Tag: Investor’s Corner

Silvercrest Announces Update to Santa Elena Pre-Feasibility Study; Pre-Tax Base Case NPV (5%) of $144 Million, Replaces Reserves and Renews 8 Year Mine Life

SilverCrest Mines Inc. is pleased to announce that it has filed a Technical Report prepared in compliance with National Instrument 43-101 Standards of Disclosure for Mineral Projects titled, “Update to Santa Elena Pre-Feasibility Study, Sonora, Mexico”, for its operating Santa Elena mine. The UPFS updates the Santa Elena Pre-Feasibility Study and Open Pit Resource Update…

First Mining Finance Corp. Announces Completion of Qualifying Transaction and Closing of Financing

First Mining Finance Corp. is pleased to announce that it has now completed the acquisition of all of the issued and outstanding shares of Sundance Minerals Ltd. constituting its qualifying transaction under the applicable policies of the TSX Venture Exchange. The Acquisition was completed by way of an arrangement agreement whereby the Company acquired all of the issued and outstanding shares of Sundance in exchange for an aggregate of 71,074,827 common shares of the Company.

Almaden Files Form 20-F Documentation

Almaden Minerals Ltd. announces that its Form 20-F for the fiscal year ended December 31, 2014 has been filed with the U.S. Securities and Exchange Commission. The Form 20-F and the Company’s audited consolidated financial statements for the years ended December 31, 2014 and 2013, are available on the Company’s website at http://www.almadenminerals.com.

Quaterra Reports 2014 Year-End Financial Results

Quaterra Resources Inc. continues to focus its attention on its 100%-owned Yerington copper district assets. Non-Yerington assets of the Company have been sold with the proceeds to be used in support of the Yerington District as reported in the Company’s December 31, 2014, year-end financial statements and management’s discussion and analysis filed today.

Class Action Certified and Leave to Proceed Granted in Securities Class Action Against Baja Mining Corp.

Harrison Pensa LLP commenced an action under the Class Proceedings Act, 1992 against Baja Mining Corp., certain of its former directors and officers and the company’s auditor, PricewaterhouseCoopers LLP. The action alleges that during the class period, the defendants made misrepresentations and/or failed to make timely disclosure of significant cost overruns and project delays related to Baja’s Boleo Project located in Baja California Sur, Mexico.

Mexus Gold US First Pursuit Update

Mexus Gold US announced today that the payment due on the sale of its San Felix property is now delinquent. The company is reviewing its options with legal counsel and will take the necessary steps to ensure the contract terms, conditions, and/or default obligations contained within the sales agreement are met.

Layne Christensen Announces New Contracts Valued at Approximately $110 Million

Layne Christensen Company today announced a number of significant new contracts signed within the last 90 days with an aggregate value of approximately $110 million. These contracts were awarded to Layne’s Geoconstruction, Inliner, Heavy Civil, Water Resources, and Mineral Services divisions. The majority of these projects are expected to be completed during the current fiscal year.

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