Tag: Investor’s Corner

Alta Vista Ventures Ltd. is pleased to announce that final approval has been received from the TSX Venture Exchange for the first tranche of its previously announced non-brokered private placement in the Company at a price of $0.05 per Unit. The first tranche is 1,280,000 Units for gross proceeds of $64,000. A unit consists of one common share and one non-transferable common share purchase warrant valid for two years. Each warrant will entitle the holder to purchase one additional common share at a price of $0.075 for the first year and $0.10 for the second year. The warrants will expire on December 11, 2015. The shares forming part of the units and the shares acquired on exercise of the warrants are subject to restrictions on resale until April 12, 2013.

United States Antimony Corporation estimated that Mexican production of contained antimony metal for 2013 will be 663,559 pounds compared to 372,046 for 2012, an increase of 78%. Overall sales for 2013 are estimated at 1,621,990 pounds of contained antimony metal compared to 1,423,279 for 2012, an increase of 14%.

Primero Mining Corp. and Brigus Gold Corp. today announced that they have entered into an arrangement agreement whereby Primero will acquire all outstanding common shares of Brigus pursuant to a plan of arrangement to create a diversified, Americas based mid-tier gold producer.

Timmins Gold Corp. is pleased to report that it has agreed with Sprott Resource Lending Partnership to an extension to the term of its existing 18 million credit facility. The extension is subject to final documentation.

Silver Bull Resources, Inc. announced today that as a result of a review by the British Columbia Securities Commission, Silver Bull is issuing the following news release to clarify its disclosure.

Lucky Minerals Inc. announces that an addendum to the Option Agreement dated effective November 28, 2013 has been agreed upon whereby the Company’s second payment has been extended and blended into the third payment due June 1, 2014 and further, the Company may elect to issue common shares in its capital in lieu of cash payments, to complete the acquisition.

Source Exploration Corp. is pleased to announce that it has arranged a non-brokered private placement of up to 5,000,000 units of the Company at a price of $0.075 per Unit for gross proceeds of up to $375,000. Each Unit will consist of one common share of the Company and one common share purchase Warrant.

Vendome Resources Corp. is pleased to announce the TSX Venture Exchange has consented to an extension in the expiry date for 5,165,166 share purchase warrants, that were set to expire on December 6th, 2013. The new expiry date is June 6th, 2015, at an exercise price is $0.30.

Mercator Minerals Ltd. climbed 100% to nine cents as investors assessed the news that the resource company and Intergeo MMC Ltd., a privately held mineral resource company, have been combined to create a new copper-focused base metal company. In connection with the transaction, Daselina Investments Ltd., Intergeo’s controlling shareholder, has agreed to invest US$100 million plus an amount equal to the accrued interest under the bridge loan via a private placement in the combined company at a subscription price of US$0.1224 per share.

Corex Gold Corp. (TSX: V.CGE, Stock Forum) rose 25% to 7.5 cents after the exploration junior announced results from drill hole SNT-DH0001 provided by its joint venture partner Vale Exploraciones Mexico S.A. de C.V., a subsidiary of Vale S.A. (NYSE: VALE, Stock Forum).This first hole of a 4,000 metre first phase drill program has intersected a significantly mineralized copper-gold-silver system in the Benjamin zone at the company’s Santana property, Sonora, Mexico. Hole SNT-DH0001 intersected 49 metres averaging 1.50% copper, 0.37 grams per tonne gold and 97.49 grams per tonne silver.