AuRico Gold Inc. announced the results of the vote for the election of Directors held at the Annual and Special Meeting of Shareholders on May 9, 2014. Detailed results are presented below.
Lincoln Mining Corporation, announces that it has received a C$1,029,000 loan to fund its working capital requirements from Golden Dreams Limited Partnership, the general partner of which is controlled by Mr. Ronald K. Netolitzky, a control person of the Company.
Virgin Metals Inc. announces that further to its press release of May 2, 2014, the Company is awaiting final approval from the TSX Venture Exchange for the consolidation of the fully paid and issued common shares of the Company on the basis of one post-consolidation common share for each ten pre-consolidation common shares issued and outstanding. The Company is also awaiting final approval from the TSXV of its name from Virgin Metals Inc. to Minera Alamos Inc. The Company anticipates receiving final approval of the Consolidation and Name Change soon.
Chesapeake Gold Corp. wishes to announce that it has acquired the 1.5% net smelter return royalty on its 100% owned Metates gold-silver project located in Durango State, Mexico. The royalty was purchased from the royalty holder, SANLUIS Corporation, a private Mexican company, pursuant to exercise of a right of first refusal held by Chesapeake’s Mexican subsidiary, American Gold Metates. The purchase price for the royalty was US$9.0 million.
DynaResource, Inc. is pleased to announce that Mineras de DynaResource S.A. de C.V., the 100% owned subsidiary of DynaUSA and the Exclusive Operator of the San Jose de Gracia Property in northern Sinaloa, México, is reporting the delivery for sale of approximately 236 Oz. gold and 90 Oz. silver.
Orex Minerals Inc. announces that it has granted 200,000 incentive stock options to consultants and a director to purchase 200,000 shares in the capital of Orex at an exercise price of $0.25 per share and with a five year term. The options will vest immediately.
Aurcana Corporation is pleased to announce that further to its press release dated April 30, 2014, it has received regulatory acceptance to the issuance of the balance of 10,081,252 common shares pursuant to the terms and conditions of the amended and restated credit facility agreement dated April 29, 2014 with Orion Mine Finance Fund I LP, an affiliate of Orion Mine Finance Group.
Camino Minerals Corp. has received and accepted the resignation of Blaine A. Monaghan as V.P. Corporate Development and Corporate Secretary, a role he has held since February 2010. Mr. Monaghan is leaving to join Mark O’Dea’s Oxygen Capital Corp. Oxygen is a private company that provides a full range of financial, corporate and geological management services to private and publicly traded exploration and development companies operating nationally and internationally, including Laurentian Goldfields Ltd., Pilot Gold Inc., True Gold Mining Inc. and True North Nickel Inc.
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