Category: Investor’s Corner

Corex Announces Closing of First Tranche

Tranche one of the Financing included the issuance of 3,000,000 units at a purchase price of $0.05 for gross proceeds of $150,000.00. Each Unit comprise of one common share in the capital of the Company and one half of one non-transferable common share purchase warrant. Each whole Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of CDN$0.15 per Warrant Share for a period of 24 months from the closing date of the Private Placement.

Marlin Gold Closes Acquisition of Commonwealth Silver and Gold and Provides Corporate Update

Marlin Gold Mining Ltd. is pleased to announce that it has completed the acquisition of Commonwealth Silver and Gold Mining Inc. The acquisition of Commonwealth provides Marlin a path towards internally financed production growth. With the operating La Trinidad mine approaching its highest grade and most profitable ounces prior to the construction of the Commonwealth Project in Cochise County, Arizona, Marlin expects to have the ability to internally fund the Project through operating cash flow and through a potential Sailfish Royalty financing once a construction decision is made.

First Quantum Minerals Announces Terms of Cdn$1.25 Billion Equity Offering

First Quantum Minerals Ltd. today announced that it has entered into an underwriting agreement with a syndicate of underwriters led by RBC Capital Markets and Goldman Sachs Canada Inc., and including Barclays, BNP PARIBAS, Deutsche Bank Securities, Jefferies International Limited and Nomura to sell 76,923,000 common shares of First Quantum at a price of Cdn$16.25 per common share to raise gross proceeds of Cdn$1.25 billion…

Marlin Gold Closes Equity & Debt Financings

Marlin Gold Mining Ltd. is pleased to announce that it has completed its previously announced non-brokered private placement of common shares. Pursuant to the Equity Offering, Marlin issued 15,625,000 common shares at a price of $0.56 per Common Share for aggregate gross proceeds of approximately $8,750,000.

Cyprium Mining Appoints Alain Lambert as CEO

Cyprium Mining Corporation is pleased to announce that it has appointed its current Chairman Mr. Alain Lambert as Chief Executive Officer of the Company. Mr. Lambert, who co-founded Cyprium in 2012, will now act as Chairman and C.E.O.

West Melville Consolidates Share Capital

West Melville Metals Inc. announces today that the directors have approved a consolidation of the Company’s issued and outstanding common shares at a ratio of one new share for ten old shares. The Company currently has 52,605,451 common shares outstanding and after the consolidation of its share capital will have 5,260,545 outstanding.

Bacanora Announces Appointment of New CEO

BACANORA MINERALS LTD. is very pleased to announce the appointment of Mr. Peter Secker as the new Chief Executive Officer of the Company. Mr. Secker has over 30 years’ experience in developing, constructing and operating mines, and most recently, has direct experience of working with lithium projects. His appointment as CEO is in line with the Company’s strategy to continue to advance its pre-feasibility studies and to continue to evaluate and progress its path towards production for both the Sonora Lithium Project and the Magdalena Borate Project in Mexico…

U.S. Antimony Reports IMMEX Certification in Mexico

United States Antimony Corporation reported that its Mexican subsidiary, USAMSA, has received IMMEX certification. This allows the Company to import raw materials without paying a 16% value added tax as long as it exports 60% of the value of the raw materials in a twelve month period.

AuRico Gold Inc. Provides Information Concerning Conversion Rights for Holders of the 3.50% Convertible Senior Notes due 2016

As previously announced, AuRico Gold Inc. has entered into a definitive agreement with Alamos Gold Inc. to combine their respective companies by way of arrangement. Under the terms of the Merger, and subject to adjustment as provided in the Arrangement Agreement between the Company and Alamos, holders of Alamos shares will receive, for each share held, 1 share in the combined company and US$0.0001 in cash, and holders of AuRico shares will receive, for each share held, 0.5046 MergeCo shares. Currently, the parties expect the effective date of the Merger to occur in July, 2015.

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