Tag: Investor’s Corner

Silver Bull Closes Common Stock Offering for Gross Proceeds of $US 10.4 Million

Vancouver, British Columbia — Silver Bull Resources, Inc. (AMEX: SVBL, TSX: SVB) (“Silver Bull”) has received commitments from various investors for the sale of 21,050,000 shares of common stock at a price of $US 0.50 per share. Silver Bull is pleased to announce the closing of the sale of 20,755,000 shares of common stock at a price of $US 0.50 per share for gross proceeds of $US 10,377,500. Silver Bull expects to close the sale of the remaining 295,000 shares of common stock this week.

Kootenay Announces Mr. Jon Morda Appointed to Board of Directors

VANCOUVER, Dec. 12, 2011 /CNW/ – Kootenay Gold Inc. (TSX VENTURE: KTN.V) is pleased to announce the appointment of Mr. Jon Morda, CA to the Company’s Board of Directors. Mr. Morda brings Kootenay over 20 years of experience in the mining industry, having served as Chief Financial Officer for several mineral exploration and gold producing companies. As a senior executive, Mr. Morda is highly adept in all areas of strategic corporate planning, operations, budgeting, accounting and taxation functions.

President of Starcore Retires

Vancouver, B.C. – Starcore International Mines Ltd. (the “Company”) announced today that Ralf Kleine is stepping down as President of the Company and will be handing overall responsibility for the day-to-day operations at the San Martin Mine in Queretaro to Robert Eadie, Executive Chairman and CEO of the Company. Kleine, who has been providing leadership at the San Martin Mine since April 2010, will continue to serve as a member of Starcore’s Technical Advisory Board.

Southern Silver Closes First Tranche of Private Placement

Southern Silver Exploration Corp. announces that it has closed the first tranche of its previously reported non-brokered private placement by issuing 6,417,000 units at a price of $0.15 per unit for gross proceeds of $962,550. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of two years at an exercise price of $0.20 per share.

Silver Bull Announces an Additional $US 3 Million Common Stock Offering to the $7.5 Million Non-Brokered Common Stock Offering Previously Announced December 2, 2011

VANCOUVER, British Columbia, Dec. 6, 2011 /PRNewswire/ — Silver Bull Resources, Inc. (AMEX: SVBL, TSX: SVB) (“Silver Bull”) is pleased to announce that it has received commitments from various investors for the sale of 6,000,000 shares of common stock at a price of $US 0.50 per share (“the Offering) resulting in gross proceeds of $US 3,000,000. These commitments are in addition to the commitments received from various investors for the sale of 15,050,000 shares of common stock at a price of $US 0.50 per share, resulting in gross proceeds of $US 7,525,000 as described in the Silver Bull news release dated December 2, 2011.

Mercator Minerals Closes $20 Million Financing

Mercator Minerals Ltd. is pleased to announce that it has closed its previously announced private placement of 11,428,572 units to raise gross proceeds of C$20 million. Each Unit was comprised of one common share and one-quarter of one common share purchase warrant. Each Warrant entitles the holder to purchase one additional Common Share of the Company at a price of C$2.50 per share until December 2, 2014. A finder’s fee of C$0.54 million was paid in connection with the financing.

Silver Sun Now Trading on the OTCBB

VANCOUVER, British Columbia, Dec 02, 2011 (BUSINESS WIRE) — Silver Sun Resource Corp. (“Silver Sun” or “the Company”) is pleased to announce the Company is now trading on the OTCBB under the symbol: SSUXF, effective immediately.

Guerrero Now Listed and Trading on the Frankfurt Stock Exchange Trading Under the Symbol 2GU.F

VANCOUVER, BRITISH COLUMBIA, Dec 02, 2011 (MARKETWIRE via COMTEX) — Guerrero Exploration Inc. (“Guerrero” or the “Company”) (tsx venture:GEX)(frankfurt:2GU.F) announces the common shares of the Company have been listed on the Frankfurt Stock Exchange and are now trading under the symbol (2GU.F). Guerrero anticipates the listing will facilitate and grow the Company’s brand name throughout the European community.

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