Category: Investor’s Corner

El Tigre Silver Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of an aggregate of 6,000,000 units of the Company for aggregate gross proceeds of $1,500,000. Each Unit consists of a 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 24 months from the date of issue at a price of $0.38 per share, provided that, if over a period of 20 consecutive trading days after the expiry of the hold period on the warrants, the daily volume weighted average trading price of the common shares of the Company on the TSX Venture Exchange (or such other stock exchange on which such shares are listed) is greater than $0.50, then at the Company’s discretion, it may, within 10 days of such 20 day period, accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.

Fourth quarter gold production was a record 769,000 ounces at all-in sustaining cost of $810 per ounce driven by great operating results at Peñasquito and Red Lake as well as higher throughput at Pueblo Viejo. Our operation for excellence continues improvement initiative (indiscernible) also contributed significantly to bringing down our overall cost as we gained efficiency and productivity improvements across all of our sites.

Teck Resources Ltd. reported a $232-million profit in the fourth quarter but said its revenue in the last three months of 2013 was cut by sharp declines in metal and coal prices.

Shares of Freyja Resources surged over 25% on Thursday after the company announced the results from its initial sampling program completed last year on its Las Cristinas copper-silver project, which it is planning to take to production by the end of 2014.

Goldcorp Inc. reported a US$1.1-billion loss in the fourth quarter due to a big tax charge in Mexico and other one-time charges.

On January 20, 2014 the Board of Directors of Osisko Mining Corporation, on the recommendation of its Special Committee, unanimously recommended that shareholders reject the unsolicited hostile offer from Goldcorp Inc. The Osisko Board determined that the Goldcorp offer fails to adequately compensate you for the strategic value of Osisko’s world-class asset base, the significant upside potential of Osisko’s Canadian Malartic Mine, or the increased risk inherent in Goldcorp shares, which represent more than half of the consideration on offer.

Red Tiger Mining Inc., is pleased to provide the following operational update. As a result of recent levels of copper production at its Luz del Cobre copper mine in Sonora, Mexico, the Company’s wholly owned subsidiary, Minerales Libertad, has generated sufficient free cash flow to pay all previously overdue taxes owing to the Mexican Tax Authorities. As such, Minerales is now in good standing under its Loan Agreement with Deutsche Bank.

GOLDCORP INC. reported record fourth quarter gold production1 of 768,900 ounces, compared to gold production of 700,400 ounces for the fourth quarter of 2012. Adjusted quarterly revenues1 were $1.2 billion, generating adjusted net earnings1,2 of $74 million ($0.09 per share), compared to adjusted revenues of $1.4 billion and adjusted net earnings of $465 million ($0.57 per share), for the fourth quarter of 2012. Adjusted operating cash flow1,3 was $439 million ($0.54 per share), compared to $723 million ($0.89 per share), for the fourth quarter of 2012.

Primero Mining Corp. today reported financial and operational results for the fourth quarter and year ended December 31, 2013. Despite the commodity price decline in 2013 it was a successful year for Primero, with record production driving an increase in revenue over 2012. The Company reported record revenues of $200.3 million and strong adjusted net earnings1 of $38.7 million ($0.36 per share) in 2013.

Teck Resources Limited reported annual adjusted profit attributable to shareholders of $1.0 billion, or $1.74 per share, compared with $1.8 billion or $3.03 per share in 2012. Fourth quarter adjusted profit attributable to shareholders was $227 million, or $0.40 per share, compared with $409 million, or $0.70 per share, in the fourth quarter of 2012.