Apr 02, 2012 (ACCESSWIRE-TNW via COMTEX) — TORONTO, CANADA – April 2, 2012 – Mr. Thomas Skimming, P. Geo., CEO of MacMillan Minerals Inc., (cnsx:MMX) is pleased to announce that the Company held the Annual and Special Meeting of Shareholders on Friday March 30, 2012.
Guerrero Exploration Inc. announces that the Company has completed the first closing of the previously announced private placement being brokered by Euro Pacific Canada Inc. 2,562,500 units at $0.125 per unit were issued for total gross proceeds of $320,312.50. Each unit consists of one common share and one-half of a common share purchase warrant. Each whole Warrant entitles the holder to purchase one common share at $0.25 for a period of 12 months from the date of closing. Insiders participated as to $37,500. Commissions of $25,828.12 and 206,625 broker warrants exerciseable for 2 years from closing at $0.125 were issued in connection with this closing.
OTC Markets Group Inc., the company that operates the world’s largest electronic marketplace for OTC-traded equities, announced that Endeavour Mining Corporation a gold production and exploration company, is now trading on the highest tier of the OTC market, OTCQX®.
IMPACT Silver Corp. is pleased to announce record financial and production results for the year ended December 31, 2011.
Highlights: — Three drill hole assays received to date; two drill holes (CO-12-60 & CO-12-62)were drilled along strike and one drill hole (CO-12-61) was a confirmation drill hole — Drill hole CO-12-60 intersected high gold grades of 5.89 g/t gold over 3.5 m including 21.9 g/t Au over 0.50m in oxides — Drill hole CO-12-62 intersected wider gold zone grading 1.39 g/t gold over 10.0 m including 3.14 g/t Au over 1.0 m in oxides — Drill hole CO-12-61 confirmed historic drilled mineralized zone — Four Drill holes were drilled into Low-grade gold high sulphidation “lithocap” sitting atop an igneous intrusion-driven hydrothermal system identified by the exploration team this year
Highvista Gold Inc. is pleased to report that it has identified a new large gold, silver and copper target at its 100% owned Canasta Dorada Gold Project, located within the Sonoran Gold Belt, in Sonora State, Mexico.
Quaterra Resources Inc. today announced that Anthony (Tony) Walsh has been appointed a director of the Company effective March 27, 2012.
Oremex Silver Inc. announces that its board of directors has declared a dividend-in-kind of 14,000,000 common shares held by it in the capital of Oremex Gold Inc. The Company intends to pay the Dividend during the week of May 7, 2012 to the holders of record of the outstanding common shares of the Company at the close of business on April 30, 2012. The common shares of the Company will start to trade ex-dividend on April 26, 2012 (i.e. shares of the Company purchased on the TSX Venture Exchange on or after April 26, 2012 will not be eligible to receive the Oremex Gold Shares as a dividend-in-kind). The Company would like to remind all holders of Company options or warrants who intend to exercise their securities and participate in the Dividend that they should proceed to do so well in advance of the ex-dividend date in order to ensure that they are eligible to receive the Dividend.
Mining company, Cayden Resources declared that it has received the latest drilling results from the Las Calles target at the Morelos Sur Gold property in Mexico.
MAG Silver Corp. announces the Company’s audited consolidated financial results for the year ended December 31, 2011. For complete details of the annual financial statements and related Management’s Discussion and Analysis, please see the Company’s filings on SEDAR (www.sedar.com) or on EDGAR (www.sec.gov). All amounts herein are reported in Canadian dollars unless otherwise specified.
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