Author: Josue Gomez

Marlin Gold Mining Ltd. Closes Previously Announced Private Placement of Common Shares

Marlin Gold Mining Ltd. announces that it has completed a non-brokered private placement equity financing with Wexford Spectrum Trading Limited and Wexford Catalyst Trading Limited, existing shareholders of the Company, for gross proceeds to the Company of $5,000,000. In connection with the Offering, the Company issued 40,000,000 common shares to Wexford Spectrum Trading Limited, and 10,000,000 Common Shares to Wexford Catalyst Trading Limited, each at a purchase price per Common Share of $0.10.

Goldcorp will not amend its offer for Osisko

GOLDCORP INC. today announced that it will not amend its offer to acquire all of the outstanding common shares of Osisko Mining Corporation. The offer will expire at 11:59 pm on April 22, 2014.

Gold Resource Corporation Reports Preliminary 2014 First Quarter Production

Gold Resource Corporation reports preliminary production results for the first quarter ended March 31, 2014 of approximately 23,700 precious metal gold equivalent ounces. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $95 million to shareholders in monthly dividends since declaring production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

McEwen Mining Inc Q1 Results Announced

McEwen Mining Inc announced its production results for the Q1 2014. Its total production for the Q1 was 32,146 gold-eq oz and was made up of 20,062 gold oz & 725,025 of silver oz. This represents the approximate rise of 14 percent in comparison to the Q1, 2013. The full-year guidance continues to be unchanged for this year and stands at 135,000-140,000 gold-eq. oz. The production costs are slated to be reported in 2014 May along with the financials for Q1. The company’s attributable production from its San José mine in Q1 2014 was 22,781 gold-eq. oz (10,767 gold oz & 720,830 silver oz).

Marlin Gold Files Amended and Restated Preliminary Prospectus for Equity Offering

Marlin Gold Mining Ltd. announces that the Company has filed an amended and restated preliminary prospectus in all of the provinces of Canada (other than Québec), which amends the preliminary prospectus of the Company filed on April 2, 2014. The amendments include the proposed pricing of the common shares, the proposed number of common shares to be issued, the aggregate gross proceeds anticipated to be raised, the use of proceeds and certain other matters disclosed in the Amended Prospectus. The Amended Prospectus is being filed in connection with a marketed public offering of common shares pursuant to which it is proposed that the Company will issue 100,000,000 common shares at a price of $0.10 per common share for aggregate gross proceeds of $10,000,000. As previously disclosed in the Company’s press release dated April 2, 2014, the Offering will be led by Cormark Securities Inc. and shall include a syndicate of underwriters including Dundee Securities Ltd., M Partners Inc., PI Financial Corp., Jacob Securities Inc. and Tempest Capital Corp. The closing of the Offering is subject to certain closing conditions including, but not limited to, the execution of an underwriting agreement with the Underwriters and all necessary regulatory approvals, including any required approvals of the TSX Venture Exchange.

Virgin Metals Inc. Announces Results of Special Shareholder Meeting and Change of Transfer Agent

Virgin Metals Inc. is pleased to announce that further to its press release of March 27, 2014, the shareholders of the Company approved all resolutions brought before them at the special meeting of Shareholders held on April 16, 2014, including: the approval and ratification of a shareholder rights plan; the approval and ratification of an advance notice by-law; and the approval of a share consolidation and name change, all as set out in the Company’s management information circular dated as of March 17, 2014.

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