Coeur Mining, Inc. reported first quarter 2014 revenue of $159.6 million, adjusted net loss1 of $19.5 million, and cash flow from operating activities of $(9.6) million ($14.9 million before changes in operating assets and liabilities). The Company realized average metal prices of $20.29 per silver ounce and $1,298 per gold ounce during the quarter, which were 33% and 20% lower, respectively, than during the first quarter of 2013.
Evrim Resources Corp. announces it has arranged a 5,000,000 share non-brokered private placement at $0.32 per share for gross proceeds of $1.6 million. The shares will be subject to a four month hold from the date of closing under Canadian Securities Law. Finder’s fees of six per cent will be paid to eligible parties in conjunction with the placement.
GREAT PANTHER SILVER LIMITED today reported financial results for the Company’s three months ended March 31, 2014. The full version of the Company’s unaudited condensed interim consolidated financial statements, and Management’s Discussion and Analysis can be viewed on the Company’s website at www.greatpanther.com, or SEDAR at www.sedar.com. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in Canadian dollars unless otherwise indicated.
Pan American Goldfields Ltd. announces that, as a result of its due diligence, Canarc Resources Corp has terminated its previously announced Letter of Intent with the Company with respect to a business combination.
Argonaut Gold Inc. is pleased to announce its financial and operating results for the first quarter ended March 31, 2014. All dollar amounts are expressed in United States dollars unless otherwise specified.
Tosca Mining Corp. has received final approval from the TSX Venture Exchange on May 01, 2014 for the first tranche of its previously announced non-brokered private placement. Terms of the financing are 6 cents per unit with each unit consisting of one common share and one share purchase warrant which is non-transferable. Each warrant is exercisable at a price of 8 cents per share for a period 12 months after closing and at a price of 10 cents for an additional period of 12 months thereafter.
Baja Mining Corp. wishes to provide an update on the Boleo Project construction budget and schedule and the updated Boleo Project technical report, based on the latest information provided to it by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V.
Cortez Gold Corp. is pleased to announce that Sarah Haney has joined the Company as Investor Relations Officer, to assist in the Company’s investor and shareholder relations program.
Red Tiger Mining Inc. announces that further to the new release of April 24, 2014, the Company applied to the Ontario Securities Commission, the principal regulator of the Company, for a management cease trade order, which the OSC issued on May 2nd. The MCTO imposes restrictions on trading in the Company’s securities by its Chief Executive Officer and Chief Financial Officer until the Company files the required filings, and the OSC makes an order revoking it. All other parties are permitted to freely trade the Company’s securities.
Vista Gold Corp. is pleased to announce the results of its 2014 annual general meeting of shareholders held in Vancouver, British Columbia on April 29, 2014. At the Meeting, all nominees listed in the management information and proxy circular for the Meeting were elected as directors of the Company. Detailed results of the vote by ballot are as follows:
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