Tag: Investor’s Corner

Resource Estimate expected in July 2014 followed by PEA in August 2014

Primero Mining Corp. is pleased to announce that S&P Dow Jones Indices has added Primero to the S&P/TSX Composite Index as a result of the Quarterly S&P/TSX Composite Index Review, effective after the close of trading tomorrow, Friday, June 20, 2014.

American Consolidated Minerals Corp. announces it has closed Tranche 1 of its previously announced non-brokered private placement, raising $167,141.60 through the issuance of 3,342,832 Units at a price of $0.05 per Unit.

SilverCrest Mines provided Wednesday an update on the company’s new 3,000 tonnes per day milling facility that began commissioning last month, saying that continuous production at the rate of 3,000 tpd will be achieved by the start of August.

Oremex Silver Inc. announced today that John Carlesso, the Chief Executive Officer of the Company, is no longer with the Company. Allan Folk, a director of the Company, has been appointed Interim Chief Executive Officer until such time as the board of directors successfully secures a replacement.

Agnico Eagle Mines Limited and Yamana Gold Inc. are pleased to announce today the completion of their previously announced court-approved plan of arrangement pursuant to which Agnico Eagle and Yamana have jointly acquired 100% of the issued and outstanding common shares of Osisko Mining Corporation. Osisko’s common shares will be de-listed from the Toronto Stock Exchange as at the close of business today.

“Many of the conditions that adversely impacted our results in Q4 FY 2014 carried over into Q1 FY 2015, most notably with respect to Heavy Civil and Mineral Services; however, we believe that Water Resources, Inliner, Geoconstruction and Energy Services are positioned to improve their financial performance in FY 2015.

La inversión se daría en minería, energía y ferroaleaciones, informó José Antonio Rivero Larrea, presidente del Consejo de Administración.

Torex Gold Resources Inc. announces that the Company has amended certain terms of the shareholders rights plan agreement dated May 21, 2014 to be presented for ratification at the annual and special meeting of shareholders of Torex scheduled to be held on June 26, 2014. The amendments were made in response to comments from ISS Proxy Advisory Services, a branch of Institutional Shareholder Services Inc., a proxy voting advisory and corporate governance services firm.

CANGOLD LIMITED reports that it has closed its previously announced non-brokered private placement financing. On closing, the Company issued 8,500,000 units at $0.10 per unit for gross proceeds of $850,000. Each unit comprises one common share and one-half of one non-transferable share purchase warrant.