Day: September 19, 2013

Big North Graphite Corp. announces that it has cancelled its previously announced expedited private placement of 2,666,667 units for gross proceeds of $200,000. The proceeds received by the Company in connection with the Offering have been returned to the subscriber.

Mr. Gonzales is originally from Peru and has more than 30 years of experience in the mining industry. He is currently a member of the Board of Directors of HudBay Minerals Inc. From 1998 to 2013, Mr. Gonzales was with Barrick Gold Corporation, most recently as Executive Vice President and Chief Operating Officer. Between 1980 and 1996, Mr. Gonzales served in various roles with Southern Peru Copper Corporation.

Mammoth Resources Corp. would like to announce a third tranche closing of $283,500 in additional subscriptions for total proceeds of $554,120 on its previously announced private placement financing to include up to 10,000,000 units of the company’s shares at a price of $0.05 per Unit. Each Unit will be comprised of one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of $0.08 per common share for the first 12 months and $0.10 per common share for the following 12 months as permitted by TSX-V regulations.

DynaResource, Inc. is pleased to announce the appointment of Mr. Chad Mooney to the position of Executive Vice President-Capital Markets, effective immediately. Mr. Mooney has over 35 year’s highly productive history on Wall Street, and brings with him an extraordinary record of achievement in financial management and public and private capital markets. Mr. Mooney previously built a top 10 business at Smith Barney, where he was the largest equity syndicate producer, as well as having the largest listed equity trading business. Mr. Mooney chaired the Director’s Advisory Group at Smith Barney, representing all financial advisors at Smith Barney, and he reported directly to his mentor, Mr. Jamie Dimon, the current Chairman and CEO of financial giant, JP Morgan Chase & Co. From 1990 to 2004, Mr. Mooney served as Director of Investments for Smith Barney, and personally oversaw and advised $ 3.5 B. in client assets. In 2000, after playing a key role in building the largest water company in the world (U.S. Filter, a NYSE Listed Company) Mr. Mooney coordinated the sale of U.S. Filter to Vivendi, for $ 8.1 B Cash. Joining DynaUSA, Mr. Mooney is expected to work directly with Company Chairman-CEO Mr. K.D. Diepholz, and will manage the Company’s interface with public and private capital, capital markets, Investment Banks and Investors.

Aurcana Corporation is pleased to announce that it has executed definitive agreements with MF2 Investment Holding Company Limited, part of Orion Mine Finance Fund I, for a loan facility in the principal amount of US$50,000,000 and an Offtake Agreement for silver and gold produced at the Company’s Shafter mine. A total of approximately US$13 million from the Loan proceeds will be used by the Company to complete the construction and upgrade work for Shafter mine and the balance of the Loan will be used to repay certain indebtedness and for otherwise advancing the La Negra and Shafter mines.