Source Exploration Corp. is pleased to announce the appointments of Mr. David Baker and Mr. Earl Terris to the Board of Directors of the Company, effective immediately. Mr. Baker will also assume the role of Executive Chairman while Mr. Terris will be a member of the Audit Committee.
Kootenay Silver Inc. is pleased to announce assay results from a further three drill holes as part of its ongoing, multi-phase drill and resource expansion program on its flagship Promontorio Silver Project in Sonora, Mexico. Current drilling is focused on a series of high-grade silver intercepts recently identified within breccia silver mineralization situated between the Pit and NE Zones. The Company reports drilling continues to encounter high-grade mineralization. At present, results are pending on 14 additional drill holes that have been completed and will be reported on as results are received and compiled.
Cortez Gold Corp announces that In conjunction with the proposed share consolidation and the private placement announced on August 30, 2013, the Company is amending its post-consolidation private placement by increasing the size of the offering to 4 million units. The pricing remains unchanged at $0.20 per unit with each Unit consisting of one post-consolidated common share of the Company and one-half of one share purchase warrant with each whole Warrant entitling the holder to acquire an additional common share of the Company at $0.40 per share for a period of 24 months after issuance. The Warrants will be subject to an accelerated expiry should the common shares of the Company close at a minimum of $0.60 for a period of twenty consecutive trading days on the TSX Venture Exchange.
Freyja Resources Inc. is pleased to announce the appointment of Jean Halde as a director and Michel Lebeuf as Corporate Secretary of the Company.
Oremex Silver will continue with its plans to hold its duly-convened Annual General Meeting of shareholders on December 31, 2013. The related proxy materials and management information circular will be provided to shareholders on or prior to the week of December 6, 2013, in accordance with prescribed timelines.
Sierra Metals Inc. is pleased to report the filing of its unaudited Financial Statements and Management Discussion and Analysis for the third quarter of 2013. All amounts are presented in Canadian dollars unless otherwise stated. For the full Financial Statements or MD&A please visit the Company?fs website www.sierrametals.com or SEDAR at www.sedar.com.
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. Almaden has commenced an infill drilling program with four rigs currently drilling on the project. The infill program has been designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. The Company plans to update the current resource in early 2013 to form the basis for a Preliminary Economic Assessment (PEA).
Evrim Resources Corp. announces that Ken Paul has resigned as a director and Chairman of the Board. Paul van Eeden, a director of the Company, has been appointed Chairman of the Board.
Cliffs Natural Resources Inc. today announced that on Nov. 11, 2013 its Board of Directors declared a quarterly cash dividend on the Company’s common shares of $0.15 per share. The cash dividend will be payable on Dec. 2, 2013, to shareholders of record as of the close of business on Nov. 22, 2013.
Vista Gold Corp. announced the closing of the previously announced agreement with its lender, Sprott Resource Lending Partnership, to extend the maturity date of its Cdn$10 million loan from March 2014 to March 2015. The interest rate remains unchanged at 8% per annum, payable monthly. Pursuant to the terms of the original loan agreement, as an extension fee Vista issued Sprott 486,382 common shares, which shares represent 3.5% of the loan value.
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