Category: Investor’s Corner

The first silver doré bar production at First Majestic’s T.FR Del Toro Silver Mine in Zacatecas, Mexico was announced December 4, 2013. In making that announcement, First Majestic CEO Keith Neumeyer stated, “The commencement of silver doré production at Del Toro is another significant milestone for First Majestic this year. The Del Toro Silver Mine continues to be a substantial growth driver for the Company as silver production ramps up from this new mine. With the plant construction nearly complete, this achievement puts First Majestic on track to reaching its tenth consecutive year of growth in silver production.”

Further to its previous news releases, Cortez Gold Corp announced today that it has closed Tranche 1 of its non-brokered private placement with the issuance of 3,512,500 Units priced at $0.20 per Unit, for gross proceeds of $702,500.

Animas Resources Ltd. has mailed to its shareholders a Directors’ Circular as required by applicable securities laws in response to the unsolicited offer by Marlin Gold Mining Ltd. to acquire all of the outstanding common shares of the Company for $0.10 per common share in cash. Animas previously stated its recommendation to shareholders to not tender their shares to the Offer on December 30, 2013. A copy of the Directors’ Circular is available online at www.sedar.com . Marlin has stated that the Offer expires at 5:00 p.m. (Eastern time) on January 28, 2014 (unless the Offer is extended, withdrawn or varied).

Kimber Resources Inc. is pleased to announce that, further to its press release dated January 6, 2014, the Supreme Court of British Columbia has issued a final order (the “Final Order”) approving the plan of arrangement between Kimber and Invecture Group, S.A. de C.V. Under the terms of the Arrangement, Invecture will acquire all of the issued and outstanding common shares of Kimber not already owned by Invecture in consideration for Cdn$0.15 in cash for each Common Share. The Arrangement is subject to the satisfaction or waiver of all other conditions of the Arrangement. The completion of the Arrangement is expected to occur on or about January 8, 2014, following which the Common Shares are expected to be de-listed from the Toronto Stock Exchange.

Xtierra Inc. announces that its two principal shareholders have agreed to provide US$500,000 of short term financing.

Kimber Resources Inc. is pleased to announce that at a special meeting held today, Kimber’s shareholders approved the previously announced plan of arrangement between Kimber and Invecture Group, S.A. de C.V. Under the terms of the Arrangement, Invecture will acquire all of the issued and outstanding common shares of Kimber not already owned by Invecture or its affiliates in consideration for Cdn$0.15 in cash for each Common Share. The Arrangement is subject to the satisfaction or waiver of all other conditions of the Arrangement, including the final approval of the Supreme Court of British Columbia.

Boart Longyear Limited (ASX:BLY) – Boart Longyear announces that Mr Jeffrey Olsen will be joining the Company as its Chief Financial Officer effective April 1, 2014.

We may be headed into a new year, but Chris Thompson, mining analyst with Raymond James, expects more of the same in the precious metals prices: volatility. In this Mining Report interview, he advises investors to play that volatility. He details why—despite its higher royalty tax—Mexico remains a silver powerhouse, and which companies will feel the royalty pinch most.

Goldcorp Inc. is pleased to declare its first monthly dividend payment for 2014 of $0.05 per share. Shareholders of record at the close of business on Thursday, January 16, 2014 will be entitled to receive payment of this dividend on Friday, January 24, 2014.

Sierra Metals Inc. regretfully announces the passing on December 31(st) of John Donnelly, a director of the Company and Chairman of the Audit Committee.