Endeavour Silver Corp. is pleased to announce financial results for the period ended March 31, 2014. Endeavour owns and operates three underground silver-gold mines in Mexico: the Guanacevi mine in Durango state, and the Bolanitos and El Cubo mines in Guanajuato state.
It is with unfathomable sorrow that we must advise of the sudden and unforeseen passing of our dear friend, colleague and leader, Robert Kramer, Chairman and CEO of the Company. The Board of Directors extends its deepest sympathy to Mr. Kramer’s family, and will meet at its earliest opportunity to appoint and announce an interim Chairman and CEO.
Fortuna Silver Mines Inc. today reported record revenue of $45.5 million, cash generated from operations, before changes in working capital of $16.9 million and net income of $4.9 million in the first quarter of 2014.
Pan American Silver Corp. issued its quarterly earnings data on Monday. The company reported $0.05 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.02) by $0.07, StockRatingsNetwork.com reports.
AuRico Gold Inc. announced the results of the vote for the election of Directors held at the Annual and Special Meeting of Shareholders on May 9, 2014. Detailed results are presented below.
Lincoln Mining Corporation, announces that it has received a C$1,029,000 loan to fund its working capital requirements from Golden Dreams Limited Partnership, the general partner of which is controlled by Mr. Ronald K. Netolitzky, a control person of the Company.
Virgin Metals Inc. announces that further to its press release of May 2, 2014, the Company is awaiting final approval from the TSX Venture Exchange for the consolidation of the fully paid and issued common shares of the Company on the basis of one post-consolidation common share for each ten pre-consolidation common shares issued and outstanding. The Company is also awaiting final approval from the TSXV of its name from Virgin Metals Inc. to Minera Alamos Inc. The Company anticipates receiving final approval of the Consolidation and Name Change soon.
Orex Minerals Inc. announces that it has granted 200,000 incentive stock options to consultants and a director to purchase 200,000 shares in the capital of Orex at an exercise price of $0.25 per share and with a five year term. The options will vest immediately.
Aurcana Corporation is pleased to announce that further to its press release dated April 30, 2014, it has received regulatory acceptance to the issuance of the balance of 10,081,252 common shares pursuant to the terms and conditions of the amended and restated credit facility agreement dated April 29, 2014 with Orion Mine Finance Fund I LP, an affiliate of Orion Mine Finance Group.
Camino Minerals Corp. has received and accepted the resignation of Blaine A. Monaghan as V.P. Corporate Development and Corporate Secretary, a role he has held since February 2010. Mr. Monaghan is leaving to join Mark O’Dea’s Oxygen Capital Corp. Oxygen is a private company that provides a full range of financial, corporate and geological management services to private and publicly traded exploration and development companies operating nationally and internationally, including Laurentian Goldfields Ltd., Pilot Gold Inc., True Gold Mining Inc. and True North Nickel Inc.
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