Category: Investor’s Corner

Fortunate Sun Mining Company Ltd. advises that the Board of Directors has passed a Director’s Resolution in accordance with the Amended TSX-V Policy 5.8, Company Articles and Corporate Law to consolidate the shares of the company at an 8:1 ratio. This consolidation will reduce the issued and outstanding shares of the Company from 24,977,500 to 3,122,188 shares. The Company has made application to the TSX-V for approval of this Resolution. The Board of Directors feels that is imperative to consolidate the shares in order to attract new projects, management and funding.

SilverCrest Mines has reported results for its second quarter ended June 30, 2013. Highlights of the report include cash flow from operations of US$5.58 million or $0.05 per share, and net earnings of US$2.87 million or $0.03 per share.

Goldgroup Mining Inc. announced today that they have extended the closing of the acquisition of the Cerro Prieto Project from Oroco Resource Corp. to August 30, 2013.

Institutional Shareholder Services Inc. and Glass Lewis & Co., two leading proxy advisory firms, have recommended that shareholders of Esperanza Resources Corp. vote FOR the plan of arrangement with Alamos Gold Inc. to be voted on at a special meeting of the shareholders of Esperanza on August 27, 2013.

El Tigre Silver Corp. is pleased to announce the filing on SEDAR of its National Instrument 43-101 Preliminary Feasibility Study for the El Tigre Silver & Gold Project, Municipio De Nacozari De Garcia, Sonora, Mexico on the El Tigre silver and gold project in Sonora, Mexico. The report was prepared by Hard Rock Consulting. The PFS supersedes the “National Instrument 43-101 Technical Report, El Tigre Silver Property, Municipio De Nacozari De Garcia, Sonora, Mexico” prepared by Thomas R. Gibson, P. Geo and filed on SEDAR on October 28, 2011.

Gold Reserve Inc. announces that it intends to complete, subject to the approval of the TSX Venture Exchange, a non-brokered private placement with certain significant shareholders of the Company for gross proceeds of US $5,250,000 consisting of 1,750,000 units of securities of the Company at a price of US $3.00 per Unit. Each Unit comprises one Class A common share of the Company and one-half of one Common Share purchase warrant, with each Warrant exercisable by the holder for a period of 2 years after its issuance to acquire one Common Share at a price of US $4.00 per share. The proceeds will be used by the Company for general working capital purposes.

Thank you, operator, and good morning, ladies and gentlemen. Welcome to Pan American Silver’s 2013 Second Quarter Results Conference Call. Today, I’m joined by our President and CEO, Geoff Burns; our Chief Operating Officer, Steve Busby; our Executive Vice President of Corporate Development and Geology, Mr. Michael Steinmann; and our Chief Financial Officer, Rob Doyle.

Mammoth Resources Corp. would like to announce a second tranche closing of $163,500 in additional subscriptions for total proceeds of $270,620 on its previously announced private placement financing to include up to 10,000,000 units of the Mammoth’s shares at a price of $0.05 per Unit to raise gross proceeds of up to $500,000. 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.

The following corrects and replaces the release issued earlier today on behalf of Starcore International Mines Ltd. Please note that the headline incorrectly stated the Gold Equivalent Ounces as 6.315 instead of 6,315.

SilverCrest Mines Inc. is pleased to announce its financial results for the second quarter ended June 30, 2013. All financial information is prepared in accordance with IFRS, and all dollar amounts are expressed in U.S. dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2013 and associated management discussion and analysis (“MD&A”) which are available from the Company’s website at www.silvercrestmines.com and under the Company’s profile on SEDAR at www.sedar.com.