Category: Investor’s Corner

As we’ve noted for the last several quarters, there are a number of positive developments at Layne that leave us optimistic about our future performance. Our end markets have changed dramatically from fiscal year 2013, and we expect that they will continue to evolve into next year and beyond. This demanding environment will likely see us face some of the same challenges in Q4 that we have addressed this year.

High Desert Gold Corporation is pleased to announce that its shareholders today approved the previously announced continuance of HDGC under the Business Corporations Act (British Columbia) and the plan of arrangement pursuant to which South American Silver Corp. will acquire all of the issued and outstanding shares of HDGC that it does not already own in an all-share transaction. The resolutions approving the continuance and the arrangement were each approved by over 99% of the votes cast by HDGC shareholders present in person or by proxy at the meeting. The resolution approving the Arrangement was also approved by over 99% of the votes cast by HDGC shareholders present in person or by proxy at the meeting, excluding HDGC shareholders who were “interested parties”, which included shares held by SASC and its directors and officers, as required pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions.

Goldcorp Inc. today announced that negotiations are continuing between Minera Peñasquito S.A. de C.V. and authorized representatives of the Cerro Gordo Ejido with a view to reaching a mutually beneficial settlement of a land claim.

Avino Silver and Gold Mines Ltd. is pleased to announce the following November production results from its San Gonzalo mine operation located on the Avino property near Durango, Mexico.

Canasil Resources Inc. announces closing of the first tranche of the non-brokered private placement announced on December 3, 2013, for gross proceeds of $270,000 consisting of 3,000,000 units at an exercise price of $0.09 per unit as detailed below. No commission or finder’s fee is payable with respect to this tranche of the placement, which is subject to final approval by the TSX Venture Exchange.

Timmins Gold Corp. is pleased to announce that Jose Vizquerra Benavides has been appointed as an independent member of the board of directors. Mr. Vizquerra is currently the President and CEO of Braeval Mining Corporation, a TSX listed company, and Oban Exploration Ltd, a private exploration company. From 2008 until 2011 Mr. Vizquerra was the head of project evaluations with NYSE listed Compania de Minas Buenaventura of Lima, Peru, and a geologist with Goldcorp in Red Lake Ontario from 2005 until 2008.

Orex Minerals Inc. is pleased to announce that it has retained Frontier Consulting Ltd., part of the FronTier Merchant Capital Group for Investor Relations Services. FronTier is an experienced and reputable Investor Relations group that is based in Toronto, Canada. FronTier will assist the company by increasing market awareness for Orex utilizing a number of financial market communications and initiatives. They will also facilitate In-Person business meetings for Orex with Capital firms in a number of cities across Canada.

Source Exploration Corp. announces the resignation of Mr. Darrell Rader as a director of the Company due to his increased work commitments related to Minaurum Gold Inc. Mr. Rader’s resignation is effective today.

Major Drilling Group International Inc. today reported results for its second quarter of fiscal year 2014, ended October 31, 2013.

Candente Gold Corp. is pleased to report that it has received an expression of interest from Fideicomiso de Fomento Minero to provide financing to the Company of up to US$25,000,000 for exploration and test work on the Company’s recently acquired Tailings deposit at El Oro, Mexico.