Month: October 2012

Illegal Work Stoppage at El Cubo Lease Facilities

Endeavour Silver Corp. announces that an illegal work stoppage is now underway that is currently blocking Company management and subsidiaries personnel from accessing certain facilities held under lease near the El Cubo mine located in the state of Guanajuato, Mexico. To date, the blockade has been relatively peaceful.

Santacruz Amends Terms of San Felipe Agreement

Santacruz Silver Mining Ltd. is pleased to announce that its subsidiary, Impulsora Minera Santacruz S.A. de C.V. has been successful in negotiating improved payment terms with Minera Hochschild Mexico S.A. de C.V. allowing Impulsora to extend out payments to acquire a 100% interest in the San Felipe project located near Hermosillo, Sonora, Mexico.

Gunpoint Announces $2 million Equity Financing

Gunpoint Exploration Ltd. announces a non-brokered private placement to raise up to $2 million through the sale of 4 million units of the company at a price of $.50 per unit. Each unit will consist of one common share of the company and one-half of one common share purchase warrant. Each full warrant will entitle the holder to purchase one additional common share at the price of $.75 for a period of one year from closing the offering.

Primero Mining shares soar on Mexican tax ruling

Shares of Primero Mining Corp (P.TO) rose more than 41 percent shortly after the market open on Friday after the junior gold miner said it had received a positive ruling from Mexican tax authorities on how it reports silver revenues.

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