Category: Investor’s Corner

Santacruz Silver Mining Announces C$30 Million Bought Deal Common Share Financing

Santacruz Silver Mining Ltd. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp., pursuant to which the Underwriters have agreed to purchase, on a bought deal basis pursuant to a short form prospectus, 16,250,000 common shares of the Company at a price of C$1.85 per Common Share for gross proceeds of C$30,062,500. In addition, the Company has granted the Underwriters an option to purchase additional Common Shares at the Offering price to raise additional gross proceeds of up to 15% of the Offering, exercisable for a period of up to 30 days after the closing date.

Kimber Files Preliminary Short Form Base Shelf Prospectus and F-3 Registration Statement

Kimber Resources Inc. announced today that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada other than the province of Quebec, and a Form F-3 registration statement with the United States Securities and Exchange Commission. Kimber is currently a reporting issuer in British Columbia, Alberta and Ontario. Once a receipt has been issued for the final short form base shelf prospectus, Kimber will also become a reporting issuer in Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland, Yukon, Northwest Territories and Nunavut.

Noront Resources announces resignation of Wes Hanson

Noront Resources Ltd. has announced the company’s Board of Directors received the resignation of Wes Hanson as President, Chief Executive Officer and a Director of Noront. ”On behalf of the Board of Directors, I would like to thank Wes for his efforts and dedication at Noront over the past three years, and in particular, for leading the completion of a positive feasibility study in September 2012 of our Eagle’s Nest Project in the Ring of Fire. This puts the Company in a good position as it transitions into development with a focus on the financing and development of the Project and related infrastructure. All of us at Noront wish Mr. Hanson the best in his future endeavours” stated Paul Parisotto, Chairman of the Board of Directors.

Almaden Provides 2012 Review and 2013 Exploration Program Plans

Almaden Minerals Ltd. is pleased to provide a summary of its 2012 exploration activities and outline its plans for 2013. In 2010 the Company discovered the Ixtaca gold-silver zone on its 100% owned Tuligtic project, Mexico and since this time, including 2012, the bulk of the Company’s efforts have been focussed on the on-going Tuligtic project drill program. Nevertheless generative exploration has continued. The Company’s primary focus is the identification, acquisition and development of new mineral projects, a process from which the Tuligtic project itself was found by the Company and acquired by staking. The Company has pioneered mineral exploration in Eastern Mexico, has extensive proprietary knowledge in this terrain and continues to utlilise this knowledge to identify mineral projects.

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