Category: Investor’s Corner

Vista Gold Corp. Announces Closing of Public Offering of Units

Vista Gold Corp. announced today the closing of its previously announced public offering of 4,182,550 units, which includes 545,550 units issued pursuant to the full exercise of the underwriters’ over-allotment option. The units were offered at a price to the public of US$2.75 per unit. Each unit is 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 a price of US$3.30 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.

Mercator Minerals Secures Debt Facility to Replace El Pilar Pre-Construction Credit Facility

Mercator Minerals Ltd., further to the Company’s September 28, 2012 press release, is pleased to announce that it has executed an agreement with RMB Australia Holdings Limited (“RMB”) for a $30 million corporate debt facility arranged by RMB Resources Inc., a resource financing division of the FirstRand Group of South Africa. The Company has drawn down $27.3 million of the Facility. The remainder of the Facility will be available to Mercator once certain security is registered in Mexico.

Yale Summarizes 2012

Yale Resources Ltd. is pleased to provide a summary of its activities in 2012 and give an overview of its plans for 2013.

First Majestic Buys Orko Silver for La Preciosa

“To add the amount of ounces we’re adding there are simply not a lot of opportunities. It was almost a must-have for us to add this asset to our portfolio,” said Keith Neumeyer, president and CEO of First Majestic Silver. He was describing Orko Silver’s La Preciosa project in Mexico, one of the largest undeveloped silver deposits in the world and a project his company has been eyeing for more than two years.

Argonaut Responds to Trading Inquiries

Argonaut Gold Inc. has received inquiries regarding recent insider trading reports filed by members of senior management. The Company has been advised that certain members of management have engaged in trading their shares for personal tax planning purposes prior to the end of the calendar year. The Company also understands that no member of senior management has any present intention to materially change his overall equity interest in the Company.

Why Agnico-Eagle is outperforming its peers

Agnico-Eagle Mines Ltd., Canada’s fifth-biggest gold producer, is outperforming global competitors including Barrick Gold Corp. after overcoming weather conditions at its Arctic mine that sent costs soaring.

Silver Standard Resources Files Technical Report for Pitarilla

Silver Standard Resources Inc. announced today that it has filed a technical report titled “NI 43-101 Technical Report on the Pitarrilla Project, Durango State, Mexico” in compliance with National Instrument 43-101 requirements and in support of the Company’s December 4, 2012 news release announcing the results of the Feasibility Study for its 100% owned Pitarrilla Project. The 2012 Pitarrilla Technical Report is available on SEDAR at www.sedar.com and on the Company’s website at www.silverstandard.com.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.