Month: April 2013

OTC Markets Group Inc., operator of Open, Transparent and Connected financial marketplaces, today announced that Pan American Goldfields Ltd., a precious metals mining and exploration company, has chosen to trade on OTCQX®, the best OTC marketplace with qualified companies.

Red Tiger Mining Inc. announces that it has closed the first tranche of its previously announced non-brokered private placement of 5,000,000 common shares at a price of CAD$0.10 per Share for gross proceeds of CAD$500,000. The proceeds will be used by the Company for required capital expenditures and working capital at the Luz del Cobre mine, which is owned by the Company’s wholly-owned subsidiary, Minerales Libertad, S.A. de C.V.

Cangold Limited announces that Mr. Martin Carsky has resigned from his position as a director of the Company to focus on other commitments. “I want to thank Martin for his contributions to the Company and wish him well in his future endeavors” said Mr. Kaare Foy, Executive Chairman of Cangold.

Fortuna Silver Mines Inc. today announces production figures from its two operating mines in Latin America, the San Jose mine in Mexico and the Caylloma mine in Peru. In the first quarter of 2013, the company delivered 992,218 ounces of silver, 4,492 ounces of gold, 4.6 million pounds of lead and 5.9 million pounds of zinc. Fortuna is on schedule to produce 4.4 million ounces of silver and 23,300 ounces of gold or 5.7 million Ag Eq ounces in 2013.

Gold Resource Corporation reported its preliminary production results for the first quarter ended March 31, 2013 of approximately 22,300 ounces precious metal gold equivalent (“AuEq”, calculated at actual sales price ratio of 54:1). Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $78 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

First Mexican Gold Corp. announces the approval and adoption by its Board of Directors of an advance notice policy. The purpose of the Policy is to provide shareholders, directors and management of the Company with a clear framework for nominating directors of the Company. The Company is committed to: (i) facilitating an orderly and efficient annual general or, where the need arises, special meeting, process; (ii) ensuring that all shareholders receive adequate notice of the director nominations and sufficient information regarding all director nominees; and (iii) allowing shareholders to register an informed vote after having been afforded reasonable time for appropriate deliberation. The Policy is intended to further these objectives.

Great Panther Silver Limited today reports first quarter production at its two wholly-owned Mexican silver mining operations, Guanajuato and Topia.

Paramount Gold and Silver Corp. announced today that the Preliminary Economic Assessment for its 100%-owned San Miguel gold and silver project located in Chihuahua State, Mexico has been filed on SEDAR.