Day: September 5, 2014

Scorpio Mining Corporation announced today that its board of directors has determined that it is not in the best interests of the Company to accept the offers of resignation submitted by three directors, Ewan Mason, Jonathan A. Berg and Bradley R. Kipp, who were elected at the Company’s Annual and Special Meeting of Shareholders held on June 12, 2014. Each of the three directors had offered to resign as directors after the number of votes withheld for their re-election or election was greater than the votes in favour of such director. Because the directors offered their resignations, the Board was not required to make a determination as to whether the Company’s majority voting policy applied in the circumstances and considered the offers of resignation as if the policy so applied.

Levon Resources Ltd. announces that it has come to the Company’s attention that there was an error in a number in the news release which the company issued on September 3, 2014. The release incorrectly stated that the new resource estimate included a 57% increase in the indicated silver resource at the Company’s Cordero Project over the Company’s July 2012 resource estimate. The correct percentage is approximately 34%.

Tarsis Resources Ltd. is pleased to announce that the Company has increased its previously announced private placement to 9 million units at $0.05 cents to raise $450,000. The offering is fully subscribed and will be closed shortly.

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 that it is offering a non-brokered private placement for up to 10,000,000 units at a price of $0.05 per Unit, for gross proceeds of up to $500,000. Each Unit consists of one common share and one common share purchase warrant. Each Warrant entitles the holder to purchase one Share of the Company at a price of $0.10per Warrant Share for a period of 18 months from the Closing Date, subject to an acceleration clause. Early expiration of the Warrants could occur once the Units are free from statutory resale restrictions and the Common Shares are trading at a price greater than $0.15 for a period of 15 consecutive trading days. Subsequent to this Acceleration Period, the Corporation may accelerate the expiry of the Warrants by providing written notice to Warrant holders within ten subsequent trading days outlining the Warrants will expire on the 30th calendar day after such notice is given to Warrant holders.

Sierra Metals Inc. announces the resignation of Chief Financial Officer,Fernando Piccini, who is leaving to pursue an opportunity with another company. Mr. Piccini’s resignation is effective September 5, 2014. Mr. Piccini has served as Chief Financial Officer of Sierra since July 14, 2011.

Capstone Mining Corp. today announced that it intends to offer $300 million of Senior Notes maturing in 2022, subject to market and other customary conditions. Capstone intends to use the net proceeds of the Notes to repay borrowings under its existing credit facilities. Citigroup is Lead Underwriter and Joint Global Co-ordinator, and Wells Fargo Bank is Joint Global Co-ordinator for the Notes.

Alta Vista Ventures Ltd. is pleased to announce that the Company intends to delist its common shares from the TSX Venture Exchange and thereafter list its common shares on the Canadian Securities Exchange. To ensure continued and seamless trading for the Company’s shareholders, the Company anticipates its common shares will be delisted from the TSXV at the close of trading on Wednesday, September 10, 2014 and will commence trading on the CSE at market open on Thursday, September 11, 2014. The Company’s name and trading symbol, AVV, will remain the same.

Mercator Minerals Ltd announces, effective September 4, 2014, the resignation from the board of directors the following: John Bowles, D. Bruce McLeod, Stephen P. Quin, Robert J. Quinn, Daniel Tellechea and Ron Vankoughnett. Also resigning, effective September 4, 2014, are the Officers of the Company: D. Bruce McLeod, Michael Broch, Mark Distler and Marc Leblanc.