Category: Investor’s Corner

Source Exploration Corp. is pleased to announce that it has arranged a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.08 per Unit for gross proceeds of up to $800,000. Each Unit will consist of one common share of the Company and one half of one common share purchase warrant. Each Warrant will entitle the holder to purchase one common share of the Company for a period of twenty-four months from the closing date of the Private Placement (subject to early expiry) at a price of $0.08 per common share.

SilverCrest Mines Inc. is pleased to announce record production of 2.81 million ounces AgEq for 2014, record production of 936,742 ounces AgEq for the fourth quarter of 2014, and guidance for 2015 from its 100% owned Santa Elena Mine located in Sonora, Mexico. In 2014, the Santa Elena Mine successfully transitioned from an open pit heap leach operation to an underground mining and milling operation. For additional information and to view photos and videos, please visit the Company’s website at www.silvercrestmines.com.

GREAT PANTHER SILVER LIMITED provides its fourth quarter and annual 2014 production results at its two wholly-owned Mexican silver mining operations, the Guanajuato Mine Complex, which includes the new San Ignacio satellite mine, and the Topia Mine.

McEwen Mining Inc. is pleased to announce Q4 and 2014 full-year production results.
In Q4 2014, the Company produced a quarterly record of 27,412 gold oz and 973,417 silver oz.
In 2014 the Company produced an annual record of 84,363 gold oz and 3,195,693 silver oz.

Capstone Mining Corp. has entered into an amended Senior Secured Corporate Revolving Credit Facility for up to $500 million with Scotiabank (Co-Lead Arranger, Joint Bookrunner and Administrative Agent) and Canadian Imperial Bank of Commerce (Co-Lead Arranger, Joint Bookrunner and Syndication Agent). Other syndicate lenders include Citibank, N.A., Canadian Branch; Wells Fargo Bank N.A., Canadian Branch; Export Development Canada; Bank of Montreal; Mizuho Bank, Ltd.; and ING Capital LLC. This facility amends Capstone’s existing senior secured corporate revolving term facility and allows for the repayment and cancellation of the existing senior secured reducing revolving credit facility.,

Fortuna Silver Mines, Inc. is pleased to announce 2014 production figures from its two underground operating silver mines located in Latin America, the San Jose Mine in Mexico and the Caylloma Mine in Peru. The company produced 6.6 million ounces of silver and 35.3 thousand ounces of gold or 8.7 million Ag Eq* ounces.

Orex Minerals Inc. announces a non-brokered private placement offering of 4,800,000 common shares of the Company at a price of $0.25 per share for gross proceeds of $1,200,000. Orex intends to use the net proceeds of the Private Placement for continued exploration and development of its Los Crestones Property located in Sinaloa, Mexico and for general corporate and working capital purposes.

CANGOLD LIMITED reports that it has received a 45 day extension, to March 2, 2015, on the next option payment for the acquisition of the Guadalupe de los Reyes Project located in Sinaloa, Mexico.

GOLDCORP INC. today announced the promotion of Brent Bergeron to Executive Vice President, Corporate Affairs and Sustainability. In a related move, Jerry Danni has been promoted to Senior Vice President, Sustainability reporting to Bergeron. The Company also announced that Russell Ball, Executive Vice President, Capital Projects will oversee the Company’s corporate development function. Both Mr. Bergeron and Mr. Ball will continue to report to Goldcorp President and Chief Executive Officer Chuck Jeannes.

“The second quarter marked an important time for Silver Standard’s future. With the acquisition of the Marigold mine complete, we have grown substantially to become the operator of two large open pit mines,” said John Smith, President and CEO. “Our silver-equivalent production and sales increased by 81% and 91%, respectively, compared to the first quarter and we are on track to achieve improved results for the remainder of 2014. We continue to focus on the optimization and life-of-mine plan for Marigold and consistent delivery at Pirquitas. With the addition of our second producing mine, a healthy balance sheet and proven management capability, we are positioned for further growth and success.”