Category: Investor’s Corner

Freyja Resources Inc. Announces Amendment to Private Placement of Units

Freyja Resources Inc. announces that, further to its press releases dated November 28, 2013 and December 10, 2013, it has amended the terms of its private placement of up to $600,000 of units to increase the size of the offering to up to $615,000 of Amended Units and to reflect a price of $820 per Amended Unit from a price of $1.00 per Unit. Each Amended Unit will be comprised of $1,000 principal amount of 12% unsecured, non-convertible debentures, which will mature thirty-six months from the date of issuance and 1,901 common shares in the capital of the Corporation. The terms of the finder’s warrants have been amended such that each warrant entitles the holder to purchase one Amended Unit at a price of $820 per Unit for a period of eighteen months from the closing of the Offering. The remaining terms of the Offering have not changed.

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Bacanora Announces Filing of Technical Report on New Alakli Metal and Alkali Earth Metal Inferred Resource Declared for El Sauz and Fleur Concessions

Bacanora Minerals Ltd. is announcing the filing of a Technical Report (“Report”) in respect of its El Sauz and Fleur concessions (“Concessions”) under joint venture with Rare Earth Minerals PLC (“REM”) that form part of the Sonora Lithium Project in northern Mexico. The Report has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and is entitled, Initial Estimate of Inferred Resources for Alkali Metals and Alkali Earth Metals – El Sauz & Fleur Concesions – Sonora Lithium Project. The lead author of the Technical Report is Carl G. Verley, P.Geo., who is a “qualified person” within the meaning of NI 43-101 and is independent of the Company. The Report has been filed on SEDAR and is also available for download on the Company’s website.

Sierra Metals Announces Fourth Quarterly Cash Dividend

Sierra Metals Inc. is pleased to announce its fourth quarterly cash dividend of approximately CAD$2.5 million, or CAD$0.016 per common share of the Company, payable on January 31, 2014 to the holders of the issued and outstanding Common Shares as of the close of business on January 21, 2014.

Endeavour Silver Reports 9th Consecutive Year of Production Growth in 2013 and Sets New Quarterly Production Record in 4th Quarter, 2013

Endeavour Silver Corp. achieved its ninth consecutive year of production growth in 2013, reporting record production of 6,813,068 ounces (oz) silver and 75,578 oz gold. The Company also set a new record for quarterly silver and gold production in the Fourth Quarter, 2013 from the Company’s three operating silver mines in Mexico: the Guanacevi Mine in Durango State and the Bolanitos and El Cubo Mines in Guanajuato State.

Big North Announces Closing of Offering of Convertible Notes

Big North Graphite Corp. announces that further to the Company’s press release of December 31, 2013 it has closed a non-brokered private placement of $250,000 aggregate principal amount of unsecured convertible notes. The Notes mature on January 9, 2015 and are convertible into units of the Company at a price of $0.05 per Unit at the holder’s option.

Canasil Appoints Iain MacPhail as Director

Canasil Resources Inc. is pleased to announce that Mr. Iain MacPhail has agreed to serve as a director of the Company. Mr. MacPhail has previously served as Chief Financial Officer of the Company and is currently an advisor to the Board. He was Chief Financial Officer of Far West Mining Ltd. from September 2004 to June 2011, during the period that Far West raised approximately $50 million for the exploration and development of its projects in Chile, Argentina and Australia until the acquisition of Far West in June 2011 by Capstone Mining in a transaction valued at $725 million. A Chartered Accountant, Mr. MacPhail served as a principal of a public accounting practice in Vancouver, B.C., from 1988 to 2007, prior to which he specialized in the tax practices of two major accounting firms in Vancouver and Toronto. He has been an officer, director and Chief Financial Officer of several private and public resource companies where his responsibilities included finance, administration and regulatory reporting.

Vendome Announces Closing of Non-Brokered Private Placement Financing

Vendome Resources Corp. is pleased to announce the closing of its non-brokered private placement offering on January 3, 2014, pursuant to which an aggregate of 2,850,000 units were sold at a price of $0.05 per Unit, raising gross proceeds of $142,500. Each Unit consists of one common share and one common share purchase warrant. Each common share purchase warrant entitles the holder to purchase one common share of the Company at a price of $0.10, if the warrant is exercised within the first 12 months from the closing date and at a price of $0.15 for an additional 6 month period.

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