Tag: Investor’s Corner

Structural progress despite operational challenges in mining

Ernesto Echavarria wishes to announce that on February 4th, 2014, he acquired, by way of a private placement, 2,500,000 units of Soltoro Ltd. at a price of $0.10 per Unit.

US Precious Metals, Inc. is pleased to announce that on January 30, 2014 it entered into an agreement with Resource Technology Corp. to restructure their pre-existing contract.

Silver Shield Resources announced today that it has appointed Mr. Steve Mlot as Non-Executive Director effective immediately, and that Mr. John Grounds has resigned from the Board of Directors. Mr. Frank Kordy stated: “On behalf of the Board of Directors, we want to thank Mr. Grounds for his contributions and want to wish him well in his future endeavours.”

Freyja Resources Inc. is pleased to announce that the Corporation has entered into a share exchange arrangement with Global Resources Investment Ltd. pursuant to which Freya will acquire 564,366 ordinary shares of GRIT, which are expected to be listed on the London Stock Exchange’s main market in connection with GRIT’s re-registration as a public company which will be constituted as a UK Investment Trust with the name “Global Resources Investment Trust Plc.” in exchange for 6,000,000 common shares of Freyja. The issue price of the Common Shares will be $0.17 per share and the issue price of the GRIT Shares will be GBP1.00 per share for an aggregate value of approximately $1,020,000.

Defiance Silver Corp. announces that further to its news release dated January 28, 2014, it has closed a first tranche of $100,000 of its previously announced non-brokered private placement. The Offering consists of up to 24,000,000 units at $0.05 per unit, each unit consisting of one share and one warrant.

Garibaldi Resources Corp. is pleased to announce that it has granted to directors, officers and employees of the Company Incentive Stock Options on up to 600,000 shares of the Company’s capital stock, exercisable for up to five years, at a price of $0.20 cents per share, which price is not lower than the last closing price of the Company’s shares prior to this announcement, less the applicable discount.

Goldcorp Inc. today refuted allegations made in a Claim filed in Superior Court of Quebec by Osisko Mining Corporation on January 29, 2014 alleging improper activities related to Goldcorp’s Offer to acquire all of the outstanding shares of Osisko.

Osisko Mining Corporation reports on developments today in the proceeding it commenced against Goldcorp Inc. in the Québec Superior Court on January 29, 2014, in response to Goldcorp’s hostile take-over bid that was made on January 14, 2014.

Bowmore Explorations Ltd. is pleased to announce that it has closed the second portion of its non-brokered private placement in the amount of $325,110 with Canadian investors consisting of 2,500,848 units at a price of $0.13 per Unit. Each Unit is comprised of one common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder thereof to purchase one common share of Bowmore at a price of $0.20 each for a twenty four month period.