Candente Gold Corp. is pleased to report that it has received an expression of interest from Fideicomiso de Fomento Minero to provide financing to the Company of up to US$25,000,000 for exploration and test work on the Company’s recently acquired Tailings deposit at El Oro, Mexico.
Great Panther Silver Limited announces the completion of the updated mineral resourceestimates at the Company’s wholly-owned Guanajuato Mine Complex in Guanajuato, Mexico. This update does notaffect the San Ignacio Inferred resource estimate, which remains asreported in 2012.
Agave Silver Corp. is pleased to announce the closing of the second tranche of its previously announced non-brokered private placement for total proceeds (including proceeds from the first tranche of the Private Placement) of $1,030,000. The Private Placement was entirely subscribed by insiders, directors and officers of the Company.
Cangold Limited is extending the expiry date of 2,180,000 Series P share purchase warrants (“P Warrants”) that are set to expire on December 20, 2013, to December 20, 2014. These warrants were originally issued on December 21, 2009.
Further to its press releases dated November 15, 2013 and November 21, 2013, Kimber Resources Inc. is pleased to announce that the Company has entered into an arrangement agreement with Invecture Group, S.A. de C.V. pursuant to which Invecture has agreed to acquire all of the common shares of Kimber not already owned by Invecture or its affiliates by way of a plan of arrangement under section 288 of the Business Corporations Act (British Columbia).
Animas Resources Ltd. Board of Directors today announced that Mark T. Brown, chairman of the Board of Directors, has been appointed as the interim President and CEO of Animas.
Goldcorp Inc. is pleased to declare its twelfth monthly dividend payment for 2013 of $0.05 per share. Shareholders of record at the close of business on Thursday, December 12, 2013 will be entitled to receive payment of this dividend on Friday, December 20, 2013.
NWM Mining Corporation announces that it has extended the due date of the current debt outstanding from November 30, 2013 to January 31, 2014. The extension provides a further two months (see the Company’s press releases dated October 31 and October 1, 2013) for the ongoing negotiations to be concluded with the Company’s lender (Renvest Mercantile Bancorp through its Global Resources Fund), as set out in the Company’s press release dated June 14, 2013. All other terms as were announced previously remain in place including the September 30, 2014 maturity date for the amended and restated credit agreement.
Cortez Gold Corp. reports that it is negotiating a debt facility for Cdn$2 million with various European financiers. The Company hopes to finalize the Loan with a 24-month term, with no payments required until after the 18th month following the effective date of disbursement of the Loan funds. After the 18th month, a payment of interest only will be due and payable (covering interest for the 18 months that the Loan will have been outstanding), and interest payments shall continue thereafter on a monthly basis until the end of the term. At the end of the term, the principal amount plus any outstanding interest will be due and payable.
Oremex Silver Inc. announces that it has agreed to terms in regards to a private placement with Global Resources Investments Ltd., an arm’s length party to the Company.
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