Month: June 2014

Oceanus Resumes Drilling at La Lajita High-Grade Gold Prospect in Mexico

Oceanus Resources Corporation last week commenced the Phase II diamond drilling program at the high-grade Santo Nino gold prospect on the La Lajita gold property in Durango, Mexico. Oretest SpA Drilling Services is conducting a 3,000 meter diamond drill program for Oceanus to test the downdip extension of the high grade clavos at depths between 100 and 300 meters.

Aurcana Amends Private Placement Terms

Aurcana Corporation announces that it has amended the terms of its marketed underwritten private placement as previously announced on April 28, 2014.

GoGold Pours First Silver-Gold Bar at Parral

GoGold Resources Ltd. is pleased to announce that the company has poured its first silver-gold bar at its Parral Mine in Chihuahua, Mexico. Construction is within budget and on time. This significant event puts GoGold on a path to becoming a profitable silver-gold producer as the project moves towards full commercial production later this year. Parral will produce strong cash flow that will support continued growth for the company.

Oceanus Retains IR Consultant and Issues Shares for Debt

Oceanus Resources Corporation has retained Boom Capital Markets Inc. as a consultant to provide investor relations services on behalf of Oceanus. Boom Capital is an investor relations specialist in the natural resource sector, with a focus on introducing Canadian resource companies of merit to broader institutional and retail investor audiences. Boom Capital has no interest, direct or indirect, in Oceanus or its securities. Oceanus will pay Boom a total fee of $3,000 per month, for the consulting services provided. The agreement is cancellable upon 30 days’ notice in writing at any time. Pursuant to the consulting agreement, Oceanus has also agreed to grant 50,000 incentive stock options to Boom Capital, exercisable at a price of $0.43 for a period of five years. The options will vest 3 months from the date of grant. The consulting agreement with Boom Capital and the grant of the options are subject to TSX Venture Exchange approval.

Alta Vista Sets Stock Options

Alta Vista Ventures Ltd. wishes to announce that it has granted 800,000 stock options to management, officers, directors and consultants of the Company at a value of $0.105 that will expire on June 3, 2017.

Osisko Mining Corporation announces approval of arrangement and election of directors

Osisko Mining Corporation is pleased to announce that the plan of arrangement, pursuant to which Agnico Eagle Mines Limited and Yamana Gold Inc. will acquire all the issued and outstanding common shares of the Corporation, was approved by the shareholders with approximately 99.80% of the votes cast at the annual and special meeting held on May 30, 2014 voting in favour of the Arrangement.

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