Category: Investor’s Corner

SilverCrest Mines Announces $26.1 Million Bought Deal

SilverCrest Mines Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Dundee Securities Ltd., and including Canaccord Genuity Corp. to purchase 10,235,000 common shares of the Company at a price of $2.55 per Common Share for gross proceeds of $26,099,250 on a bought deal basis.

Primero Announces Positive Advance Tax Ruling

Primero Mining Corp. announced today that the Company’s Mexican subsidiary has received a positive ruling from the Mexican tax authorities (Servicio de Administración Tributaria) on its Advance Pricing Agreement filing made in October 2011. The ruling confirms that the Company’s Mexican subsidiary appropriately records revenue and taxes from sales under the silver purchase agreement1 at realized prices rather than spot prices effective from August 6, 2010.

Kootenay Silver Announces $6 Million Private Placement

Kootenay Silver Inc. is pleased to announce that it has entered into an agreement with Dundee Securities Ltd., on behalf of a syndicate including PI Financial Corp. under which the Agents have agreed to offer for sale, on a best efforts private placement basis, 5,720,000 units at a price of $1.05 per Unit for gross proceeds of $6,006,000.

Tarsis Resources doubles financing amount to $1.0 mln

Vancouver-based Tarsis Resources (CVE:TCC) late yesterday said that the financing it announced last month was oversubscribed, and has therefore increased the offering by more than double to $1.03 million.

Arian Silver awaiting definitive agreement for the 500tpd mill

Jim Williams, Arian Silver CEO (LON:AGQ CVE:AGQ) tells Proactiveinvestors that while the company is waiting for the interim mill to be agreed upon the ultimate goal is to work towards a bespoke mill to increase milling capacity and ultimately bring production costs right down. Jim also talks about Arian’s biggest shareholder which is also one of world’s biggest silver investors – Sprott Asset Management

Tarsis Increases Financing to $1.0 million

Tarsis Resources Ltd. is pleased to announce that the financing announced on September 16, 2012 has been oversubscribed. As a result, the offering has been increased from $502,500 to $1,030,500 and is fully subscribed.

Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.

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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.