Category: Investor’s Corner

Goldcorp Inc. announced Wednesday that it intends to nominate eleven directors to board of Osisko Mining Corp.

Osisko Mining Corporation, Yamana Gold Inc. and Agnico Eagle Mines Limited are pleased to announce that they have entered into an agreement pursuant to which Yamana and Agnico Eagle will jointly acquire 100% of Osisko’s issued and outstanding common shares for total consideration of C$3.9 billion or C$8.15 per share. The total offer consists of approximately C$1.0 billion in cash, C$2.3 billion in Yamana and Agnico Eagle shares, and creation of a new company with an implied value of approximately C$575 million.

Alta Vista Ventures Ltd. is pleased to report that all resolutions were passed at its Annual General Meeting held on April 11, 2014. The Board of Directors and management would like to thank all shareholders for their continued support and confidence.

Torex Gold Resources Inc. is pleased to announce the signing of a binding commitment letter with Bank of Montreal, BNP Paribas, Commonwealth Bank of Australia, ING Bank N.V., Société Générale, and The Bank of Nova Scotia in connection with a planned US $375 million 8.25-year senior secured project finance facility for the development of the El Limon — Guajes Project (the “Project”), located on the Company’s 100% owned Morelos Gold Property in Mexico. The commitment letter confirms that each bank has committed to provide its designated share of the Loan Facility and sets out the terms and conditions of the Loan Facility in a term sheet attached thereto. The Loan Facility is comprised of two facilities, a project finance facility of US $300 million and a cost overrun facility of US $75 million. Advances under the PFF will bear interest at a rate of LIBOR + 4.25% to 4.75% and advances under the COF will bear interest at the same rate plus an addition of up to a maximum of 3%. The Term Sheet includes standard and customary project finance terms and conditions with respect to fees and conditions precedent to closing and advances thereunder (including satisfaction of remaining customary due diligence and other approvals) and also remains subject to the completion and execution of definitive loan documentation. One of the customary due diligence items that remains outstanding is the acceptance, by the Banks, of the Environment and Social Impact Assessment, which is anticipated to be complete in early May.

Sutter Gold Mining Inc. announces that the Board of Directors has appointed a new Chief Financial Officer in an effort to further reduce ongoing general and administrative costs while maintaining financial and reporting standards.

Energold Drilling Corp. is pleased to announce that it has appointed Marlene Stewart as Corporate Secretary.

Sierra Metals Inc. is pleased to announce its production results for the first quarter of 2014.

Argonaut Gold Inc. announced today that the Company had production of 30,963 gold equivalent ounces during the first quarter ended March 31, 2014. This included 22,171 GEOs at its 100% owned El Castillo Mine located in Durango, Mexico and 8,792 GEOs at its 100% owned La Colorada Mine located near Hermosillo, Mexico.

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to announce first quarter 2014 production results from the La Platosa Mine in Durango, Mexico.

Scorpio Mining Corporation reports that production from the Nuestra Señora Operations totalled 556,911 silver equivalent ounces in the first quarter ended March 31, 2014.