The new board of directors of Oremex Silver Inc. is pleased to report that it has begun making progress on a number of fronts since it has assumed leadership of the Company.
Orex Minerals Inc. is pleased to announce that it has closed the first tranche of its private placement announced on February 27, 2014, issuing 8,658,000 units of the Company at a price of $0.25 per Unit for aggregate gross proceeds of $2,164,500. 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 24, 2016. The shares 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 25, 2014.
Southern Silver Exploration Corp. reported today that equipment has mobilized and a new phase of diamond drilling has started on the Cerro Las Minitas Project, Durango Mexico.
Catalyst Copper Corp. announces that David Laing has been appointed as Chief Executive Officer, President, and a director of the Company and Jeremy Crichton, CA has been appointed as Chief Financial Officer and Corporate Secretary of the Company. Mr. Laing and Mr. Crichton are replacing John Greenslade and Denby Greenslade, who have tendered their resignations. The Board wishes to thank Mr. Greenslade and Ms. Greenslade for their past services and wish them every success in their future endeavours.
Santacruz Silver Mining Ltd. is pleased to announce that Canaccord Genuity Corp. and Raymond James Ltd., the underwriters of the Company’s recently closed common share offering, have completed the exercise of their over-allotment option and have purchased an additional 1,312,500 common shares of the Company at a price of $1.00 per share for gross proceeds of $1,312,500.
Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Zacatecas, Mexico, today announces the release of its Management’s Discussion and Analysis and unaudited Financial Statements for the year ended 31 December 2013.
Osisko Mining Corporation is pleased to report February cash costs per ounce(1) of US$555 (C$613) at its flagship Canadian Malartic mine. Osisko previously announced production of 46,154 ounces of gold with record average daily gold production of 1,648 ounces for the month of February.
A Mexican district court and now court of appeals both have rejected attempts by Germán Larrea Mota Velasco, CEO of Grupo Mexico SAB de CV to compel Tucson, Arizona-based Americas Mining Corporation, a GMexico subsidiary, to answer as co-defendant in the longstanding personal breach of contract lawsuit brought by U.K. investment firm Infund LLP. Larrea is the controlling shareholder of GMexico and No. 67 on the Forbes 2014 Worlds Billionaires list.
Evrim Resources Corp. has been advised by its partner, First Quantum Minerals Inc., that it is relinquishing its options to earn up to a 60% interest in the Suaqui Verde and Cardeleña projects in Sonora, Mexico.
Sierra Norte de Puebla.- Geográficamente divididos por la cadena de montañas de la Sierra Madre Oriental, la defensa de la tierra y del agua ha unido a los indígenas nahuas y totonacos y a los mestizos que habitan el norte del estado de Puebla en un frente contra la explotación minera y la instalación de plantas hidroeléctricas.
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