Month: December 2014

Kootenay retains services of Hans Smit P.Geo to assist in development of new La Negra Silver Discovery in Sonora, Mexico

Kootenay Silver Inc. is pleased to announce that it has retained the services of Mr. Hans Smit, P.Geo to assist in the upcoming development of the Company’s new La Negra Breccia Silver Discovery, situated approximately 6.5 kilometers north of Kootenay’s flagship Promontorio Silver Resource in Sonora, Mexico. The immediate objective is to quickly advance the La Negra discovery to a resource calculation on completion of a second drill program anticipated to begin early in the New Year.

Cangold Extends Warrants

CANGOLD LIMITED is extending the expiry date of 2,596,000 Series Q share purchase warrants originally issued on July 13, 2011 and 2,404,000 Series R share purchase warrants originally issued on August 25, 2011, both set to expire on December 31, 2014, to December 31, 2015.

Northair Silver Corp. Announces new CFO and Director

Northair Silver Corp. is pleased to announce the appointment of Mr. Robert J. Scott CA, CFA as Chief Financial Officer to replace outgoing CFO Mr. Wayne Johnstone who has decided to pursue other business interests and the appointment of Ms. Annette Cusworth to the Company’s Board of Directors, effective December 8th, 2014.

Coeur Announces Negotiations With Paramount

Coeur Mining Inc. is in advanced negotiations with Paramount Gold and Silver Corp for its acquisition. The company intends on expanding its mining footprint in Mexico.

Rio Tinto and Azure Execute Promontorio Agreement

Azure Minerals Limited is pleased to announce that the Company and Kennecott Exploration Mexico S.A. de C. V., part of the Rio Tinto Group, have executed the legal documentation covering the Promontorio Earn-In and Joint Venture.

Agave Silver Corp. Increases Offering Size, Adds Flow-Through Common Shares to the Offering

Agave Silver Corp. is pleased to announce that further to the Company’s press release dated November 10, 2014 with respect to the proposed non-brokered private placement, the Company has increased the offering size by adding flow-through common shares to the offering under the Private Placement. Under the Offering, the Company intends to offer up to 11,000,000 Flow-Through Common Shares at a price of $0.06 per Flow-Through Common Share, and 9,000,000 non-flow-through units at a price of $0.05 per Non-Flow-Through Unit. Each Non-Flow-Through Unit will be comprised of one common share and one common share purchase warrant. Each whole non-flow-through warrant will entitle the holder to purchase one non-flow-through common share at any time for a period of 24 months from the date the Warrant is issued, at a price of $0.10. With the addition of the Flow-Through Common Shares, the Company intends to raise up to CDN$1,110,000 through the Private Placement.

Highvista Gold Inc. Announces Acceptance of Share Consolidation

Highvista Gold Inc. announces that it has finalized the share consolidation on the basis of one post-consolidated common share for every ten pre-consolidation common shares, as previously announced in a press release dated November 26, 2014. The share consolidation was approved at the Special Shareholders Meeting held on June 11, 2014. The share consolidation is now effective and the total outstanding share capital of the Company is now 3,988,190 common shares.

Starcore International Mines Ltd. and American Consolidated Minerals Corp.: Closing of Plan of Arrangement

Further to their joint press release of November 20, 2014, Starcore International Mines Ltd. and American Consolidated Minerals Corp. announce the closing of their previously announced plan of arrangement whereby Starcore was to acquire all of the outstanding common shares of AJC. The transaction was completed pursuant to a plan of arrangement in accordance with the Business Corporations Act (British Columbia), which was approved by the British Columbia Supreme Court on December 1, 2014. Shareholders of AJC approved the Arrangement on November 20, 2014. All conditions of closing have now been satisfied by both parties.

Santacruz Silver Reports Third Quarter 2014 Financial Results

Santacruz Silver Mining Ltd. is pleased to announce the financial and operating results for the third quarter of 2014. The full version of the financial statements and accompanying management discussion and analysis can be viewed on the Company’s website at www.santacruzsilver.com or on SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in US dollars unless otherwise indicated.

Hecla Declares Preferred Dividend

Hecla Mining Company is pleased to announce its Board of Directors has declared the regular quarterly dividend of $0.875 per share on the 157,816 outstanding shares of Series B Cumulative Convertible Preferred Stock. This represents a total amount to be paid of approximately $138,000. The cash dividend is payableJanuary 2, 2015, to shareholders of record on December 15, 2014.

Mundoro Corporate Update

Mundoro Capital Inc. is pleased to announce the Company has filed financial results for the third quarter ended September 30, 2014.

Goldcorp declares twelfth monthly dividend payment for 2014

GOLDCORP INC. is pleased to declare its twelfth monthly dividend payment for 2014 of $0.05 per share. Shareholders of record at the close of business on Thursday, December 11, 2014 will be entitled to receive payment of this dividend on Friday, December 19, 2014.

Aurcana Reports 3rd Quarter Financial Results

Aurcana Corporation is pleased to report its unaudited financial results for the third quarter ended September 30, 2014. The summary of the selected financial information should be read in conjunction with the Condensed Interim Consolidated Financial Statements (Unaudited) and the related Management Discussion and Analysis for the quarter ended September 30, 2014 dated November 28, 2014 together referred to as the “Financial Statements”, which have been filed on SEDAR (www.sedar.com) and are also available on the Company’s website (www.aurcana.com). All figures are in US dollars unless otherwise noted.

Flinders Resources and Big North Graphite provide merger update

Flinders Resources Limited and Big North Graphite Corp. announce that further to the joint news release of October 21, 2014, and November 3, 2014, the companies have agreed to further extend the due diligence period to January 30, 2015. As a result, the entering into a definitive agreement to incorporate the terms of the binding letter agreement dated August 29, 2014 has also been extended to January 30, 2015.

San Marco Resources Makes New Corporate Appointments

The Board of Directors of San Marco Resources Inc. announces the appointment, effective today, of Mr. Bernie Zacharias as the Company’s Chief Financial Officer and Ms. Barbara Henderson as the Company’s Corporate Secretary. These appointments follow the resignation of Julie Capstick from the positions of CFO and Corporate Secretary in order to pursue an alternative career opportunity. The Board of Directors thanks Ms. Capstick for her dedicated and professional service to the Company over the past four years.

Santacruz Silver Announces Amendment to Silver Prepay Agreement

Santacruz Silver Mining Ltd. reports that it has amended the previously announced US$28.4 million Pre-paid Silver Purchase Agreement with JMET, LLC wherein the Company had agreed to sell 4,635,000 ounces of silver through August 2019, subject to certain adjustments relating to metal prices. The original agreement was announced in a news release on September 18, 2014.

Calissio Resources Corporate Update and Mining Operations in Mexico

The most obvious change has been to rebrand the Company as Calissio Resources Group Inc., from the previous name Amarium Technologies Inc.. The name change was enacted to more appropriately and clearly reflect the operations of Calissio as a mineral producer based in Mexico, and not a technology company, as the previous name suggested.

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