Category: Investor’s Corner

Bell Copper Announces Proposed Share Consolidation

Bell Copper Corporation announces that a consolidation of its common shares will be proposed to its shareholders at the upcoming annual and special meeting of shareholders scheduled to be held on June 26, 2012.

Galore Closes Private Placement

Galore Resources Inc. has closed its non-brokered private placement offering of CDN $750,000 announced on Wednesday May 2, 2012. The total number of securities issued in the financing consists of 7,500,000 Units priced at $0.10 per unit.

Aura Silver Announces Appointment of Vice President of Exploration and New Board Member

Aura Silver Resources Inc. is pleased to announce that Mr. Alain Vachon has accepted the position of Vice President Exploration of Aura Silver. In addition, Mr. Nick Tintor has accepted an appointment to the Board as an independent Director. Alain replaces Mr. Eric Craigie who has retired from his management position but who will remain with the Board as a Director.

Aurcana Reports: Record 1st Quarter Results

Aurcana Corporation is pleased to report its unaudited financial results for the first quarter ended March 31, 2012. The summary of the selected financial information should be read in conjunction with the Condensed Interim Consolidated Financial Statements (Unaudited) and the related Management Discussion and Analysis for the quarter ended March 31, 2012 dated May 24, 2012 together referred to as the “Financial Statements”, which have been filed on SEDAR (www.sedar.com) and the Company’s website (http://www.aurcana.com). All figures are in US dollars unless otherwise noted.

Esperanza Resources Corp. Announces Closing of $34 Million Special Warrant Offering

Esperanza Resources Corp. is pleased to announce that it has closed the previously announced private placement of 24,000,000 special warrants at a price of C$1.25 per Special Warrant for aggregate gross proceeds of C$30 million. The Offering was conducted through a syndicate of agents co-led by Cormark Securities Inc. and National Bank Financial Inc. and including Canaccord Genuity Corp. and Stonecap Securities Inc. The Agents also partially exercised the Agents’ option and sold an additional 3,214,000 Special Warrants at the Issue Price for additional gross proceeds of approximately C$4 million. As consideration for their services in connection with the Offering, the Company has paid to the Agents a cash commission equal to 6% of the proceeds of the Offering.

Excalibur Resources Completes $1.168 Million Private Placement

Excalibur Resources Ltd. announces, further to its news release of April 16, 2012, that it has completed a non-brokered private placement of 8,060,535 Units at $0.145 per Unit for a total of $1,168,777. Each Unit consists of one common share and one-half share purchase warrant. Each whole warrant is exercisable to acquire an additional common share at $0.20 per share for a one year period.

Argonaut Exploration Inc. Announces Non-Brokered Private Placement

Argonaut Exploration Inc. announces that it intends to complete a non-brokered private placement of up to 10,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $500,000. Each Unit shall be composed of one common share in the capital of the Company and one flow-through Common Share purchase warrant. Each Warrant shall be exercisable into one Common Share issued on a tax “flow-through” basis at an exercise price of $0.10 per Flow-Through Share until December 31, 2012.

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