Starcore International Mines Ltd. is pleased to announce that the Board of Directors has declared its first annual dividend in the Company’s history. A dividend of $0.02 per share on the Common Shares of the capital of the Company, payable on September 30, 2014 to shareholders of record on August 29, 2014, has been declared for 2014.
Azure Minerals Limited is pleased to report that it has completed its exploration drilling program at the Company’s 100%-owned Cascada deposit. Encouraging initial assay results have been received.
American Consolidated Minerals Corporation is pleased to announce the signing of a letter of intent with Starcore International Mines Ltd. that would see Starcore acquire all of the outstanding securities of AJC in an all-share transaction to be completed pursuant to a court approved Plan of Arrangement under the Business Corporations Act (British Columbia). Under the terms of the planned acquisition, each AJC shareholder would receive one Starcore common share for every three AJC common shares held.
Avino Silver & Gold Mines Ltd. is pleased to report its financial results for the quarter ended June 30, 2014. All financial information, other than non-IFRS measures, is prepared in accordance with IFRS and all dollar amounts are expressed in Canadian dollars unless otherwise specified. The information in this news release should be read in conjunction with the Company’s condensed consolidated interim financial statements for the six months ended June 30, 2014 and associated management’s discussion and analysis and the audited consolidated financial statements for the year ended December 31, 2013 and associated MD&A which are available on the Company’s website atwww.avino.com and under the Company’s profile on SEDAR at www.sedar.com.
Red Tiger Mining Inc., is pleased to announce the appointment of Mr. David Lurie as a new member of the Board of Directors of the Company. Mr. Lurie has been the Company’s Chief Financial Officer and Corporate Secretary since October 1, 2012.
Altos Hornos de México comprará 650 mil toneladas de briquetas de fierro para su proyecto Fénix, en un contrato con una vigencia mínima de 5 años, por lo que se garantiza en cantidad, calidad y tiempo el abasto para la unidad de fundición.
Mexus Gold US announced today that it has reached a tentative agreement with a driller to operate the companies two track mounted core drills. The initial agreement is to produce 2500ft of core drills. The results of these core samples will give engineers the information needed to lay out a reverse circulation program. The reverse circulation operation will include 30,000ft of drilling to a depth of 300ft.
War Eagle Mining Company Inc.has closed its non-brokered private placement announced on August 7, 2014 consisting of 2,008,840 units at a price of $0.05 per unit for gross proceeds of $100,442. Each unit is comprised of one common share of War Eagle and one common share purchase warrant entitling the holder to purchase one common share of War Eagle at a price of $0.10 until August 19, 2015.
Bacanora Minerals Ltd. is pleased to announce that its joint venture partner, Rare Earth Minerals, PLC has instructed the delivery of $US1,000,000 to Bacanora in connection with the exercise of its second stage option in respect of Joint Venture #2. Upon receipt of such funds (which are en route via wire transfer) REM will have fulfilled all of its obligations in connection with the exercise of its second stage option and REM’s ownership in Megalit S.A. de C.V. (the company holding the Buenavista, Megalit and San Gabriel concessions that form part of the Sonora Lithium Project in Mexico) will be increased from 10% to 30%. Bacanora will continue to own the remaining 70% interest in Megalit following the receipt of the foregoing funds. For further information on Joint Venture #2, please refer to the Company’s press releases dated March 12 and May 26, 2014.
Newstrike Capital Inc. is pleased to announce completion of an independent NI 43-101 technical report that outlines the results of a successful exploration program on its Ejutla Property located in Oaxaca State, Mexico. Three significant mineralized structural corridors, each host to extensive gold and silver bearing low sulphidation epithermal veins, have been identified on the Property.
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