Goldgroup Mining Inc. announced today that its Board of Directors has appointed Executive Chairman, Gregg J. Sedun, to also fill the role of President and Interim Chief Executive Officer, replacing Mr. Keith Piggott. Mr. Piggott is a major shareholder of the Company and continues to serve on the Company’s Board of Directors. This leadership appointment is effective immediately.
QRS Capital Corp. announces the closing on October 11, 2012 of its previously announced non-brokered private placement. The Company issued 2,625,000 units (representing an additional 125,000 Units than previously announced) at a price of $0.20 per Unit, for aggregate gross proceeds of $525,000. Each Unit consisted of one common share and one half of one common share purchase warrant. Each whole Warrant will entitle the holder to purchase one common share of the Company at a price of $0.40 per common share for a period of 24 months from the closing date of the Private Placement.
Mazorro Resources Inc. has closed $195,000 in two tranches of a private placement, the mining company disclosed.
Primero Mining Corp. announces the completion of the secondary offering of common shares of Primero held by Goldcorp Inc. which was previously announced on September 18, 2012. Following closing of the Offering, Goldcorp owns 31,151,200 common shares of Primero, representing approximately 32.2% of the outstanding common shares of Primero, which will continue to be held by Goldcorp subject to a three year lock-up period that commenced on August 6, 2010.
GOLDCORP INC. is pleased to announce that it has completed the previously announced secondary offering of 8,422,460 common shares of Primero Mining Corp. at a price of C$5.25 per share for gross proceeds to Goldcorp of C$44,217,915.
Golden Minerals Company today provided production results from the Velardena Operations for the quarter ending September 30, 2012.
Fortuna Silver Mines Inc. announces production figures for the third quarter of 2012 from its two 100% owned operating underground mines in Latin America, the San Jose mine in Mexico and the Caylloma mine in Peru.
Capstone Mining Corp. today announced its operating results for the three and nine months ended September 30, 2012 for its two operating mines, Cozamin and Minto. Combined production totalled 22.6 and 63.1 million pounds of copper in concentrates in the third quarter and first nine months, respectively, with additional by-products of lead, zinc, silver and gold.
Golden Goliath Resources (CVE:GNG) not only owns assets in an area offering significant potential, but it is also led by a CEO with extensive knowledge of Mexico’s Uruachic mining district and has some high-profile shareholders.
Shares in AuRico Gold Inc. are soaring today, up more than 15 per cent on the TSX, as investors cheer the companys decision to sell off a troubled Mexican gold mine to a company owned by Carlos Slim, one of the worlds richest men.
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