Category: Investor’s Corner

Cream Minerals Announces Delay in Filing of Technical Report

Cream Minerals Ltd. announces that there will be a delay in filing the National Instrument 43-101 compliant technical report to support the updated mineral resource estimate at the Company’s 100%-owned Nuevo Milenio Silver Gold Project in Nayarit State, Mexico. Pursuant to NI 43-101, the Technical Report is required to be filed on or before September 13, 2012, being 45 days from the date of the announcement on July 30, 2012 of the completion of the Updated Independent Mineral Resource Estimate. The Technical Report is being prepared by Dr. Derek McBride, P.Eng., a qualified person independent of the Company under NI 43-101. For more information regarding the Updated Independent Mineral Resource Estimate, please refer to the Company’s news release of July 30, 2012.

Lake Shore Gold Announces Management Change

Lake Shore Gold Corp. announced today that Mario Stifano, Vice-President and Chief Financial Officer, will leave the Company in October to assume a new position as a chief executive officer with a private company focused on mineral exploration.

Altair Ventures Changes Name to Altair Gold Inc.

Altair Ventures Incorporated announces that the Company has changed its name to Altair Gold Inc. effective September 10, 2012 pursuant to the Articles of the Company and as approved by the Company’s board of directors.

Selwyn Resources Announces Changes to its Board

Following the suspension of the strategic review process (September 6, 2012 news release), Selwyn has restructured its Board to reflect the mandate given to Harlan Meade to raise working capital to advance the Company’s business plan. Selwyn Resources Ltd. is pleased to announce that George Stevens, Lorne Anderson, and David Kwong have been appointed to the Board of Directors of Selwyn. Harlan Meade, Selwyn’s President and CEO, said, “I am pleased to welcome the new members to the Selwyn Board and look forward to working with them. Additional directors are expected to be added to the Board over the coming weeks as Selwyn completes the restructuring of the Board to better meet the needs of the Company as it seeks to advance its core mine development projects.”

Endeavour Silver Provides El Cubo Capital Budget and Operational Update

Endeavour Silver Corp. announces that it has finalized the details of its capital investment programs for the El Cubo mine and plant for 2012 and 2013. The Company also provides an operational update on the progress to date of its initiatives to turn around the mine performance.

Allied Gold shares delisted

The Financial Services Authority has cancelled Allied Gold Mining from the Official List on the London Stock Exchange at the request of the company.

Southridge Enterprises Inc. (SRGE) Stock increases on Good Quarterly Numbers

Southridge Enterprises Inc. (OTC: SRGE) stock closed its latest trading session at $0.0032, up 33.33 percent from its previous close. Its latest trading volume has been recorded at 152 million shares, in contrast to the average daily trading volume of 15.16 million shares. The company’s market capitalization stands at $2.70 million. SRGE has 843.08 million shares outstanding in the market. The company stock’s beta is -14.22.

Evrim Appoints Board Chair and New Executive Roles

Evrim Resources Corp. is pleased to announce key changes to the Company’s executive team and the appointment of Mr. Ken Paul, Director of the Company, to Chairman of the Board. Mr. Paul will serve as a key leader on the Board of Directors and help guide the strategic vision of the company.

Source Announces New Board and CFO Appointments and Granting of Incentive Options

Source Exploration Corp. announced today that Gorden Glenn, B.Sc., has been appointed Chairman of the Board of Directors. Mr. Glenn has extensive experience in the mining sector, having held senior positions with a number of major Canadian Banks and Securities firms focused on large, medium and small cap mining and exploration companies. His financial market experience includes mine finance, M&A, and project evaluation. Mr. Glenn also served as President & CEO of Foran Mining Corporation and is currently Interim President, CEO and Director of Auriga Gold Corp. He holds an Honours Bachelor of Science degree in Geological Sciences from Queen’s University, and has considerable experience in directing and executing exploration programs gained during his employment with Kennecott Canada Inc and Inmet Mining Corporation. Mr. Ewan Downie will step down as Chairman of Source but remain a Director of the Company.

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