Category: Investor’s Corner

Starcore International Mines Ltd. has filed the results for the first quarter ended October 31, 2012 for the Company and its mining operations. The full version of the Company’s Financial Statements and Management’s Discussion and Analysis can be viewed on the Company’s website at www.starcore.com, or SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in thousands of Canadian dollars unless otherwise indicated.

Oroco Resource Corp. today announces that it has closed the first tranche of a non-brokered private placement financing previously announced by news release dated November 19, 2012. The Company has raised gross proceeds of $654,250 in this first tranche closing through the sale of a total of 3,271,250 units at a price of $0.20 per unit. Each unit consists of one common share and one half of one common share purchase warrant. Each whole share purchase warrant will be exercisable into one additional common share for a period of 18 months at a price of $0.35 per share. The securities issued in connection with this private placement will be subject to a four-month hold period in accordance with applicable Canadian Securities Laws. Finder’s fees of $31,775 have been paid in connection with the closing of the first tranche.

AuRico Gold Inc. announces the appointment of Robert J. Chausse as Executive Vice President and Chief Financial Officer effective January 21, 2013.

Vista Gold Corp. announced today that it has filed a preliminary prospectus supplement pursuant to its base shelf prospectus dated April 19, 2012 with the securities regulatory authorities in each of the provinces and territories of Canada, other than Quebec, and with the U.S. Securities and Exchange Commission pursuant to its effective registration statement on Form S-3, pursuant to which the Company proposes to complete an offering of units upon terms to be determined in the context of the market. Each unit will be comprised of one common share of the Company and one-half of one common share purchase warrant, with each whole warrant exercisable to purchase one common share of the Company’s stock at an exercise price to be determined in the context of the market for a period of 24 months from the closing of this offering. The Company will not apply for the listing of the warrants on any stock exchange.

Catalyst Copper announced the results from the La Verde project’s NI 43-101 Technical Report, including a Preliminary Economic Assessment.

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 Company’s 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.

Starcore International Mines Ltd. is pleased to announce results for a recently completed Reserve estimate for its San Martin Mine in Queretaro, Mexico.

Defiance Silver Corp is pleased to announce that Brian Robertson and Ron Sowerby have joined the Board of Directors of Defiance.