Tag: Investor’s Corner

MAG Silver Reports 2014 Annual Results

MAG Silver Corp. announces the Company’s audited consolidated financial results for the year ended December 31, 2014. For complete details of the annual financial statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in United States dollars unless otherwise specified.

Fortuna amends and expands $40 million credit facility

Fortuna Silver Mines Inc. is pleased to announce that it has amended and expanded its existing $40 million revolving credit facility with the Bank of Nova Scotia. The new credit facility consists of a $40 million non-revolving term loan and a $20 million revolving credit facility. The $40 million term loan has a four year duration.

Marlin Gold Creates the Next Emerging Mid-Tier Gold Producer with the Acquisition of Commonwealth Silver and Gold, Concurrent Equity Offering and Strengthening of Board

Marlin Gold Mining Ltd. is pleased to announce that it has entered into a definitive agreement pursuant to which Marlin has agreed to acquire, in an all cash transaction, all of the issued and outstanding common shares of Commonwealth Silver and Gold Mining Inc., a privately held entity, through a wholly owned subsidiary…

Southern Silver Pays Credit Facility, Appoints Directors

“Conversion of $300,000 of the debt by Radius results in its holding approximately 13% of the currently issued shares of the Company,” said President, Lawrence Page Q.C. “We welcome Radius as a significant shareholder of our Company due to the depth of experience of its principals in the mineral exploration sector. This transaction, coupled with the recent acquisition by Electrum Global Holdings…

Sierra Metals Inc. Reports Fourth Quarter and Year-End 2014 Financial Results

Audra Walsh, President and CEO of Sierra Metals, commented: “2014 was an exceptional year for the Company, as reflected in this year’s financial and operational results. Revenues and operating cash flows in 2014 increased by 20% and 124%, respectively, despite a 19% and 7% decline in annual realized silver and copper prices, respectively. The increase in revenues in 2014 was driven mainly by higher throughput at our three operating mines…

Gold Resource Corporation Declares March Monthly Dividend

Gold Resource Corporation declares its monthly instituted dividend of $0.01 per common share for March 2015 payable on April 23, 2015 to shareholders of record as of April 13, 2015. Gold Resource Corporation is a gold and silver producer with operations in Oaxaca, Mexico and exploration in Nevada, USA.

Timmins Gold Corp. Announces Mailing of Management Information Circular and Withdraws Private Placement

Timmins Gold Corp. is pleased to announce that the Company is scheduled to mail its Management Information Circular dated March 23, 2015 in connection with its previously announced arrangement with Newstrike Capital Inc. on March 30, 2015. The annual and special meeting of Timmins Gold security holders to vote on the Arrangement and other corporate matters is scheduled for April 29, 2015.

Radius Gold – Early Warning Report

Radius Gold Inc. announces that as a result of the conversion of $300,000 of a debt owing to Radius by Southern Silver Exploration Corp. Radius has acquired direct ownership of 6,000,000 common shares in Southern Silver. The Shares were issued at a deemed price of $0.05 per Share and represent 13.49% of Southern Silver’s outstanding common shares.

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