Cream Minerals Ltd. announces that further to the Company’s news release of December 21, 2012 in addition to the 24,114,000 warrants that have been re-priced to $0.10 and extended to December 20, 2013, the Exchange has approved the extension to December 20, 2013 an additional 13,036,000 warrants held by insiders. The exercise price of these warrants remains unchanged at $0.24 per share.
First Mexican Gold Corp. reports that it has cancelled the previously announced financing on November 22, 2012 with Euro Pacific Canada Inc. The financing was to raise $1.0 million dollars through the issuance of a unit. Each unit consisted of one common share plus one-half of one common share purchase warrant, with each whole purchase warrant exercisable into a common share at a price of 14 cents for a period of 24 months from closing.
Weststar Resources Corp. announces that the Company is seeking to raise up to $350,000 through the issue of a non-brokered private placement of units at a price of $0.035 per Unit.
Argonaut Gold Inc. is pleased to provide an update in regards to the Companys warrants which expired on December 31, 2012. In total, 25,744,277 warrants for the Company were exercised and the Company received total proceeds of approximately $115 million dollars.About Argonaut Gold
First Majestic Silver Corp. is pleased to announce the appointment of Mr. Salvador García Ledezma as Vice President of Operations responsible for all operations and new project activities at the Company’s growing silver mining portfolio in Mexico.
Oremex Gold Inc. is pleased to announce the appointment of Mr. Michael Ivan, CA to the position of Chief Financial Officer.
Quaterra Resources Inc. today announced that its previously announced private placement was increased and has closed with the issuance of 6,541,571 units for gross proceeds of US$2,289,550.
Gold Resource Corporation declares its instituted monthly dividend of $0.06 per common share for December 2012 payable on January 23, 2013 to shareholders of record as of January 11, 2013. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.
Mexico, the worlds main silver producer, is quickly becoming a key player in the gold market driven mainly by an exploration boom at the Guerrero Gold Belt (GGB), an emerging gold mining district in the south of the country.
Bowmore Exploration Ltd. has closed a 425,000 non-brokered flow-through private placement with Canadian investors consisting of 1,416,666 units at a price of 0.30 per Unit. Each Unitis comprised of one flow-through common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder thereof to purchase one non-flow-through common share of Bowmore at aprice of 0.40 each until June 28, 2014.
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