Aurizon Mines Rejects Alamos Gold’s Offer; Adopts Shareholder Rights Plan
Aurizon Mines Ltd. unanimously recommended that shareholders reject the hostile take-over bid received from Alamos Gold Inc.
Aurizon Mines Ltd. unanimously recommended that shareholders reject the hostile take-over bid received from Alamos Gold Inc.
DynaResource, Inc. and its affiliate DynaResource de Mexico SA de C.V., the 100% owner of the San Jose de Gracia Project in Sinaloa State, Mexico announce that they filed on December 27, 2012, an Original Petition and Application for Temporary Injunction and Permanent Injunction in the District Court of Dallas, Texas against Defendants Goldgroup Mining Inc., Goldgroup Resources Inc., and certain individuals acting in concert with the two Goldgroup companies.
Primero Mining Corp. today announced production and estimated cash costs for 2012 and provided production and cash cost guidance for 2013 with a three year outlook.
Guerrero Exploration Inc. announces that Mr. David Stadnyk has resigned, effective today.
Prospero Silver Corp. is pleased to announce that it has signed option agreements enabling it to earn 100% of two additional claims, Sucara (71.53 hectares) and Dos Amigos (90.39 hectares), within the northern Cebollas target area of the Baborigame district. With these agreements in place the Baborigame district claim block is essentially 100% controlled and covers all exploration targets identified in the project area. Drilling is anticipated to commence in February.
Santacruz Silver Mining Ltd. is pleased to announce that, in connection with its previously announced short form offering led by Canaccord Genuity Corp. and including Raymond James Ltd. and Cormark Securities Inc., it has increased the Underwritten Offering from C$30,062,500 to C$35,150,000. The Company has granted the Underwriters an option to purchase up to an additional 15% of the Offering, exercisable for a period of up to 30 days after the closing date. If the Over-Allotment Option is fully exercised, the total gross proceeds from the Offering will be C$40,422,500.
Santacruz Silver Mining Ltd. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Canaccord Genuity Corp., pursuant to which the Underwriters have agreed to purchase, on a bought deal basis pursuant to a short form prospectus, 16,250,000 common shares of the Company at a price of C$1.85 per Common Share for gross proceeds of C$30,062,500. In addition, the Company has granted the Underwriters an option to purchase additional Common Shares at the Offering price to raise additional gross proceeds of up to 15% of the Offering, exercisable for a period of up to 30 days after the closing date.
Goldgroup Mining Inc. today dismissed as totally without merit a lawsuit filed against it and others in Dallas County District Court by DynaResource, Inc. and DynaResource de Mexico, S.A. de C.V.
Kimber Resources Inc. announced today that it has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada other than the province of Quebec, and a Form F-3 registration statement with the United States Securities and Exchange Commission. Kimber is currently a reporting issuer in British Columbia, Alberta and Ontario. Once a receipt has been issued for the final short form base shelf prospectus, Kimber will also become a reporting issuer in Saskatchewan, Manitoba, New Brunswick, Nova Scotia, Prince Edward Island, Newfoundland, Yukon, Northwest Territories and Nunavut.
Pan American Silver had a strong year in 2012, helped by record silver and gold output in the fourth quarter, and is forecasting 2013 to be another record setting-production year.
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