Tag: Investor’s Corner

Alamos Gold Inc. is providing a summary of the voting results of yesterday’s Annual General Meeting of Shareholders.

Southern Copper is planning to spend $2.3 billion on capital projects in 2014 as they work toward their goal of increasing production to 1.2 million tons by 2017 which represents an 87% increase over 2013 production.

Mexus Gold US Shareholder Update: The company announced today that negotiations with our potential suitors is taking longer than expected but will get done.

Oremex Silver Inc. announced today that further to its news release on April 1, 2014, Securities Commission issued a management cease trade order on April 1, 2014 for failure to its annual financial statements, CEO and CFO certifications and management discussion and analysis for the year ended November 30, 2013 (the “Annual Filings”) by the deadline of March 30, 2014. The MCTO prohibits all trading by certain insiders of Oremex in securities of the Company until the order is revoked. The Company is required to provide bi-weekly status updates in accordance with National Policy 12-203 – Cease Trade Orders for Continuous Disclosure Defaults until the MCTO has been revoked of a full cease trade order issued.

McEwen Mining Inc. has reported a structural change in its management, which might not be for the good. The company also reported the results for the election of directors conducted at the Annual General Meeting on May 15, 2014.

Alta Vista Ventures Ltd. is pleased to announce that final approval has been received from the TSX Venture Exchange for its previously announced non-brokered private placement of 6,000,000 units at a price of $0.05 per Unit for gross proceeds of $300,000. A unit consists of one common share and one transferable common share purchase warrant valid for one year that will entitle the holder to purchase one additional common share at a price of $0.075. The warrants will expire on May 30, 2015. The shares forming part of the units and the shares acquired on exercise of the warrants are subject to restrictions on resale until September 30, 2014.

Avino Silver & Gold Mines Ltd. is pleased to report its financial results for the quarter ended March 31, 2014. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in Canadian dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s audited consolidated financial statements for the year ended December 31, 2013 and associated management discussion and analysis which are available on the Company’s website at www.avino.com and under the Company’s profile on SEDAR at www.sedar.com.

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., reports record earnings and production for 2014 Q1, with an increase in gross revenue of 54% over the previous Quarter. For the first quarter ending March 31, 2014, gross revenue was $1,064,370 as compared to the previous quarter endingDecember 31, 2013, having gross revenues of $689,343.

YAMANA GOLD INC. today announced Daniel Racine has joined the Company’s senior management as Senior Vice President, Canadian Operations and Mine Planning & Development, effective immediately. Mr. Racine most recently held the position of President and Chief Operating Officer for Brigus Gold Corporation. Prior to that role, Mr. Racine was Senior Vice President Mining at Agnico Eagle Mines Limited (“Agnico”) where he oversaw Agnico’s global mining operations. Mr. Racine joined Agnico in 1988 as a junior mining engineer and over his tenure progressively took on more responsibility including positions as Mine Manager at Laronde, Vice President Operations and Senior Vice President Operations. Mr. Racine has over 25 years of experience in the Canadian mining industry with extensive experience in Quebec.

Scorpio Mining Corporation today issued a letter to shareholders. With the June 10, 2014 proxy deadline fast approaching, shareholders are urged to vote the Company’s WHITE proxy today.