Day: February 11, 2014

Bowmore Explorations Ltd. is pleased to announce that it has negotiated, subject to regulatory approval, a financing through the London based investment group Global Resources Investment Ltd. pursuant to which Bowmore will acquire 518,246 ordinary shares of Global Resources Investment Trust Plc., an investment trust affiliated with GRIL, valued at 1 British Pound per GRIT Share in exchange for 6,000,000 common shares of Bowmore valued at $0.16 per Bowmore share. Bowmore will then endeavor to sell the GRIT Shares to realize cash proceeds.

Timmins Gold Corp. is pleased to confirm the closing of its previously announced bought-deal offering of 18,920,000 common shares of the Company, inclusive of 2,250,000 Shares issued pursuant to the partial exercise of the underwriters’ over-allotment option, at a price of C$1.50 per Share for aggregate gross proceeds of C$28,380,000. The Shares were issued in a public offering in certain provinces of Canada pursuant to a short form prospectus dated February 4, 2014 filed with certain Canadian securities regulators, and were underwritten by a syndicate of underwriters led by RBC Dominion Securities Inc. and including BMO Nesbitt Burns Inc., TD Securities Inc., GMP Securities L.P., National Bank Financial Inc., Scotia Capital Inc. and PI Financial Corp.