Day: May 9, 2012

Dia Bras Announces C$45 Million Private Placement Financing

Dia Bras Exploration Inc. is pleased to announce a C$45 million private placement of common shares at an offering price of C$3.00 per share. The Offering will be conducted on a best efforts basis through a syndicate of agents led by RBC Capital Markets.

Great Panther Updates Mineral Resource Estimates at the Guanajuato Mine Complex and San Ignacio Project; Extends Mineralization at San Ignacio

Great Panther Silver Limited announces the completion of the updated mineral resource estimates at the Company’s wholly-owned Guanajuato Mine Complex and San Ignacio Project in Guanajuato, Mexico. As the San Ignacio Project is effectively a satellite of the Guanajuato Mine Complex (20 kilometres by road), and any mineralization extracted from the former will be processed at the Cata Plant, the resource is now being considered as part of the overall Guanajuato Mine mineral inventory.

Capstone Reports Solid 2012 First Quarter Financial Results Continuing to Strengthen Balance Sheet

Capstone Mining Corp. today announced its financial results for the three months ended March 31, 2012. Net earnings for the quarter were $15.7 million and cash flow from operating activities was $17.8 million. Capstone ended the quarter with cash on hand of $501.7 million and no debt. Copper production for the quarter at Capstone’s two operating mines, Cozamin and Minto, totalled 18.6 million pounds of copper in concentrates at a total cash cost(1) of $1.45 per payable pound.

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