Year: 2015

Torex Reports Year End Results

Torex Gold Resources Inc. announced today its financial results for the twelve months ended December 31, 2014 . All amounts are expressed in U.S. dollars unless otherwise stated.

First Majestic Updates Mineral Reserve and Resource Estimates for Year End 2014 and Files Form 40-F Annual Report

FIRST MAJESTIC SILVER CORP. is pleased to announce its 2014 Mineral Reserve and Resource estimates for its existing mineral property assets in Mexico as of December 31, 2014. Silver metal content in the Proven and Probable Reserve category totaled 101.1 million ounces of silver, down 7% from 108.6 million as of December 31, 2013. Metal prices used to estimate the 2014 Reserve estimates were lowered compared to the prior year to: $20.00/oz of silver, $1,200/oz of gold, $0.95/lb of lead and $1.00/lb of zinc.

Evrim Announces $600,000 Non-brokered Private Placement

Evrim Resources Corp. announces it has arranged a non-brokered private placement with Cranberry Capital Inc., a company controlled by Evrim’s Chairman Mr. Paul van Eeden for 4,000,000 shares at $0.15 per share for gross proceeds of $600,000. The shares will be subject to a four month hold from the date of closing under Canadian Securities Law.

Silvercrest Announces Update to Santa Elena Pre-Feasibility Study; Pre-Tax Base Case NPV (5%) of $144 Million, Replaces Reserves and Renews 8 Year Mine Life

SilverCrest Mines Inc. is pleased to announce that it has filed a Technical Report prepared in compliance with National Instrument 43-101 Standards of Disclosure for Mineral Projects titled, “Update to Santa Elena Pre-Feasibility Study, Sonora, Mexico”, for its operating Santa Elena mine. The UPFS updates the Santa Elena Pre-Feasibility Study and Open Pit Resource Update…

First Mining Finance Corp. Announces Completion of Qualifying Transaction and Closing of Financing

First Mining Finance Corp. is pleased to announce that it has now completed the acquisition of all of the issued and outstanding shares of Sundance Minerals Ltd. constituting its qualifying transaction under the applicable policies of the TSX Venture Exchange. The Acquisition was completed by way of an arrangement agreement whereby the Company acquired all of the issued and outstanding shares of Sundance in exchange for an aggregate of 71,074,827 common shares of the Company.

Almaden Files Form 20-F Documentation

Almaden Minerals Ltd. announces that its Form 20-F for the fiscal year ended December 31, 2014 has been filed with the U.S. Securities and Exchange Commission. The Form 20-F and the Company’s audited consolidated financial statements for the years ended December 31, 2014 and 2013, are available on the Company’s website at http://www.almadenminerals.com.

Quaterra Reports 2014 Year-End Financial Results

Quaterra Resources Inc. continues to focus its attention on its 100%-owned Yerington copper district assets. Non-Yerington assets of the Company have been sold with the proceeds to be used in support of the Yerington District as reported in the Company’s December 31, 2014, year-end financial statements and management’s discussion and analysis filed today.

Class Action Certified and Leave to Proceed Granted in Securities Class Action Against Baja Mining Corp.

Harrison Pensa LLP commenced an action under the Class Proceedings Act, 1992 against Baja Mining Corp., certain of its former directors and officers and the company’s auditor, PricewaterhouseCoopers LLP. The action alleges that during the class period, the defendants made misrepresentations and/or failed to make timely disclosure of significant cost overruns and project delays related to Baja’s Boleo Project located in Baja California Sur, Mexico.

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