Author: Josue Gomez

Sierra Metals Announces Payment Of Inaugural Quarterly Cash Dividend Of $2.5 Million

Sierra Metals Inc. is pleased to announce that the Company has completed its first quarterly cash dividend payment of $2.5 million, or $.016 per common share to shareholders on April 30, 2013. The Company announced its inaugural $10.0 million cash dividend policy on February 12, 2013 (see press release dated February 12, 2013 here) as a result of substantial production increases and significant cash flows from operations realized in 2012.

International Millennium Mining Corp. Reports 4th Quarter and 2012 Annual Results

International Millennium Mining Corp. reports its financial statements and MD&A for the 4th Quarter and Year Ended December 31, 2012. Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the 2012 Audited Consolidated Financial Statements for the year ended December 31, 2012.

VVC Exploration to Resume Trading

VVC Exploration Corporation is pleased to announce that, further to its news release of April 12, 2013, the Company has filed the required preliminary documents with the TSX Venture Exchange in connection with the execution of a non-binding letter of intent with Camex Mining Development Group Inc., pursuant to which, the Company intends to acquire all of the issued and outstanding shares of Camex, in exchange for the issuance of 59,900,000 common shares of VVC at closing, subject to adjustments, if any, as mutually agreed upon based on due diligence. Accordingly, the TSX-V has confirmed that the Company’s stock halt will be lifted. The Company expects trading to resume at market open on Thursday, May 2, 2013.

MacMillan Minerals Corporate Update

Mr. George A. Brown, President of MacMillan Minerals Inc., is pleased to announce that the Company has received permission from the TSX Venture Exchange to extend the close of the current financing to on or by May 30, 2013.

Scorpio Mining Announces Granting of Environmental Permit for El Cajón and San Rafael Underground Mine Development

Scorpio Mining Corporation reports that the federal Mexican Secretariat of Environment and Natural Resources (SEMARNAT) has issued to its wholly-owned subsidiary, Minera Platte River Gold, S. de R.L. de C.V., a resolution approving the Environmental Impact Statement pertaining to its application for the development of underground mining operations at the El Cajón and San Rafael projects, located in the Cosalá Norte District, 14 and 17 kilometers by road respectively from the Nuestra Señora processing facility.

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