Blue Sky Uranium Corp. and Windstorm Resources Inc. are pleased to announce that, at the special meeting held June 28, 2012, Windstorm received the necessary shareholder approval of the plan of arrangement pursuant to which Blue Sky will acquire all of the outstanding common shares of Windstorm and Windstorm will become a wholly-owned subsidiary of Blue Sky.
Southridge Enterprises Inc. is pleased to announce that Southridge Minerals, Inc., its wholly owned subsidiary, today has executed an agreement with Duvernoi Capital Investments Inc. providing for a $3,500,000 financing. This financing is in the form of a convertible debenture with terms stipulating an interest rate of 8.8% and a loan repayment term of 32 months from the date of execution of the agreement, by way of cash or through the conversion of shares of Southridge stock. The repayment terms of the financing are amenable to the Company’s property development schedule and to future financings plans to retire the debt.
Victory Resources Corp. is pleased to announce that it has entered into an agreement with GEM Global Yield Fund Limited for a $5.0 million CDN financing commitment. Funds raised through this facility will be used for the ongoing drill program and the subsequent engineering work to bring the Reforma mine to feasibility. Funds will also be used for the development of the Company’s recently optioned Boleo property in Mexico, the Toni property located near Merritt, B.C., as well as general working capital.
Premier Gold Mines Limited and Bridgeport Ventures Inc. are pleased to announce that they have entered into a non-binding letter of intent that sets forth the basic terms of the proposed acquisition by Bridgeport of Premier Gold’s wholly-owned subsidiary, Premier Royalty Corporation.
Prospero Silver Corp. is pleased to announce that shareholders of the Company approved all resolutions brought before them at the Company’s Annual General Meeting held in Richmond, British Columbia on June 27, 2012.
Seafield Resources Ltd. is pleased to announce that Giovanny Ortiz has been appointed Vice President, Exploration for the Company, effective immediately. As Seafield’s VP, Exploration, Mr. Ortiz will lead the Company’s continued efforts to develop its Quinchia Gold project in Colombia, with a focus on moving the Miraflores Deposit toward feasibility level. He will also spearhead the regional exploration program within the Company’s 100%-owned, 6,757 hectare land package. Seafield’s previous Vice President, Exploration, Tom Henricksen, will remain as the Company’s Consulting Geologist.
Bell Copper Corporation announces that Messrs. Keith Droste, Richard Ternieden and Michael Werner were re-elected as directors and McGovern, Hurley, Cunningham, LLP was re-appointed as the Company’s auditor at the annual and special meeting of shareholders of the Company held yesterday in Toronto.
First Majestic Silver Corp. and Silvermex Resources Inc. are pleased to announce the positive results from the Silvermex annual general and special meeting held today in Vancouver, Canada. Silvermex shareholders, warrantholders and optionholders overwhelmingly voted in favour of the previously announced plan of arrangement whereby First Majestic will acquire all of the issued and outstanding common shares of Silvermex.
A senior gold mining executive is leaving Agnico-Eagle Mines Ltd. to join rival Barrick Gold Corp.
El Tigre Silver Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of 400,000 units of the Company for aggregate gross proceeds of $100,000. Each Unit consists of common share of the Company and one-half of a common share purchase warrant. Each whole Warrant entitles the holder to acquire an additional common share of the Company for a period of 18 months from the date of issue at a price of $0.40 per share.
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.
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.
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The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
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