Category: Investor’s Corner

QRS Capital Corp. announces the closing on April 30, 2012 of the first tranche of its previously announced non-brokered private placement of units of the Company at a price of $0.40 per Unit. The first tranche represented 1,598,850 Units for aggregate gross proceeds of $639,540. Each Unit consisted of one common share and one half of one common share purchase warrant. Each such Warrant will entitle the holder to purchase one common share of the Company at a price of $0.70 per common share until April 29, 2014.

High Desert Gold Corporation reports that it has released its audited consolidated financial statements for the year ended December 31, 2011 and the related management’s discussion and analysis of financial position and results of operations.

Greg Myers, CEO and President of Caza Gold Corp. is pleased to announce that Mr. Marco Montecinos has been appointed Vice President of Exploration, effective immediately. Mr. Montecinos has been managing the Company’s Nicaragua exploration program for the past year and will continue to focus his efforts on building and exploring our portfolio of highly prospective properties in Nicaragua and Mexico.

La minera de Carlos Slim tuvo un beneficio de 701.3 mdp en el primer trimestre del año; el alza se debe a mayores ventas y un aumento en el precio de los metales.

Starcore International Mines Ltd. is pleased to announce that Dr. Peter Megaw, Consulting Geologist has accepted the lead position in Starcore’s Technical Advisory Board.

Dia Bras Exploration Inc. is pleased to announce the filing of its audited Financial Statements and Management Discussion and Analysis for 2011. All amounts are presented in Canadian dollars unless otherwise stated. For the full Financial Statements or MD&A please visit the Company’s website www.diabras.com or SEDAR at www.sedar.com .

Gold Resource Corporation is pleased to report preliminary results from an independent resource estimate compiled from drilling data at the Company’s La Arista vein system at its El Aguila Project in Mexico. Measured and indicated resources include approximately 1.4 million gold equivalent ounces (all metals) at 1 gram gold equivalent cutoff. The estimate is being prepared by the Denver engineering firm of Pincock, Allen & Holt in compliance with the standards established by Canadian Securities Administrators’ National Instrument 43-101 and are considered preliminary until the technical report is finalized.** Investors are urged to read the report when it is completed. The Company commissioned the report under NI 43-101 in an effort to provide resource estimates similar to those provided by its industry peer group, most of which report under NI 43-101. The resource estimates provided in this study are not considered “reserves” as defined by the U.S. Securities and Exchange Commission in Industry Guide 7 and U.S. investors are strongly cautioned not to assume that all or any part of measured, indicated or inferred resources will ever be converted into reserves as defined by the SEC. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico.

The El Cubo transaction whereby Endeavour Silver buys this Mexican silver/gold mine from AuRico Gold appears to be an ideal one offering excellent benefits to both parties.

Focus Gold Corp. is pleased to announce an update on several corporate initiatives.

QRS Capital Corp. announces that, further to its press release dated April 2, 2012, in connection with its previously announced non-brokered private placement, QRS intends to issue up to 11,250,000 units (the “Units”) to subscribers resident in Canada and certain offshore jurisdictions at a price of $0.40 per Unit. Each Unit will consist of one common share and one half of one common share purchase warrant. Each such Warrant will entitle the holder to purchase one common share of the Company at a price of $0.70 per common share for a period of 24 months from the closing date of the Offering. Securities issued under the Offering will be subject to a four month hold period which will expire four months from the date of closing.