Paramount Mining Corporation (ASX: PCP) has gained a new substantial shareholder in Gale 3 Spl Ltd, which is an Asian emerging market equity sub-fund.
Catalyst Copper Corporation saw its shares move higher after announcing results from a preliminary economic assessment of its La Verde project in Mexico.
El Tigre Silver Corp. is pleased to announce that it will be applying to the TSX Venture Exchange for approval to the extension of the expiry date of 2,144,000 common share purchase warrants issued on June 25, 2012 and July 25, 2012 from December 25, 2013 and January 25, 2014, respectively, to July 25, 2014. These Warrants were issued as part of a private placement transaction and are exercisable into 2,144,000 common shares of the Company at a price of $0.40 per share.
McEwen Mining Inc. is pleased to announce the successful completion of its Rights Offering, which closed at 5 PM EST on December 4, 2012. The Rights Offering was fully subscribed for with proceeds totaling US$60.4 Million.
VANE Minerals is an explorer and developer of copper and uranium projects in North America. The Company is supported by revenues from its producing silver/gold operations in Mexico. Utilising a team made up of leading industry professionals the Company is targeting porphyry copper targets in Southwest USA in addition to expanding its gold/silver operations in Mexico and exploring high-grade breccia pipe targets in North America
2011 was a banner year for Goldgroup. The company completed its earn-in interest for 100% ownership of its flagship project, Caballo Blanco, situated near Veracruz, Mexico and completed a $40.25 million financing at $1.40 per share to fund development expenses (Stock Profile – TSE:GGA).
New Gold Inc. today provides an update on its 2012 financing activities that have resulted in the company having the highest cash balance in its history. Through the redemption of the company’s senior secured notes and convertible debentures as well as the recent warrant exercise, New Gold has simplified its capital structure. None of the company’s corporate debt is due until 2020. The company is in a strong financial position, with forecasted free cash flow generation from its portfolio of four producing assets expected to further enhance New Gold’s financial flexibility in 2013.
Gold Reserve Inc. is pleased to provide an update on managements activities related to arbitration and settlement discussions, debt restructuring, exchange listings, litigation settlement, exploration activities and its financial overview for the third quarter of 2012.
Defiance Silver Corp is pleased to announce the appointment of Matthew Kavanagh to the position of Chief Financial Officer. Mr. Kavanagh is a chartered accountant with 25 years of experience in accounting and as a Chief Financial Officer for various Canadian companies including several silver miners. Defiance also announces the resignation of Ron Sowerby as Chief Financial Officer. The Board wishes to thank Ron for his contributions to Defiance since its formation.
Cream Minerals Ltd. announces that it will SEDAR file its second quarter financial statements and management and discussion analysis on SEDAR and post these documents to the Company’s web site on November 29, 2012. In addition the Company advises US investors its shares are now quoted and traded on the OTCQB an electronic trading platform owned and operated by the OTC Markets Group. The Company’s symbol remains CRMXF.
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