Category: Investor’s Corner

Southridge Minerals Corporate Update

Southridge Enterprises Inc. is pleased to announce today that Southridge Minerals, Inc., its wholly owned subsidiary, wanted to clarify several corporate items. Firstly and with respect to the recent announcement involving Magna Group Capital Management, LLC., the Company has been engaged with Magna regarding their services to facilitate our up-listing process to the OTCBB and has received a term sheet from Magna. The Company is obligated to supply Magna with a number of due diligence items in order to satiate Magna’s requirements to proceed with the up-listing process.

Citation Grants Options to Directors and Officers

Citation Resources Inc. announces that the Company’s board of directors has approved the granting of 450,000 incentive stock options to directors and officers of the Company in accordance with its stock option plan. The options are exercisable at 0.105 per share and have an expiry date of December 7, 2017.

Oremex Silver Inc. Announces Resignation of Director

Oremex Silver Inc. announces that Mr. David Prins has resigned from his position as a director of the Company to focus on other recent commitments. “I want to thank David for his contributions to the Company and wish him well in his future endeavors” said Mr. John Carlesso, Executive Chairman of Oremex.

Paget Minerals Corporate Update

Paget Minerals Corp. announces that it has granted a total of 775,000 incentive stock options to directors and officers of the Company. The Options are exercisable at $0.15 per share for a period of five years from the date of grant and vest on the basis of 50% upon the date of grant and 50% upon the first anniversary of the date of grant. The Options were granted pursuant to the Company’s shareholder-approved stock option plan and are subject to the policies of the TSX Venture Exchange and any applicable regulatory hold periods.

Lincoln Mining Corporate Update

Lincoln Mining Corporation is pleased to announce the appointment of Mr. Jimmy Mah , effective December 5, 2012, as Chief Financial Officer to replace Mr. Emmet McGrath, subject to the approval of the applicable regulatory authorities.

All News