American Consolidated Minerals Corporation announces that it has arranged a non-brokered private placement of up to 20,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $1,000,000.
Freyja Resources Inc. announced today that it has received a drilling permit from the Secretary of the Ministry of Environmental and Natural Resources of Mexico. The Permit covers areas of the Las Cristinas Property where drilling operations will not impact vegetation.
Orex Minerals Inc. is pleased to announce that it has closed the final tranche of its private placement announced on February 27, 2014, issuing 10,000,000 units of the Company at a price of $0.25 per Unit for aggregate gross proceeds of $2,500,000. Each Unit consists of one common share and one half of a common share purchase warrant. Each whole warrant will be exercisable for one common share of the Company at $0.30 for a period of 24 months from closing, expiring March 25, 2016. The shares sold in the final tranche of the placement and warrants comprising the Units and any shares issued upon the exercise of the warrants are subject to a hold period which expires on July 26, 2014.
Greg Myers, CEO and President of Caza Gold Corp., announces that the Company has granted approximately 2.8 million stock options to directors, officers, consultants and employees, with an exercise price of $0.15 per share. The options are exercisable for a period of five years and are subject to vesting provisions.
Lowell Copper Ltd. and Minaurum Gold Inc. are pleased to announce that further to their previously announced binding letter agreement which, among other things, granted an option on Minaurum’s Santa Marta VMS project in Oaxaca Mexico, the parties have executed a definitive option agreement.
Freyja Resources Inc. announced today that it has received a drilling permit (the “Permit”) from the Secretary of the Ministry of Environmental and Natural Resources of Mexico. The Permit covers areas of the Las Cristinas Property where drilling operations will not impact vegetation. The first phase of the drilling program, which is expected to start in April 2014, will consist of approximately 1,000 meters, with more drilling targets to be identified in the coming weeks.
SilverCrest Mines said that a contractor employee died in an accident at its Santa Elena mine in Mexico last Friday.
International Northair Mines Ltd. is pleased to provide an update of the ongoing exploration program at its La Cigarra silver Project, located in north central Mexico.
Argonaut Gold Inc. is pleased to announce its financial and operating results for the fourth quarter and year ended December 31, 2013. All dollar amounts are expressed in United States dollars unless otherwise specified.
SilverCrest Mines Inc. is pleased to announce its audited consolidated financial results for the fourth quarter and year ended December 31, 2013. The fourth quarter and 2013 year end financials results reflect a one-time non-cash deferred tax accounting adjustment of $5.8 million as a result of the enactment of the Mexican Tax Reform. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in U.S. dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2013 and associated management discussion and analysis which are available from the Company’s website at www.silvercrestmines.com and under the Company’s profile on SEDAR at www.sedar.com.
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