Category: Investor’s Corner

Bell Copper Announces Defaults Under Secured Term Credit Facility

Bell Copper Corporation announces that events of default have occurred under the secured term credit facility provided to Rogue River Resources Corp., the Company’s wholly-owned subsidiary, by Macquarie Bank Limited and related agreements. The events of default include the incurrence of trade indebtedness in excess of the limit specified under the Credit Facility, failure to obtain the required permits relating to iron ore activities on the Company’s La Balsa project and failure to deliver a bankable feasibility study in respect of the La Balsa project within the time limits specified under the Credit Facility. The Credit Facility is secured by a charge over the Company’s La Balsa project.

Defiance Silver Corp: Private Placement of Up to C$10 Million

Defiance Silver Corp is pleased to announce a non-brokered private placement of up to 33,333,400 units of the Company at a price of $0.30 per Unit for gross proceeds of up to $10,000,000, with a minimum of 13,333,400 units for gross proceeds of $4,000,000. The Offering is subject to an overallotment option whereby the Company may increase the Offering by up to 50% depending on market demand.

Coeur d’Alene Mines Announces Share Repurchase Program

Coeur d’Alene Mines Corporation announced today that its Board of Directors has authorized a share repurchase program of up to $100 million of the Company’s common equity. Based on yesterday’s closing price of $18.95 per share, the authorized program represents approximately 5.3 million, or nearly six percent, of the Company’s outstanding shares.

Santacruz Announces Appointment of Chief Operating Officer and Corporate Update

Santacruz Silver Mining Ltd. is pleased to take this opportunity to announce the appointment of Mr. Francisco Ramos as the Chief Operating Officer of the Company and also update its shareholders and interested parties on the corporate activities that have taken place over the past couple months on the Rosario, Gavilanes and the San Felipe silver projects and the Company’s plans for the remainder of 2012.

Aura Minerals Announces Changes to Management

Aura Minerals Inc. announces that Mr. Fausto Taddei is stepping down as Executive Vice President and Chief Financial Officer effective June 29, 2012. The Company is pleased to announce the appointment of Mr. Rory Taylor, CA (SA) as Interim Chief Financial Officer in his stead.

Goldcorp Declares Sixth Monthly Dividend Payment for 2012

Goldcorp Inc. is pleased to declare its sixth monthly dividend payment for 2012 of $0.045 per share. Shareholders of record at the close of business on Thursday, June 14, 2012 will be entitled to receive payment of this dividend on Friday, June 22, 2012. Goldcorp has paid a monthly dividend to its shareholders since 2003. Canadian resident individuals who receive dividends from Goldcorp after 2005 are entitled to an enhanced gross-up and dividend tax credit on such dividends.

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