GOLDCORP INC. is pleased to declare its third monthly dividend payment for 2015 of $0.05 per share. Shareholders of record at the close of business on Thursday, March 12, 2015 will be entitled to receive payment of this dividend on Friday, March 20, 2015.
Paget Minerals Corp. wishes to announce that it has completed the shares for debt transaction announced on January 19, 2015 after receiving the approval of the TSX Venture Exchange to settle indebtedness with a creditor of the Company.
Levon Resources Ltd. is issuing this press release at the request of Market Surveillance at IIROC on behalf of the Toronto Stock Exchange. Levon confirms that while no material change has occurred in the Company’s business or operations, the Company is in discussions with a non-resources issuer regarding a proposed corporate transaction. There can be no assurance that these discussions will result in a transaction, or on what terms. Until such time as a transaction has been agreed, at which time the Company will provide full information, the Company does not intend to make any further comment on this matter.
The Independent Technical Report was completed by Allan Armitage, PhD, P. Geo. and Joe Campbell, B.Sc., P. Geo., of GeoVector Management Inc. following the guidelines of the Canadian Securities Administrators National Instrument 43-101 and Form 43-101F1. The report titled “Updated Mineral Resource Estimate on the San Gregorio/Las Carolinas Zones, La Cigarra Silver Project, Chihuahua, Mexcio” is filed on SEDAR and can be viewed on the SEDAR website at www.sedar.com as well as the Northair website at:www.northairsilver.com.
For the year ending December 31, 2014 Golden Minerals recorded revenue of $0.2 million and costs of metals sold of $1.7 million at the Velardena Properties in Mexico for a negative gross margin of $1.5 million. Included in the cost of metals sold is a $1.2 million write down of finished goods inventory to estimated net realizable value. Revenue and cost of sales figures reflect approximately two months of testing the refurbished plant and processing of low grade material primarily mined for development. Mining recommenced in July 2014 and processing in November 2014 after mining activity was suspended in June 2013. The Company recorded a 2014 net loss of $18.8 million.
Morro Bay Resources Ltd. announces it has filed its Q1, 2015 consolidated condensed interim financial statements and the related managements discussion and analysis of those financial statements. Copies of the Financial Statements and MD&A can be viewed at www.sedar.com or on the Companys website at www.morrobayresources.com.
Tarsis Resources Ltd. has entered into lockup agreements with Estrella Gold Corporation officers, directors and large shareholders pursuant to which the parties agreed to refrain from selling or transferring an aggregate of 22,907,325 shares of Estrella’s common stock they own, representing 49.1% of the total issued and outstanding Estrella’s shares, until the Plan of Arrangement between Tarsis and Estrella has been completed and the new entity is formed.
Source Exploration Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of 12,725,000 units at a price of $0.08 per Unit for gross proceeds of $1,018,000.
SilverCrest Mines Inc. announced today that N. Eric Fier, President and Chief Operating Officer, has taken a partial leave of absence to deal with certain matters of personal health. Dunham L. Craig, Director, has been appointed Interim President and will assume the President’s responsibilities on a temporary basis until further stages of a succession plan developed by the Board of Directors can be implemented. Mr. Fier will remain as COO and Director of SilverCrest…
Mexichem, S.A.B. de C.V. today announced its unaudited results for the fourth quarter and Full Year ended December 31, 2014. The figures have been prepared in accordance with International Financial Reporting Standards having US dollars as the functional and reporting currency. All comparisons are made against the same period of the prior year, unless specified to the contrary.
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