NWM Mining Corporation announces that it has made a US $1.5 million payment due August 31, 2012 pursuant to the terms of the second amended and restated promissory note dated effective October 26, 2011 and the promissory note dated June 12, 2009, as amended. In conjunction with this loan repayment a drawdown of additional funds totalling US $1.0 million was made under the Company’s revolving credit facility.
Golden Minerals Company, which fell 7% Thursday, provided an update for the Velardena Operations, located in Durango State in Mexico.
Mundoro Capital Inc. responds to dissident shareholder Northern Minerals Investment Corp. regarding their ongoing accusations which are inaccurate and defamatory. The Company will, as it has previously advised the dissident group’s counsel, provide the requested information once it has been delivered to the Company by its independent scrutineer. The Company is disappointed the dissident group continues to dispute matters that have been decided upon by shareholders.
Dia Bras Exploration Inc. is pleased to announce the filing of its unaudited Financial Statements and Management Discussion and Analysis for the second quarter of 2012. All amounts are presented in Canadian dollars unless otherwise stated. For the full Financial Statements or MD&A please visit the Company’s website www.diabras.com or SEDAR at www.sedar.com
Guerrero Exploration (CVE:GEX) said it has closed its financing for a total of nearly $0.5 million in gross proceeds.
Hecla Mining Company today announced its Board of Directors has elected to declare the regular quarterly dividend of $0.875 per share on the outstanding Series B Cumulative Convertible Preferred Stock.
Scorpio Gold Corporation is pleased to announce its unaudited financial and operating results for the second quarter ended June 30, 2012. This press release should be read in conjunction with the Company’s Management Discussion & Analysis, Financial Statements and Notes to Financial Statements for Q2, available on the Company’s website at www.scorpiogold.com and on SEDAR at www.sedar.com. All monetary figures are expressed in US dollars unless otherwise specified.
Millennium Mining Corp. reports its 2nd Quarter 2012 financial statements and MD&A for the 2nd Quarter ended June 30, 2012. Pursuant to the requirements of National Instrument 54-102, this news release provides a summary of the information contained in the Quarterly Report.
Baja Mining Corp. reports that the Korean consortium has contributed US$90 million to its subsidiary Minera y Metalurgica del Boleo S.A. de C.V. completing Stage I of the financing announced by Baja on July 26, 2012.
Mundoro Capital Inc. announces that it firmly stands behind all procedures followed during the Annual General and Special Meeting of shareholders held yesterday, August 27, 2012 in Vancouver.
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