Month: November 2013

Aurcana Corporation wishes to report its unaudited financial results for the third quarter ended September 30, 2013.

Bandera Gold Ltd announced today that it has increased its non-brokered private placement of 5,000,000 units to 5,100,000 units of Bandera at a price of $0.05 per unit and closed the financing for proceeds of $255,000. Each unit consists of one common share and a half warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of $0.05 per share on or before November 29, 2015.

Oremex Silver Inc. announces Q3 and nine month financial results for fiscal 2013. For the third quarter the Company recorded a loss of $301,294 or $0.00 per share compared to a loss of $463,106 or $0.00 per share in Q3 2012. For the nine month period the Company recorded a loss of $809,558 or $0.01 per share compared to a loss of $1.76 million or $0.01 per share for the nine month period in 2012.

Energold Drilling Corp. reported the following financial results for the third quarter of 2013. Company-wide revenue during the third quarter of 2013 was $16.6 million, compared to $29.9 million in the third quarter of 2012. The decline in revenue was mostly related to the year-over-year decrease in mineral exploration activity. Gross margin fell to negative 5% in the third quarter of 2013 from 21% in the comparable period of 2012. The Company had a net loss in the third quarter of ($0.15) per share, compared to a net loss of ($0.05) per share in the same period of 2012.

Oremex Silver reminds shareholders that the Company’s Annual General Meeting will take place at 10:00 am on Tuesday December 31, 2013 at Wildeboer Dellelce Place, 357 Bay St., Suite 800, Toronto, Ontario.

Candente Gold Corp. is pleased to announce that Mr. Michael Casselman has joined the Board of Directors and Mr. Cameron Dong has been appointed the Company’s CFO.

Virgin Metals Inc. is pleased to announce the addition of Mr. Mark Selby as Director of the Company effective immediately.

On October 31, 2013, the Mexican Congress approved the Tax Reform, only pending the countersign by the President of Mexico and its publication in the Federal Official Gazette for its full entry into force.

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the release of its Management’s Discussion and Analysis and unaudited Financial Statements for the three months and nine months ended 30 September 2013.

Newstrike Capital Inc. announces the approval and adoption by its Board of Directors of an advance notice policy. The purpose of the Policy is to provide shareholders, directors and management of the Company with a clear framework for nominating directors of the Company. The Company is committed to: (i) facilitating an orderly and efficient annual general or, where the need arises, special meeting, process; (ii) ensuring that all shareholders receive adequate notice of the director nominations and sufficient information regarding all director nominees; and (iii) allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation. The Policy is intended to further these objectives.

First Quantum Minerals Ltd. today announced that its wholly-owned subsidiary FQM (Akubra) Inc. has received a notice purporting to call a default from a limited number of noteholders holding notes originally issued by Inmet Mining Corporation, including CI Investments, Barometer Capital and funds managed by Capital Group. First Quantum strongly disputes that any default has occurred.

Gold Resource Corporation declares its monthly instituted dividend of $0.03 per common share for November 2013 payable on December 23, 2013 to shareholders of record as of December 11, 2013. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico.

Camino Minerals Corporation reports that it has granted 2,520,000 incentive stock options to directors, officers, employees and consultants of the Company. The stock options are exercisable for a period of five years at an exercise price of $0.07 per share. The options were granted under and are subject to the terms and conditions of the Company’s Stock Option Plan.

Oremex Silver wishes to respond to the press release issued today by Concept Capital Management. The meeting and consequent actions indicated in the CCM press release have no legal force or effect. The Company has duly convened its Annual General Meeting of shareholders to be held at 10:00 am on Tuesday, December 31, 2013 at Wildeboer Dellelce Place , 365 Bay St. , Suite 800, Toronto, Ontario .

Scorpio Gold Corporation is pleased to announce its financial results for the third quarter ended September 30, 2013. This press release should be read in conjunction with the Company’s Management Discussion & Analysis and the condensed consolidated interim financial statements for Q3, available on the Company’s website at www.scorpiogold.com and under the Company’s name on SEDAR at www.sedar.com. All monetary amounts are expressed in US dollars. Comparative numbers disclosed were restated following the adoption of the new IFRS standard, IFRIC 20, Stripping costs in the production phase of a surface mine. See note 3 a) of the Q3 condensed consolidated interim financial statements for more information on the effects of IFRIC 20.

Alta Vista Ventures Ltd. wishes to announce that it is re-pricing its previously announced non-brokered private placement from a price of $0.07 per unit to a price of $0.05 per unit. The financing will now consist of up to 4,000,000 units at a price of $0.05 per unit to raise a total of up to $200,000. A unit will consist of one common share and one non-transferable common share purchase warrant valid for two years. Each warrant will entitle the holder to purchase one additional common share at a price of $0.075 for the first year and $0.10 for the second year.

Virgin Metals Inc. is pleased to announce the addition of Mr. Mark Selby as Director of the Company effective immediately.

Soltoro Ltd. is reviewing the silver resource estimates contained in its National Instrument 43-101 compliant Technical Report on the El Rayo Project dated January 31, 2012 and intends to prepare a new resource estimate which will incorporate results of new metallurgical work and drill and underground exploration completed to date. Soltoro’s 100% owned El Rayo primary silver project is located in Jalisco State, Mexico.