Category: Investor’s Corner

Cliffs Natural Resources Inc. today announced executive management appointments effective Oct. 1, 2012.

Golden Minerals Company is pleased to announce that it has entered into an underwriting agreement with Wells Fargo Securities to sell 5,497,504 units, comprised of one share of common stock and a five year warrant to acquire one half of a share of common stock at an exercise price of US$8.42, at a price of US$5.75 per unit, for gross proceeds of US$ 31.6 million. Net proceeds, after underwriting discounts and estimated offering costs, will be approximately US$29.5 million.

Cortez Gold Corp. is pleased to announce that its shareholders have approved all resolutions presented to them at the annual general meeting of the Company held on September 13, 2012. The shareholders re elected four directors to the board, namely Robert Eadie (President & Chief Executive Officer), Gary Arca (Chief Financial Officer & Corporate Secretary), David Gunning and Andrew de Verteuil. The shareholders also reappointed BDO Canada LLP, Chartered Accountants, as the Company’s auditors and ratified and approved the Company’s 10% rolling stock option plan and ancillary matters thereto.

Oremex Gold Inc. announces that Mr. Henry Tse has resigned from the board of directors of the Company to focus on other ventures and commitments. The Company would like to thank Mr. Tse for his contributions and wish him well in his future endeavours.

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.

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 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 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 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.

Esperanza Resources Corp. today reported an updated and increased gold and silver resource at its wholly-owned Cerro Jumil gold project in Morelos State, Mexico.