Category: Investor’s Corner

VVC Exploration-Update on Acquisition of Shares of Camex

VVC Exploration Corporation is pleased to announce that, further to its news release of August 2, 2013, announcing shareholder approval in respect of the acquisition by VVC of all issued and outstanding shares of Camex Mining Development Group Inc. at the annual general and special meeting of shareholders of the Company held on July 30, 2013, the parties are in the process of gathering signatures on all required closing documents as well as finalizing the definitive documentation to be submitted to the TSX Venture Exchange.

Starcore International Mines Ltd.: Corporate Update

Having just announced its debt-free status after repaying the outstanding amount of $3.86 million on its credit facility, Starcore International Mines Ltd. reports on the current status of the Company:

Stroud Announces Closing of Private Placement

Stroud Resources Ltd. announced that it has raised $138,000 in its previously announced non-brokered private placement of units. Stroud has issued and sold 6,900,000 units at a price of $0.02 per unit, with each unit consisting of one common share and one-half of one non-transferable common share purchase warrant. Each whole share purchase warrant entitles the holder to acquire one common share at a price of $0.05 until August 30, 2014 and thereafter at a price of $0.10 until August 30, 2015. All securities issued pursuant to the private placement are subject to a 4-month hold period. One insider of Stroud participated in the private placement purchasing 1,250,000 units. Directors of Stroud not participating in the private placement have approved the transaction.

Oroco Announces Completion of the Sale of Cerro Prieto

Oroco Resource Corp. is pleased to announce the closing of the sale to Goldgroup Mining Inc. of a 100% interest in Oroco’s Cerro Prieto Project effected by way of the sale of the Company’s wholly-owned Panamanian subsidiary, Minera Polimetalicos Mexicanos, S.A. and its Mexican subsidiary, Minas de Oroco Resources, SA de CV, the owner of the mineral concessions making up the Cerro Prieto property.

Starcore Pays Final $3.68 Million Of Debt

Starcore International Mines Ltd. is debt-free and now owns the San Martin gold mine free and clear. The Company paid off the amount owing of $3,681,119.48 on the credit facility extended to it by Sprott Resource Lending in May, 2012, rendering the Company free of debt.

Arian Silver Completes Financing and Acquisition of Company-owned Mill

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the Zacatecas silver belt of Mexico, is pleased to announce that further to the Company’s news release of 23 August 2013, the Company has successfully completed its private placement debt financing in the principal amount of US$15,585,000 consisting of a senior secured convertible note and has, upon completion of the financing, completed the purchase of a processing plant with a capacity to treat up to 1,500 tonnes per day of silver-lead-zinc ore at a cost of US $3.12 million, as previously reported.

Santacruz Silver Provides Update on Second Quarter 2013 Operations

Santacruz Silver Mining Ltd. reports on its operations for the second quarter ending June 30, 2013. The Company’s financial statements and accompanying management discussion and analysis can be viewed on the Company’s web site at www.santacruzsilver.com or on SEDAR at www.sedar.com.

Arian Silver Consolidation Of Shares

Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, announces following the approval of its shareholders at its general meeting held on 29 August 2013, every 10 common shares of no par value each in the capital of the Company that were in issue as at 18:00 on 29 August 2013 will be consolidated into one new common share of no par value in the capital of the Company.

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