Category: Investor’s Corner

Freeport-McMoRan Copper & Gold Inc. announced today the completion of agreements with two bank syndicates providing committed financing for a $4 billion bank Term Loan and a new $3 billion Revolving Credit Facility in connection with FCX’s proposed acquisitions of Plains Exploration & Production Company and McMoRan Exploration Co.

Santacruz Silver Mining Ltd. is pleased to announce the closing of its prospectus offering announced on January 23, 2013 through a syndicate of underwriters led by Canaccord Genuity Corp. and including Raymond James Ltd. and Cormark Securities Inc. The Company issued 19,000,000 common shares at a price of $1.85 per Common Share for gross proceeds of $35,150,000. The Underwriters also exercised their over-allotment option to acquire an additional 2,850,000 Common Shares for additional gross proceeds of $5,272,500. Including the proceeds from the exercise of the over-allotment option, the total gross proceeds of the Offering were $40,422,500. The underwriters received a cash fee equal to 6% of the gross proceeds of the Offering, as well as 1,311,000 warrants, each of which is exercisable to purchase one Common Share for a price of $1.85 for a period of 24 months. Canaccord was issued an additional 60,000 Common Shares as a corporate finance fee.

Orko Silver Corp. announces that First Majestic Silver Corp. has not exercised its right to match pursuant to the arrangement agreement executed by Orko and First Majestic on December 16, 2012 and Orko is in the process of terminating the First Majestic Agreement and concurrently entering into an arrangement agreement with Coeur d’Alene Mines Corporation, based on the terms of Coeur’s superior proposal which was announced on February 13, 2013 (the “Coeur Agreement”).

Coeur’s Stock and Cash Proposal Represents a Premium of Approximately 20% to the Current Implied Value of the First Majestic All-Stock Offer Should First Majestic Exercise its Matching Right by Tuesday at Midnight, Coeur Believes Orko’s Upcoming Special Meeting Should be Postponed to Allow Orko Shareholders Time to Compare the Two Proposals

Orex Minerals Inc. announces that it is undertaking a non-brokered private placement for gross proceeds of up to $20,000,000. The Offering consists of up to 40,000,000 common shares at a price of $0.50 per share. Orex expects the Offering to close on or about March 30, 2013.

First Mexican Gold Corp., further to the Company’s news release dated January 29, 2013 and December 17, 2012, the Company has received TSX Venture Exchanges approval for and converted $50,000 of debt for 714,286 shares, at $0.07 per share.

Kimber Resources Inc. has announced its financial results for the three months ended December 31, 2012. All amounts in this news release are in Canadian dollars. The Company’s unaudited condensed consolidated interim financial statements have been prepared in accordance with International Financial Reporting Standards. Kimber’s condensed consolidated interim financial statements and management’s discussion & analysis for the three months ended December 31, 2012 are now available on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.com.

Goldcorp Inc. (GG) Q42012 Earnings Call February 15, 2013 1:00 PM ET

Galore Resources Inc. is pleased to announce that Mr. Uwe Schmidt, the Company’s President, has accepted a position on Galore’s Board as a Director of the Company. Additionally, Mr. Michael McMillan, the Company’s Chief Executive Officer and Director has been appointed as Chairman of the Company.

Coeur d’Alene Mines Corporation (NYSE:CDE) (TSX:CDM) today announced that the Company increased its total combined proven and probable reserves and measured and indicated resources of silver and gold by 17% and 12%, respectively, resulting in the addition of 85.2 million silver ounces and 462,000 gold ounces at year-end 2012 over 2011. These gains exclude the 18.0 million ounces of silver and 226,486 ounces of gold produced during 2012.