Xtierra Inc. is pleased to announce that it has engaged Runge Pincock Minarco, the world’s largest independent group of mining technical experts to take responsibility for the completion of the feasibility study work on its Bilbao project, located in the State of Zacatecas, Mexico and to act as Qualified Person in accordance with National Instrument 43-101.
Sierra Metals Inc. is pleased to announce that the Company has adopted a policy whereby it intends to declare and pay cash dividends on a quarterly basis. In respect of the year 2013, the Company intends to pay aggregate cash dividends of approximately $10 million.
Mexico City, February 11, 2013 – Under the resolutions adopted by the Annual Ordinary General Stockholders’ Meeting of GRUPO MÉXICO, S.A.B. de C.V. (the “Company”) held April 30, 2012, the Company reports to stockholders that the Board of Directors approved at its session held January 25, 2013 to issue the payment of a dividend, charged to the Company retained earnings account with funds from the net fiscal earnings account, of $0.26 (TWENTY-SIX MEXICAN PESO CENTAVOS) per outstanding Company share on single exhibition, as of Thursday, February 28, 2013 against Coupon Number 38 of the current Stock Certificate (2008 Issue). PLACE FOR THE PAYMENT OF DIVIDEND
Plata Latina Minerals Corporation is pleased to announce it has closed the private placement equity financing previously announced on January 18, 2013 with Canaccord Genuity Corp. The Company has issued 8,245,000 Units of the Company at an issue price of C$0.40 per Unit for gross proceeds of C$3,298,000.
Avino Silver and Gold Mines Ltd. is pleased to announce the following January 2013 production results from its San Gonzalo mine operation located on the Avino property near Durango, Mexico. The figures are highlighted by a 14% increase in silver production and 10% increase in gold production over December. Silver feed grades also increased, from 287 g/t in December to 315 g/t in January.
Mr. Lenic Rodriguez, President & CEO of Aurcana Corporation states: “I am very pleased to announce the appointment of Mr. Arthur H. Ditto as a board member of Aurcana. Mr. Ditto’s extensive mine operating experience, having served as President, CEO, and director of a number of major public mining companies, including Kinross Gold Corporation, will strengthen our leadership as we work to become a senior silver producer.”
Santa Fe Metals Corporation announces that it will proceed with its proposed share consolidation as announced in its press release dated February 6, 2013 on the basis of five pre-Consolidation common shares for one post-Consolidation common share. The Consolidation will be effective at the open of the market on February 12, 2013.
Marlin Gold Mining Ltd. is pleased to announce that it has filed a final long form prospectus with the securities regulatory authorities in each of the provinces of British Columbia, Alberta, Manitoba and Ontario relating to a rights offering. Registered shareholders in the Qualifying Jurisdictions will receive one right for each common share held as at the record date, which has been set as February 21, 2013. Each 1.026 rights entitle the holder thereof to subscribe for one common share at a price of $0.08 per share prior to 4:00 p.m. (Eastern Time) on March 25, 2013. Rights not exercised by that time will be void and have no value.
War Eagle Mining Company Inc. announced today that it and a wholly owned subsidiary had entered into a definitive agreement dated January 23, 2013 with Andromeda Resources Inc. The Amalgamation Agreement was entered into pursuant to a merger agreement between War Eagle and Andromeda announced on January 21, 2013. The wholly-owned War Eagle subsidiary resulting from such amalgamation will carry on the base metals development business of Andromeda in Mexico. The Amalgamation Agreement was approved by the Andromeda shareholders at a meeting on February 4, 2013, by the TSX Venture Exchange on February 7, 2013 and the amalgamation was effective on February 8, 2013.
Hecla Mining Company is pleased to announce the appointment of Mr. Mike Westerlund to the position of Vice President – Investor Relations, effective immediately. In this role, Mr. Westerlund will lead the investor relations and external communications functions for the company and will be the primary liaison between Hecla and its investors, analysts and the financial community globally. He will be based in Hecla’s office in Vancouver, British Columbia.
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