Day: February 19, 2013

First Majestic Silver Corp said it would not match a rival offer made by Coeur d’Alene Mines Corp for Orko Silver Corp.

First Majestic Silver Corp. announces that it has today notified the Board of Directors of Orko Silver Corp. that it is not matching the offer made by Coeur d’Alene Mines Corporation and will not be increasing the consideration under First Majestic’s offer to acquire all of the issued and outstanding Orko shares.

NWM Mining Corporation is pleased to announce that due to a significant increase in the level of interest from the U.S. investment community, the Company has retained the services of USA Investor Link LLC, subject to the acceptance of the TSX Venture Exchange.

Starcore International Mines Ltd. announces production results for the second quarter of the fiscal year started August 1, 2012 at its San Martin Mine in Queretaro, Mexico.

Freeport-McMoRan Copper & Gold Inc. announced today the completion of agreements with two bank syndicates providing committed financing for a $4 billion bank Term Loan and a new $3 billion Revolving Credit Facility in connection with FCX’s proposed acquisitions of Plains Exploration & Production Company and McMoRan Exploration Co.

Santacruz Silver Mining Ltd. is pleased to announce the closing of its prospectus offering announced on January 23, 2013 through a syndicate of underwriters led by Canaccord Genuity Corp. and including Raymond James Ltd. and Cormark Securities Inc. The Company issued 19,000,000 common shares at a price of $1.85 per Common Share for gross proceeds of $35,150,000. The Underwriters also exercised their over-allotment option to acquire an additional 2,850,000 Common Shares for additional gross proceeds of $5,272,500. Including the proceeds from the exercise of the over-allotment option, the total gross proceeds of the Offering were $40,422,500. The underwriters received a cash fee equal to 6% of the gross proceeds of the Offering, as well as 1,311,000 warrants, each of which is exercisable to purchase one Common Share for a price of $1.85 for a period of 24 months. Canaccord was issued an additional 60,000 Common Shares as a corporate finance fee.