Month: June 2014

Corex Gold Corporation is pleased to announce that it has entered into a letter agreement with H. Morgan & Company to provide financing of up to $1.65 million and to provide operational and management services in regards to the Company’s Santana property with the intent of moving the company into production. The 100% owned Santana property is located in the State of Sonora, Mexico.

BACANORA MINERALS LTD. is pleased to announce the appointment of Mr. Colin Orr-Ewing as the Chairman of the Board of the Company. Mr. Orr-Ewing began his career as an investment manager for the Shell Pension Fund in London after qualifying as a Certified Accountant. He has a wealth of over 35 years’ experience spanning both the oil and mining industries and has been a director of UK and Canadian oil companies and Irish and Canadian mining companies. Mr. Orr-Ewing has also acted as a consultant to a fund management company on its natural resources portfolios for the last 20 years, and, until 2013, was Executive Chairman of Vatukoula Gold Mines Plc. He was actively involved in the oil industry from 1971 to 1987, working with numerous companies in the North Sea, Libya, Nigeria and Algeria. Mr. Orr-Ewing is a geography graduate of Oxford University.

Quaterra Resources Inc. today announced that it is seeking TSX Venture Exchange approval for a non-brokered private placement of up to US$500,000 of units, each Unit comprised of Non-Transferable Convertible Redeemable US$1,000 Principal Amount Promissory Notes and 11,442 Non-Transferable Share Purchase Warrants.

Vendome Resources Corp., a Toronto, Canada based minerals exploration company with key exploration assets in Guerrero State, Mexico and the Borden Lake Gold District, Ontario, Canada, is pleased to announce the appointment of Victoria Kuklina as its Chief Financial Officer. Victoria will report directly to Vendome Chief Executive Officer, John Priestner, and will be responsible for overseeing Vendome’s financial operations. The appointment has been approved by Vendome’s Board of Directors and is effective immediately.

Resource Estimate expected in July 2014 followed by PEA in August 2014