Category: Investor’s Corner

GoGold Increased Production by 100% in the Quarter ending December 2014 – Cash Cost of $6.62 per Silver Eq Oz.

GoGold Resources Ltd. is pleased to provide an update on the commissioning of its Parral Tailings Project in Mexico. Quarterly production has doubled from 115,667 silver equivalent ounces in the quarter ending September 30, 2014 to 230,240 silver equivalent ounces in the quarter ending December 31, 2014. Cash cost per ounce of silver averaged $5.97 (net of gold credits) and $6.62 per silver equivalent ounce during the quarter ending December 31, 2014. Tonnes stacked on the heap leach pad increased from 82,264 tonnes in November to 148,347 tonnes in December which is near the designed stacking rate of 150,000 tonnes per month.

El Tigre Announces Closing of Shares for Debt Transaction

El Tigre Silver Corp. is pleased to announce that it has completed the shares for debt transaction announced on January 9, 2015 after receiving the approval of the TSX Venture Exchange to settle indebtedness to the Company’s former Chief Financial Officer. Pursuant to the Transaction, the Company issued 168,000 common shares of the Company at a deemed price of $0.25 per Share in settlement of debt in the amount of $42,000. The Shares issued by the Company pursuant to the Transaction are subject to a four month hold period expiring on May 23, 2015.

Starcore Acquires Creston Moly from Bankruptcy Trustee

Starcore International Mines Ltd. announces that it has entered into an agreement to acquire all of the shares of Creston Moly Corp. from Deloitte Restructuring Inc, in its capacity as trustee in bankruptcy of Mercator Minerals Ltd., at a purchase price of Cdn$2 million.

NSX Silver Completes Share Consolidation

NSX Silver Inc. announces that it has obtained Articles of Amendment and received final approval from the TSX Venture Exchange for its one-for-ten share consolidation. Effective at the opening of trading on Friday, January 23, 2015, NSX Silver’s shares will commence trading on the TSX Venture Exchange on a consolidated basis.

El Tigre Reports Filing of Claim Concerning Agreement With Wealthcorp, LLC

El Tigre Silver Corp. announced today that it has filed a Notice of Civil Claim seeking declaratory relief concerning the termination of the financial advisory agreement with Wealthcorp, LLC. As announced in the Company’s press release dated August 28, 2014, the Company had engaged Wealthcorp to provide financial advisory services to assist in capital raising efforts. The Company will be continuing to seek further financing without the assistance of Wealthcorp.

VVC Exploration – Extension of Series U Warrants

VVC EXPLORATION CORPORATION announces the extension of the expiry date of 19,170,000 Series U warrants to purchase 19,170,000 shares of the Company @ $0.18 per share, as permitted under the new TSX Venture Exchange Policy. The warrants, which were expiring on January 25, 2015, will now expire on January 25, 2018, and remain exercisable at $0.18 per share. These warrants were attached to a private placement of $ $958,500 approved by the TSXV on January 29, 2012. The warrants are not currently in-the-money, and no warrants have been exercised. None of these warrants are held by insiders of the Company. The warrant extension is conditional on obtaining TSXV approval.

Flinders Terminates Agreement with Big North

Flinders Resources Limited announce that further to the joint news release with Big North Graphite Corp. of September 2, 2014, October 21, 2014, November 3, 2014 and December 1, 2014 Flinders has terminated the binding letter agreement dated August 28, 2014, effective immediately. The letter agreement has been terminated as a result of Big North failing to satisfy the due diligence process.

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