Month: June 2011

Mercator Minerals Completes Acquisition of Creston Moly

Vancouver, British Columbia: June 22, 2011 – Mercator Minerals Ltd. (“Mercator” or the “Company”) is pleased to announce that it has completed the previously announced arrangement with Creston Moly Corp. (“Creston”), pursuant to which Mercator has acquired all of the issued and outstanding shares of Creston, which is now a wholly owned subsidiary of Mercator.

Soho Resources Corp. Non-Brokered Private Placement

Soho Resources Corp. announces that it has arranged a non-brokered private placement of up to 15,000,000 units of the Company. Each unit is priced at $0.10 per unit, resulting in gross proceeds of up to $1,500,000. Each unit is comprised of one common share of the Company and one half of a two year transferable share purchase warrant. Each one whole share purchase warrant entitles the holder thereof to purchase one additional common share of the Company at $0.13 within one year of its date of issuance and then $0.175 within the second year after its date of issuance. The Company also reserves an overallotment option of up to 3,750,000 units, being 25% of the offering.

Cortez Amends Private Placement

Further to its press release of June 13, 2011, Cortez Gold Corp. announces that due to current market conditions, it is re-pricing its proposed non-brokered private placement. The proposed financing, which will involve the issuance of up to 10,000,000 units, is now priced at $0.15 per Unit, for gross proceeds of up to $1,500,000.

Silvercrest Announces Appointment of New Director, Reconfirmation of Shareholder Rights Plan and Grant of Stock Options

VANCOUVER, BRITISH COLUMBIA — SilverCrest Mines Inc. (the “Company”) (TSX VENTURE:SVL) is pleased to announce that at the Company’s Annual General Meeting of shareholders held on June 15, 2011, the shareholders of the Company re-elected J. Scott Drever, Barney Magnusson, George Sanders and Graham Thody to the Board of Directors, and elected Ross Glanville as a new member of the Board.

Gold Resource Corporation Hires New CFO

COLORADO SPRINGS, CO, Jun 16, 2011 (MARKETWIRE via COMTEX) — Gold Resource Corporation /quotes/zigman/426910/quotes/nls/goro GORO -0.61% is pleased to announce the hiring of Mr. Paul Oberman as its new Chief Financial Officer (CFO). Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

Argentum Appoints James Hutton to Board of Directors

VANCOUVER, BRITISH COLUMBIA, Jun 16, 2011 (MARKETWIRE via COMTEX) — Argentum Silver Corp. (“Argentum” or the “Company”) /quotes/zigman/4040617 CA:ASL -18.00% announces that Mr. James Hutton has been appointed to the Board of Directors of the Company.

Windstorm Update from President

Windstorm Resources Inc. /quotes/zigman/1544477 CA:WSR 0.00% (fra:4WE)(wkn:A1H700)(wkn:”Windstorm” or the “Company”) provides an update to shareholders from Dr. Gerry Carlson, President:

El Tigre Pursues Listing on OTCQX and Announces Engagement of Roth Capital as PAL

VANCOUVER, BRITISH COLUMBIA–(Marketwire – June 16, 2011) – El Tigre Silver Corp. (The “Company”) (“El Tigre”) (TSX VENTURE:ELS)(PINK SHEETS:EGRTF)(FRANKFURT:5RT) is pleased to announce that the Company is pursuing a listing on the OTCQX. The Company has engaged Roth Capital Partners LLC (“ROTH”) as its Investment Bank Principal American Liaison (“PAL”) for regulatory matters related to the Company’s listing on the OTCQX International market in New York and exclusive OTCQX advisor for marketing the Company to U.S. investors.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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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.