Category: Investor’s Corner

VANCOUVER, BRITISH COLUMBIA–(Marketwire – March 14, 2012) – Pan American Silver Corp. (TSX:PAA)(NASDAQ:PAAS) and Minefinders Corporation Ltd. (TSX:MFL)(NYSE Amex:MFN) are pleased to announce that Institutional Shareholder Services Inc. (“ISS”) and Glass Lewis & Co., LLC (“Glass Lewis”) have recommended that shareholders vote FOR the Plan of Arrangement (the “Arrangement”) pursuant to which Pan American will acquire all of the issued and outstanding common shares of Minefinders. The Arrangement will be considered at Pan American’s and Minefinders’ respective special shareholder meetings to be held on Monday, March 26, 2012.

VANCOUVER, BRITISH COLUMBIA, Mar 13, 2012 (MARKETWIRE via COMTEX) — Citation Resources Inc. is pleased to announce the appointment of Dr. Paul J. Bartos to the Citation Board of Directors. Dr. Bartos, currently Vice President and Chief Geologist of Esperanza Resources Corp., was responsible for securing the Biricu concessions for Esperanza and is a noted authority on epithermal deposits.

GREAT PANTHER SILVER LIMITED announces the financial results for the year ended December 31, 2011. Great Panther is pleased to report revenues for the year ended December 31, 2011 of $57.8 million, representing a 37% increase over 2010. The Company’s gross profit or earnings from mining operations increased by 64% to $26.9 million for 2011, and net earnings increased 8% to $11.5 million. The Company also increased working capital to $53.8 million at December 31, 2011, from $18.8 million at the end of the prior year.

HALF-YEAR FINANCIAL REPORT – 31 DECEMBER 2011

Southern Silver Exploration Corp. reported today that it plans to issue up to 16,700,000 units in a non-brokered private placement at a price of $0.12 per unit to raise $2,004,000. Each unit will consist of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.17 per share.

Sierra Madre Developments Inc. is pleased to announce the closing of the non-brokered private placement financing led by Burgeonvest-Bick Securities Ltd. previously announced by news release on February 15, 2012. Pursuant to the Offering, the Company raised $2,276,250 through the sale of 30,350,000 units at a price of C$0.075 per Unit. Each Unit consists of one common share in the capital of the Company and one-half of one transferable common share purchase warrant. Each Warrant entitles the holder to acquire one additional Share at a price of C$0.10 per Share for a period of 12 months expiring March 9, 2013.

Second quarter production for San Martin Mine results in 6,068 equivalent gold ounces

Aurvista Gold Corp. announces that it has completed the second and final closing of its private placement of Units consisting of Common Shares and Warrants as described in its February 27, 2012 press release. Under the first closing completed on March 2, 2012 and the final closing completed on March 9, 2012 Aurvista issued an aggregate of 6,549,000 Common Shares and 3,274,500 Warrants for aggregate proceeds of $1,637,250.00. The securities issued under the second closing may not be traded until July 9, 2012. Under the Offering, each Unit, consisting of a Common Share and a half-warrant was offered at a price of $0.25 per Unit. Each whole warrant entitles the holder to purchase one common share at a price of $0.35 per common share at any time up to 4 o’clock p.m. (Toronto time) on March 2, 2014 (the “Offering”). The Corporation may pay finders’ fees equal to a cash payment of 6%.

Guerrero Exploration Inc. is pleased to announce the Company has entered into a letter of engagement with Euro Pacific Canada Inc., pursuant to which the Agent has agreed to place, on a best efforts basis, up to 10,000,000 Units at $0.15 per Unit for total gross proceeds of $1,500,000. Each Unit will consist of one common share and one-half of a common share purchase warrant. In addition, the Company will grant the Agent an option to sell up to 15% additional Units under the same terms to raise additional gross proceeds of $225,000. Each whole Warrant will entitle the holder to purchase one common share at $0.25 for a period of 12 months from the date of closing.

Levon Resources Ltd (“Levon” or the “Company”) is pleased to announce that a total of 763,426 former Valley High broker warrants have been fully exercised for proceeds of $603,106. The warrants were exercised as of March 8, 2012. This completes the exercise of former Valley High Venture warrants.