Category: Investor’s Corner

DynaResource, Inc., a Resource Investment and Management Company based in Irving, Texas, with a current focus on the San Jose de Gracia high grade gold project in Sinaloa State, Mexico, is pleased to announce that it has completed a Private Placement to existing Shareholders in the total amount of $2,902,930 USD. The Placement consisted of: (a) 138,670 Common Shares at $ 4.00 per Share; and, (b) 469,650 Common Shares at $ 5.00 per Share. The total Placement was for 608,320 Common Shares resulting in Gross Proceeds to the Company of $ 2,902,930 USD. (at an average cost basis of $ 4.77/Share). In addition to the 608,320 Common Shares sold, 939,300 Warrants were granted to purchasers of which; 469,650 Warrants are exercisable at a price of $ 5.00 per Share on or before December 31, 2014, and 469,650 Warrants are exercisable at a price of $ 7.50 per Share on or before December 31, 2015. All Common Shares sold in the Placement, and additional Common Shares to be issued upon exercise of Warrants are to be issued pursuant to Rule 144.

Mercator Minerals Ltd. today announces that the Board of Directors has unanimously approved the voluntary filing of the Form 15F with the United States Securities and Exchange Commission to terminate its SEC reporting obligations and the registration of its common shares under the Securities Exchange Act of 1934, as amended.

Silver Standard Resources Inc. announced the appointment of two additional directors, Mr. Gustavo Herrero and Mr. Steve Reid, to its Board of Directors. The Board approved the appointments to gain additional expertise in the oversight of operations and development activities in Mexico and South America, key areas of focus for the Company. The appointments are effective January 8th, 2013, and bring the total number of directors on the Board to eight.

Local micro-cap explorer Azure Minerals became the darling of the junior mining sector yesterday, jumping more than 250 per cent after declaring a significant copper hit in Mexico.

Goldcorp Inc. updated its production and cost guidance on Monday evening, and the numbers were clear disappointments. Expected production for 2013 is now 2.55 to 2.8 million ounces, down from the prior forecast of 3.2 million (with a notably low target for the Penasquito mine). Cash costs are forecast at US$700 to US$750 per ounce on a co-product basis, well above the 2012 level of US$645 in ounce.

Seafield Resources Ltd. is pleased to announce the appointment of Richard Niels to its technical team as Senior Project Geologist for the Quinchía Gold Project, in the Department of Risaralda, Colombia. Mr. Niels will be responsible for leading the geological program at the Company’s Miraflores Deposit, as the Company progresses the deposit toward feasibility. Mr. Niels will also lead the Company´s current geological exploration program on the Tesorito target, as well as other future exploration opportunities.

Goldcorp Inc. today announced gold production and cash costs for 2012 and provided production and cash cost guidance for 2013 and the five-year period ending 2017.

Goldcorp Inc. is pleased to declare its first monthly dividend payment for 2013 of $0.05 per share. Shareholders of record at the close of business on Thursday, January 17, 2013 will be entitled to receive payment of this dividend on Friday, January 25, 2013. The payment reflects an increase of 11% to the annual dividend approved by Goldcorp’s Board of Directors today. Goldcorp has increased its dividend by 233% since 2009.

Orex Minerals (CVE:REX) announced Monday the second batch of holes from its phase II diamond drilling program at its Coneto gold-silver project in Durango, Mexico, sending shares higher.

Cardero Resource Corp. announces the continued expansion of its management team with the appointment of former Mining Analyst and Investment Advisor, Andrew Muir as Director, Investor Relations of the Company, effective January 3, 2013.