Day: September 1, 2015

Shares in Gold Canyon Resources (CVE:GCU) and PC Gold (CVE:PKL) shot up on Tuesday massive trading volumes, after announcing that First Mining Finance Corp. (CVE:FF) will be acquiring all the shares of both explorers.

Arian Silver Corporation, a silver mining company focussed on silver projects in the silver belt of Zacatecas, Mexico, announces that Oliver Rodz and David Laing have each resigned from the Board with immediate effect.

U.S. Precious Metals, Inc. announces that it has received additional assays from its 2015 drilling campaign. The assays for the five holes 18-22 continue to show high values of Gold, Silver and Copper with wide intercepts in multiple locations.

Keith Neumeyer, Chairman of First Mining, stated: “We believe that the current market climate for junior exploration companies remains very challenging and thus requires consolidation and that only companies with attractive assets and supportive shareholder bases will survive this market cycle which still may last for years. We believe this transaction provides an excellent opportunity for the shareholders of all three companies to be part of a leading exploration and development company with a dedicated, focused and experienced management team.”

Source Exploration Corp. today announced the appointment of Ms. Vivian Gu as Chief Financial Officer effective immediately. As a Certified General Accountant, Ms. Gu has 16 years in public practice, corporate accounting and reporting, including corporate financial management. She holds a Master’s degree in Science from Shanghai Jiao Tong University and a Financial Management Diploma from BCIT. Ms. Gu will succeed Mr. Lance Dyll who recently accepted a senior accounting position with another employer.