Tag: Investor’s Corner

Rare Earth Minerals has made further market investments totalling $0.186 million in Bacanora Minerals Limited and Western Lithium USA Corporation.

On September 10, Gold Resource Corporation announced the sudden retirement decision of its chief executive officer William Reid. As per the company’s submission to SEC, Mr Reid retirement will come into effect from the end of this month. Reid has consented to continue as the Chairman of the company’s board of directors in order to effect a smooth transition. The board of directors have elected Mr Jason Reid to take the place of William Reid as CEO. He is currently serving as the president of the company and is also serving on the board of directors.

Endeavour Silver Corp. today announced updated production guidance for 2013. Endeavour is a mid-cap silver mining company that owns and operates three underground silver-gold mines in Mexico, the Guanacev� mine in Durango state and the Bola�itos and El Cubo mines in Guanajuato state.

Catalyst Copper Corp. announces that it is undertaking an offering of $300,000 in convertible notes, an increase from the original offering of $150,000 of Notes announced in its press release dated August 20, 2013.

Teck Resources Limited announced today the appointment of Andrew Golding as Senior Vice President, Corporate Development, effective September 16, 2013. Mr. Golding will succeed Ron Vance, who decided earlier this year to retire, effective February 28, 2014.

McEwen Mining Inc. is pleased to announce the promotion of Ian Ball from Senior Vice President to President of the company. Ian has been with the company since late 2005 and has been instrumental in advancing the development of our Mexican assets. In particular, the discovery of El Gallo 2 silver deposit and restarting of El Gallo 1 gold mine and its current expansion. All work has been completed under budget and on schedule.

Quaterra Resources Inc. announced today the successful closing of its private placement offering, as previously announced on August 9, 2013 and September 5, 2013, for gross proceeds of US$2,981,000.

Big North Graphite Corp. announces that subject to TSX Venture Exchange acceptance, it has closed an expedited private placement of 2,666,667 units at $0.075 per Unit for total gross proceeds of $200,000.

International Millennium Mining Corp. reports the Company’s results for its fiscal year 2013 second quarter ended June 30, 2013.

Bacanora Minerals Ltd. announces the grant of an aggregate of 950,000 options to acquire common shares in the capital of Bacanora at a price of $0.30 to certain directors, management, consultants and employees of the Company and its subsidiaries. Such options (and the common shares exercisable upon exercise) are exercisable immediately for a period of 5 years from the date of grant and will be subject to applicable securities law hold periods.