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.
(Reuters) – A sudden squall of equity deals arranged for Canadian junior miners signals a potential thaw in a year-long freeze on new financings that has held back the pace of mining exploration.
Vancouver-based Tarsis Resources (CVE:TCC) late yesterday said that the financing it announced last month was oversubscribed, and has therefore increased the offering by more than double to $1.03 million.
Seafield Resources Ltd. is pleased to announce the appointment of David Prins as the Company’s Chief Operating Officer, effective today.
Jim Williams, Arian Silver CEO (LON:AGQ CVE:AGQ) tells Proactiveinvestors that while the company is waiting for the interim mill to be agreed upon the ultimate goal is to work towards a bespoke mill to increase milling capacity and ultimately bring production costs right down. Jim also talks about Arians biggest shareholder which is also one of worlds biggest silver investors Sprott Asset Management
Bearing Resources Ltd. is pleased to announce the appointment of Geoff Chater as Executive Chairman, Robert Cameron as President and CEO and David Watkins as Lead Independent Director as part of a management realignment.
Orko Silver Corp. (CVE:OK) says it is has signed confidentiality agreements with several parties as its La Preciosa project in Mexico looks more and more attractive.
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