Silver Standard Resources issued its quarterly earnings data on Thursday. The company reported ($0.02) earnings per share for the quarter, beating the analysts consensus estimate of ($0.04) by $0.02. Silver Standard Resourcess revenue was down 8.7% compared to the same quarter last year.
Cayden Resources said late Wednesday it has arranged a non-brokered private placement for a total of $4.2 million.
Excellon Resources Inc. Mexico’s highest grade silver producer, is pleased to provide results for the second quarter of 2012.
San Marco Resources Inc. has completed the second and final tranche of its non-brokered private placement of units announced June 20, 2012 by selling 4,200,000 units at $0.10 per unit for gross proceeds of $420,000. The placement was oversubscribed and a total of $720,000 was raised. The proceeds of the placement will be used for continued drill target definition on San Marco’s 100% owned Los Carlos II gold-silver property, drill target identification on its recently acquired Angeles property, and general working capital.
VANE is pleased to announce an operational update on its gold and silver operations in Mexico.
Golden Minerals Company announces second quarter 2012 results.
Baja Mining Corp has signed a second standstill agreement with lenders to its 70% owned subsidiary, Minera y Metalurgica del Boleo (MMB), in relation to financing for the Boleo project located in Mexico.
Corex Gold Corp. is pleased to advise it has subject to TSX Venture Exchange approval, completed, a non-brokered private placement for 13,481,250 units at a price of $0.08 per Unit. Each Unit consists of one common share and one share purchase warrant. Each Warrant entitles the holder to subscribe for one common share at a price of $0.15 for a period of twenty four months following the closing of the Financing.
Oro Mining Ltd is reminding shareholders of its recommendation to reject the opportunistic “lowball” offer by Wexford Spectrum Trading Limited and Wexford Catalyst Trading Limited, private hedge funds managed and controlled by Wexford Capital LP, to acquire any and all common shares of Oro at a price of $0.11 per common share, which offer is currently set to expire at 5:00 p.m. (Eastern time) on Thursday, August 9, 2012.
Timmins Gold Corp. announces that its second quarter financial statements will be released prior to market open on August 14, 2012, followed by a conference call to discuss the results at 11:15 am (EST). Participants may join the call by dialing toll free 1-888-789-9572 (Canada and U.S.) or 1-416-695-7806 (International) with the passcode 5608657. A replay of the call will be available after the call until August 21, 2012, by dialing 1-800-408-3053 (Canada and U.S.) or 1-905-694-9451 (International) with the passcode 4258434. A live and archived audio webcast will also be available at www.timminsgold.com.
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