Month: May 2015

Alamos Gold Inc. and AuRico Gold Inc. today announced that Alamos and AuRico have been granted an interim order from the Ontario Superior Court of Justice authorizing various matters, including the holding of special meetings of Alamos and AuRico shareholders to consider the proposed plan of arrangement to combine the two companies, and the mailing of the joint information circular.

CANGOLD LIMITED is pleased to announce that the plan of arrangement pursuant to which Great Panther Silver Limited will acquire all of the issued and outstanding common shares of Cangold, was approved by Cangold shareholders at the special meeting of Cangold shareholders held on May 22, 2015. At the meeting, approximately 99.44% of the votes cast by Cangold shareholders were voted in favour of the Arrangement.

Tranche one of the Financing included the issuance of 3,000,000 units at a purchase price of $0.05 for gross proceeds of $150,000.00. Each Unit comprise of one common share in the capital of the Company and one half of one non-transferable common share purchase warrant. Each whole Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of CDN$0.15 per Warrant Share for a period of 24 months from the closing date of the Private Placement.

Marlin Gold Mining Ltd. is pleased to announce that it has completed the acquisition of Commonwealth Silver and Gold Mining Inc. The acquisition of Commonwealth provides Marlin a path towards internally financed production growth. With the operating La Trinidad mine approaching its highest grade and most profitable ounces prior to the construction of the Commonwealth Project in Cochise County, Arizona, Marlin expects to have the ability to internally fund the Project through operating cash flow and through a potential Sailfish Royalty financing once a construction decision is made.

First Quantum Minerals Ltd. today announced that it has entered into an underwriting agreement with a syndicate of underwriters led by RBC Capital Markets and Goldman Sachs Canada Inc., and including Barclays, BNP PARIBAS, Deutsche Bank Securities, Jefferies International Limited and Nomura to sell 76,923,000 common shares of First Quantum at a price of Cdn$16.25 per common share to raise gross proceeds of Cdn$1.25 billion…

Marlin Gold Mining Ltd. is pleased to announce that it has completed its previously announced non-brokered private placement of common shares. Pursuant to the Equity Offering, Marlin issued 15,625,000 common shares at a price of $0.56 per Common Share for aggregate gross proceeds of approximately $8,750,000.

Cyprium Mining Corporation is pleased to announce that it has appointed its current Chairman Mr. Alain Lambert as Chief Executive Officer of the Company. Mr. Lambert, who co-founded Cyprium in 2012, will now act as Chairman and C.E.O.

Silver Shield Resources is pleased to announce that the common shares of the Corporation have been approved for reinstatement of trading by the TSX Venture Exchange and that the common shares will resume trading on the NEX Board on Thursday May 21st, 2015.