Category: Investor’s Corner

San Marco Closes Final Tranche of $420,000 in Private Placement

San Marco Resources Inc. has completed the second and final tranche of its non-brokered private placement of units announced June 20, 2012 by selling 4,200,000 units at $0.10 per unit for gross proceeds of $420,000. The placement was oversubscribed and a total of $720,000 was raised. The proceeds of the placement will be used for continued drill target definition on San Marco’s 100% owned Los Carlos II gold-silver property, drill target identification on its recently acquired Angeles property, and general working capital.

Corex Completes Non-Brokered Private Placement for $1,078,500

Corex Gold Corp. is pleased to advise it has subject to TSX Venture Exchange approval, completed, a non-brokered private placement for 13,481,250 units at a price of $0.08 per Unit. Each Unit consists of one common share and one share purchase warrant. Each Warrant entitles the holder to subscribe for one common share at a price of $0.15 for a period of twenty four months following the closing of the Financing.

Oro Mining Ltd. : Oro Mining Board Reminds Shareholders of its Recommendation to Reject Wexford’s Opportunistic “Lowball” Offer

Oro Mining Ltd is reminding shareholders of its recommendation to reject the opportunistic “lowball” offer by Wexford Spectrum Trading Limited and Wexford Catalyst Trading Limited, private hedge funds managed and controlled by Wexford Capital LP, to acquire any and all common shares of Oro at a price of $0.11 per common share, which offer is currently set to expire at 5:00 p.m. (Eastern time) on Thursday, August 9, 2012.

Timmins Gold Provides Notice of Q2 2012 Financial Results on August 14, 2012

Timmins Gold Corp. announces that its second quarter financial statements will be released prior to market open on August 14, 2012, followed by a conference call to discuss the results at 11:15 am (EST). Participants may join the call by dialing toll free 1-888-789-9572 (Canada and U.S.) or 1-416-695-7806 (International) with the passcode 5608657. A replay of the call will be available after the call until August 21, 2012, by dialing 1-800-408-3053 (Canada and U.S.) or 1-905-694-9451 (International) with the passcode 4258434. A live and archived audio webcast will also be available at www.timminsgold.com.

Levon Files Updated NI 43-101 Report on SEDAR and Provides Corporate Update

Levon Resources Ltd, is pleased to report that further to the news release of June 19, 2012, it has filed the updated NI 43-101 compliant resource report on Sedar for the Cordero Project in Chihuahua State, Mexico. The resource update was completed by Independent Mining Consultants in collaboration with M3 Engineering and Technology of Tucson, AZ.

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