Year: 2014

Goldcorp Inc. today reported that it is continuing its due diligence process at Osisko Mining Corporation’s Malartic mine in Quebec. Following a full analysis of due diligence findings, Goldcorp will consider its position and apprise its shareholders as to next steps related to its existing offer to acquire Osisko.

As one of the first juniors to explore in the Guerrero Gold Belt (“GGB)”, Minaurum is focused on advancing its flagship Vuelcos del Destino project, located 20 km from Goldcorp’s Los Filos mine. To provide itself with financial flexibility, Minaurum has extended its option to purchase 100% of the project from Minera Zalamera S.A. de C.V. to April 23, 2017. In consideration for the extension, it will be paying an additional $20,000 and issuing an additional 2,650,000 shares.

Colibri Resource Corporation announces the resignation of Dr. Jon A. Nourse from the Board of Directors effective April 1, 2014. “Jon was instrumental in all of our exploration programs of Colibri claim sites in Sonora, Mexico,” commented Lance Geselbracht, Colibri’s President. “We wish him well in his continued role as Chairman, Department of Geological Sciences, California State Polytechnic University where he focuses time on building their new graduate program.”

YAMANA GOLD INC. and Osisko Mining Corporation are pleased to announce they have entered into an agreement pursuant to which Yamana will acquire a 50% interest in Osisko’s mining and exploration assets for C$441.5 million in cash and 95.7 million common shares of Yamana having an aggregate value of C$929.6 million. Upon implementation of the Agreement, each outstanding Common share of Osisko will be exchanged for (i) C$2.194 in cash, (ii) 0.2119 of a Yamana common share, and (iii) a new common share of Osisko.

Baja Mining Corp. announces that it is joining Korea Resources Corporation and the other members of the Korean Consortium in converting all of the outstanding shareholder loans of Minera y Metalúrgica del Boleo S.A. P.I. de CV. into equity of MMB. The Conversion is intended to assist MMB in obtaining further financing for the Boleo Project and in its efforts to restructure its existing project financing. Baja and KORES have also agreed in principle on certain terms to be included in a new MMB shareholders agreement (the “New Shareholders Agreement”) proposed to replace the current MMB shareholders agreement.

Vista Gold Corp. today announced it has repaid its 2013 loan facility in full. The 2013 Facility balance, which had been reduced to approximately $1.3 million in February 2014, was due March 31, 2015.