Oroco Resource Corp. is pleased to announce the closing of the sale to Goldgroup Mining Inc. of a 100% interest in Oroco’s Cerro Prieto Project effected by way of the sale of the Company’s wholly-owned Panamanian subsidiary, Minera Polimetalicos Mexicanos, S.A. and its Mexican subsidiary, Minas de Oroco Resources, SA de CV, the owner of the mineral concessions making up the Cerro Prieto property.
Starcore International Mines Ltd. is debt-free and now owns the San Martin gold mine free and clear. The Company paid off the amount owing of $3,681,119.48 on the credit facility extended to it by Sprott Resource Lending in May, 2012, rendering the Company free of debt.
Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the Zacatecas silver belt of Mexico, is pleased to announce that further to the Company’s news release of 23 August 2013, the Company has successfully completed its private placement debt financing in the principal amount of US$15,585,000 consisting of a senior secured convertible note and has, upon completion of the financing, completed the purchase of a processing plant with a capacity to treat up to 1,500 tonnes per day of silver-lead-zinc ore at a cost of US $3.12 million, as previously reported.
Santacruz Silver Mining Ltd. reports on its operations for the second quarter ending June 30, 2013. The Company’s financial statements and accompanying management discussion and analysis can be viewed on the Company’s web site at www.santacruzsilver.com or on SEDAR at www.sedar.com.
Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, announces following the approval of its shareholders at its general meeting held on 29 August 2013, every 10 common shares of no par value each in the capital of the Company that were in issue as at 18:00 on 29 August 2013 will be consolidated into one new common share of no par value in the capital of the Company.
Avino Silver and Gold Mines Ltd. is pleased to report its financial results for the second quarter ended June 30, 2013. All financial information is prepared in accordance with IFRS and all dollar amounts are expressed in Canadian dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s unaudited condensed interim consolidated financial statements for the three and six months ended June 30, 2013 and associated management discussion and analysis which are available on the Company’s website at www.avino.com and under the Company’s profile on SEDAR at www.sedar.com.
Cortez Gold Corp announces that the Board of Directors has approved a resolution consolidating the Company’s share capital on the basis of up to every ten shares of the Company being consolidated to one share, or to such consolidation ratio as may be acceptable to the regulatory authorities and approved by the directors of the Company. Currently, the Company’s authorized share capital is an unlimited number of common shares without par value, of which 36,128,501 shares are issued and outstanding, with a further 8,199,249 shares reserved for issuance upon the exercise of existing stock options and warrants.
Aurcana Corporation today is pleased to report its unaudited financial results for the second quarter ended June 30, 2013.
The Company is pleased to announce that it has appointed Jose Perez as President, Secretary and Director of the Company. Jose Perez aged 39, over the last several years has consulted to various reporting and non-reporting companies in the mining, oil & gas, technology and energy efficiency sectors. Providing guidance on corporate finance, business development, marketing and investor outreach programs. Mr. Perez has a Bachelor of Commerce Degree from McGill University, where he specialized in Finance and International Business. He is currently consulting to a number of Mexican based operations. Mr. Perez is fluent in English, French and Spanish.
Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the release of its Management’s Discussion and Analysis and unaudited Financial Statements for the three months and six months ended 30 June 2013.
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