Day: March 11, 2013

McEwen Mining Inc. (MUX) Q4 2012 Earnings Call March 11, 2013 2:00 PM ET

Sierra Metals Inc. is pleased to announce that it has submitted an application to list its common shares on the Toronto Stock Exchange, Canada¡¯s premier stock exchange. If the application is accepted by the TSX, trading in the Company¡¯s common shares will graduate to the TSX and such common shares will cease to be listed for trading on the TSX Venture Exchange. This action follows Sierra Metals¡¯ recent announcement of a new quarterly cash dividend of $2.5 million or $0.016 per share announced on February 12, 2013.

First Majestic Silver Corporation (NYSE: AG) announced today that its board of directors has approved a share repurchase program pursuant to a normal course issuer bid in the open market through the facilities of the Toronto Stock Exchange or alternative Canadian market places over the next 12 months. Pursuant to the Share Repurchase, the Company proposes to repurchase up to 5,848,847 common shares of the Company which is the maximum number of shares permitted to be purchased under the TSX rules and represents 5% of the 116,976,940 issued and outstanding shares of the Company as of March 1, 2013.

First Majestic Silver Corp. announced today that its board of directors has approved a share repurchase program pursuant to a normal course issuer bid in the open market through the facilities of the Toronto Stock Exchange or alternative Canadian market places over the next 12 months. Pursuant to the Share Repurchase, the Company proposes to repurchase up to 5,848,847 common shares of the Company which is the maximum number of shares permitted to be purchased under the TSX rules and represents 5% of the 116,976,940 issued and outstanding shares of the Company as of March 1, 2013.

McEwen Mining Inc. is pleased to provide a summary for its fourth quarter and full year operating results, including 2013 production and cost guidance, for its mines and projects in Argentina, Mexico and Nevada.

Defiance Silver Corp. announces it intends to seek TSX Venture Exchange approval to extend the expiry date of certain previously issued warrants, being: (i) 937,500 warrants exercisable at $0.21333 per share (issued April 15, 2011) from April 15, 2013 to April 15, 2014; (ii) 397,225 warrants exercisable at $0.30 per share (issued April 17, 2012) from April 17, 2013 to April 17, 2014; and (iii) 175,025 warrants exercisable at $0.65 per share (previously issued April 17, 2012) from April 17, 2013 to April 17, 2014. The warrant term expiry date extensions are subject to Exchange approval.