Month: December 2014

Almaden Minerals Ltd. announces that it will be deferring shareholder approval of the spin-out of its early stage exploration projects, royalty interests and certain other non-core assets, which was originally announced in the Company’s October 21, 2014 news release, to the Company’s 2015 annual general meeting. The AGM is expected to be held on or about June 2015. Shareholder approval is being deferred to avoid the expense of an additional shareholders’ meeting and to allow more time for an internal restructuring of the projects, royalty interests and assets to be spun out. The Company considers the deferral to be a prudent cost saving opportunity given the market conditions while also providing shareholders more time to better understand the corporate reorganisation and its merits before voting. The Company remains committed to the spin-out and does not believe that the deferral of the shareholder vote will place the transaction at risk, although current market conditions are very challenging and have worsened since the original spin-out announcement. The Company will continue to monitor the market while it completes the internal restructuring and will provide updates accordingly.

Graphite One Resources Inc. is pleased to announce that W. Alan Ahlgren has been appointed Chief Financial Officer and Corporate Secretary effective December 12, 2014. Mr. Ahlgren will replace Dale Hansen, who resigned effective December 12, 2014. Mr. Ahlgren will be based in the Company’s office in Vancouver and the Calgary office will be closed.

Paget Minerals Corp. announces that it has granted a total of 1,750,000 incentive stock options to directors and officers of the Company. The Options are exercisable at $0.05 per share for a period of five years from the date of grant and shall vest as to 100% upon 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.

Marlin Gold Mining Ltd. is pleased to announce that Marlin has arranged to settle certain deferred payments with the Company’s mining contractor at the La Trinidad mine by way of issuing common shares. The Company previously disclosed that it will issue up to 1,200,000 common shares to the contractor but has since negotiated to issue an additional 500,000 common shares, for a total of 1,700,000 common shares, to settle total deferred payments of US$1,270,355. The share issuance, which is issued with no additional entitlements, further ensures that Marlin and its contractor will be aligned as the Company continues to advance the La Trinidad mine.

Kootenay Silver Inc. is pleased to announce a non-brokered private placement of up to 2.9 million units at a purchase price of $0.35 per Unit, for aggregate gross proceeds to Kootenay of up to $1,000,000.

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Zacatecas, Mexico, is pleased to announce that the resolutions put to shareholders at the General Meeting which took place earlier today were duly passed on a show of hands.

Starcore International Mines Ltd. has filed the results for the three months ended October 31, 2014 for the Company and its mining operations. The full version of the Company’s Financial Statements and Management’s Discussion and Analysis can be viewed on the Company’s website at www.starcore.com, or SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in thousands of Canadian dollars unless otherwise indicated.