Day: August 2, 2013

Osisko Mining Corp’s CEO Discusses Q2 2013 Results – Earnings Call Transcript

Vista Gold Corp. today announced its unaudited financial results and highlights for the second quarter ended June 30, 2013. Management’s quarterly conference call to discuss these results is scheduled for 2:30pm MDT on August 6, 2013. The Company’s full financial results, Management’s Discussion and Analysis together with other important disclosures can be found in the Company’s Quarterly Report on Form 10-Q, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities.

VVC Exploation Corporation announces that its Annual General and Special Meeting of Shareholders took place on July 30, 2013 and that the shareholders approved the re-election of the existing Board of Directors. In addition, shareholders approved all other matters which were submitted with the proxy materials for approval at the AGM, including the acquisition of Camex Mining Development Group Inc., the issuance of shares, the adoption of a new By-Law, the requisite annual approval of the Stock Option Plan for 2013 and the re-appointment of MSCM LLP as auditors of the Company. See below the table summarizing all the votes casted by 48,338,778 shares representing 53.58% of all shares issued and outstanding eligible to vote.

Osisko Mining Corporation today reported adjusted net earnings(1) of $25.1 million ($0.06 per share) for the second quarter of 2013 compared to 35.6 million ($0.09 per share) for the second quarter of 2012. The net loss for the quarter amounted to $492.8 million ($1.13 per share) mainly as a result of an after-tax impairment charge on the Hammond Reef gold project of $487.8 million, compared to net earnings of $19.0 million in the second quarter of 2012 ($0.05 per share).

Virgin Metals Inc. announced today that Chris Berlet has resigned as a director of the Company. The Company thanks Mr. Berlet for his commitment and significant past contributions.

First Solar, Inc. announced the appointment of Sharon Allen to its board of directors.