Category: Investor’s Corner

Cangold Limited announces that, further to the News Release dated June 20, 2012, to meet TSX-V Policy requirements, the market price which triggers the accelerated exercise provision has been reduced from $0.30 to $0.26, so that, in the case of all warrants being re-priced, the exercise period will be reduced to 30 calendar days if, for any 10 consecutive trading days during the unexpired term of the warrants, the closing price of the common shares of the Company is at least $0.26. The reduced exercise period of 30 days will begin 7 calendar days after the 10th Premium Trading Day.

Avino Silver & Gold Mines Ltd. as reported on May 11, 2012, the Company’s public disclosures on mineral resource estimates regarding the Company’s Avino property in Durango, Mexico, have been under review by the British Columbia Securities Commission. This review resulted in the Company issuing a news release on May 11, 2012 to clarify and retract certain disclosures it has made.

Aura Silver Resources Inc. announces that it has closed the first tranche of its non-brokered private placement issuing 2,000,000 units for proceeds of $100,000. Each unit consists of one common share and one common share purchase warrant (the “Units”). Each Unit was offered at a price of $0.05 per Unit. Each Unit contains a whole warrant exercisable for a period of two years from the closing of the offering at $0.10 per common share.

First Majestic Silver Corp. and Silvermex Resources Inc. are pleased to announce the completion of the plan of arrangement previously announced in the joint news release of First Majestic and Silvermex dated April 3, 2012.

Iron-ore miner London Mining PLC said Monday it appointed James North as chief operating officer, replacing Luciano Ramos, who is retiring to concentrate on family and personal interests.

SilverCrest Mines Inc. is pleased to announce that the Company’s Audited Consolidated Financial Statements for the year ended December 2011 were received and accepted at its Annual General Meeting held on June 20th, 2012.

Geologix Explorations Inc. announces that it intends to carry out a private placement of up to 10 million units at $0.20 per unit for gross proceeds of $2,000,000.

United States Antimony Corp. is pleased to announce the closing of a private placement of its equity securities for gross proceeds of $2,861,502.

Quaterra Resources Inc. today announced it has retained Sierra Partners LLC of Denver, Colorado, to act as investor relations consultants to the Company, subject to acceptance by the TSX Venture Exchange and the NYSE Amex.

Timmins Gold Corp. is a Canadian based mining and development company with a portfolio of exploration properties in northern Mexico, who also owns and operates the San Francisco mine. Recently GoldSeek.com’s President Peter Spina and I visited the company’s flagship mine in Sonora State. Peter had previously visited in 2007 soon after their IPO and first drill results were announced. Today the San Francisco gold mine is a state of the art modern open pit and heap leach operation that is on target to produce over 100,000 ounces of gold in 2012, and is undergoing an expansion to produce at least 130,000 ounces in 2013. Their exploration drilling has also increased the total Resource to over 2.92 million ounces of gold, which includes 1.33 million ounces of Reserves.