Excalibur Resources Ltd. announces that it has arranged a non-brokered private placement of 5,000,000 common shares at $0.30 per share for a total of $1,500,000. Proceeds will be applied to working capital, the Company’s Catanava gold production project in Mexico and for potential acquisitions.
Soltoro Ltd. has awarded 475,000 incentive stock options exercisable at $0.51 per common share to an officer/director of the Company. This grant of options is in compliance with the terms of the Companys Stock Option Plan and remains subject to the acceptance of the TSX Venture Exchange. This grant of options was awarded after the close on December 10, 2012 and has expiry dates of December 10, 2015 to December 10, 2017.
NWM Mining Corporation announces that it has closed the first tranche of a private placement financing resulting in the issuance of 13,500,000 units. Each unit is comprised of a single share priced at $0.05 per share and has a warrant with a 48 month term priced at $0.10 per share. Gross proceeds of $675,000 have been received in connection with this unit financing. The common shares issued in connection with this private placement will be subject to a hold period, ending April 12, 2013, which is four months plus one day from the date of issuance, in accordance with the policies of the TSX Venture Exchange and applicable securities laws. Insiders of the corporation have subscribed for 6.5M units ($325,000 CAD) of this financing. The private placement offering is subject to regulatory approval.
Citation Resources Inc. is pleased to announce preliminary results of its airborne versatile time-domain electromagnetic survey completed in October 2012 over a substantial portion of the Biricu Gold Project located within Mexico’s Guerrero gold belt.
Starcore International Mines Ltd. is pleased to announce results for a recently completed Reserve estimate for its San Martin Mine in Queretaro, Mexico.
Silver Bull Resources, Inc. is pleased to announce the drill results for the first batch of drill holes from the underground drill program twinning a series of “long holes” in the high grade zinc zone situated below and adjacent to the high grade silver zone, located at the eastern end of the Shallow Silver Zone on the Sierra Mojada Project in Coahuila, Northern Mexico.
Defiance Silver Corp is pleased to announce that Brian Robertson and Ron Sowerby have joined the Board of Directors of Defiance.
Avino Silver & Gold Mines Ltd. is pleased to announce the appointment of Mr. Jose Carlos Rodriguez Moreno as Chief Operating Officer of the Company.
Mexican Environmental Prosecutor Announces Findings of Environmental Damage at Excellon Resources, Inc.’s La Platosa Mine and Begins Administrative Proceedings to Sanction the Company
Silver miner Excellon Resources Inc rejected a non-governmental organization’s claim that Mexican regulators have found environmental irregularities at its La Platosa mine, which has seen a number of protests over the last six months.
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