Month: March 2014

Cayden Resources Begins Trading on OTCQX(R)

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.

Goldcorp Announces Secondary Offering of Primero Shares

Goldcorp Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp., pursuant to which the underwriters have agreed to purchase from Goldcorp, on a bought deal basis, 31,151,200 Common Shares of Primero Mining Corp. at a price of C$7.20 per Common Share for aggregate gross proceeds to Goldcorp of C$224 million. The offering represents the sale of approximately 19.8% of the issued and outstanding shares of Primero and immediately following the offering, Goldcorp will no longer own any shares of Primero. Primero will not receive any proceeds from the offering. The shares were acquired in connection with the sale of the San Dimas mine in Mexico to Primero in August 2010.

Primero announces secondary offering by Goldcorp Inc.

Primero Mining Corp. announced today that it has entered into a letter agreement with its shareholder Goldcorp Inc. and Canaccord Genuity Corp. on behalf of a syndicate of underwriters pursuant to which the Underwriters have agreed to purchase all of the 31,151,200 common shares of Primero currently held by Goldcorp on a bought deal basis at an offering price of C$7.20 per share.

Lincoln Mining Corporation: Procon Divestment Transaction Completed

Lincoln Mining Corporation announces that further to its news release dated February 19, 2014, Lincoln has been advised that Procon Resources Inc. has completed the divestment of its interests in Lincoln pursuant to the Order of the Committee on Foreign Investment in the United States.

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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.