Day: December 16, 2014

Paramount Announces Agreement to be Acquired by Coeur and Spin-Off of New Exploration and Development Company

Paramount Gold and Silver Corp. and Coeur Mining, Inc. have entered into an agreement and plan of merger, dated as of December 16, 2014 pursuant to which Coeur will acquire all of the issued and outstanding shares of common stock of Paramount and the San Miguel Project. As a condition to closing the Merger, the shares of Paramount’s subsidiary holding its Nevada mining assets will be spun-off to holders of the Company’s common stock.

Riverside Resources Grants Options

Riverside Resources Inc. announces that it has granted a total 1,087,000 incentive stock options to certain Directors, Consultants and Officers of the Company. The Options are exercisable at $0.27 per share for a period of five years from the date of grant. The Options were granted pursuant to the Company’s shareholder-approved stock option plan and are subject to the policies of the TSX Venture Exchange and any applicable regulatory hold periods.

Aurcana Board Update

Aurcana Corporation wishes to report that it has accepted the resignation of Lenic Rodriguez from the Board of Directors.

Santacruz Silver Announces Fatal Accident at Rosario Mine

Santacruz Silver Mining Ltd. regrets to announce that a fatal accident occurred at the Rosario Mine in the State of San Luis Potosi, Mexico over this past weekend. An employee of a contractor was fatally injured while undertaking maintenance on Ball Mill #1 at the Rosario Mine.

San Marco Resources Acquires Option on Highly Prospective Property in the Cuatro de Mayo District

San Marco Resources Inc. has signed a two year option agreement with Argonaut Gold Inc. of Toronto, Ontario to acquire a 457 hectare concession that contains a number of established gold targets in the El Chunibas area of the Cuatro de Mayo District in northern Mexico. Under the terms of the agreement, San Marco can earn a 100% interest in this concession by paying Argonaut a total of $50,000 over two years ($10,000 within 90 days, $15,000 on the first anniversary and $25,000 on the second anniversary). Argonaut will retain a one percent NSR royalty on any future production.

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