Month: June 2013

Oroco Resource Corp. announces that it has received a demand from Wexford Catalyst Trading Limited for payment of the outstanding principal, in the amount of $750,000, and the associated interest and fees with regard to the debenture issued on May 2, 2012 by the Company to Goldman Sachs International FBO Wexford Catalyst Trading Limited. The Company has also received a demand from Wexford Spectrum Trading Limited for payment of the outstanding principal, in the amount of $3,000,000, and the associated interest and fees with regard a debenture issued on May 2, 2012 by the Company with regard to the debenture issued on May 2, 2012 by the Company to Goldman Sachs International FBO Wexford Spectrum Trading Limited. The aggregate accrued interest to date outstanding on the Debentures is approximately $257,000.

Newstrike Capital Inc. is pleased to announce that it has published its interim consolidated financial statements for the nine months ended April 30, 2013, and the related Management Discussion and Analysis document.

Aurion Resources Ltd. reports that effective June 13, 2013, the Board of Directors of the Company adopted an advance notice policy for the purpose of providing shareholders, directors and management of the Company with a clear framework for nominating directors of the Company in connection with any annual or special meeting of shareholders.

The World Gold Council today publishes a Guidance Note on “all-in sustaining costs” and “all-in costs” metrics, which gold mining companies can use to report their costs as part of their overall reporting disclosure. The World Gold Council has worked closely with its member companies to develop these non-GAAP measures which are intended to provide further transparency into the costs associated with producing gold.

NWM Mining Corporation announces that, further to its news release dated June 14, 2013, it has paid $75,000 USD and issued 28,533,000 common shares to the Company’s lender, Global Resource Fund, as the initial extension fee for extending the maturity date on the Company’s current debt facility of $18,500,000 USD. Following the issuance of the Bonus Shares, the Lender holds 60,033,008 common shares in the capital of NWM.

Premier Gold Mines Limited is pleased to announce the results of its 2013 annual and special meeting of shareholders held in Toronto, Ontario on June 27, 2013.

Pan American Goldfields Ltd. announces that it has reached a settlement agreement with Vortex Capital to end an ongoing proxy contest dispute.