Category: Investor’s Corner

VVC Exploration Corporation announces that its Board of Directors has initiated a strategic review process to consider a range of strategic alternatives that have presented themselves to the Company, with a view to enhancing shareholder value. Strategic alternatives may include, but are not limited to, the acquisition of certain mining assets in Mexico, a merger or other business combination transaction involving a third party, a joint venture, as well as continued execution of the Company’s existing business plan, or any combination thereof. Independent of the strategic review process, the Company plans on raising capital to fund its Cumeral exploration program and ongoing operations. The terms of this financing will be announced in due course in accordance with the rules of the TSX Venture Exchange.

Tarsis Resources Ltd. is pleased to announce that the financing announced on September 16, 2012 and increased on October 2, 2012 has been closed.

Timmins Gold Corp. is pleased to report record production of 25,153 ounces of gold for its Q3 2012 fiscal quarter ended September 30, 2012. Timmins Gold also produced 13,857 ounces of silver during the quarter.

Baja Mining Corp. announces that the Korean Consortium has advanced US$6.7 million to Minera y Metal¨²rgica del Boleo S.A. de C.V.

Kootenay Silver Inc. is pleased to announce that it has filed a technical report prepared in accordance with National Instrument 43-101 in support of the Company’s August 21, 2012 news release, which included a mineral reserve estimate at its Promontorio Silver Project in Sonora, Mexico.

Gunpoint Exploration Ltd. announces a non-brokered private placement to raise up to $2 million through the sale of 4 million units of the company at a price of $.50 per unit. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each full warrant will entitle the holder to purchase one additional common share at the price of $.75 for a period of one year from closing the offering.

Shares of Primero Mining Corp (P.TO) rose more than 41 percent shortly after the market open on Friday after the junior gold miner said it had received a positive ruling from Mexican tax authorities on how it reports silver revenues.

SilverCrest Mines Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Dundee Securities Ltd., and including Canaccord Genuity Corp. to purchase 10,235,000 common shares of the Company at a price of $2.55 per Common Share for gross proceeds of $26,099,250 on a bought deal basis.

Primero Mining Corp. announced today that the Company’s Mexican subsidiary has received a positive ruling from the Mexican tax authorities (Servicio de Administración Tributaria) on its Advance Pricing Agreement filing made in October 2011. The ruling confirms that the Company’s Mexican subsidiary appropriately records revenue and taxes from sales under the silver purchase agreement1 at realized prices rather than spot prices effective from August 6, 2010.

Kootenay Silver Inc. is pleased to announce that it has entered into an agreement with Dundee Securities Ltd., on behalf of a syndicate including PI Financial Corp. under which the Agents have agreed to offer for sale, on a best efforts private placement basis, 5,720,000 units at a price of $1.05 per Unit for gross proceeds of $6,006,000.