Category: Investor’s Corner

Riverside Resources Inc. is pleased to announce that Dr. Greg Myers has joined Riverside’s management team as the Company’s Vice President of Exploration. Dr. Myers is a Professional Geologist with over 35 years of experience in the mining industry. Prior to joining Riverside, Dr. Myers was most recently working in Mexico and Nicaragua as the President and CEO of Caza Gold. His earlier roles included VP, Business Development at Pacific Northwest Capital, President of Mystery Creek Resources and Project Manager/Consulting Geologist for Fire River Gold Corp. Dr. Myers was also the Manager of Mine Exploration for BHP Minerals at the Tintaya copper-gold mine in Peru. During his three year tenure the mine reserves there increased from 48 million tonnes to more than 170 million tonnes. Dr. Myers holds a Ph.D. in geology from Washington State University and a M.Sc. from the University of Alaska.

GREAT PANTHER SILVER LIMITED today announced the appointment of Ali Soltani as the Company’s new Chief Operating Officer. Mr. Soltani has more than 30 years of mining experience in precious metals and copper with Newmont Mining and Phelps Dodge. In his most recent roles at Newmont he served as Vice President of Technical Services, and as Group Executive with overall responsibility for the company’s South American operations. In his new role, Mr. Soltani has responsibility for overseeing Great Panther’s operations, and will be based in the Company’s head office in Vancouver.

MAG Silver Corp., announces that it has issued 706,000 common shares at C$10.25 per share upon the remaining exercise of the over-allotment option related to the previously closed C$79 million bought deal financing. With this further exercise of the over-allotment option, which is now fully exercised, the additional gross proceeds of C$7,236,500 brings the total gross proceeds raised from the full offering to C$86,284,500. The Company’s cash position is now approximately US$90 million with no debt.

Mercator Minerals Ltd. announces, further to the August 1, 2014 press release, that its indirect wholly-owned subsidiary, Mineral Park Inc. has not reached agreement with the syndicate of lenders under the MPI credit facility to extend their forbearance in exercising any rights and remedies (as a result of continuing defaults) under the Credit Facility beyond August 15, 2014.

MAG Silver Corp. announces the Company’s unaudited financial results for the three and six months ended June 30, 2014. For complete details of the second quarter unaudited Condensed Interim Consolidated Financial Statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in United States dollars unless otherwise specified.

Argonaut Gold Inc. is pleased to announce its financial and operating results for the second quarter ended June 30, 2014. All dollar amounts are expressed in United States dollars unless otherwise specified.

Pan American Silver Corp. produced 6.56 million ounces of silver and 37,700 ounces of gold during the second quarter of 2014, an increase of 6% and 26%, respectively from the second quarter of 2013. All-in sustaining costs per silver ounce sold, net of by-product credits, declined 14% from the second quarter of 2013 to $18.23 per silver ounce. The Company also posted consolidated cash costs per payable silver ounce produced, net of by-product credits of $12.06, similar to the $12.09 recorded in the second quarter of 2013. Year-to-date, Pan American has produced 13.18 million ounces of silver and 83,600 ounces of gold at AISCSOS of $16.82 and Cash Costs per Ounce of $10.15.

SilverCrest Mines Inc. is pleased to announce its financial results for the second quarter ended June 30, 2014. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in U.S. dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2014, and associated management discussion and analysis which are available from the Company’s website atwww.silvercrestmines.com and under the Company’s profile on SEDAR at www.sedar.com.

Pan American Silver Corp.’s Board of Directors has approved the third quarterly cash dividend of 2014 in the amount of $0.125 per common share. Should the Company’s Board of Directors continue to approve future quarterly dividends in the same amount, the annual cash dividend paid by Pan American would be $0.50 per common share, which represents a yield of approximately 3.3% based on the Company’s closing share price on NASDAQ on August 13, 2014.

Jim Bannantine, the Company’s President and CEO, stated “Aura’s continued focus on operational efficiencies and effective cost reduction programs has resulted in a profitable quarter for the Company. The first half of 2014 was relatively in-line with our production expectations and we are on track to meet 2014’s guidance. Aura has been able to utilize the operating cash flow generated to manage its third party debt.