Month: December 2013

Aurcana Amends Warrants Expiring December 7, 2013

Aurcana Corporation announces that the Company has received Warrant holder approval to amend the terms of certain outstanding common share purchase warrants which were issued as part of a private placement of equity units that closed in December of 2010. The Company previously announced its intention to amend the Warrants in a news release dated November 1, 2013.

Concerned Shareholders of Oremex Silver File Proxy Circular For Upcoming Annual General Meeting

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.

Seeking Alpha – Layne Christensen Management Discusses Q3 2014 Results – Earnings Call Transcript

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 Shareholders Approve Acquisition by Well-Financed South American Silver Corp.

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.

Avino November Production Report

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.

Marlin Gold Announces Its Intention To Make A Cash Offer To Acquire Animas Resources Ltd. – Urges Animas’ Board To Carefully Consider Its Obligations To The Company’s Shareholders In Light Of Proposed Offer

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.

Canasil Closes $270,000 First Tranche of Non-brokered Private Placement

Canasil Resources Inc. announces closing of the first tranche of the non-brokered private placement announced on December 3, 2013, for gross proceeds of $270,000 consisting of 3,000,000 units at an exercise price of $0.09 per unit as detailed below. No commission or finder’s fee is payable with respect to this tranche of the placement, which is subject to final approval by the TSX Venture Exchange.

Ryan Gold Corp. Announces Receipt of US$1.35 Million Under Amended Option Agreement

Ryan Gold Corp. announces that it has amended the option agreement with respect to the sale of the Company’s Los Jarros and Jarros Norte Properties in Mexico. Under the current closing terms Minera Frisco SAB de CV has purchased the Properties by making a final US$1.35 million payment to Minera Valdez SA de CV, the Company’s 100% owned subsidiary.

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