Category: Investor’s Corner

Timmins Gold Corp. is pleased to report its financial results for the year ended December 31, 2013. The comparative period is the year ended December 31, 2012. All results are presented in United States dollars unless otherwise stated. Readers should refer to the 2013 management discussion and analysis and consolidated financial statements for complete information.

AuRico Gold Inc. announced that it has commenced a cash tender offer for any and all of the $167,000,000 outstanding principal amount of its 3.50% Convertible Notes due on October 1, 2016. The consideration payable will be $1,040 per $1,000 principal amount plus accrued and unpaid interest to, but not including, the payment date for the Notes purchased in the Tender Offer, which will be the next business day following the Expiration Time. Additional terms and conditions of the Tender Offer are set forth in the Offer to Purchase and the related Letter of Transmittal dated March 6, 2014.

Virgin Metals Inc. is pleased to announce that it has closed, subject to TSX Venture Exchange approval, the first tranche of a non-brokered private placement of 7,500,000 common shares at a price of $0.05 per Common Share for aggregate gross proceeds of $375,000. Certain subscribers to the Private Placement were non-arm’s length parties.

Goldcorp Inc., the largest gold miner by market value, announced on Wednesday that it has entered into an agreement to sell its entire holdings of Primero Mining Corp, a Canada-based gold and silver producer. The offering represents the sale of approximately 19.8 percent of the issued and outstanding shares of Primero. The agreement includes sale of 31.2 million shares at an offering price of Canadian $7.20 per share for total proceeds of Canadian $224 million.

OTC Markets Group Inc., operator of Open, Transparent and Connected financial marketplaces, today announced that Cayden Resources, Inc. (TSX-V: CYD; OTCQX: CDKNF), a Canadian mineral exploration company, has been approved to trade on OTCQX(R), the best marketplace with qualified companies.

Torex Gold Resources Inc. announced today its financial results for the twelve months ended December 31, 2013.

Goldcorp Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp., pursuant to which the underwriters have agreed to purchase from Goldcorp, on a bought deal basis, 31,151,200 Common Shares of Primero Mining Corp. at a price of C$7.20 per Common Share for aggregate gross proceeds to Goldcorp of C$224 million. The offering represents the sale of approximately 19.8% of the issued and outstanding shares of Primero and immediately following the offering, Goldcorp will no longer own any shares of Primero. Primero will not receive any proceeds from the offering. The shares were acquired in connection with the sale of the San Dimas mine in Mexico to Primero in August 2010.

Primero Mining Corp. announced today that it has entered into a letter agreement with its shareholder Goldcorp Inc. and Canaccord Genuity Corp. on behalf of a syndicate of underwriters pursuant to which the Underwriters have agreed to purchase all of the 31,151,200 common shares of Primero currently held by Goldcorp on a bought deal basis at an offering price of C$7.20 per share.

Oremex Silver Inc. reports that it has canceled its previous announced private placement with Global Resources Investments Ltd., see press release dated December 2, 2013.

Lincoln Mining Corporation announces that further to its news release dated February 19, 2014, Lincoln has been advised that Procon Resources Inc. has completed the divestment of its interests in Lincoln pursuant to the Order of the Committee on Foreign Investment in the United States.