Month: July 2011

TORONTO, ONTARIO, Jul 14, 2011 (MARKETWIRE via COMTEX) — ECU Silver Mining Inc. (“ECU”) is pleased to report that it has closed the previously announced issuance of CAD$15 million principal amount, 0.0% senior unsecured convertible notes at par (the “Convertible Notes”) in a private placement (the “Private Placement”) to Golden Minerals Company (“Golden”). The Private Placement was described in the June 24, 2011 joint press release in which ECU and Golden announced the signing of an arrangement agreement pursuant to which the two companies have agreed to merge by way of plan of arrangement under the Quebec Business Corporations Act (the “Arrangement”).

VANCOUVER, BRITISH COLUMBIA, July 13, 2011 – GOLDCORP INC. (TSX: G, NYSE: GG) today agreed to support the proposed transaction by which Northgate Minerals Corporation (“Northgate”) (TSX: NGX, NYSE Amex: NXG) will acquire all of the issued and outstanding shares of Primero Mining Corp (“Primero”) (TSX: P). The transaction will be effected through a plan of arrangement under the British Columbia Business Corporations Act.

VANCOUVER, BRITISH COLUMBIA, Jul 13, 2011 (MARKETWIRE via COMTEX) — Bearing Resources Ltd. (“Bearing” or the “Company”) reports that the Company has granted an aggregate of 2,090,000 incentive stock options (the “Options”) at an exercise price of $0.72 per Option, of which 1,800,000 Options were granted to insiders of the Company. The Options will vest over a two year period from the date of grant. The Options are granted in accordance with the Company’s Incentive Stock Option Plan approved on March 22, 2011. The grant of the Options is subject to the final approval of the TSX Venture Exchange.

Toronto, July 13, 2011 – Scorpio Mining Corporation (TSX:SPM) (“Scorpio Mining” or the “Corporation”) is pleased to report a second strong production quarter in 2011 (“Q2 2011”), representing significant increases over Q2 2010 and maintaining production levels attained in the first quarter of 2011.

MONTREAL, QUEBEC, Jul 12, 2011 (MARKETWIRE via COMTEX) — Dia Bras Exploration Inc. (“Dia Bras” or the “Company”), announces that that it has filed today on SEDAR a revised Interim Financial Report for the three-month period ended March 31, 2011. The revised Interim Financial Report include in Note 23 (d) and (e) the equity reconciliation for March 31, 2010, and December 31, 2010, as required by IFRS 1 First Time Adoption of International Financial Reporting Standards. This revision had no impact of the operating results published by the Company for the three-month period ended March 31, 2011, in the Company’s news release dated June 30, 2011.

Alamos Gold Inc. announces that its Board of Directors has accepted the resignation of Leonard Harris effective Tuesday, July 12, 2011, on the occasion of his 84th birthday.

MUSGROVE APPOINTS MR. VIG TO THE BOARD OF DIRECTORS

AuRico Gold Inc. is pleased to announce preliminary results that include a significant increase in production as well as record operating cash flow and net free cash flow for the second quarter. During the quarter, the Ocampo mine produced 19% more gold equivalent ounces (realized) as compared to Q1 2011 at cash costs of $340 per realized gold equivalent ounce, resulting in a record margin of 77% or $1,171 per gold equivalent ounce. The Company¡¯s consolidated production for the quarter was augmented by solid production from the El Chanate mine that was acquired effective April 8, 2011.

TORONTO, ONTARIO–(Marketwire – July 12, 2011) – Soltoro Ltd. (TSX VENTURE:SOL) (“Soltoro” or the “Company”) is pleased to announce that Coeur d’Alene Mines Corporation (NYSE:CDE)(TSX:CDM) (“Coeur d’Alene”) has executed a term sheet to make a $4.5 million investment in Soltoro. Coeur d’Alene intends to purchase 4,500,000 common shares of Soltoro at $1.00 per share in a private placement transaction (the “Financing”) as an investment. Closing of the Financing is subject to the execution of a definitive subscription agreement and approval of the TSX Venture Exchange.

VANCOUVER, BRITISH COLUMBIA, Jul 12, 2011 (MARKETWIRE via COMTEX) — GREAT PANTHER SILVER LIMITED (the “Company”) reports second quarter (“Q2”) production at its two wholly-owned Mexican silver mining operations, Topia and Guanajuato.