Day: March 6, 2014

AuRico Gold Inc. announced that it has commenced a cash tender offer for any and all of the $167,000,000 outstanding principal amount of its 3.50% Convertible Notes due on October 1, 2016. The consideration payable will be $1,040 per $1,000 principal amount plus accrued and unpaid interest to, but not including, the payment date for the Notes purchased in the Tender Offer, which will be the next business day following the Expiration Time. Additional terms and conditions of the Tender Offer are set forth in the Offer to Purchase and the related Letter of Transmittal dated March 6, 2014.

Virgin Metals Inc. is pleased to announce that it has closed, subject to TSX Venture Exchange approval, the first tranche of a non-brokered private placement of 7,500,000 common shares at a price of $0.05 per Common Share for aggregate gross proceeds of $375,000. Certain subscribers to the Private Placement were non-arm’s length parties.

Goldcorp Inc., the largest gold miner by market value, announced on Wednesday that it has entered into an agreement to sell its entire holdings of Primero Mining Corp, a Canada-based gold and silver producer. The offering represents the sale of approximately 19.8 percent of the issued and outstanding shares of Primero. The agreement includes sale of 31.2 million shares at an offering price of Canadian $7.20 per share for total proceeds of Canadian $224 million.

OTC Markets Group Inc., operator of Open, Transparent and Connected financial marketplaces, today announced that Cayden Resources, Inc. (TSX-V: CYD; OTCQX: CDKNF), a Canadian mineral exploration company, has been approved to trade on OTCQX(R), the best marketplace with qualified companies.

Torex Gold Resources Inc. announced today its financial results for the twelve months ended December 31, 2013.