Fortunate Sun Announces New VP Exploration
Fortunate Sun Mining Company Ltd. is pleased to announce the appointment of Mr. Kristian Whitehead P.Geo. as Fortunate Sun’s Vice President of Exploration.
Fortunate Sun Mining Company Ltd. is pleased to announce the appointment of Mr. Kristian Whitehead P.Geo. as Fortunate Sun’s Vice President of Exploration.
First Mexican Gold Corp., on a best efforts basis, is arranging a non-brokered private placement of up to $300,000 through the sale of one million units at 10 cents per unit. Each unit consists of one common share and one-half of one non-transferable share purchase warrant, with each whole warrant being exercisable at a price of 12 cents per share, for a period of two years. The financing is subject to regulatory approval.
Great Panther Silver Limited reports first quarter production at its two wholly-owned Mexican silver mining operations, Guanajuato and Topia. Metal production continues to improve and, at 557,667 silver equivalent ounces, was up 2% over the fourth quarter of 2011. Silver production totaled 359,526 oz and silver metal recovery at the Guanajuato plant reached an all-time high of 90.1%. As well, a quarterly record of gold production was achieved with 2,729 ounces produced.
TORONTO, ONTARIO–(Marketwire – April 16, 2012) – Oremex Silver Inc. (“Oremex” or the “Company”) (TSX VENTURE:OAG)(OTCQX:ORAGF)(FRANKFURT:OSI) announces that it intends to complete a non-brokered private placement of up to 10,000,000 units (the “Units”) from treasury at a price of $0.15 per Unit for aggregate proceeds of up to $1,500,000 (the “Offering”).
Excellon Resources Inc. Mexico’s highest grade silver producer, is pleased to report March and the first quarter 2012 production results from its La Platosa operations in Durango State, Mexico.
Excalibur Resources Ltd. announces that it has arranged a nonbrokered private placement of up to 6,000,000 Units at $0.145 per Unit for a total of $870,000.
Fortuna Silver Mines Inc. announces production figures for the first quarter of 2012 from its two operating mines in Latin America, the San Jose mine in Mexico and the Caylloma mine in Peru. Both mines are performing above planned production levels and the Company is on schedule to deliver 3.7 million ounces of silver and 17,400 ounces of gold or 4.6 million ounces of silver equivalent plus significant base metal by-product in 2012.
Aurcana Corporation is pleased to report its audited financial results for December 31, 2011. The summary of the selected financial information should be read in conjunction with the audited financial statements and the related management’s discussion and analysis dated April 12, 2012 together referred to as the “Financial Statements”, which have been filed on SEDAR (www.sedar.com) and the Company’s website (http://www.aurcana.com). All figures are in US dollars unless otherwise noted.
Scorpio Mining Corporation is pleased to announce today that its 2012 Annual General and Special Meeting of Shareholders will be held at 4:00 p.m. Eastern Time on Wednesday, June 13, 2012 at the TSX Broadcast Centre, The Exchange Tower, 130 King Street West, Toronto, Ontario, M5X 1J2.
Vancouver, April 12, 2012 – Canasil Resources Inc.(“Canasil”, TSX-V: CLZ, DB Frankfurt: 3CC) announces that the Company is applying to the TSX Venture Exchange to reduce to $0.21 the exercise price of 610,000 warrants issued in connection with a private placement which closed on May 6, 2011. The expiry date of the warrants has not been changed and remains at May 6, 2012. The amended warrant price is subject to acceptance by the TSX Venture Exchange (“the Exchange”).
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