Month: February 2013

‘Mineras amenazan la paz con indígenas’: Comisionado

Poderosas mineras podrían boicotear la paz con pueblos indígenas de México, iniciando con el resurgimiento del zapatismo en Chiapas, advirtió Jaime Martínez Veloz, Comisionado del Gobierno Federal para la pacificación.

Oro Mining Ltd. : Marlin Gold Announces Filing of Final Prospectus for Rights Offering to Shareholders

Marlin Gold Mining Ltd. is pleased to announce that it has filed a final long form prospectus with the securities regulatory authorities in each of the provinces of British Columbia, Alberta, Manitoba and Ontario relating to a rights offering. Registered shareholders in the Qualifying Jurisdictions will receive one right for each common share held as at the record date, which has been set as February 21, 2013. Each 1.026 rights entitle the holder thereof to subscribe for one common share at a price of $0.08 per share prior to 4:00 p.m. (Eastern Time) on March 25, 2013. Rights not exercised by that time will be void and have no value.

War Eagle Acquires Andromeda Resources Inc.

War Eagle Mining Company Inc. announced today that it and a wholly owned subsidiary had entered into a definitive agreement dated January 23, 2013 with Andromeda Resources Inc. The Amalgamation Agreement was entered into pursuant to a merger agreement between War Eagle and Andromeda announced on January 21, 2013. The wholly-owned War Eagle subsidiary resulting from such amalgamation will carry on the base metals development business of Andromeda in Mexico. The Amalgamation Agreement was approved by the Andromeda shareholders at a meeting on February 4, 2013, by the TSX Venture Exchange on February 7, 2013 and the amalgamation was effective on February 8, 2013.

Hecla Appoints Vice President – Investor Relations

Hecla Mining Company is pleased to announce the appointment of Mr. Mike Westerlund to the position of Vice President – Investor Relations, effective immediately. In this role, Mr. Westerlund will lead the investor relations and external communications functions for the company and will be the primary liaison between Hecla and its investors, analysts and the financial community globally. He will be based in Hecla’s office in Vancouver, British Columbia.

Alamos Gold to Commence Trading on the New York Stock Exchange Under “AGI” Ticker Symbol

Alamos Gold Inc. is pleased to announce that its common shares have been authorized for listing on the New York Stock Exchange under the ticker symbol “AGI”. The common shares will begin trading on February 13, 2013, when senior management from Alamos will visit the NYSE to ring the opening bell. The Company’s common shares will continue to trade on the Toronto Stock Exchange in Canada under the ticker symbol “AGI”.

First Point Minerals Grants Stock Options

First Point Minerals Corp.’s Board of Directors has approved the granting of stock options to officers, employees and consultants for a total of 885,000 shares. The grants are being made pursuant to the Company’s incentive stock option plan which provides for the granting of options to officers, employees and consultants to the Company. The options are effective February 8, 2013, have an exercise price of $0.50 per share and expire February 8, 2018.

New Discoveries at Aurcana’s La Negra Mine Indicates the Presence of Gold

Aurcana Corporation is pleased to announce the results of the 2012 surface mapping program at the La Negra Mine. The objective of the program was to map and sample the upward projection of the known mineralized zones within the mine, and to identify new, untested exploration targets associated with the favorable northwest and northeast mine trends. Most of this area has not been extensively explored, sampled or drilled. Approximately 420 hectares were mapped at 1:2000 scale and 1,117 samples were collected from skarn and intrusive outcrops.

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