Category: Investor’s Corner

Capstone Mining 2013 Third Quarter Continues to Deliver Strong Cash Flow

Capstone Mining Corp. today announced its financial results for the three and nine months ended September 30, 2013. Capstone posted a net loss for the quarter of $4.6 million. Operating cash flow before changes in working capital(1) was $12.7 million. Capstone ended the quarter with cash on hand of $457.0 million. Copper production for the quarter at Capstone’s two operating mines, Cozamin and Minto, totalled 18.9 million pounds in concentrates (18.2 million pounds of payable copper) at a C1 cash cost(1) of $1.57 per payable pound of copper produced.

Vista Gold Corp. Announces Third Quarter 2013 Results And Provides Update On Recent Activities

Vista Gold Corp. today announced its unaudited financial results and highlights for the third quarter ended September 30, 2013. Management’s quarterly conference call to discuss these results is scheduled for 2:30pm MDT on October 31, 2013. The Company’s full financial results, Management’s Discussion and Analysis together with other important disclosures can be found in the Company’s Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

El Tigre Silver Closes Private Placement for Gross Proceeds of $707,000

El Tigre Silver Corp. is pleased to announce that it has closed its previously announced non-brokered private placement for an aggregate of 2,828,000 units of the Company for aggregate gross proceeds of $707,000. Each Unit consists of a common share of the Company and one-half of a common share purchase warrant. Each whole Warrant entitles the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of $0.38 per share, provided that, if over a period of 20 consecutive trading days after the expiry of the hold period on the warrants, the daily volume weighted average trading price of the common shares of the Company on the TSX Venture Exchange (or such other stock exchange on which such shares are listed) is greater than $0.50, then at the Company’s discretion, it may, within 10 days of such 20 day period, accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.

Coeur Announces Exchange Offer Extension

Coeur Mining, Inc. today announced that it will extend its offer to exchange up to $300,000,000 aggregate principal amount of its outstanding 7.875% Senior Notes due 2021 for a like principal amount of its new 7.875% Senior Notes due 2021. All other terms of the Exchange Offer, as described in the prospectus dated September 30, 2013, remain unchanged.

Gold Resource Corporation Declares October Monthly Dividend

Gold Resource Corporation declares its monthly instituted dividend of $0.03 per common share for October 2013 payable on November 25, 2013 to shareholders of record as of November 11, 2013. Gold Resource Corporation is a gold and silver producer with operations in the southern state of Oaxaca, Mexico.

Vendome Resources Announces New Chief Executive Officer

Vendome Resources Corp. is pleased to announce the appointment of Mr. John Priestner as the President and Chief Executive Officer of the company, effective immediately. Mr. Priestner has also been elected to the Board of Directors.

Timmins Gold Reports $4.8 million in earnings for Q3 2013

Timmins Gold Corp. is pleased to report its financial results for the third quarter ended September 30, 2013. The comparative period is the three months ended September 30, 2012. All results are presented in United States dollars unless otherwise stated. Readers should refer to the Q3 2013 Management’s Discussion and Analysis and condensed interim consolidated financial statements for complete information.

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