Category: Investor’s Corner

Monarchy Resources Announces New President

The Company is pleased to announce that it has appointed Jose Perez as President, Secretary and Director of the Company. Jose Perez aged 39, over the last several years has consulted to various reporting and non-reporting companies in the mining, oil & gas, technology and energy efficiency sectors. Providing guidance on corporate finance, business development, marketing and investor outreach programs. Mr. Perez has a Bachelor of Commerce Degree from McGill University, where he specialized in Finance and International Business. He is currently consulting to a number of Mexican based operations. Mr. Perez is fluent in English, French and Spanish.

New Gold suspends mining at Cerro San Pedro in certain areas

Shares in Vancouver-based New Gold Inc. opened down in Toronto Wednesday morning on the back of the announcement that the producer was suspending mining at its Cerro San Pedro mine in Mexico in the area of a pit wall movement, which occurred on August 23, 2013.

Esperanza Shareholders Vote in Favour of Plan of Arrangement with Alamos Gold

Esperanza Resources Corp. is pleased to announce that its shareholders have voted today at Esperanza’s special meeting of shareholders to approve the previously announced plan of arrangement with Alamos Gold Inc. whereby Alamos will acquire all of the issued and outstanding common shares of Esperanza.

Southern Silver Announces Private Placement

Southern Silver Exploration Corp. plans to issue up to 16,666,666 units in a non-brokered private placement at a price of $0.03 per unit to raise $500,000. Each unit will consist of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.05 per share.

Bacanora Provides Update Re Rare Earth Minerals Plc Agreement

Bacanora Minerals Ltd. announced today that Rare Earth Minerals, Plc has satisfied all conditions under the terms of the agreement between Bacanora and REM in respect of the El Sauz and Fleur lithium concessions (details of which are set out in the Company’s press release dated May 22, 2013) to earn a 10% interest in the subsidiary that will hold the Concessions. In particular, REM has provided the Company with an upfront cash payment of $250,000, together with a further $500,000, which has been allocated towards the Company’s recently completed drilling program on the Concessions. With this condition having been satisfied, the Concessions are now in the process of being transferred to a newly formed Mexican subsidiary of Bacanora, following which shares therein will be issued to REM.

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