Category: Investor’s Corner

War Eagle Mining Company Inc. proposes to raise up to $1,000,000 by way of a non-brokered private placement offering of units of the Company.

TORONTO, Sept. 6, 2011 /CNW/ – Zaruma Resources Inc., (TSXV-ZMR), (the “Company” or “Zaruma”) today announced that J. Robert McNair, the Chief Operating Officer of the Company working on the Company’s Luz del Cobre copper project in Sonora, Mexico has resigned in order to pursue other interests. Dr. Thomas Utter, CEO of Zaruma stated that the resignation will not affect the progress of the Project. Senior personnel have been engaged and are on site, and M3 Engineering & Construction, Inc. of Tucson, Arizona and its Hermosillo, Sonora, Mexico office are already at work on the restart of the engineering, procurement and construction management aspects of the project.

Golden Minerals Company and ECU Silver Mining Inc. are pleased to announce the closing of their previously disclosed business combination by way of a court-approved plan of arrangement under the Business Corporations Act (Quebec).

MONTREAL, QUEBEC–(Marketwire – Sept. 2, 2011) – BOWMORE Exploration Ltd. (TSX VENTURE:BOW), (the “Company”) is pleased to announce that it has increased its non-brokered private placement, (the “Private Placement”) for total gross proceeds of up to $1,900,000 subject to regulatory approval. On August 29th, 2011 the Company had announced a non-brokered private placement of up to $1,500,000. The Private Placement will now consist of up to 3.8 million flow-through units (the “Units”) at a price of $0.50 per Unit, each Unit consisting of one common share to be issued as a “flow-through” share for the purposes of the Income Tax Act (Canada) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to acquire one non flow-through common share of the Company for a period of twenty four (24) months at an exercise price of $0.75 per share.

First Mexican Gold Corp., on a best efforts basis, is arranging a non-brokered private placement of up to $240,000 through the sale of one million units at 24 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 30 cents per share, for a period of two years. The financing is subject to regulatory approval.

TORONTO, ONTARIO, Sep 01, 2011 (MARKETWIRE via COMTEX) — SOURCE EXPLORATION CORP. (the “Corporation” or “Source”) (tsx venture:SOP) announced today that it has retained Andreas Curkovic of Toronto, Ontario to assist the Corporation with investor relations activities for current shareholders and potential investors. Mr. Curkovic is the founder of Proconsul Capital, which provides investor relations services to Canadian publicly listed companies. Services provided by Mr. Curkovic will focus on the investor communications, planning and coordination of investment meetings, providing newswire services, and management of communications material, with a view to achieving a high level of awareness of Source in the investment community and to broaden the shareholder base.

The address of the new website will remain the same as www.impactsilver.com. The website has a new, user-friendly interface with concise, informative content to give visitors to the site a better understanding of IMPACTs operations in its 623-square-kilometer land package including the 423-square kilometer Zacualpan Silver and Gold District, 200-square-kilometer Mamatla Mineral District and Zacatecas District.

Aura Silver Resources Inc. announces that it has closed the first tranche of its brokered private placement financing issuing 7,670,587 flow-through units (the “FT Units”) for gross proceeds of $1,304,000 and 2,156,667 units (the “Units”) for gross proceeds of $323,500. Union Securities Ltd. (“Union”) acted as agent for this financing.

LONDON, ENGLAND–(Marketwire – Sept. 1, 2011) – Arian Silver Corporation (“Arian” or the “Company”) (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the release of a Mineral Resource Report dated 18 August 2011 and entitled “Arian Silver Corporation, Resource Estimate 43-101 Technical Report, San José Project, Zacatecas, Mexico” prepared by CSA Global (UK) Limited (the “SJ 2011 Technical Report”) relating to the updated mineral resource estimates contained in Arian’s press release dated 20 July 2011 entitled “Arian Silver Announces Significant Increase in Mineral Resources at San José.”

Pan American Goldfields Ltd. (OTCQB:MXOM ; FSE:OY1A) is a precious metals exploration and development company. Its focus is major gold belts in North and South America. Pan American has two flagship projects. The first is the Cieneguita Project, in Mexico, where drilling has defined an indicated an inferred resource of 1.1million ounces gold equivalent and pilot gold and silver production is underway as is a preliminary economic assessment (PEA) for a much larger operation.