Category: Investor’s Corner

Baja Mining Shareholders Are Urged to Act Now to Protect Their Investment

Mount Kellett Capital Management LP (“Mount Kellett”), today sent a letter to fellow shareholders of Baja Mining Corp. (TSX:BAJ) (OTCQX: BAJFF) (“Baja” or the “company”), urging them to act now to protect their investment in Baja. Mount Kellett has nominated two independent nominees for election to the Baja board at the Special Meeting of Shareholders to be held on April 3, 2012. For more information on how to vote your BLUE proxy, as well as access to other important materials, please visit www.ShareholdersForBaja.com.

Gold Resource Corporation Hires Chief Operating Officer

Gold Resource Corporation is pleased to announce hiring Mr. Rick Irvine as the Company’s Chief Operating Officer. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico.

Source Exploration Corp. Completes $2,990,000 Non-Brokered Private Placement

Source Exploration Corp. (“Source” or the “Company”) (TSX VENTURE:SOP) is pleased to announce the closing on March 1, 2012 of its previously announced non-brokered private placement of 11,500,000 units (the “Units”) at a price of $0.26 per Unit for gross proceeds of $2,990,000 (the “Offering”).

Urastar Announces Appointment of CEO

Urastar Gold Corp. announces the appointment of Mr. Adrian Robertson, P.Eng. (currently a director of the Company), as President and CEO of the Company. The appointment follows the resignation of Mr. Tom Kennedy as interim CEO. Mr. Kennedy will continue as Corporate Secretary of the Company.

Baja Mining Advises Shareholders: Don’t Trust the Mount Kellett Wolf in Sheep’s Clothing

Vancouver, March 1, 2012 – Baja Mining Corp. (TSX: BAJ – OTCQX: BAJFF) today announced that it has filed and is mailing a second letter to shareholders. In the letter, Baja responds to misleading statements by dissident shareholder Mount Kellett Master Fund II A L.P., and highlights Mount Kellett’s failure to address seven critical facts in its dissident circular. Baja cautions shareholders not to trust the Mount Kellett wolf in sheep’s clothing.

Silver Bull Appoints Vice President Of Metallurgy

Vancouver, British Columbia — Silver Bull Resources, Inc. (TSX: SVB, AMEX: SVBL) (“Silver Bull”) is pleased to announce the appointment of George Rawsthorne P.Eng. to the role of Vice President of Metallurgy.

Excalibur Resources Completes Private Placement

Excalibur Resources Ltd. announces that, further to its news release of February 23, 2012, it has completed its non-brokered private placement of 6,190,000 Units at $0.10 per Unit for a total of $619,000. Each Unit consists of one common share and one share purchase warrant, exercisable to acquire an additional common share at $0.15 per share during the first year, and at $0.20 per share in the second year.

All News