Category: Investor’s Corner

Mr. Gonzales is originally from Peru and has more than 30 years of experience in the mining industry. He is currently a member of the Board of Directors of HudBay Minerals Inc. From 1998 to 2013, Mr. Gonzales was with Barrick Gold Corporation, most recently as Executive Vice President and Chief Operating Officer. Between 1980 and 1996, Mr. Gonzales served in various roles with Southern Peru Copper Corporation.

Mammoth Resources Corp. would like to announce a third tranche closing of $283,500 in additional subscriptions for total proceeds of $554,120 on its previously announced private placement financing to include up to 10,000,000 units of the company’s shares at a price of $0.05 per Unit. Each Unit will be comprised of one common share of the Company and one common share purchase warrant. Each Warrant will entitle 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 $0.08 per common share for the first 12 months and $0.10 per common share for the following 12 months as permitted by TSX-V regulations.

DynaResource, Inc. is pleased to announce the appointment of Mr. Chad Mooney to the position of Executive Vice President-Capital Markets, effective immediately. Mr. Mooney has over 35 year’s highly productive history on Wall Street, and brings with him an extraordinary record of achievement in financial management and public and private capital markets. Mr. Mooney previously built a top 10 business at Smith Barney, where he was the largest equity syndicate producer, as well as having the largest listed equity trading business. Mr. Mooney chaired the Director’s Advisory Group at Smith Barney, representing all financial advisors at Smith Barney, and he reported directly to his mentor, Mr. Jamie Dimon, the current Chairman and CEO of financial giant, JP Morgan Chase & Co. From 1990 to 2004, Mr. Mooney served as Director of Investments for Smith Barney, and personally oversaw and advised $ 3.5 B. in client assets. In 2000, after playing a key role in building the largest water company in the world (U.S. Filter, a NYSE Listed Company) Mr. Mooney coordinated the sale of U.S. Filter to Vivendi, for $ 8.1 B Cash. Joining DynaUSA, Mr. Mooney is expected to work directly with Company Chairman-CEO Mr. K.D. Diepholz, and will manage the Company’s interface with public and private capital, capital markets, Investment Banks and Investors.

Aurcana Corporation is pleased to announce that it has executed definitive agreements with MF2 Investment Holding Company Limited, part of Orion Mine Finance Fund I, for a loan facility in the principal amount of US$50,000,000 and an Offtake Agreement for silver and gold produced at the Company’s Shafter mine. A total of approximately US$13 million from the Loan proceeds will be used by the Company to complete the construction and upgrade work for Shafter mine and the balance of the Loan will be used to repay certain indebtedness and for otherwise advancing the La Negra and Shafter mines.

Orex Minerals Inc. announces that it has completed the non-brokered private placement described in its news release of September 10, 2013, issuing a total of 8,228,600 units at a price of 25 cents per unit for total gross proceeds of $2,057,150. 5,547,900 of the units sold were flow-through units.

GoGold Resources Inc. is pleased to announce that it has executed definitive agreements with Orion Mine Finance Fund I in connection with the US$35 million debt and equity financing previously announced on July 12, 2013. The private placement and debt financing are expected to close prior to the end of September 2013.

Lincoln Mining Corporation, announces that further to its news release of August 13, 2013, the Company received shareholder approval at the Company’s annual general meeting held on September 16, 2013 to consolidate the Company’s common shares on the basis of one post-consolidation common share for every five pre-consolidation common shares.

Rare Earth Minerals has made further market investments totalling $0.186 million in Bacanora Minerals Limited and Western Lithium USA Corporation.

On September 10, Gold Resource Corporation announced the sudden retirement decision of its chief executive officer William Reid. As per the company’s submission to SEC, Mr Reid retirement will come into effect from the end of this month. Reid has consented to continue as the Chairman of the company’s board of directors in order to effect a smooth transition. The board of directors have elected Mr Jason Reid to take the place of William Reid as CEO. He is currently serving as the president of the company and is also serving on the board of directors.

Endeavour Silver Corp. today announced updated production guidance for 2013. Endeavour is a mid-cap silver mining company that owns and operates three underground silver-gold mines in Mexico, the Guanacev� mine in Durango state and the Bola�itos and El Cubo mines in Guanajuato state.