Category: Investor’s Corner

The emergence of a large entrepreneurial community is essential for the development and growth of any country. For there to be a sizable number of new enterprises and for these to grow and thrive; they need funding, and this funding usually comes from venture capital (VC). In the U.S., large, venture-backed companies — Amazon, Apple, Cisco, Google, Medtronic — are major parts of the economic landscape. A recent study by the National Venture Capital Association and HIS Global Insight estimates that 11% of U.S. jobs were created by VC-backed companies.

Southern Copper Corp. (SCCO, SCCO.VL) said Wednesday third-quarter net earnings decreased to $217.9 million, compared with $663 million in the year-earlier quarter.

Canadian mining company Teck Resources Ltd. (TCK: Quote, TCK_A.TO, TCK_B.TO) Wednesday released the financial results for the third quarter ended 30 September 2012, reporting a sharp decline in profit on lower revenues.

Cream Minerals Ltd. advises that, as a result of a review by the British Columbia Securities Commission, the Company is issuing this news release to clarify its disclosure.

Lincoln Mining Corporation, TSX-V: LMG announces that further to its news release of September 26, 2012, the Company plans to increase its non-brokered private placement to up to 6,000,000 shares at a price of $0.05 per share for total proceeds of up to $300,000.

Capstone Mining Corp. today announced that Korea Resources Corporation’s (“KORES”) representative on Capstone’s board of directors has changed. Pursuant to formation of the strategic partnership for the development of the Santo Domingo project and Shareholders Agreement for the project between Capstone and KORES dated June 17, 2011, KORES is entitled to appoint one representative to Capstone’s board.

Pinetree Capital Ltd. (PNP.TO: Quote) announced that on October 19, 2012, it acquired ownership of 1.0 million common shares and 500,000 common share purchase warrants of El Tigre Silver Corp.

Paramount Gold and Silver Corp. ( PZG ) is up 3.23% to $2.56 after announcing that it has received the final results from a large-scale, comprehensive metallurgical test program for its 100%-owned San Miguel Project in northern Mexico.

Galore Resources Inc. announces that the TSX Venture Exchange has granted its acceptance to extend warrants issued in connection with a non-brokered private placement originally completed in October, 2009. The original expiry date of these warrants was October 27, 2011 and they had been extended to expire October 27, 2012. The expiry of these warrants will now be extended by an additional six months.

First Mexican Gold Corp. has entered into a letter of engagement with Euro Pacific Canada Inc. pursuant to which the Agent has agreed to place, on a commercially reasonable best efforts basis, up to ten million units of the company at a price of $0.10 per unit for gross proceeds of up to $1.0 million dollars. Each unit consists of one common share plus one-half of one common share purchase warrant, with each whole purchase warrant exercisable into a common share at a price of $0.14 for a period of 24 months from closing.