Silver Sun Resource Corp. is pleased report that all resolutions were passed at its Annual General Meeting held on January 25th, 2013. The Board of directors and Management would like to thank all shareholders for their continued support and confidence especially during these difficult market conditions.
Patriot Minefinders (Patriot) is pleased to announce theappointment of Mr. John LaGourgue to the companys Board ofDirectors, effective Jan 22, 2013. Patriots current board ofdirectors is comprised of Fred Tejada, Fred Sveinson, JohnSchweitzer, Justin Blanchet, Michael Hofer, Perparim Alikaj andJohn LaGourgue.
Camino Minerals Corporation reports that the Company has granted 1,540,000 incentive stock options to directors, officers, employees and consultants of the Company. The stock options are exercisable for a period of five years at an exercise price of $0.10 per share. The options were granted under and are subject to the terms and conditions of the Company’s Stock Option Plan.
QRS Capital Corp. announces that it has obtained unsecured loans from two arm’s length parties in the aggregate amount of US$500,000.
VVC Exploration Corporation is pleased to announce that it has closed subscriptions for a previously announced non-brokered private placement. Subscriptions received aggregate $958,500 and represent 19,170,000 units of the Company at a price of $0.05 per Unit, exceeding the target of $850,000. Each Unit consists of one common share and one common share purchase warrant of the Company. Each Warrant entitles the holder to purchase one additional common share of the Company at $0.12 per share for 1 year and thereafter at $0.18 per share until 2 years after closing.
Baja Mining Corp. has been informed by Minera y Metalurgica del Boleo, S.A.P.I. de C.V. that, as of January 15, 2013, Kores has advanced an additional US$115 million to MMB for continued construction of the Boleo project.
Southern Silver Exploration Corp. announces that its board of directors has approved an advance notice policy for the purpose of providing shareholders, directors and management of Southern Silver with a clear framework for nominating directors. The Policy is designed to further Southern Silver’s commitment to: (i) facilitating an orderly and efficient annual general or, where the need arises, special meeting, process; (ii) ensuring that all shareholders receive adequate notice of the director nominations and sufficient information regarding all director nominees; and (iii) allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation.
IMPACT Silver Corp. announces that it has granted incentive stock options under its Stock Option Plan to directors, officers, employees and consultants exercisable for 2,500,000 shares of IMPACT. The options are exercisable on or before January 23, 2018 at a price of $1.20 per share.
Mexican mining and railroad company Grupo Mexico SAB (GMEXICO.MX) said Thursday that it’s proposing to invest $3.5 billion in 2013, including $2 billion in its mining operations, $1 billion in infrastructure and $500 million in its railways.
Coeur dAlene Mines Corporation today announced its intention to offer, subject to market and other conditions, U.S. $200,000,000 of Senior Notes due 2021. The Notes will be fully and unconditionally guaranteed by certain of the Companys subsidiaries. The Company intends to use the net proceeds from the Notes offering to fund internal and external growth initiatives and for general corporate purposes, which may include repurchasing 3.25% Convertible Senior Notes due 2028 that are put to the Company at or after March 15, 2013.
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