Tag: Investor’s Corner

El Tigre Silver Corp. is pleased to announce the appointment of Hard Rock Consulting, LLC of Lakewood Colorado as a strategic advisor for its mining activities and to assume the duties of the Company’s Qualified Person as defined in National Instrument 43-101. The Company currently owns 100% of 9 mining concessions, 8 comprising 21,500 hectares (215 square kilometres) located in the Sierra El Tigre, northeastern Sonora State in Mexico.

Revolution Resources Corp. announces that the Company has applied to list the common shares of the Company on the TSX Venture Exchange utilizing the streamlined listing procedure available to issuers whose shares are listed on the TSX. If the Company’s application is accepted, the transition to the TSX-V is anticipated to occur in January 2014 with no disruption in trading. Approval for the listing of the Company’s shares on the TSX-V remains subject to completion of the application process and the Company meeting all applicable TSX-V listing requirements.

Baja Mining Corp. wishes to provide an update on the Boleo Project construction schedule and the SRK Boleo technical report, based on the latest information provided to it by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. Baja holds a 10% ownership interest in MMB and has retained one representative on the five-member MMB board of directors and, as a result, has limited influence over decisions relating to the Project. In addition, the Company provides a status update on its separate Cinto Colorado tailings and slag recovery project, as well as the TSX listing review.

Mammoth Resources Corp. would like to announce the final closing of a total of $606,370 on its previously-announced private placement financing, having closed on a further issuance of 905,000 at $0.05 each for additional proceeds of $45,250. Each Unit will be comprised of one common share of the Company and one common share purchase warrant and each Warrant will entitle the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of $0.08 per common share for the first 12 months and $0.10 from the 13(th) to the 24(th) month. In aggregate, the Company has issued 12,187,400 Units and raised gross proceeds of $606,370 in the Private Placement, taking into account the Units issued and $554,120 raised in previous tranches as announced on September 19, 2013.

Marlin Gold Mining Ltd. announced today that it has filed a formal offer to acquire all of the outstanding shares of Animas Resources Ltd. with Canadian securities regulators and the Securities Exchange Commission and has mailed its offer and related documents to Animas shareholders.

Freeport-McMoRan Copper & Gold Inc. announced today the appointment of Lydia H. Kennard and Frances Fragos Townsend to its Board of Directors.

Chesapeake Gold Corp. is pleased to announce the election of Ms. Lian Li as a new director at the Company’s Annual General Meeting held Wednesday and the appointment of Mr. Greg D. Smith as a new director by the Board of Directors following the Annual General Meeting.

Agnico Eagle Mines Limited today announced that it has agreed to subscribe for 19,800,000 units of Pershimco Resources Inc. in a private placement at a price of C$0.47 per Unit for total consideration of C$9,306,000. Each Unit is comprised of one common share of Pershimco and one common share purchase warrant of Pershimco. Each Warrant entitles the holder to acquire at any time one Common Share at a price of C$0.54 for a period of two years from the closing date. The closing of the private placement is subject to the satisfactory completion of due diligence, regulatory approval and other conditions and is scheduled to occur on or about January 10, 2014.

American Consolidated Minerals Corp. reports that at its Annual General Meeting held on December 13, 2013, shareholders elected Messrs. Robert Eadie, Gary Arca, Allan Fabbro, Ken Sumanik, David Gunning, Richard Kern, Herb Duerr and Robert Sibthorpe as directors for the ensuing year.

Greg Myers, CEO and President of Caza Gold Corp. advises that Bradford Cooke has stepped down as Chairman of the Board and has submitted his resignation as a Director of the Company. The Company thanks Bradford for his services and wish him the best with his other commitments.