Concerned shareholders of Oremex Silver Inc., led by Concept Capital Management Ltd. and Sprott Asset Management LP, announced today that they have filed on SEDAR an updated proxy circular for Oremex’s upcoming annual general meeting of shareholders to be held on December 31, 2013 at 10:00 a.m. (Toronto time) at Wildeboer Dellelce Place 365 Bay St., Suite 800, Toronto, Ontario.
As we’ve noted for the last several quarters, there are a number of positive developments at Layne that leave us optimistic about our future performance. Our end markets have changed dramatically from fiscal year 2013, and we expect that they will continue to evolve into next year and beyond. This demanding environment will likely see us face some of the same challenges in Q4 that we have addressed this year.
High Desert Gold Corporation is pleased to announce that its shareholders today approved the previously announced continuance of HDGC under the Business Corporations Act (British Columbia) and the plan of arrangement pursuant to which South American Silver Corp. will acquire all of the issued and outstanding shares of HDGC that it does not already own in an all-share transaction. The resolutions approving the continuance and the arrangement were each approved by over 99% of the votes cast by HDGC shareholders present in person or by proxy at the meeting. The resolution approving the Arrangement was also approved by over 99% of the votes cast by HDGC shareholders present in person or by proxy at the meeting, excluding HDGC shareholders who were “interested parties”, which included shares held by SASC and its directors and officers, as required pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions.
Goldcorp Inc. today announced that negotiations are continuing between Minera Peñasquito S.A. de C.V. and authorized representatives of the Cerro Gordo Ejido with a view to reaching a mutually beneficial settlement of a land claim.
Marlin Gold Mining Ltd. announced today that it intends to make an offer to acquire all of the outstanding common shares of Animas Resources Ltd. Pursuant to the offer, Animas shareholders will be entitled to receive $0.10 in cash for each Animas common share validly tendered to the offer. The offer represents a premium of 150% to Animas’ closing share price as at December 6, 2013 (following the announcement of the GoGold Resources Inc. (“GoGold”) transaction) and a premium of 168% to Animas’ 20-day volume weighted average price as at December 6, 2013.
IMPACT Silver Corp. is pleased to announce drill results from the Aurora II Zone and field sampling results from the nearby Manto Rico Zone in the Capire District of Mexico.
Avino Silver and Gold Mines Ltd. is pleased to announce the following November production results from its San Gonzalo mine operation located on the Avino property near Durango, Mexico.
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