Category: Investor’s Corner

Kinross Named to Dow Jones Sustainability World Index

Kinross Gold Corporation announced today that it has been named to the Dow Jones Sustainability World Index for the second consecutive year, and to the Dow Jones Sustainability North America Index for the third consecutive year.

Grupo Mexico Takes Issue with Sizeable Lawyer Fees in Delaware Case

Mexican mining company Grupo Mexico SAB expanded Thursday on its rationale for requesting a rehearing before the Delaware Supreme Court on a ruling that the company unfairly profited from a deal between two of its units, taking issue specifically with the sizeable lawyer fees awarded in the case.

Cream Minerals Announces Delay in Filing of Technical Report

Cream Minerals Ltd. announces that there will be a delay in filing the National Instrument 43-101 compliant technical report to support the updated mineral resource estimate at the Company’s 100%-owned Nuevo Milenio Silver Gold Project in Nayarit State, Mexico. Pursuant to NI 43-101, the Technical Report is required to be filed on or before September 13, 2012, being 45 days from the date of the announcement on July 30, 2012 of the completion of the Updated Independent Mineral Resource Estimate. The Technical Report is being prepared by Dr. Derek McBride, P.Eng., a qualified person independent of the Company under NI 43-101. For more information regarding the Updated Independent Mineral Resource Estimate, please refer to the Company’s news release of July 30, 2012.

Lake Shore Gold Announces Management Change

Lake Shore Gold Corp. announced today that Mario Stifano, Vice-President and Chief Financial Officer, will leave the Company in October to assume a new position as a chief executive officer with a private company focused on mineral exploration.

Altair Ventures Changes Name to Altair Gold Inc.

Altair Ventures Incorporated announces that the Company has changed its name to Altair Gold Inc. effective September 10, 2012 pursuant to the Articles of the Company and as approved by the Company’s board of directors.

Selwyn Resources Announces Changes to its Board

Following the suspension of the strategic review process (September 6, 2012 news release), Selwyn has restructured its Board to reflect the mandate given to Harlan Meade to raise working capital to advance the Company’s business plan. Selwyn Resources Ltd. is pleased to announce that George Stevens, Lorne Anderson, and David Kwong have been appointed to the Board of Directors of Selwyn. Harlan Meade, Selwyn’s President and CEO, said, “I am pleased to welcome the new members to the Selwyn Board and look forward to working with them. Additional directors are expected to be added to the Board over the coming weeks as Selwyn completes the restructuring of the Board to better meet the needs of the Company as it seeks to advance its core mine development projects.”

Endeavour Silver Provides El Cubo Capital Budget and Operational Update

Endeavour Silver Corp. announces that it has finalized the details of its capital investment programs for the El Cubo mine and plant for 2012 and 2013. The Company also provides an operational update on the progress to date of its initiatives to turn around the mine performance.

Allied Gold shares delisted

The Financial Services Authority has cancelled Allied Gold Mining from the Official List on the London Stock Exchange at the request of the company.

Southridge Enterprises Inc. (SRGE) Stock increases on Good Quarterly Numbers

Southridge Enterprises Inc. (OTC: SRGE) stock closed its latest trading session at $0.0032, up 33.33 percent from its previous close. Its latest trading volume has been recorded at 152 million shares, in contrast to the average daily trading volume of 15.16 million shares. The company’s market capitalization stands at $2.70 million. SRGE has 843.08 million shares outstanding in the market. The company stock’s beta is -14.22.

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