Mundoro Capital Inc. has strengthened its management team with the appointment of Tom Wilson as Chief Financial Officer, effective today. Mr. Wilson has over 35 years of corporate experience in all areas of financial management and administration including corporate governance, government and securities compliance and financial administration.

Orex Minerals Inc. and Astral Mining Corporation announce that further to their joint news releases of October 15, 2012 and January 21, 2013, Astral’s shareholders passed a special resolution authorizing and approving the acquisition of all the issued and outstanding common shares of Astral by Orex by way of a plan of arrangement at Astral’s annual general and special meeting of shareholders held on January 31, 2013. Pursuant to the Arrangement, Orex will issue Astral shareholders 0.0834 of an Orex common share for each issued and outstanding Astral share held by an Astral shareholder. If the Arrangement becomes effective, the holders of outstanding Astral warrants and options will, upon exercise, be entitled to receive that number of Orex shares adjusted in accordance with the Exchange Ratio.

Orex Minerals Inc. announces that its board of directors and management are consulting with its legal and financial advisors to evaluate the merits of proceeding with a reorganization of its business that will separate Orex’s advanced-stage Barsele Gold Project in Sweden from all of Orex’s other mineral properties. It is expected that the Proposed Transaction will be completed through a shareholder-approved plan of arrangement that would result in shareholders receiving the shares of a new company and continuing to hold shares of Orex.

High Desert Gold Corporation is pleased to announce it has completed the first tranche of a brokered and non-brokered private placement for gross proceeds of Cdn$489,460.

Kimber Resources Inc. is pleased to announce that it has finalized the drawdown of the remaining $2 million from the $5 million bridge loan credit facility with Sprott Resource Lending Partnership. Details of the Facility were announced July 18, 2012.

Pershimco Resources Inc. is proud to announce the second closing of its private placement for subscriptions representing $445,000, with the issuance of a total of 2,966,666 Class “A” common shares of the Corporation at a subscription price of $0.15 per unit, subject to the final approval of the TSX Venture Exchange and regulatory authorities. This second closing finalizes a total private financing of $1,720,000.

Baja Mining Corp. said it has been informed by SRK Consulting that the summary of the updated NI 43-101 compliant technical report on the Boleo project has not yet been completed.