Greg Myers, CEO and President of Caza Gold Corp., announces that the Company has granted approximately 2.8 million stock options to directors, officers, consultants and employees, with an exercise price of $0.15 per share. The options are exercisable for a period of five years and are subject to vesting provisions.
Argonaut Gold Inc. is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2013. All dollar amounts are expressed in United States dollars unless otherwise specified.
SilverCrest Mines Inc. is pleased to announce its audited consolidated financial results for the fourth quarter and year ended December 31, 2013. The fourth quarter and 2013 year end financials results reflect a one-time non-cash deferred tax accounting adjustment of $5.8 million as a result of the enactment of the Mexican Tax Reform. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in U.S. dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2013 and associated management discussion and analysis which are available from the Company’s website at www.silvercrestmines.com and under the Company’s profile on SEDAR at www.sedar.com.
The new board of directors of Oremex Silver Inc. is pleased to report that it has begun making progress on a number of fronts since it has assumed leadership of the Company.
Orex Minerals Inc. is pleased to announce that it has closed the first tranche of its private placement announced on February 27, 2014, issuing 8,658,000 units of the Company at a price of $0.25 per Unit for aggregate gross proceeds of $2,164,500. Each Unit consists of one common share and one half of a common share purchase warrant. Each whole warrant will be exercisable for one common share of the Company at $0.30 for a period of 24 months from closing, expiring March 24, 2016. The shares and Warrants comprising the Units and any shares issued upon the exercise of the Warrants are subject to a hold period which expires on July 25, 2014.
Catalyst Copper Corp. announces that David Laing has been appointed as Chief Executive Officer, President, and a director of the Company and Jeremy Crichton, CA has been appointed as Chief Financial Officer and Corporate Secretary of the Company. Mr. Laing and Mr. Crichton are replacing John Greenslade and Denby Greenslade, who have tendered their resignations. The Board wishes to thank Mr. Greenslade and Ms. Greenslade for their past services and wish them every success in their future endeavours.
Santacruz Silver Mining Ltd. is pleased to announce that Canaccord Genuity Corp. and Raymond James Ltd., the underwriters of the Company’s recently closed common share offering, have completed the exercise of their over-allotment option and have purchased an additional 1,312,500 common shares of the Company at a price of $1.00 per share for gross proceeds of $1,312,500.
Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Zacatecas, Mexico, today announces the release of its Management’s Discussion and Analysis and unaudited Financial Statements for the year ended 31 December 2013.
Osisko Mining Corporation is pleased to report February cash costs per ounce(1) of US$555 (C$613) at its flagship Canadian Malartic mine. Osisko previously announced production of 46,154 ounces of gold with record average daily gold production of 1,648 ounces for the month of February.
Catalyst Copper Corp. announces that it has entered into loan agreements with several private lenders, including an insider of the Company, the Radcliffe Foundation, for an aggregate amount of $1.2 Million bearing interest at a rate of 10% per annum, compounded monthly in arrears. The principal amount of the Loans is due and payable on December 31, 2014. The Company has executed a security agreement in favour of the Lenders granting a first security interest in all present and future undertaking and property of the Company to the Lenders.
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