Category: Investor’s Corner

Sonoma Resources Inc. Announces Private Placement

Sonoma Resources Inc. announces that it will proceed with a non-brokered Private Placement of up to 2,000,000 units of Sonoma at a price of $0.05 per unit for proceeds to the Company of up to $100,000. Each Unit consists of one common share of Sonoma and one non-transferable share purchase warrant entitling the holder to acquire one additional common share of Sonoma at a price of $0.10 per common share for a period of twelve (12) months from the date of the issuance of the purchase warrant with a forced exercise provision attached to each warrant commencing on the day following the expiry of any applicable hold period on the underlying Common Share, stating that if, for ten consecutive trading days, the closing price of the listed shares of the Company exceeds $0.40 then the exercise period of the warrants will be reduced to a period of 10 days following such trading days.

VVC Signs Share Purchase Agreement

VVC Exploration Corporation is pleased to announce that further to its news release of September 5, 2013, the Share Purchase Agreement between VVC, Camex Mining Development Group Inc. and the shareholders of Camex has been signed by all parties. Pursuant to the terms of the Agreement, VVC will purchase all of the 6,649,200 issued and outstanding shares of Camex, in exchange for the issuance of 59,900,000 common shares of the Company (the “Issued Shares”) to the Vendors at closing. The Issued Shares will represent approximately 39.9% of all issued and outstanding common shares of the Company on a non-diluted basis, and approximately 33.0% on a fully-diluted basis. The Issued Shares will be subject to resale restrictions imposed by the TSX Venture Exchange for a period of 4 months from closing.

Sierra Metals Announces Dividend Reinvestment Plan And Third Quarterly Cash Dividend

Sierra Metals Inc. is pleased to announce its third quarterly cash dividend of approximately CAD$2.5 million, or CAD$0.016 per common share of the Company payable on October 31, 2013 to the holders of the issued and outstanding Common Shares as of the close of business on October 21, 2013. The Company is also announcing that it has adopted a dividend reinvestment plan effective immediately. Eligible shareholders may elect to participate in the Plan commencing with the third quarterly dividend announced today. Participation in the Plan is optional.

Focus Arranges $1.2M Private Placement

Focus Ventures Ltd. is pleased to announce that it has arranged, subject to stock exchange approval, a non-brokered private placement financing of up to 10 million units at $0.12 per unit, for proceeds of up to $1.2 million. Each unit will consist of one common share and one-half of a warrant, each full warrant entitling the holder to purchase one additional common share of the Company at $0.18 for two years from closing.

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