Month: January 2015

Vista Gold Corp. today announced it has agreed to amend the payment terms of its sale of the Los Cardones gold project in Baja California Sur, Mexico to Invecture Group, S.A. de C.V. and RPG Structured Finance S.a.r.l. Under the Amendment, the Company will receive a payment of US$3.0 million cash from the Purchasers as full and final payment for 100% of the Company’s debt and equity participation in the Los Cardones gold project.

Prospero Silver Corp. is pleased to announce that it has closed the previously announced convertible loan financing with seven lenders for loans in the aggregate amount of $200,000.

The Board of Mexican-focused copper explorer Azure Minerals Limited ) is pleased to provide its Quarterly Activities Report for the period ended 31 December 2014.

BIG NORTH GRAPHITE CORP. announces that it intends to raise up to $250,000 by way of a non-brokered private placement of common shares at a price of $0.02 per Share pursuant to a discretionary waiver of the $0.05 minimum pricing requirement granted by the TSX Venture Exchange. Subject to certain limitations discussed below, the Offering is open to all existing shareholders of the Company as well as pursuant to other available prospectus exemptions. The Offering is subject to Exchange final acceptance.

GREAT PANTHER SILVER LIMITED announces an updated Mineral Resource Estimate at the Company’s wholly-owned Guanajuato Mine Complex in Guanajuato, Mexico, including updates on the Guanajuato and San Ignacio Mines and the El Horcon Project. The updated Mineral Resource Estimate does not include the most recent drill results at San Ignacio and the discovery of high grade silver-gold mineralization to the south of the existing resource block. This new data will be the subject of a further resource update later this quarter.

San Marco Resources Inc. has completed its non-brokered private placement financing announced on October 24 and December 17, 2014. A total of 12,967,500 units were issued at $0.05 per Unit for gross proceeds of $$648,375, a roughly 30% increase over the original financing target of $500,000. Insiders of the Company acquired 2,687,500 (or 21%) of the Units issued in this financing.

Endeavour Silver Corp. reports updated NI 43-101 silver and gold reserve and resource estimates for its three producing mines in Mexico: the Guanaceví Mine in Durango State and the Bolañitos and El Cubo Mines in Guanajuato State; as well as one exploration project, the San Sebastián Project in Jalisco State, as of October 31, 2014.