Category: Investor’s Corner

VVC Signs Share Purchase Agreement

VVC Exploration Corporation is pleased to announce that further to its news release of September 5, 2013, the Share Purchase Agreement between VVC, Camex Mining Development Group Inc. and the shareholders of Camex has been signed by all parties. Pursuant to the terms of the Agreement, VVC will purchase all of the 6,649,200 issued and outstanding shares of Camex, in exchange for the issuance of 59,900,000 common shares of the Company (the “Issued Shares”) to the Vendors at closing. The Issued Shares will represent approximately 39.9% of all issued and outstanding common shares of the Company on a non-diluted basis, and approximately 33.0% on a fully-diluted basis. The Issued Shares will be subject to resale restrictions imposed by the TSX Venture Exchange for a period of 4 months from closing.

Sierra Metals Announces Dividend Reinvestment Plan And Third Quarterly Cash Dividend

Sierra Metals Inc. is pleased to announce its third quarterly cash dividend of approximately CAD$2.5 million, or CAD$0.016 per common share of the Company payable on October 31, 2013 to the holders of the issued and outstanding Common Shares as of the close of business on October 21, 2013. The Company is also announcing that it has adopted a dividend reinvestment plan effective immediately. Eligible shareholders may elect to participate in the Plan commencing with the third quarterly dividend announced today. Participation in the Plan is optional.

Focus Arranges $1.2M Private Placement

Focus Ventures Ltd. is pleased to announce that it has arranged, subject to stock exchange approval, a non-brokered private placement financing of up to 10 million units at $0.12 per unit, for proceeds of up to $1.2 million. Each unit will consist of one common share and one-half of a warrant, each full warrant entitling the holder to purchase one additional common share of the Company at $0.18 for two years from closing.

Primero Announces Intention to Delist From the Australian Securities Exchange (“ASX”)

Primero Mining Corp. today announced that it has requested approval from ASX Limited for its removal from the official list of the Australian Securities Exchange. The Company expects that delisting of its CHESS Depositary Interests will take place on or around three months from today, or the date approved by the ASX (whichever is the earlier). Following the expected delisting from the ASX, the common shares of Primero will continue to be listed on the New York Stock Exchange and the Toronto Stock Exchange.

NWM Updates Status of Previously Announced Debt Extension

NWM Mining Corporation announces that it has extended the due date of the current debt outstanding from September 30, 2013 to October 31, 2013. The extension provides a further one month for the ongoing documentation to be concluded with the Company’s lender (Renvest Mercantile Bancorp through its Global Resources Fund), as set out in the Company’s press release dated June 14, 2013. All other terms as were announced previously remain in place including the September 30, 2014 maturity date for the amended and restated credit agreement.

Kimber Announces Year End Financial Results

Kimber Resources Inc. has announced its financial results for the year ended June 30, 2013. All amounts in this news release are in Canadian dollars. The operating results were prepared in accordance with International Financial Reporting Standards. Kimber’s audited consolidated financial statements, management’s discussion & analysis and Annual Information Form for the year ended June 30, 2013 are now available on SEDAR at www.sedar.com.

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