Tag: Investor’s Corner

Kootenay closes $4.75M Private Placement with Agnico-Eagle Mines Limited

Kootenay Silver Inc. announces the closing of a $4,750,000 private placement with Agnico-Eagle Mines Limited previously announced by the Company on April 23, 2013. An aggregate of 6,250,000 units at a purchase price of $0.76 per Unit were issued to Agnico-Eagle pursuant to the Private Placement, with each Unit consisting of one common share in the capital of the Company and one-half of one transferrable common share purchase warrant. Each Warrant entitles Agnico-Eagle to acquire one Common Share at an exercise price of $1.08 until April 26, 2015. All of the securities issued pursuant to the Private Placement are subject to a hold period until August 27, 2013.

First Mexican and Buenaventura Agreement Update

First Mexican Gold Corp. wishes to announce that the agreement announced January 21, 2013 and amended March 26, 2013, with Compañía de Minas Buenaventura S.A.A. has been extended to May 10, 2013.

Orex Closes Non-Brokered Private Placement

Orex Minerals Inc. announces that it has completed its non-brokered private placement previously announced on February 18, 2013 for aggregate gross proceeds of CAD $750,000. The Offering consisted of 1,500,000 shares at a price of $0.50 per share. All of the shares were subscribed for by 683192 B.C. Ltd., a company wholly owned and controlled by Gary Cope, CEO of Orex.

Defiance Silver Announces $0.50 Million Private Placement

Defiance Silver Corp is pleased to announce a non-brokered private placement of up to 3,333,400 units of the Company at a price of $0.15 per Unit for gross proceeds of up to $500,000. The Offering is subject to an overallotment option whereby the Company may increase the Offering by up to 50% depending on market demand.

Sierra Metals Announces Pre-Feasibility Study To Provide Supporting Details For The Bolivar Mine, Mexico (Revised)

Sierra Metals Inc., previously Dia Bras Exploration, is pleased to provide this revised news release which includes additional supporting details on the pre-feasibility study completed by Gustavson Associates, LLC of Lakewood, Colorado, for its Bolivar copper-zinc-silver mine located in Chihuahua State, Mexico announced on April 17, 2013. The study, mine plan and reserve estimate are based on Gustavson’s work and mine plan.

Golden Tag Files Independent 43-101 Technical Report with Updated Mineral Resource Estimate for the San Diego Project, Durango, Mexico

Golden Tag Resources Ltd. is pleased to report the recent filing of the 43-101 Technical Report on the 2013 Revised Resource Estimate completed by SGS Canada Inc. for the San Diego Deposit located in the Velardeña camp in Durango State, Mexico. The report is available through www.sedar.com and at Golden Tag’s Web site at www.goldentag.ca. The Resource Estimate was reported in a press release on February 26, 2013 [errata – press release March 04 2013] and reproduced below as Tables 1 and 2. The San Diego Property is a 50-50 joint venture between Golden Tag and Golden Minerals Company (NYSE Amex: AUMN) (TSX: AUM)Golden Tag is the operator and is earning an additional 10% interest to a 60% interest by funding additional exploration on the property.

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