Month: April 2011

Impact Announces Acceleration of Expiry of Warrants And Agent’s Warrants

IMPACT Silver Corp. (“IMPACT” or the “Company”) announces that it has elected to accelerate the expiry date of the warrants (the “Warrants”) and the agent’s warrants (the “Agent’s Warrants”) issued on December 14, 2010 as part of its private placement unit offering (the “Private Placement”).

Scorpio Mining Appoints Hemdat Sawh As CFO

RTTNews) – Scorpio Mining Corp. (SPM.TO: News ) announced that Hemdat Sawh has been appointed as Chief Financial Officer or CFO effective May 1, 2011. Gilbert Comtois, the company’s current CFO will continue to serve as CFO for Scorpio Gold Corporation and will assist Sawh on an as needed basis.

Mercator Minerals Edges Lower as Credit Suisse Analyzes Creston Moly Agreement

Credit Suisse has kept a Neutral rating and $4.25 target price on Mercator Minerals Limited (ML.TO) after announcing on April 12 that it has entered into a friendly business combination agreement with Creston Moly Corp. (CMS.V), whereby ML will acquire each CMS share in exchange for 0.15 ML common shares, plus $0.08 in cash. At the time of the announcement, the transaction valued CMS at approximately C$195 million.

Coeur D’Alene Mines Stock Falls On Unusually High Volume (CDE)

NEW YORK (TheStreet) — Coeur D’Alene Mines Corporation (NYSE:CDE) is trading at unusually high volume Thursday with 14 million shares changing hands. It is currently at four times its average daily volume and trading down $2.35 (-7%) at $31.41 as of 3:06 p.m. ET.

Cerro Resources NL Stock (CVE:CJO) Rises in Volume After Mexican Project News

The stock of Cerro Resources NL (CVE:CJO, CJO message board), which enjoys a rather humble interest by investors on the Canadian Market, became finally in greater demand during the last sessions. By far, the peak in the recent trading activity was yesterday, when the turnover was seven times the average. The volume surge was perhaps driven by the announced yesterday estimates of resources and reserves contained on one of the company’s Mexican projects.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.