DynaResource Inc. last week asked a Texas state court for more than $14 million in damages it says were caused when Goldgroup Resources Inc. improperly claimed to own half of a 178,000-acre gold mining project in Mexico.
Cream Minerals Ltd. announces that further to the Company’s news release of December 21, 2012 in addition to the 24,114,000 warrants that have been re-priced to $0.10 and extended to December 20, 2013, the Exchange has approved the extension to December 20, 2013 an additional 13,036,000 warrants held by insiders. The exercise price of these warrants remains unchanged at $0.24 per share.
Bacanora Minerals Ltd. is pleased to announce the results of a Preliminary Economic Assessment on the Company’s Cajon Borate deposit in Sonora, Mexico.
First Mexican Gold Corp. reports that it has cancelled the previously announced financing on November 22, 2012 with Euro Pacific Canada Inc. The financing was to raise $1.0 million dollars through the issuance of a unit. Each unit consisted of one common share plus one-half of one common share purchase warrant, with each whole purchase warrant exercisable into a common share at a price of 14 cents for a period of 24 months from closing.
Gold Reserve Inc. has received a written notice dated January 3, 2013, that the staff of the NYSE MKT LLC intends to file a delisting application with the United States Securities and Exchange Commission to remove the Company’s common shares from being listed on the Exchange. The Company intends to appeal the Exchange staff’s decision.
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