Category: Investor’s Corner

Red Tiger Mining Inc. today reports that for the month of June 2013, its Luz del Cobre Copper Mine produced 505 tonnes of COMEX Grade 1 copper, a monthly record since its start-up in May 2012. The Company is also pleased to confirm that as of July 1st, commercial production levels have been reached. The Company will begin reporting revenues and cost of sales on the income statement from July 1st onwards.

Lincoln Mining Corporation announces that further to its news release dated June 18, 2013, it has received an additional C$350,000, unsecured demand loan from Prairie Enterprises Inc. to fund Lincoln’s current working capital requirements. PE is owned and controlled by Edward Yurkowski, who is a director of the Company.

Highvista Gold Inc. is pleased to report that it closed a non-brokered private placement financing for gross proceeds of $963,000 through the issuance of 4,815,000 units of the Company to AuRico Gold Inc. at a price of $0.20 per Unit. Each Unit consists of one common share of the Company and one-half of one common share purchase warrant, each whole Warrant entitling AuRico Gold to purchase one common share at an exercise price of $0.25 per share until June 28, 2015. The securities comprising the Units are subject to a statutory hold period that will expire on October 29, 2013.

Mercator Minerals Ltd announces the resignation of Joseph Keane from the board of directors effective July 1, 2013.

First Majestic Silver Corp. is pleased to announce that further to its news release on April 26, 2013, the Company has received payment in the amount of CDN$14.85 million as partial payment of the judgment of US$93.84 million granted in favour of First Majestic against Hector Davila Santos and Minerales y Minas Mexicana, S.A. de C.V. Judgment was initially awarded in the amount of US$86.9 million but was subsequently increased to US$93.84 million to correct an error in the prior assessment. The monies received on June 28th were previously held in a trust account of Hector Davila’s Vancouver lawyers.

Yamana Gold Inc. (YRI.T), said Tuesday that it has requested the U.K Listing Authority to cancel the listing of the Company’s common shares of no par value on the U.K. Official List and to cancel the admission of the Common Shares to trading on the London Stock Exchange’s main market for listed securities.

Oroco Resource Corp. announces that it has received a demand from Wexford Catalyst Trading Limited for payment of the outstanding principal, in the amount of $750,000, and the associated interest and fees with regard to the debenture issued on May 2, 2012 by the Company to Goldman Sachs International FBO Wexford Catalyst Trading Limited. The Company has also received a demand from Wexford Spectrum Trading Limited for payment of the outstanding principal, in the amount of $3,000,000, and the associated interest and fees with regard a debenture issued on May 2, 2012 by the Company with regard to the debenture issued on May 2, 2012 by the Company to Goldman Sachs International FBO Wexford Spectrum Trading Limited. The aggregate accrued interest to date outstanding on the Debentures is approximately $257,000.

Newstrike Capital Inc. is pleased to announce that it has published its interim consolidated financial statements for the nine months ended April 30, 2013, and the related Management Discussion and Analysis document.

Aurion Resources Ltd. reports that effective June 13, 2013, the Board of Directors of the Company adopted an advance notice policy for the purpose of providing shareholders, directors and management of the Company with a clear framework for nominating directors of the Company in connection with any annual or special meeting of shareholders.

The World Gold Council today publishes a Guidance Note on “all-in sustaining costs” and “all-in costs” metrics, which gold mining companies can use to report their costs as part of their overall reporting disclosure. The World Gold Council has worked closely with its member companies to develop these non-GAAP measures which are intended to provide further transparency into the costs associated with producing gold.