Could Goldcorps (NYSE:GG,TSX:G) hostile takeover bid for Osisko Mining (TSX:OSK) mean the beginning of a fresh round of mergers and acquisitions (M&A) in what has been a quiet market for mining tie-ups? Likely that wont happen right away, but the bid is a sign that the gold majors are starting to shop around after a year spent cutting costs and taking care of their own balance sheets.
Minaurum Gold Inc. is pleased to announce that, further to its news release dated December 20th, 2013, it has completed a second tranche closing on $495,000 of its $1.3 million non-brokered private placement. With its second tranche closed, Minaurum has now raised a total of $870,000. A finder’s fee of 182,000 shares was paid in connection with the second tranche. The securities issued under the offering will be subject to a four month hold period expiring May 16, 2014 in accordance with applicable Canadian securities laws.
AuRico Gold Inc. today announces preliminary fourth quarter and annual operational results. All amounts are in U.S. dollars unless otherwise indicated.
Riverside Resources Inc. is pleased to provide an overview of the Company’s growth plans for the coming year. Riverside will look to strategically build on the successes achieved during 2013, which included securing two new fully funded strategic alliances with major metal producers for mineral exploration work in northwestern Mexico, four new partner funded project acquisitions and positive drilling and exploration results highlighted by the high-grade silver values reported at the Peñoles Project in Durango, Mexico. The Company continues to diligently manage its capital with more than $5,000,000 in cash, no debt and less than 37,000,000 shares outstanding.
First of all we want to thank you for your support and interest in our company over the past year. We are excited about what we have accomplished in 2013 and are even more excited to provide you with some of the milestones we hope to reach over the course of the coming year. We firmly believe that 2014 will bring a number of significant achievements for our company which will validate our choice to focus on developing our Mexican mining interests.
Bradford Cooke, Chairman of Canarc Resource Corp., is pleased to announce the appointment of Mr. Catalin Chiloflischi as the Company’s new Chief Executive Officer effective January 13, 2014.
Great Panther Silver Limited today announced fourth quarter and annual 2013 production results at its two wholly-owned Mexican silver mining operations, Guanajuato and Topia.
McEwen Mining Inc. is pleased to announce full-year and Q4 production results. For the full-year, the Company’s total production was 139,455 gold eq. oz comprised of 79,158 gold oz and 3,135,467 silver oz. This represents an approximate 33% increase compared to 2012.
Minaurum Gold Inc. is pleased to announce that further to its News Releases dated December 20, 2013 and December 27, 2013, it will increase the size of its non-brokered private placement to a total of 26,000,000 units to raise gross proceeds of $1.3 million.
Goldgroup Mining Inc. announces that it has obtained an injunction against the 300 new shares purportedly issued by DynaResources de México, S.A. de C.V. in favor of DynaResource, Inc. from a Federal Judge of the Mexican Court. The injunction freezes the shares pending trial regarding DynaMex’s issuance of the new shares. Before the new shares were purportedly issued, Goldgroup was a 50% shareholder in DynaMex, the company that owns the San José de Gracia high-grade gold project in Sinaloa, Mexico. DynaUSA was a 49% shareholder, and Koy Wilber Diepholz, DynaUSA’s Chairman, Chief Executive Officer and Treasurer, held the remaining 1% interest.
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