Category: Investor’s Corner

Avino Silver & Gold Mines Ltd. is pleased to report its financial results for the quarter ended March 31, 2014. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in Canadian dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2013 and associated management discussion and analysis which are available on the Company’s website at www.avino.com and under the Company’s profile on SEDAR at www.sedar.com.

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports record earnings and production for 2014 Q1, with an increase in gross revenue of 54% over the previous Quarter. For the first quarter ending March 31, 2014, gross revenue was $1,064,370 as compared to the previous quarter endingDecember 31, 2013, having gross revenues of $689,343.

YAMANA GOLD INC. today announced Daniel Racine has joined the Company’s senior management as Senior Vice President, Canadian Operations and Mine Planning & Development, effective immediately. Mr. Racine most recently held the position of President and Chief Operating Officer for Brigus Gold Corporation. Prior to that role, Mr. Racine was Senior Vice President Mining at Agnico Eagle Mines Limited (“Agnico”) where he oversaw Agnico’s global mining operations. Mr. Racine joined Agnico in 1988 as a junior mining engineer and over his tenure progressively took on more responsibility including positions as Mine Manager at Laronde, Vice President Operations and Senior Vice President Operations. Mr. Racine has over 25 years of experience in the Canadian mining industry with extensive experience in Quebec.

Scorpio Mining Corporation today issued a letter to shareholders. With the June 10, 2014 proxy deadline fast approaching, shareholders are urged to vote the Company’s WHITE proxy today.

Citation Resources Inc. and Inlet Resources Ltd. are pleased to announce that, further to their press releases of April 22, 2014 in respect of their planned business combination, the companies have entered into a definitive arrangement agreement dated as of May 27, 2014. The transaction will effectively combine the assets of both companies on a consolidated basis, with Citation becoming a wholly-owned subsidiary of Inlet.

Evrim Resources Corp. is pleased to announce that it has closed the non-brokered private placement announced on May 7, 2014. The company has issued 5,000,000 shares for gross proceeds of $1,600,000. The shares will be subject to a 4 month hold expiring on September 28, 2014. Proceeds from the Private Placement will be used for exploration and working capital purposes. Finder’s fees of $26,016 were paid in conjunction with the Private Placement.

IMPACT Silver Corp. announced today its financial results for the three months ended March 31, 2014. The information in this news release should be read in conjunction with the Company’s unaudited condensed consolidated interim financial statements and Management’s Discussion and Analysis, available on the Company website at www.impactsilver.com and on SEDAR at www.sedar.com. All amounts are stated in Canadian dollars unless otherwise specified.

Fortune Bay Corp. announces that it has initiated a strategic review process to explore alternatives for the enhancement of shareholder value. The review will consider various alternatives for the Company, including the potential sale of the Company’s exploration assets, and any other options identified by executive management with the fundamental objective of realizing the best value for the Company’s shareholders.

Marlin Gold Mining Ltd. announces that it has closed its previously announced credit facility with Sprott Resource Lending Partnership for $10,000,000. The Loan will bear interest at a rate of 10% per annum, and will be secured against all of the assets of Marlin and the majority of the assets of its subsidiaries. However, the conditions of the Loan allow for the shares of Sailfish Royalty Corporation (a wholly-owned subsidiary of Marlin) to be distributed by Marlin to its shareholders on a pro-rata basis. The Loan will be payable in full on or before October 31, 2015, subject to certain prepayment rights in favour of Marlin. Medalist Capital Ltd. was paid a finder’s fee of 2% in connection with the Loan.

Precipitate Gold Corp. is pleased to announce that it has completed a non-brokered private placement of 6,953,333 units of the Company at a price of C$0.15 per unit for gross proceeds of C$1,043,000.