Category: Investor’s Corner

El Tigre Silver Corp. Announces Closing of First Tranche of Private Placement

El Tigre Silver Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of 800,000 units of the Company at a price of 0.25 per Unit for aggregate cash proceeds of 200,000. Each Unit will be comprised of one common share and one-half of a common share purchase warrant. Each whole Warrant will entitle 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, 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, within10 days of such 20 day period, accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.

Bandera Announces $250,000 Private Placement

Bandera Gold Ltd. announced today a proposed non-brokered private placement of up to of 5,000,000 units of Bandera at a price of $0.05 per unit, for proceeds of up to $250,000. Each unit will consist of one common share and a half warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of $0.05 per share for a period of two years from closing of the private placement.

First Mexican Shares for Debt

First Mexican Gold Corp., further to the Company’s news release of September 4, 2013, the Company is pleased to announce it has received TSX Venture Exchange approval for and closed its shares for debt of 1,100,000 shares to satisfy debt in the amount of $55,000.

Big North Graphite Cancels $200,000 Private Placement

Big North Graphite Corp. announces that it has cancelled its previously announced expedited private placement of 2,666,667 units for gross proceeds of $200,000. The proceeds received by the Company in connection with the Offering have been returned to the subscriber.

Sierra Metals announces appointment of Igor Gonzales to the Board of Directors

Mr. Gonzales is originally from Peru and has more than 30 years of experience in the mining industry. He is currently a member of the Board of Directors of HudBay Minerals Inc. From 1998 to 2013, Mr. Gonzales was with Barrick Gold Corporation, most recently as Executive Vice President and Chief Operating Officer. Between 1980 and 1996, Mr. Gonzales served in various roles with Southern Peru Copper Corporation.

Mammoth Announces Third Tranche Private Placement Closing on $554,120

Mammoth Resources Corp. would like to announce a third tranche closing of $283,500 in additional subscriptions for total proceeds of $554,120 on its previously announced private placement financing to include up to 10,000,000 units of the company’s shares at a price of $0.05 per Unit. Each Unit will be comprised of one common share of the Company and one common share purchase warrant. Each Warrant will entitle 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 $0.08 per common share for the first 12 months and $0.10 per common share for the following 12 months as permitted by TSX-V regulations.

DynaResource Appoints Mr. Chad Mooney as “Executive Vice President-Capital Markets”

DynaResource, Inc. is pleased to announce the appointment of Mr. Chad Mooney to the position of Executive Vice President-Capital Markets, effective immediately. Mr. Mooney has over 35 year’s highly productive history on Wall Street, and brings with him an extraordinary record of achievement in financial management and public and private capital markets. Mr. Mooney previously built a top 10 business at Smith Barney, where he was the largest equity syndicate producer, as well as having the largest listed equity trading business. Mr. Mooney chaired the Director’s Advisory Group at Smith Barney, representing all financial advisors at Smith Barney, and he reported directly to his mentor, Mr. Jamie Dimon, the current Chairman and CEO of financial giant, JP Morgan Chase & Co. From 1990 to 2004, Mr. Mooney served as Director of Investments for Smith Barney, and personally oversaw and advised $ 3.5 B. in client assets. In 2000, after playing a key role in building the largest water company in the world (U.S. Filter, a NYSE Listed Company) Mr. Mooney coordinated the sale of U.S. Filter to Vivendi, for $ 8.1 B Cash. Joining DynaUSA, Mr. Mooney is expected to work directly with Company Chairman-CEO Mr. K.D. Diepholz, and will manage the Company’s interface with public and private capital, capital markets, Investment Banks and Investors.

Aurcana Closes $50 million Loan Facility

Aurcana Corporation is pleased to announce that it has executed definitive agreements with MF2 Investment Holding Company Limited, part of Orion Mine Finance Fund I, for a loan facility in the principal amount of US$50,000,000 and an Offtake Agreement for silver and gold produced at the Company’s Shafter mine. A total of approximately US$13 million from the Loan proceeds will be used by the Company to complete the construction and upgrade work for Shafter mine and the balance of the Loan will be used to repay certain indebtedness and for otherwise advancing the La Negra and Shafter mines.

Orex Minerals Inc. Closes $2-Million Private Placement

Orex Minerals Inc. announces that it has completed the non-brokered private placement described in its news release of September 10, 2013, issuing a total of 8,228,600 units at a price of 25 cents per unit for total gross proceeds of $2,057,150. 5,547,900 of the units sold were flow-through units.

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