Lone Star Gold, Inc. announced today that its Equity Facility to fund up to $3,000,000 from KVM Capital Partners LLC is now effective and Lone Star may access the funds under the terms of the agreement.
Cardero Resource Corp. reports that it has received a Notice of Intent to File Delisting Application from the NYSE MKT LLC. The Notice states that the Company remains not in compliance with certain of the NYSE MKT continued listing standards as set out in Part 10 of the NYSE MKT Company Guide and that the NYSE Regulation, Inc. intends to file a delisting application for the Company’s common shares with the US Securities and Exchange Commission pursuant to Section 1009(d) of the Company Guide. The NYSE MKT determined that the Company has not made sufficient progress consistent with the plan filed by the Company with the NYSE MKT addressing how it intended to regain compliance with Sections 1003(a)(iv) and (f)(v) of the Company Guide as accepted by the NYSE MKT on August 9, 2013 (see NR13-19, August 14, 2013).
Pan American Silver Corp.’s Board of Directors has approved the fourth quarterly cash dividend of 2013 in the amount of $0.125 per common share. Should the Company’s Board of Directors continue to approve future quarterly dividends in the same amount, the annual cash dividend paid by Pan American would be $0.50 per common share, which represents a yield of approximately 4.9% based on the Company’s closing share price on NASDAQ on November 13, 2013.
We check out AuRico’s El Chanate gold mine and touch on the potential of gold exploration in Mexico northwest. More to come on that.
Reference is made to the offer dated October 10, 2013 by Invecture Group, S.A. de C.V. to purchase all of the issued and outstanding common shares of Kimber Resources Inc. other than any Common Shares owned directly or indirectly by the Offeror and its affiliates, for Cdn$0.15 in cash per Common Share. As previously announced, the expiry time for the Offer was 5:00 p.m. (Toronto time) today.
Kimber Resources Inc. has announced its financial results for the three months ended September 30, 2013. Kimber’s condensed consolidated interim financial statements and management’s discussion & analysis for the three months ended September 30, 2013 are now available on SEDAR at www.sedar.com.
Aura MineralsÂ’ move to cut costs across its mines has contributed to promising third-quarter results, but the company still has operating and financing hurdles to clear before it can receive better market recognition, says CIBC analyst Tom Meyer.
Argonaut Gold Inc. is pleased to announce the appointment of Mr. David Ponczoch as its Chief Financial Officer. Mr. Ponczoch joins Argonaut Gold following his service as Chief Financial Officer at Twin Metals Minnesota, a joint venture between Antofagasta PLC and Duluth Metals.
Filing from Hermosillo Mexico, Kip Keen takes in the Mexican Roundup, an intimate but growing conference focused on exploration and mine geology.
Silver Bull Resources, Inc. is pleased to announce, further to its news release dated October 1, 2013, it has filed its Preliminary Economic Assessment Technical Report titled “Preliminary Economic Assessment NI43-101 Technical Report, Sierra Mojada Silver-Zinc Project, Coahuila, Mexico” on SEDAR at www.sedar.com. The PEA was prepared by JDS Energy and Mining Inc. (“JDS”) of Vancouver, British Columbia on Silver Bull’s 100% owned Sierra Mojada Project. All amounts are presented in United States dollars.
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