Day: May 13, 2015

BIG NORTH GRAPHITE CORP. is pleased to announce that it intends to complete a non-brokered private placement of up to 7,000,000 units at a price of $0.07 per Unit, for gross proceeds of up to $490,000. Each Unit will consist of one common share and one half common share purchase warrant. Each full Warrant will entitle the holder thereof to purchase one Share at an exercise price of $0.10 for a period of 24 months following the closing of the Offering.

Mark Brennan, President and CEO of Sierra Metals, commented: “The Company’s exceptional production and low production costs helped mitigate a downturn in metal prices during the first quarter. We were still able to achieve strong revenues and operating cash flows to further strengthen our balance sheet and financial outlook. The continued production growth at our three operating mines provides Sierra with a strong outlook for the remainder of 2015.”…

J. Scott Drever, Chief Executive Officer, stated; “We are pleased with the strong start to 2015. Santa Elena’s record AgEq production delivered solid Q1, 2015 financial results, generating cash flow from operations of $7.3 million and net earnings of $2.5 million. We are confident in Santa Elena’s ability to continue to generate positive cash flows during 2015, notwithstanding the lower precious metals price environment…

Gold Resource Corporation today announced the resignation of Mr. Joe Rodriguez, the Company’s Chief Financial Officer. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA. The Company has returned over $103 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Evrim Resources Corp. is pleased to announce the appointment of Dr. John Thompson to the Company’s Board of Directors. John will be a key contributor to Evrim’s geoscience team, and identify new business opportunities.

Arian Silver Corporation a silver exploration, development and production company with a focus on projects in the silver belt of Zacatecas, Mexico, announces that that all the resolutions proposed at the Company’s Annual General Meeting, which was held earlier today, were duly passed.