Scorpio Mining Corporation today announced the appointment of Mr. Thomas (Tom) McGrail to the position of Chief Operating Officer effective March 1, 2013. Mr. McGrail brings over 35 years of leadership and has a track record of successfully managing open-pit and underground operations including 18 years in Latin America.
BACANORA MINERALS LTD. is pleased to announce that the Company has closed its previously announced private placement financing of 11,666,667 units of the Company at a price of $0.30 per unit for aggregate gross proceeds of $3,500,000. Each unit consists of one common share and one-half of one common share purchase warrant, with each whole warrant being exercisable into one common share at a price of $0.45 for a period of five (5) years. The principal subscriber under the offering is Igneous Capital Limited, which has subscribed for 10,000,000 units for gross proceeds of $3,000,000. As a result of this subscription, Igneous is considered to be an Insider of the Company by virtue of its holdings of more than 10% of the outstanding voting shares of Bacanora. Accordingly, the shares and warrants issuable to Igneous upon closing are currently being held in trust, pending final TSX Venture Exchange approval following completion of standard background checks and related reviews by the Exchange.
Golden Minerals Company announces 2012 year-end results.
NWM Mining Corporation is pleased to provide preliminary mine production numbers for January and February 2013.
Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the Zacatecas silver belt of Mexico, announces the release of its Management’s Discussion and Analysis and audited Financial Statements for the year ended 31 December 2012.
Silver Standard Resources Inc. reports consolidated financial results for the fourth quarter and year-ended December 31, 2012.
Berkwood Resources Ltd. is pleased to announce a non-brokered private placement of 7,000,000 units at $0.05 per unit for gross proceeds of $350,000.
Santacruz Silver Mining Ltd. announces that it has granted incentive stock options to an employee and an officer of the Company to acquire an aggregate of 400,000 common shares at $1.85 per share, for a period of 5 years. These incentive stock options have been granted in accordance with the Company’s Stock Option Plan.
Cylindrical brick stacks poking out of the barren hill sides can be seen from miles away. But curiously, they dont attach at the base to any grand warehouse or factory.
Amex Exploration Inc. is pleased to announce that it has closed a non-brokered private placement of an aggregate amount of $355,000.00, through the sale of “A” & “B” units priced at 1000$ each.
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