Category: Investor’s Corner

War Eagle to Acquire Andromeda Resources

War Eagle Mining Company Inc. has entered into an agreement dated January 11, 2013 with Toronto-based Andromeda Resources Inc., which is a private company incorporated in Ontario. The agreement contemplates that pursuant to a so-called “triangular merger” the shareholders of Andromeda (other than War Eagle) will exchange each issued and outstanding common share of Andromeda held by them for 0.897 common shares of War Eagle such that the shareholders of War Eagle on the effective date of the merger will own approximately 80% of the outstanding shares of War Eagle and the shareholders of Andromeda (other than War Eagle) will own the remaining 20%. Andromeda will continue as a wholly-owned subsidiary of War Eagle.

Noront Announces Appointment of Interim Chief Executive Officer

Noront Resources Ltd. announced today that its board of directors received the resignation of Wes Hanson as President, Chief Executive Officer and a Director of Noront. The Board has appointed Paul Parisotto to act as interim President and Chief Executive Officer and has begun a search to identify a permanent President and Chief Executive Officer. Ted Bassett has been appointed lead director during the period of Mr. Parisotto’s appointment as interim President and Chief Executive Officer.

Excellon Provides 2013 Exploration Outlook

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to provide an outlook on 2013 exploration plans for the Platosa property, where the Company has been mining high-grade Ag, Pb and Zn massive sulphide mantos since the spring of 2005.

Astral Announces Annual General and Special Meeting

Astral Mining Corporation announces that the annual general and special meeting of the shareholders of Astral will be held on Thursday, January 31, 2013 at Suite 700, 595 Burrard Street, Vancouver, British Columbia at 10:00 a.m. (Vancouver time).

Silver shines in Mexico for El Tigre

Several major accomplishments have bolstered a Vancouver junior mining company with operations in Mexico recently, in spite of persistent and tumultuous market conditions.

GoGold Resources to Commence Trading on the TSX

GoGold Resources Inc. is pleased to announce that it has received final approval from the Toronto Stock Exchange for the listing of 153,437,164 common shares of the Company, of which 128,288,331 Common Shares are issued and outstanding and 25,148,833 Common Shares are reserved for issuance on the exercise of outstanding warrants and options.

Plata Latina Announces C$3,000,000 Bought Deal Private Placement

Plata Latina Minerals Corporation has today entered into an agreement with Canaccord Genuity Corp., under which the Underwriter has agreed to buy, on a bought deal private placement basis, 7,500,000 Units of the Company at an issue price of C$0.40 per Unit for gross proceeds to the Company of C$3,000,000.

All News