Month: April 2015

First Majestic Silver Corp. announces that it has acquired 14,509,279 common shares of First Mining Finance Corp., representing 19.7% of the outstanding common shares of First Mining.

FIRST MAJESTIC SILVER CORP. is pleased to announce the promotion of Mr. Martin Palacios to the newly created position of Chief Transformation Officer. Since joining the Company in January 2012 as the Chief Information Officer, Mr. Palacios has played an integral part in diagnosing the Company’s information needs and crafted the Company’s mandate to ensure data integrity in what he defined as the “mining data value chain”.

First Majestic Silver Corp. has announced today that it has entered into an agreement with BMO Capital Markets, under which BMO has agreed to buy on a bought deal basis by way of private placement, 4,620,000 common shares of the Company, at a price of C$6.50 per Common Share for gross proceeds of C$30,030,000.

El Tigre Silver Corp. reports that it received notice of a “Response to Civil Claim” and a “Counter Claim” from the Counsel for Wealthcorp LLC. The Company filed a claim against Wealthcorp LLC on January 20, 2015 claiming that Wealthcorp LLC had terminated the contract between the Company and Wealthcorp LLC and that no further compensation was owing pursuant to the Advisory Services Agreement entered into between the Company and Wealthcorp LLC in August 2014.

Arrastrados por el debilitamiento de la demanda de China, los precios del mineral de hierro cayeron esta semana por debajo de US$50 la tonelada, alimentando las preocupaciones sobre el futuro de algunas de las mayores empresas de minería del mundo.

Morro Bay Resources Ltd. announces that Mr. Elmer Stewart has resigned from the Board of Directors of Morro Bay, with the resignation taking effect as of March 31, 2015. Mr. Stewart is resigning his position for personal and business reasons.

FIRST MAJESTIC SILVER CORP. se complace en anunciar sus estimaciones de Reservas y Recursos Minerales 2014 de los activos existentes en sus propiedades minerales en México al 31 de diciembre de 2014. El contenido de metal de plata en la categoría de Reservas Probadas y Probables sumó un total de 101.1 millones de onzas de plata, una disminución del 7% de 108.6 millones al 31 de diciembre de 2013. Los precios de metales utilizados para la estimación de las Reservas de 2014 disminuyeron, comparado con el año anterior en: $20.00/oz de plata, $1,200/oz de oro, $0.95/lb de plomo y $1.00/lb de zinc.

Morro Bay Resources Ltd. announces the option on the Peñoles Project under the Option Agreement between Morro Bay and Riverside Resources Ltd. has been extended from March 31, 2015 to May 1, 2015.

Firma Holdings Corp. is pleased to announce the acquisition of Sicilian Sun Corp., and its wholly owned Italian operating subsidiary,Sicilian Sun Foods s.r.l. The acquisition includes two production facilities located in Alcamo and Catania on the island of Sicily, in Italy. Sicily’s climate and fertile volcanic ash soil have contributed to its long history of generating a variety of agricultural products, noted cuisines, and wines.

Evrim Resources Corp. announces it has arranged a non-brokered private placement with Cranberry Capital Inc., a company controlled by Evrim’s Chairman Mr. Paul van Eeden for 4,000,000 shares at $0.15 per share for gross proceeds of $600,000. The shares will be subject to a four month hold from the date of closing under Canadian Securities Law.