Month: December 2013

Oceanus Resources Corporation announces that the Company, in accordance with the terms of TSX Venture Exchange Policy 4.3 – Shares for Debt, will issue common shares of the Company to settle outstanding debt for legal fees in the amount of $79,227.95 and issue common shares of the Company to settle outstanding debt for geological services in the amount of $18,000.00. This issuance of common shares for debt is subject to the approval of the Exchange, disinterested shareholder approval and any other required regulatory approval.

Candente Gold Corp. is pleased to announce, it has completed a first tranche of its previously announced non-brokered private placement closing on $270,000. Candente Gold has issued 5,400,000 common shares at a price of $0.05 cents per common share.

SilverCrest Mines Inc. is pleased to announce that the Preliminary Economic Assessment Report for the Company’s La Joya Silver Copper Gold Project has been filed with the Canadian securities regulators and is available under the Company’s profile on SEDAR at www.sedar.com . The results of the PEA were previously announced in the Company’s news release dated October 21, 2013.

Lone Star Gold, Inc. announces the acquisition of Channeland Entertainment Group, Inc., a media production company with operations providing music, film, video, and television recording services globally. As part of the acquisition, the Company appointed Mark G. Townsend as Chairman of the Board of Directors and Chief Executive Officer and Scott A. Hepford as Director and Chief Operating Officer.

Morro Bay Capital Ltd., a capital pool company is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange for its Qualifying Transaction (as that term is defined in Policy 2.4 – Capital Pool Companies of the Exchange) with Sierra Madre Developments Inc. previously announced on October 22, 2013. The conditional approval of the Transaction by the Exchange is subject to a number of conditions, including the completion of a private placement financing resulting in gross proceeds of not less than $500,000, receipt of a satisfactory title opinion in relation to the Penoles Project (as defined below), confirmation from Richardson GMP, agent for the private placement Morro Bay must complete, that it has completed appropriate due diligence in relation to the Transaction and the Morro Bay Information Circular (as defined below), satisfactory completion of background searches of the proposed directors of Morro Bay, and disinterested shareholder approval. Additional conditions common for transactions of this nature must also be satisfied.

El Tigre Silver Corp. is pleased to announce the appointment of Hard Rock Consulting, LLC of Lakewood Colorado as a strategic advisor for its mining activities and to assume the duties of the Company’s Qualified Person as defined in National Instrument 43-101. The Company currently owns 100% of 9 mining concessions, 8 comprising 21,500 hectares (215 square kilometres) located in the Sierra El Tigre, northeastern Sonora State in Mexico.

Revolution Resources Corp. announces that the Company has applied to list the common shares of the Company on the TSX Venture Exchange utilizing the streamlined listing procedure available to issuers whose shares are listed on the TSX. If the Company’s application is accepted, the transition to the TSX-V is anticipated to occur in January 2014 with no disruption in trading. Approval for the listing of the Company’s shares on the TSX-V remains subject to completion of the application process and the Company meeting all applicable TSX-V listing requirements.

Baja Mining Corp. wishes to provide an update on the Boleo Project construction schedule and the SRK Boleo technical report, based on the latest information provided to it by Minera y Metalúrgica del Boleo, S.A.P.I. de C.V. Baja holds a 10% ownership interest in MMB and has retained one representative on the five-member MMB board of directors and, as a result, has limited influence over decisions relating to the Project. In addition, the Company provides a status update on its separate Cinto Colorado tailings and slag recovery project, as well as the TSX listing review.

Mammoth Resources Corp. would like to announce the final closing of a total of $606,370 on its previously-announced private placement financing, having closed on a further issuance of 905,000 at $0.05 each for additional proceeds of $45,250. Each Unit will be comprised of one common share of the Company and one common share purchase warrant and 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 from the 13(th) to the 24(th) month. In aggregate, the Company has issued 12,187,400 Units and raised gross proceeds of $606,370 in the Private Placement, taking into account the Units issued and $554,120 raised in previous tranches as announced on September 19, 2013.