Month: February 2015

Tarsis Resources Ltd. and Estrella Gold Corporation to Form Alianza Minerals Ltd.

Tarsis Resources Ltd. and Estrella Gold Corporation have agreed to combine to form Alianza Resources Ltd. The new company will be a prospect generator focused on the Americas, particularly the Cordilleran regions that characterize western North and South America. The new Company will have four projects in Peru, ten in Nevada, three in Mexico, and five in Yukon and the flexibility to acquire new projects in the Americas as opportunities arise. The proposed transaction has been unanimously approved by both company’s Boards of Directors. The parties have entered into an arrangement agreement pursuant to which Tarsis will acquire Estrella’s shares on a one for one basis. Tarsis will also complete a share consolidation and financing concurrent with the acquisition.

Aurcana Announces Settlement of Class Action

Aurcana Corporation announces that it has entered into an agreement to settle the class action litigation commenced by Nunzio Cardillo and John Witiluk in the Ontario Superior Court of Justice against the Company and two former executives of the Company.

Grupos México (GMEXICO) Pagará Dividendo 0.26 Pesos a Partir 18 Feb 2015

El Consejo de Administración de Grupo México, S.A.B. de C.V. acordó en su sesión de fecha 30 de enero de 2015, el pago de un dividendo de 0.26 pesos por acción en una sola exhibición a partir del día miércoles 18 de febrero de 2015 y contra la entrega del Cupón Número 46 de los Títulos de Acciones actualmente en circulación.

Base Metals Mining in Mexico to 2020

The Base Metals Mining in Mexico to 2020 report comprehensively covers the country’s historic and forecast data on base metals (copper, zinc and lead) mine production, consumption and trade to 2020, and reserves by geographical region. The report also includes drivers and restraints affecting the industry, profiles of major base metals mining companies, information on the major active, exploration and development projects and regulations governing the industry.

San Marco Resources Expands El Chunibas Area of the Cuatro de Mayo Property

San Marco Resources Inc. has acquired 100% ownership of a strategically-located 12 hectare claim in the El Chunibas area of the Cuatro de Mayo project, in exchange for a one-time payment of US$ 10,000. There is no retained interest or future royalty payable to the counterparty to the acquisition agreement, a private Mexican citizen. The newly acquired claim occurs within the boundaries of, and now forms part of, the Company’s recently acquired El Chunibas land package, which itself is in the vicinity of the Company’s Cuatro de Mayo Central claim block in northeastern Sonora State, Mexico.

Promontorio Exploration Commences Under Rio Tinto JV

Azure Minerals Limited is pleased to announce that exploration has commenced at the Promontorio Project, marking the first stage of activity under the Earn-In and Joint Venture Agreement with Kennecott Exploration Mexico S.A. de C. V., part of the Rio Tinto Group.

Primero Announces Closing of Offering of US$75 Million 5.75% Convertible Unsecured Subordinated Debentures

Primero Mining Corp. today announced the closing of its offering of US$75 million aggregate principal amount of 5.75% convertible unsecured subordinated debentures maturing on February 28, 2020, as previously announced on January 20, 2015. Primero has granted the syndicate of underwriters, led by RBC Capital Markets, and including BMO Capital Markets, Scotiabank, Canaccord Genuity Corp., CIBC World Markets Inc. and TD Securities Inc., an option to purchase additional Debentures in an amount equal to up to 15% of the Offering, on the same terms and conditions, exercisable in whole or in part at any time up to 30 days following today’s closing.

Evrim Resources Appoints Alain Charest as Senior Geologist

Evrim Resources Corp. is pleased to announce the appointment of Alain Charest as Senior Geologist for Evrim. Mr. Charest will head Evrim’s exploration initiative in Mexico for project acquisition and business development.

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