Category: Investor’s Corner

Southridge Enterprises Inc. is pleased to announce today that Southridge Minerals, Inc., its wholly owned subsidiary, announces today it recently filed its financial results with the OTC Markets for the third quarter of fiscal 2012. The Company reported net income of $311,611 on revenues of $942,314 for the period ending May 31, 2012. The results for the quarter represented the achievement of a significant milestone for the Company in its initiation of mineral production at the Cinco Minas facility in Jalisco, Mexico.

Las tres mayores empresas mineras con capital mexicano: Grupo México, Industrias Peñoles y Frisco anunciaron que invertirán 6,715 millones de dólares en el 2012 y el 2013, manteniéndose en sus máximos niveles históricos en ese rubro.
Xavier García de Quevedo, presidente de Grupo México, informó que su empresa programa invertir 1,400 millones de dólares en el 2013, un alza de 34% frente a los niveles previstos del 2012.

Capstone Mining Corp. today announced the resignation of Mr. Tony Giardini, CA, CPA, as Sr. Vice President and Chief Financial Officer of Capstone, effective November 30, 2012.

Westminster Resources Ltd. wishes to announce that it has closed the non-brokered private placement of 10,000,000 shares for net proceeds of $1,000,000 announced in its press release dated October 26, 2012. With the closing of this placement Capstone Mining Corp. now owns 17.27% of the Company’s issued and outstanding shares.

Kootenay Silver Inc. is pleased to announce that it has today closed the $1,050,000 balance of its $8,253,000 brokered private placement of units as previously announced on October 4, 2012 and October 25, 2012 and has issued an additional 1,000,000 Units at a purchase price of $1.05 per Unit for gross proceeds of $1,050,000.

Esperanza Resources Corp. today reported that the Company has entered into a surface rights agreement for its wholly-owned Cerro Jumil gold project in Morelos State, Mexico.

Lincoln Mining Corporation is pleased to announce that it has closed the previously announced private placement.

Gold Resource Corporation declares its instituted monthly dividend of $0.06 per common share for October 2012 payable on November 23, 2012 to shareholders of record as of November 12, 2012. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

First Point Minerals Corp. is pleased to announce that the Company’s common shares will be listed and posted for trading on the Toronto Stock Exchange (“TSX”) senior board at the opening of trading on Thursday November 1st, 2012 under the current symbol “FPX”. The Company’s shares will be delisted from the TSX Venture Exchange upon commencement of trading on the TSX.

SilverCrest Mines Inc. is pleased to announce the completion of its prospectus offering announced on October 5, 2012 for gross proceeds of CAD$30 million, together with exercise of the over-allotment option in full for an additional $4.5 million, resulting in total gross proceeds of $34.5 million.