Tag: Investor’s Corner

Orex Minerals Inc. announces that it is undertaking a non-brokered private placement for gross proceeds of up to $5,000,000. The Offering consists of up to 20,000,000 Units of the Company at a price of $0.25 per Unit. Each Unit will consist of one common share and one half of a transferrable common share purchase warrant. Each whole Warrant will be exercisable for one common share at $0.30 for a period of 24 months from closing.

American Consolidated Minerals Corp. announces that it has arranged a non-brokered private placement of up to 10,000,000 units at a price of $0.15 per Unit, for gross proceeds of up to $1,500,000.

Aurcana Corporation is pleased to announce the appointment of Andrew Kaczmarek, Director, as interim Chief Operating Officer effective immediately.

Defiance Silver Corp. has entered into a share exchange agreement with Global Resources Investments Ltd., an arm’s length party to Defiance. Under the agreement, Defiance will issue to GRIL 5,100,000 common shares at a deemed price of 0.10 per share.

Vista Gold Corp. today provided an update of its Strategic Review and steps to improve corporate liquidity.

Southern Silver Exploration Corp. has closed the first tranche of its previously reported non-brokered private placement by issuing 6,830,150 units at a price of $0.02 per unit for gross proceeds of $136,603. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.05 per share. Securities issued pursuant to this tranche of the private placement, including common shares, share purchase warrants and finder’s warrants issued as finder’s fees, carry a legend restricting trading of the securities until January 14, 2014.

Gold Reserve Inc. is pleased to announce the closing of the second and finaltranche of its previously announced non-brokered private placement. In this tranche, the Company has issued an additional 250,000 units of securities of the Company at a price of US $3.00 per Unit for gross proceeds in the amount of US $750,000 to arm’s length subscribers. Each Unit comprises one Class A common share of the Company and one-half of one Common Share purchase warrant, with each Warrant exercisable by the holder until September 20, 2015 to acquire one Common Share at a price of US $4.00 per share. In total in the Private Placement, the Company has issued 1,750,000 Units for aggregate gross proceeds of US $5,250,000 to the Company. The proceeds are to be used by the Company for general working capital purposes.

McEwen Mining Inc. is pleased to announce that the Company has been included in the NYSE Arca Gold Miners Index, the preeminent index covering the gold mining industry, which is tracked by the Market Vectors Gold Miners Index ETF. The effective date of the inclusion is September 23, 2013. The Gold Miners Index is comprised of publicly traded companies focused on gold and silver mining around the world

El Tigre Silver Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of 800,000 units of the Company at a price of 0.25 per Unit for aggregate cash proceeds of 200,000. Each Unit will be comprised of one common share and one-half of a common share purchase warrant. Each whole 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 0.38, provided that, if over a period of 20 consecutive trading days after the expiry of the hold period on the warrants, the daily volume weighted average trading price of the common shares of the Company on the TSX Venture Exchange (or such other stock exchange on which such shares are listed) is greater than 0.50, then at the Company’s discretion, it may, within10 days of such 20 day period, accelerate the expiry date of the Warrants to a date 30 days after the date of the notice.

Mundoro Capital Inc. is pleased to provide the results from its annual general and special meeting of shareholders held on September 17, 2013 in Vancouver, BC.