Aurcana Reports Third Quarter Financial Results
November 29, 2013
Aurcana Corporation wishes to report its unaudited financial results for the third quarter ended September 30, 2013.
Menu
Menu
Aurcana Corporation wishes to report its unaudited financial results for the third quarter ended September 30, 2013.
Bandera Gold Ltd announced today that it has increased its non-brokered private placement of 5,000,000 units to 5,100,000 units of Bandera at a price of $0.05 per unit and closed the financing for proceeds of $255,000. Each unit consists of one common share and a half warrant. Each whole warrant entitles the holder to purchase an additional common share at a price of $0.05 per share on or before November 29, 2015.
Oremex Silver Inc. announces Q3 and nine month financial results for fiscal 2013. For the third quarter the Company recorded a loss of $301,294 or $0.00 per share compared to a loss of $463,106 or $0.00 per share in Q3 2012. For the nine month period the Company recorded a loss of $809,558 or $0.01 per share compared to a loss of $1.76 million or $0.01 per share for the nine month period in 2012.
Energold Drilling Corp. reported the following financial results for the third quarter of 2013. Company-wide revenue during the third quarter of 2013 was $16.6 million, compared to $29.9 million in the third quarter of 2012. The decline in revenue was mostly related to the year-over-year decrease in mineral exploration activity. Gross margin fell to negative 5% in the third quarter of 2013 from 21% in the comparable period of 2012. The Company had a net loss in the third quarter of ($0.15) per share, compared to a net loss of ($0.05) per share in the same period of 2012.
Oremex Silver reminds shareholders that the Company’s Annual General Meeting will take place at 10:00 am on Tuesday December 31, 2013 at Wildeboer Dellelce Place, 357 Bay St., Suite 800, Toronto, Ontario.
Candente Gold Corp. is pleased to announce that Mr. Michael Casselman has joined the Board of Directors and Mr. Cameron Dong has been appointed the Company’s CFO.
Mexican drug cartels looking to diversify their businesses long ago moved into oil theft, pirated goods, extortion and kidnapping, consuming an ever larger swath of the country’s economy. This month, federal officials confirmed the cartels have even entered the country’s lucrative mining industry, exporting iron ore to Chinese mills.
Virgin Metals Inc. is pleased to announce the addition of Mr. Mark Selby as Director of the Company effective immediately.
Almaden Minerals Ltd. is pleased to announce the results from Almaden’s ongoing 2013 Ixtaca Zone drill program at the Company’s 100% owned Tuligtic project, Mexico. The infill program has been designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. The holes announced today show the continuity and high grades of the Main and Northern zones defined with previous drilling. Highlights from the holes released today include the following intercepts (a more complete list of intercepts is shown in the table below):
On October 31, 2013, the Mexican Congress approved the Tax Reform, only pending the countersign by the President of Mexico and its publication in the Federal Official Gazette for its full entry into force.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
