Month: May 2014

Excalibur Resources Ltd. is pleased to announce the appointment of German Castano, President, Carbocol Inc. and President and Legal Representative Carbocol Peru S.A.C., to Excalibur’s Board of Directors. Mr. Castano is a graduate Engineer from Colombia. Mr. Castano immigrated to Canada in 1999, after which he became President of several Hispanic organizations including serving three years as President of the Toronto Hispanic Chamber of Commerce.

BACANORA MINERALS LTD. announces that it has re-filed its interim financial statements for the periods ended September 30, 2013 and December 31, 2013 and its management discussion and analysis for the same periods. In the course of preparing the Company’s consolidated interim financial statements for the period ended March 31, 2014, management identified certain required reclassification adjustments for the accounting for the disposition of its 30% interest in its subsidiary holding the El Sauz and Fleur Lithium concessions. The Company has corrected the consolidated financial statements to record directly in equity the difference between the adjustment to the non-controlling interest and the fair value of the consideration received. Please refer to note 12 of the restated condensed consolidated interim financial statements for the periods ended September 30, 2013 and December 31, 2013 for a summary of the impact of the restatement adjustments on the Company’s previously reported consolidated financial statements.

International Millennium Mining Corp. reports the Company’s results for its fiscal year 2014 first quarter ended March 31, 2014.

International Northair Mines Ltd. announces that it has granted 2,530,000 stock options at $0.15 to directors, officers, employees and consultants. All of the options are exercisable for a period of five years from the date of grant.

Marlin Gold Mining Ltd. announces that it has completed the non-brokered private placement equity financing announced on May 27, 2014. The Private Placement was comprised of 10,000,000 common shares at a price of $0.10 per Common Share for gross proceeds of $1,000,000.

Starcore International Mines Ltd. announces production results for the fiscal 2014 third quarter, ending April 30, 2014, at its San Martin Mine in Queretaro, Mexico. During the third quarter, the San Martin mine produced 5,338 gold equivalent ounces.

Aurcana Corporation is pleased to report its unaudited financial results for the first quarter ended March 31, 2014. The summary of the selected financial information should be read in conjunction with the Condensed Interim Consolidated Financial Statements and the related Management Discussion and Analysis for the quarter ended March 31, 2014 dated May 30, 2014 together referred to as the “Financial Statements”, which have been filed on SEDAR (www.sedar.com) and the Company’s website (http://www.aurcana.com). All figures are in US dollars unless otherwise noted.

BACANORA MINERALS LTD. is pleased to announce that it has, subject to regulatory acceptance, entered into an agreement with Buchanan Communications Limited to provide financial public relations and investor relations services to Bacanora. The appointment of Buchanan supports the Company’s communications strategy of maintaining an active dialogue with all its shareholders.

Alamos Gold Inc. is providing a summary of the voting results of yesterday’s Annual General Meeting of Shareholders.

Southern Copper is planning to spend $2.3 billion on capital projects in 2014 as they work toward their goal of increasing production to 1.2 million tons by 2017 which represents an 87% increase over 2013 production.

Mexus Gold US Shareholder Update: The company announced today that negotiations with our potential suitors is taking longer than expected but will get done.

Oremex Silver Inc. announced today that further to its news release on April 1, 2014, Securities Commission issued a management cease trade order on April 1, 2014 for failure to its annual financial statements, CEO and CFO certifications and management discussion and analysis for the year ended November 30, 2013 (the “Annual Filings”) by the deadline of March 30, 2014. The MCTO prohibits all trading by certain insiders of Oremex in securities of the Company until the order is revoked. The Company is required to provide bi-weekly status updates in accordance with National Policy 12-203 – Cease Trade Orders for Continuous Disclosure Defaults until the MCTO has been revoked of a full cease trade order issued.

McEwen Mining Inc. has reported a structural change in its management, which might not be for the good. The company also reported the results for the election of directors conducted at the Annual General Meeting on May 15, 2014.

Alta Vista Ventures Ltd. is pleased to announce that final approval has been received from the TSX Venture Exchange for its previously announced non-brokered private placement of 6,000,000 units at a price of $0.05 per Unit for gross proceeds of $300,000. A unit consists of one common share and one transferable common share purchase warrant valid for one year that will entitle the holder to purchase one additional common share at a price of $0.075. The warrants will expire on May 30, 2015. The shares forming part of the units and the shares acquired on exercise of the warrants are subject to restrictions on resale until September 30, 2014.

Avino Silver & Gold Mines Ltd. is pleased to report its financial results for the quarter ended March 31, 2014. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in Canadian dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2013 and associated management discussion and analysis which are available on the Company’s website at www.avino.com and under the Company’s profile on SEDAR at www.sedar.com.

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports record earnings and production for 2014 Q1, with an increase in gross revenue of 54% over the previous Quarter. For the first quarter ending March 31, 2014, gross revenue was $1,064,370 as compared to the previous quarter endingDecember 31, 2013, having gross revenues of $689,343.