over-allotment option in full to acquire an additional 3.75 million common shares at Cdn$1.40 per share to raise additional aggregate gross proceeds of Cdn$5.25 million. The Company expects to close the Offering concurrently with the over-allotment option on or about March 10, 2011.

VANCOUVER, BRITISH COLUMBIA–(Marketwire – March 4, 2011) – Cream Minerals Ltd. (TSX VENTURE:CMA)(OTCBB:CRMXF)(FRANKFURT:DFL) (“Cream” or the “Company”) is pleased to announce that a total of 6,975,000 incentive stock options have been granted under the Company’s stock option plan to employees, consultants, officers and directors of the Company at a price of Cdn$0.38 per share. The options are exercisable on or before March 4, 2016 and will vest immediately, other than those granted to consultants performing investor relations activities, which, in accordance with TSX Venture Exchange requirements, will vest over a twelve month period, with one-quarter of such options vesting in each three month period. The options are subject to the approval of the TSX Venture Exchange.