Category: Investor’s Corner

Defiance Silver Corp Adds George Gorzynski to Its Board of Directors

Defiance Silver Corp is pleased to announce that further to the Defiance news release dated August 31, 2011, George Gorzynski, P.Eng., has joined its Board of Directors. Mr. Gorzynski holds a Bachelor of Applied Science (Honours) from the University of Toronto and a Master of Applied Science from the University of British Columbia. He is a Professional Engineer registered in the Province of British Columbia. George has over 30 years experience exploring and developing mining projects in Mexico and worldwide.

Oroco Closes Second Tranche of Non-Brokered Private Placement

Oroco Resource Corp. announces it has today closed the second and final tranche of a non-brokered private placement financing (the “Financing”) it previously announced by news release dated February 27, 2012, and amended March 2, 2012. The Company has raised gross proceeds of $647,500 in this second tranche closing through the sale of a total of 2,590,000 units at a price of $0.25 per unit. Each unit consists of one common share and one half of one common share purchase warrant. Each whole share purchase warrant will be exercisable into one additional common share for a period of 18 months at a price of $0.40 per share. The securities issued in connection with this private placement will be subject to a four-month hold period in accordance with applicable Canadian Securities Laws.

Baja Mining Comments on ISS Recommendation

Baja Mining Corp. today commented on a report issued by Institutional Shareholder Services regarding the proxy contest initiated by dissident shareholder Mount Kellett Master Fund II A LP. A Baja shareholders’ special meeting requisitioned by Mount Kellett is scheduled for April 3, 2012.

UC Resources – Message from the CEO

I recently attended the annual PDAC convention in Toronto and met with a number of shareholders. We always welcome the opportunity to directly answer questions and discuss company plans with our shareholders. We believe in being accessible, accountable and responsive.

Fresnillo Sticks To Dividend Policy As It Boosts Capex

Fresnillo has no plans for a special dividend despite strong cash position, no debt

-Fresnillo plans to use cash to fund a 54% rise in its 2012 capex plan

-Fresnillo on track to open every year a new mine or complete expansion project over next 5 years

Guerrero Amends Terms of $1,500,000 Brokered Private Placement, Euro Pacific Canada Acts as Agent

Guerrero Exploration Inc. (“Guerrero” or the “Company”) (TSX-V: “GEX”) announces that the Company has amended the terms the previously announced private placement being brokered by Euro Pacific Canada Inc. (“the Agent”). Subject to regulatory approval, the placement now consists of up to 12,000,000 Units at $0.125 per Unit for total gross proceeds of $1,500,000. Each Unit will consist of one common share and one-half of a common share purchase warrant (a “Warrant”). In addition, the Company will grant the Agent an option to sell up to 15% additional Units under the same terms to raise additional gross proceeds of $225,000. Each whole Warrant will entitle the holder to purchase one common share at $0.25 for a period of 12 months from the date of closing.

UC Resources Hires Senior Geologist and Provides Update

The company has hired Gerado Tarin Zapata as its Senior Geologist. Mr. Zapata has over 20 years of experience including 6 years at the Dolores project, which included exploration of the epithermal – hydrothermal ore deposit resulting from the Sierra Madre volcanics.

Newstrike Closes C$24.8 Million Bought Deal Private Placement

Newstrike Capital Inc. is pleased to announce that it has closed its previously announced C$24.8 million bought deal private placement of common shares. Newstrike issued a total of 8,000,000 common shares at a price of C$3.10 per common share raising gross proceeds of C$24.8 million. The private placement financing was placed by a syndicate of underwriters led by Cormark Securities Inc. and including GMP Securities L.P., Scotia Capital Inc., Euro Pacific Canada Inc., Desjardins Securities Inc., Macquarie Capital Markets Canada Ltd. and Raymond James Ltd.

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