Category: Investor’s Corner

Canarc Resource Corp. wishes to provide additional information regarding the continued listing review being conducted by the Toronto Stock Exchange.

Goldcorp announced a monthly dividend on Tuesday, July 8th, AmericanBankingNews.com reports. Shareholders of record on Thursday, July 17th will be paid a dividend of 0.05 per share on Friday, July 25th. This represents a $0.60 annualized dividend and a dividend yield of 2.16%. The ex-dividend date is Tuesday, July 15th.

Endeavour Silver Corp. reports strong silver and gold production results in the Second Quarter, 2014, trending ahead of guidance year to date. The Company owns and operates three silver-gold mines in Mexico: the Guanaceví mine in Durango state and the Bolañitos and El Cubo mines in Guanajuato state.

Avino Silver and Gold Mines Ltd. is pleased to announce that further to its press release dated June 26, 2014, it has privately acquired 9,500,000 common shares of Bralorne Gold Mines Ltd. for a purchase price of CAD$0.28 per share (CAD$2.66 million in total), representing approximately 33.3% of Bralorne’s total issued and outstanding shares. Other than 179,149 common shares of Bralorne previously held by Avino, neither Avino, nor any other persons acting jointly or in concert with Avino, previously held any other securities of Bralorne. Accordingly, Avino owns upon completion of the transaction, a total of 9,679,149 common shares of Bralorne, representing approximately 34% of the total issued and outstanding shares of Bralorne.

Agave Silver Corp. today announced that Dr. Darryl Drummond, P.Eng. has retired from the Board of Directors of the Company effective immediately. Dr. Drummond will remain with the Company in an advisory capacity on an ad hoc basis as required. Additionally, the Company is pleased to announce that Dr. Derek McBride, P.Eng. (Ontario/British Columbia) and Mr. Rob Paul have been appointed to the Board of the Company effective immediately.

An active gold mine in Amador County could have a new major shareholder as part of a debt restructuring for Sutter Gold Mining Inc.

YAMANA GOLD INC. today announced Barry Murphy has joined the Company’s senior management as Senior Vice President, Technical Services, effective September 3, 2014. In his new role, Mr. Murphy will be responsible for all project development and construction, and help develop Yamana’s strategy for optimizations, expansions and corporate development.

Coeur Mining, Inc. today announced preliminary second quarter production of 4.5 million ounces of silver and 61,025 ounces of gold, or 8.1 million silver equivalent ounces1, an increase of 7% compared to the first quarter.

GoGold Resources Inc.is pleased to announce the successful completion of its early warrant exercise incentive program as described in a press release dated June 20, 2014. In connection with the Warrant Incentive Program, 6,046,650 Warrants were exercised, providing gross proceeds of $9,131,940 to the Company and resulting in the Company issuing 6,696,756 Common Shares.

OMEX announced June 4th that the Environmental Report (EIA) for Oceanica was “completed and ready to be filed shortlyâ€?: as it is STILL not filed, this is clearly deliberate.

We believe OMEX has chosen not to file the EIA because they know it will expose the project as environmentally and economically unviable: most mining projects die in this phase.

OMEX appears to be desperately attempting to raise capital to cover a current cash balance under $2mm that is likely to be zero soon, as cash burn remains $3mm/month.

An Oceanica capital raise would immediately be funneled to OMEX corporate to pay high compensation and ongoing cash burn, while diluting OMEX shareholders’ upside.

Management statements now backtracking JP Morgan involvement: definitively NOT assisting OMEX on a capital raise for Oceanica, only potential “strategicâ€? deals, which we are highly doubtful of.