Day: February 19, 2014

Source Exploration Corp. Closes Non-Brokered Private Placement

Source Exploration Corp. is pleased to announce that it has closed its non-brokered private placement previously announced on January 22, 2014, pursuant to which David Baker, the Executive Chairman of the Company, has subscribed for 1,100,000 units at a price of $0.075 per Unit for gross proceeds of $82,500.

SilverCrest Mines Announces $20 Million Bought Deal

SilverCrest Mines Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by Dundee Securities Ltd., and including National Bank Financial Inc., Raymond James Ltd. and PI Financial Corp., to purchase 7,700,000 common shares of the Company at a price of $2.60 per Common Share for gross proceeds of $20,020,000 on a bought deal basis (the “Offering”).

Brigus Gold Corp (USA) (NYSEMKT:BRD) To Tie Up With Primero

The $272 million market capped gold mining firm Brigus Gold Corp issued a joint communiqué on 18th February with Primero Mining Corp to the effect that two third party investment and share holder advisory service firms have endorsed their jointly tabled plan to work together going forward. The mining firms were able to secure the buy in of two of the most reputed proxy advisory firms Institutional Glass Lewis & Co and Institutional Shareholder Services Inc. who have studied the proposed joint operations plans and have in turn recommended to the share holders of the two mining firms to vote in favour of the plan when it comes up to vote in front of them during the scheduled share holders meeting on 27th February.

Great Panther Silver Ltd (USA) (NYSEMKT:GPL) 4Q Results Drive Upward Valuation

The stock of the British Columbia based silver and gold mining firm Great Panther Silver Ltd has been going through a purple patch at the markets ever since its management announced strong operational results and provided production updates on 14th February for their fourth quarter and full year operations which ended on December 2013. The results covered operations of the firms wholly owned mining properties in Mexico.

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