Month: June 2015

Soltoro Ltd. is pleased to announce that it has obtained a final order from the Ontario Superior Court of Justice (Commercial List) approving its previously announced plan of arrangement with Agnico Eagle Mines Limited pursuant to which Agnico Eagle will acquire all of the issued and outstanding common shares of Soltoro, including common shares issuable on the exercise of outstanding options and warrants of Soltoro…

GOLDCORP INC. is pleased to declare its sixth monthly dividend payment for 2015 of $0.05 per share. Shareholders of record at the close of business on Thursday, June 18, 2015 will be entitled to receive payment of this dividend on Friday, June 26, 2015.

NWM Mining Corporation announces that the Company has entered into a definitive arrangement agreement with GFM Minera S.A.P.I. de C.V. and one of its affiliates, and the Company’s lender, Global Resource Fund, pursuant to which GFMM will acquire, for cash, all of the issued and outstanding common shares of NWM subject to a court-approved plan of arrangement under the Business Corporations Act (Ontario). GFMM will acquire each outstanding NWM Share for cash consideration of C$0.005.

GREAT PANTHER SILVER LIMITED reports the results of its Annual General Meeting of Shareholders held on June 4, 2015 in Vancouver, BC.

Alamos Gold Inc. is providing a summary of the voting results of its Annual General and Special Meeting of Shareholders (the “Meeting”) and announcing the appointments of Aoife McGrath as Vice President of Exploration, and Scott Parsons as Vice President of Investor Relations.

Like many junior exploration companies, the Company has pursued vigorous cost cutting over the past two years. The Company’s common shares are currently traded on the Toronto Stock Exchange and the NYSE MKT exchange, two of the premier stock exchanges in the world for junior mining/exploration companies. While continued listing on both exchanges would be ideal, the Company’s board of directors has determined that it would be in the best interest of the Company and its shareholders to voluntarily delist from the NYSE MKT exchange due to costs associated with the continued listing and NYSE MKT exchange rules with respect to maintenance of a minimum share price…

Silver Shield Resources Corp., announced today that it has commenced a non-brokered private placement financing to raise a maximum of Five Hundred Thousand Dollars CDN by the sale of five million units of the Corporation at a price of $0.10 per unit…

“Despite market conditions that continue to be extremely difficult, we are pleased to have met our goal for the year of generating cash while still paying a dividend and investing in our fleet as appropriate. EBITDA for the quarter was $6.8 million. This year, we used up some of our cash reserves to purchase the assets of Taurus Drilling, and this new division is performing well, with the Company looking to grow these services,” said Francis McGuire, President and CEO of Major Drilling…