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 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”).
Ternium S.A. today announced its results for the fourth quarter and full year period ended December 31, 2013.
We saw an almost unprecedented, certainly unexpected, and an impressively rapid decline in gold price last year. With the decline of almost 30% from the beginning to the end of the year, we reacted, with a cost containment strategy in the second quarter that was intended to reclaim some of that lost margin.
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.
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.
NanoStruck Technologies Inc. announces a non-binding Letter of Intent signed with Tierra Nuevo Mining Ltd, a private exploration company with mining assets in Mexico BG Partners Corp., brought this business relationship to NanoStruck.
Shares must be tendered by February 28, 2014.
Brokers asking for notice several days before deadline.
Value of offer is now higher due to increase in GoGold share price.
Tras siete años de huelga en las minas de Taxco, Guerrero; Sombrerete, Zacatecas y Cananea Sonora, ésta última ficticia, el Sindicato Nacional de Trabajadores Mineros Metalúrgicos de la República Mexicana, que encabeza Napoleón Gómez Urrutia, iniciará un acercamiento con la empresa Grupo México para poner fin en unos días dichos paros.
YAMANA GOLD INC. today announced its financial and operating results for the fourth quarter and year end 2013.
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