Tag: Investor’s Corner

FIRST MAJESTIC SILVER CORP. is pleased to announce the unaudited interim consolidated financial results of the Company for the second quarter ended June 30, 2014. The full version of the financial statements and the management discussion and analysis can be viewed on the Company’s web site at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in U.S. dollars unless stated otherwise.

MAG Silver Corp., announces that the remainder of the over-allotment option from the previously closed C$79 million bought deal financing has been fully exercised by the underwriters, and the closing of the sale of the additional 706,000 common shares at a price of C$10.25 per common share is expected to occur on or about August 18, 2014. The additional gross proceeds of C$7,236,500 from this further exercise of the over-allotment option brings the total gross proceeds raised from the full offering to C$86,284,500, and the Company’s cash position after the closing is estimated to be approximately US$90 million with no debt.

Torex Gold Resources Inc. is pleased to announce that 56.5 million common share purchase warrants have been exercised into an equivalent number of common shares of the Company at a price of $1.50 per share, for total proceeds to the Company of $84.8 million.

Goldgroup Mining Inc. is pleased to announce the closing of the first of two tranches of its previously announced non-brokered private placement financing. Pursuant to the first tranche, Goldgroup issued 5,535,909 units at a price of CAD$0.20 per unit and as a result received gross proceeds of CAD$1,107,182.

Sierra Metals Inc. is pleased to report the filing of its unaudited Financial Statements and Management Discussion and Analysis for the second quarter of 2014. All amounts are presented in US dollars unless otherwise stated. For the complete Financial Statements and/or MD&A please visit the Company’s website www.sierrametals.com or SEDAR at www.sedar.com.

Chesapeake Gold Corp. is pleased to announce that it has entered into an agreement whereby Chesapeake has assigned its interest in the 1.5% net smelter returns royalty on its Mexican Metates gold-silver property to Wheaton Precious Metals (Cayman) Co., a subsidiary of Silver Wheaton Corp., in consideration for US$9.0 million.

Fortuna Silver Mines Inc. today reported revenue of $44.3 million, cash generated from operations, before changes in working capital of $15.1 million and net income of $2.9 million in the second quarter of 2014.

Endeavour Silver Corp. released today its financial results for the second quarter ended June 30, 2014. Endeavour owns and operates three underground silver-gold mines in Mexico: the Guanaceví mine in Durango state, and the Bolañitos and El Cubo mines in Guanajuato state.

Odyssey Marine Exploration, Inc., a pioneer in the field of deep-ocean exploration, reported results for the second quarter ended June 30, 2014. The company’s operations during the quarter were focused primarily on the recovery of gold from the SS Central America shipwreck and validation of the phosphate mineral deposit controlled by one of the company’s subsidiaries.

DynaResource, Inc. is pleased to announce that Mineras de DynaResource S.A. de C.V., the 100% owned subsidiary of DynaUSA and the exclusive operator of the San Jose de Gracia Property in northern Sinaloa, México, is reporting the delivery for sale of an additional and approximate 205 Oz. gold contained in gravity concentrates (exact weights in gold and silver oz. to be determined at final settlement).