Month: February 2014

SilverCrest Receives US$10 Million Commitment from Sandstorm Gold

SilverCrest Mines Inc. is pleased to announce it has received notice of exercise of the Underground Mine Option from Sandstorm Gold Ltd. for the Santa Elena Mine, Sonora, Mexico. This Option allows Sandstorm to purchase 20% of the gold produced from underground operations at the Santa Elena. In consideration of exercise of the option, Sandstorm will make an additional upfront deposit of US$10 million to the Company on or before March 17, 2014 and will continue to make ongoing per ounce payments of US$350 until 50,000 ounces of gold have been delivered to Sandstorm, inclusive of 18,593 ounces already received from open-pit production, at which time the payments will increase to US$450 per ounce of gold.

Big North Closes $303,500 Private Placement

BIG NORTH GRAPHITE CORP. announces that it has closed the first tranche of a private placement announced January 10, 2014. A total of 5,058,332 units at a price of 6 cents per Unit have been issued for gross proceeds of $303,500.

Cangold Announces Non-Brokered Financing

Cangold Limited announces a non-brokered private placement of up to 5,000,000 units with each unit comprising one common share and one half warrant at a price of $0.15 per unit, for gross proceeds of up to $750,000. Each full warrant will be exercisable for one common share of the Company at a price of $0.25 for a period of one year from the date of issue provided, however, that should the closing price of the common shares on the TSX Venture Exchange be at least $0.33 per share for 10 consecutive trading days (at any time at or following the expiry of the four month resale restriction period), the Company may, by notice to the holder (supplemented by a news release of general dissemination) reduce the remaining exercise period applicable to the warrants to not less than 30 days from the date of such notice.

SilverCrest Graduates to Toronto Stock Exchange Trading Commences February 24, 2014

SilverCrest Mines Inc. is pleased to announce that the Company will begin trading on the Toronto Stock Exchange on February 24, 2014 following its graduation from the TSX Venture Exchange. The common shares of the Company will be concurrently delisted from TSXV upon commencement of trading on TSX. The trading symbol for the common shares of SilverCrest will remain “SVL”. The common shares of the Company are also listed on NYSE MKT under the symbol “SVLC.

La minería recupera brillo en las Bolsas internacionales

No es oro todo lo que reluce. También lo hacen las compañías mineras que se dedican a extraer éste y otros metales preciosos. Al menos en Bolsa. El reciente repunte de precios de las materias primasha devuelto a sus gráficas parte del brillo perdido en los últimos meses, y los analistas consideran que laremontada no ha hecho más que comenzar.

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