Month: March 2014

Goldcorp Inc. announced today that it has extended its offer to acquire all of the outstanding common shares of Osisko Mining Corporation until 5:00 p.m. EDT on March 21, 2014. Osisko shareholders who tender to the offer will be entitled to receive 0.146 of a Goldcorp common share plus C$2.26 in cash for each Osisko common share. All other conditions remain unchanged. A Notice of Extension will be sent to Osisko shareholders by Goldcorp in due course.

Alamos Gold Inc. is pleased to announce the appointment of Mr. David Fleck to its Board of Directors, effective immediately. Mr. Fleck is the former President and CEO of Macquarie Capital Markets Canada, and the former Co-Head Equity Products and Executive Managing Director of BMO Financial Group. Mr. Fleck will become a Partner of Delaney Capital Management effective April 1, 2014.

Avino Silver and Gold Mines Ltd. is pleased to announce the February 2014 production results from its San Gonzalo mine and Avino Mine surface stockpile operations located on the Avino property near Durango, Mexico.

First Majestic Silver Corp. announced today that its board of directors has approved the extension of its share repurchase program pursuant to a normal course issuer bid in the open market through the facilities of the Toronto Stock Exchange or alternative Canadian market places over the next 12 months. Pursuant to the Share Repurchase, the Company proposes to repurchase up to 5,865,931 common shares of the Company which represents 5% of the 117,318,624 issued and outstanding shares of the Company as of March 4, 2014.

Oceanus Resources Corporation announces that it has closed a previously announced non-brokered private placement financing of $1,315,000. The private placement comprises the sale of 6,003,622 common shares of the Company at a price of $0.22 per share. The common shares from this Private Placement will be subject to a 4 month hold period ending July 8, 2014. The proceeds from the Private Placement will be used for exploration of the La Lajita Gold Property located in Durango, Mexico.

Further to the Company’s news release of February 11, 2014, the Company announces that it has closed its securities exchange with Global Resources Investment Trust plc.

Freyja Resources is well on its way to advancing its Las Cristinas project in Mexico to production stage, raising almost $2 million in new funds and announcing exploration results that have exceeded expectations, with Freyja insiders so convinced of the potential that they have chosen to increase their stake in the company to 17%.