Category: Investor’s Corner

El Tigre Silver Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of 400,000 units of the Company for aggregate gross proceeds of $100,000. Each Unit consists of common share of the Company and one-half of a common share purchase warrant. Each whole Warrant entitles the holder to acquire an additional common share of the Company for a period of 18 months from the date of issue at a price of $0.40 per share.

Mercator Minerals Ltd is pleased to announce that all resolutions presented before the Company’s shareholders at the 2012 Annual General & Special Meeting held on June 22, 2012, including board size, board membership, and appointment of auditors were passed by a significant majority of the votes cast, including the long term incentive plan, which was passed by 72.9% of the votes cast. Elected as Directors of the Company were Colin K. Benner, John H. Bowles, Joseph Keane, D. Bruce McLeod, Stephen P. Quin, Robert J. Quinn, Ronald E. Vankoughnett and Daniel Tellechea.

Bell Copper Corporation announces that the Company has implemented a strategic plan to work through the unprecedented challenges in the capital markets.

Hit hard by cost overruns at a Mexican gold project, the beleaguered company is scheduled to hold its annual meeting in Vancouver today (Thursday).

Esperanza Resources Corp. is pleased to announce that it has obtained a receipt for its final short form prospectus filed in each of the provinces of Canada, except Quebec.

Greg Myers, CEO and President of Caza Gold Corp. is pleased to announce that the Company completed its Annual General Meeting on June 12, 2012 and all resolutions at the AGM were approved.

Timmins Gold Corp. is pleased to report it has signed a term sheet with Sprott Resource Lending Partnership extending the term of its existing $18 million credit facility. The extension is subject to final documentation.

Guerrero Exploration Inc. announces that it has, subject to regulatory approval, amended the terms of its previously announced non-brokered private placement of up to $250,000 by issuing 5,000,000 units at $0.05 each by amending the terms of the warrants being offered.

AuRico Gold Inc. (AUQ), the Canadian miner that bought Northgate Minerals Corp. for C$1.34 billion ($1.31 billion) in October, said it will be “opportunistic” in considering further deals after gold-asset valuations fell.

Baja Mining Corp said lenders have agreed to a 45-day standstill for its Boleo project financing, giving the company more time to arrange for funds for its cash-strapped flagship project in Mexico.