Tag: Investor’s Corner

Cayden Resources Inc. is pleased to announce that the plan of arrangement, pursuant to which Agnico Eagle Mines Limited will acquire all of the issued and outstanding common shares of the Company, including common shares issuable on the exercise of outstanding options and warrants of the Company, was approved by shareholders and other security holders of Cayden at the special meeting of Cayden security holders held on October 27, 2014. At the meeting, approximately 99.0% of the votes cast by Cayden security holders, voting as a single class, and 98.5% of the votes cast by Cayden shareholders were voted in favour of the Arrangement.

Aurcana Corporation is pleased to report the Q3 2014 production results of 997,530 ounces silver equivalent compared to 754,828 in Q3 2013, an increase of 32%. Silver equivalent production for the Q3 2014 increased 26.8%, compared to Q2 2014. Silver production increased 32% to 412,062 in Q3 2014, compared to 312,122 in Q3 2013.

La siderúrgica reportó en el trimestre un flujo operativo o EBITDA de 43.74 millones de dólares a raíz de una mayor producción y ventas obtenidas tras la operación del Proyecto Fénix; las ventas totales de la empresa ascendieron a 11 mil 27 millones de pesos.

VVC Exploration Corporation announces that it has that it has successfully completed a previously announced non-brokered private placement aggregating $411,365 and representing 8,227,300 units of the Company at a price of $0.05 per Unit. Each Unit consists of one common share and one common share purchase warrant of the Company. Each Warrant entitles the holder to purchase one additional common share of the Company at $0.12 per share for 2 years and thereafter at $0.18 per share until October 22nd, 2019. The securities being issued pursuant to this private placement will be subject to a hold period which expires on February 23rd, 2015.

The Board of Directors of San Marco Resources Inc. reports that as a result of extensive discussions with various financial advisors, it believes it is in the best interest of the Company to consolidate its common shares on the basis of one post-consolidation common share for every five pre-consolidation common shares. Subsequent to this consolidation, which is subject to regulatory and shareholder approval, San Marco intends to raise approximately $500,000 by way of a private placement financing on the terms set out below.

Levon Resources Ltd. is pleased to announce it is undertaking a USD $1 million private placement.

Alamos Gold Inc. today reported its financial results for the third quarter ended September 30, 2014 and reviewed its operating, exploration and development activities.

Sierra Metals Inc.reports production for the quarter ended September 30, 2014 (“Q3 2014”) from its three underground mines in Latin America, the Yauricocha polymetallic mine in Peru and the Bolivar copper and Cusi silver mines inMexico.

McEwen Mining Inc. is pleased to announce production results as of Sept. 30, 2014. For the quarter,30,642 gold eq. oz and for the nine months, 93,987 gold eq. oz were produced. Production guidance for the year remains unchanged at 135,000-140,000 gold eq. oz. Production is expected to increase in Q4, due to higher grades and processing capacity at El Gallo 1 and higher grades at San José. Production costs will be reported in November 2014 with Q3 financials.

Santacruz Silver Mining Ltd. is pleased to announce third quarter 2014 production of 184,900 silver equivalent ounces from the Company’s Rosario Mine in San Luis Potosi, Mexico. This production represents a 9.9% quarter over quarter increase as compared with Q2 2014 silver equivalent ounces.