Orex Minerals Inc. announces a non-brokered private placement offering of 4,800,000 common shares of the Company at a price of $0.25 per share for gross proceeds of $1,200,000. Orex intends to use the net proceeds of the Private Placement for continued exploration and development of its Los Crestones Property located in Sinaloa, Mexico and for general corporate and working capital purposes.
Northair Silver Corp. is pleased to announce the results of its updated resource estimate prepared by Allan Armitage, PhD, P. Geo. and Joe Campbell, B.Sc., P. Geo., of GeoVector Management Inc. for its flagship La Cigarra silver project located in Chihuahua State, Mexico. Northair’s first resource estimate for the Project was included in a technical report entitled “San Gregorio/Las Carolinas Resources Technical Report, La Cigarra Project, Chihuahua, Mexico” dated effective February 20, 2013.
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