Starcore International Mines Ltd. is pleased to announce that it has entered into an agreement dated May 10, 2012 with Sprott Resource Lending Corp. pursuant to which Sprott Lending will provide the Company with an $11 million credit facility, to be applied to settle Starcore’s forward sales contracts with Investec Bank plc.
FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the “Company” or “First Majestic”) is pleased to announce the unaudited condensed consolidated interim financial results for the Company for the first quarter ending March 31, 2012. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s web site at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov.
2012 FIRST QUARTER HIGHLIGHTS
Fortuna Silver Mines, Inc. is pleased to announce that it has filed its financial statements and MD&A for the three months ended March 31, 2012.
AuRico Gold Inc. is pleased to report financial results for the first quarter ended March 31, 2012. All amounts are in U.S. dollars unless otherwise indicated.
Santa Fe Gold Corporation is pleased to announce the financial results for the three and nine months ended March 31, 2012. Santa Fe reported record revenues of $8.1 million for the nine months ended March 31, representing a 97% increase over the same period of the prior fiscal year. The Company’s earnings from mining operations also grew significantly over the period to $3.9 million, a 110% increase over the comparable nine month period in 2011. Revenues for the three months ended March 31, 2012 increased by 27% to a record $3.7 million, while earnings from mining operations increased by 59% to $2.1 million. The full version of the financial statements and management’s discussion and analysis are available in the Company’s Form 10-Q filed with the SEC and available at www.sec.gov .
Excellon Resources Inc. Mexico’s highest grade silver producer, is pleased to provide results for the first quarter, 2012.
Golden Minerals Company announces first quarter 2012 results.
Dia Bras Exploration Inc. is pleased to announce a C$45 million private placement of common shares at an offering price of C$3.00 per share. The Offering will be conducted on a best efforts basis through a syndicate of agents led by RBC Capital Markets.
Capstone Mining Corp. today announced its financial results for the three months ended March 31, 2012. Net earnings for the quarter were $15.7 million and cash flow from operating activities was $17.8 million. Capstone ended the quarter with cash on hand of $501.7 million and no debt. Copper production for the quarter at Capstone’s two operating mines, Cozamin and Minto, totalled 18.6 million pounds of copper in concentrates at a total cash cost(1) of $1.45 per payable pound.
Silver Standard Resources Inc. reports consolidated financial results for the first quarter ended March 31, 2012.
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