Month: January 2014

Osisko Mining Corporation announced today that it has filed with Canadian securities regulatory authorities and commenced the mailing of its directors’ circular in response to the hostile take-over bid launched by Goldcorp Inc. on January 14, 2014.

An increase of 39% and 116%, respectively, over 2012; Expect 9.5 to 10 million ounces of silver and 180,000 ounces of gold production in 20141

Gold Resource Corporation declares its instituted monthly dividend of $0.06 per common share for January 2013 payable on February 25, 2013 to shareholders of record as of February 11, 2013. Gold Resource Corporation is a low-cost gold producer with operations in southern Mexico.

DynaResource, Inc. announce the appointment of Mr. David S. Hall, CPA to the position of Executive Vice-President and Chief Financial Officer of DynaUSA. Mr. Hall was formerly the owner and CEO of the Hall Group CPA’s, a certified public accounting and auditing firm in Dallas, Texas, which served as the public auditing firm for DynaUSA since 2004. In order to accept the appointment with DynaUSA, Mr. Hall has resigned from and has disassociated himself from the Hall Group firm. In addition, Mr. Hall has contributed the sum of $250,000 USD to DynaUSA as a subscriber to the Company’s Series B preferred share offering to shareholders and associates. Mr. Hall’s appointment as Vice President-CFO is expected to commence April 1, 2014.

President of Orex, Gary Cope announces that he has beneficial ownership of, and control and discretion over, directly or indirectly through 683192 B.C. Ltd., 9,975,000 common shares, or approximately 13.92% of the issued and outstanding common shares of Orex. If Mr. Cope exercises all of the 2,098,400 warrants owned, and the 1,090,000 options owned, he will have beneficial ownership of, and control and discretion over, directly or indirectly, 13,163,400 common shares (or 17.58%) in the capital of Orex.

The chief executive of Osisko Mining Corp said Tuesday he has not spoken to anyone at Goldcorp Inc since shortly before Goldcorp announced last week it would make an unsolicited takeover bid for the mid-tier Canadian gold producer.

El Tigre Silver Corp. is raising $1.5 million through a non-brokered private placement financing, the company announced late Monday.

Marlin Gold Mining Ltd. announced today that its takeover bid dated December 23, 2013 to acquire all of the issued and outstanding common shares of Animas Resources Ltd. expired today.

Defiance Silver Corp. is pleased to announce a non-brokered private placement of up to 24,000,000 units of the Company at a price of $0.05 per Unit for gross proceeds of up to $1,200,000. The Offering may be closed in tranches; and is subject to due diligence by potential investors, to be completed within 60 days.

Fresnillo plc reported annual attributable gold production of 425,831 ounces, down 10.0 percent from last year. Annual attributable silver production, including Silverstream, was 42.7 Moz, up 4.3% year on year.