CANGOLD LIMITED reports that initial field work on the Guadalupe de los Reyes Gold-Silver Project in Sinaloa State, Mexico has returned high grade gold and silver assays. Cangold geologists are focusing on detailed geological mapping, trenching, and rock sampling in order to further define the numerous mineralized structures on the property.
Avino Silver & Gold Mines Ltd. is pleased to announce that the processing of underground material from the re-opened Avino Mine began as planned on September 1. Initial feed is from material that was blasted prior to the mine shutting down in 2001; currently this material is being processed using Circuit #2.
Azure Minerals Limited is pleased to report that it has received further assays from the recently completed exploration drilling program at the Company’s 100%-owned Cascada deposit.
First Mexican Gold Corp. would like to report that a number of developments have occurred and presently underway as outlined below.
Agnico Eagle Mines Limited and Cayden Resources Inc. are pleased to announce that they have entered into an agreement pursuant to which Agnico Eagle will acquire 100% of Cayden’s issued and outstanding common shares, including shares issuable under outstanding options and warrants, under a plan of arrangement for total consideration of approximately C$205 million, or approximately C$3.79 per share (based on Agnico Eagle’s volume weighted average price of shares on the TSX for the 30-day period ended September 5, 2014). Under the Arrangement, Cayden shareholders will be entitled to receive 0.09 of an Agnico Eagle share and C$0.01 for each Cayden common share. The offer represents a premium of 42.5% to the volume weighted average price of Cayden shares on the TSX Venture Exchange for the 30-day period and an 51.9% premium to the 60-day period, both ended September 5, 2014 (the last trading day prior to announcement of the transaction).
GOLDCORP INC. is pleased to declare its ninth monthly dividend payment for 2014 of $0.05 per share. Shareholders of record at the close of business on Thursday, September 18, 2014 will be entitled to receive payment of this dividend on Friday, September 26, 2014.
En encuentro se tendrá el próximo miércoles y el propósito es impulsar un programa para atender a los pobladores que resultaron afectados por el desastre natural.
Appoints Ms. Andrea Zaradic as President & CEO; Mr. David Ernst as V.P. Exploration;
Mr. Maurice Tagami and Mr. Tony Reda to the Board; and Mr. John Robins as Strategic Advisor
Scorpio Mining Corporation announced today that its board of directors has determined that it is not in the best interests of the Company to accept the offers of resignation submitted by three directors, Ewan Mason, Jonathan A. Berg and Bradley R. Kipp, who were elected at the Company’s Annual and Special Meeting of Shareholders held on June 12, 2014. Each of the three directors had offered to resign as directors after the number of votes withheld for their re-election or election was greater than the votes in favour of such director. Because the directors offered their resignations, the Board was not required to make a determination as to whether the Company’s majority voting policy applied in the circumstances and considered the offers of resignation as if the policy so applied.
Levon Resources Ltd. announces that it has come to the Company’s attention that there was an error in a number in the news release which the company issued on September 3, 2014. The release incorrectly stated that the new resource estimate included a 57% increase in the indicated silver resource at the Company’s Cordero Project over the Company’s July 2012 resource estimate. The correct percentage is approximately 34%.
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