Category: Investor’s Corner

Source Exploration Corp. Announces Increase in Non Borkered Private Placement to Raise up to $2,990,000

Source Exploration Corp. is pleased to announce that due to strong investor demand for its recently announced non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.26 per Unit, the Company has agreed to increase the size of the Offering to raise up to $2,990,000. The Offering will now include the issuance of an additional 1,500,000 Units, for a total of up to 11,500,000 Units.

AuRico Gold Provides 2012 Operational Guidance

AuRico Gold Inc. (TSX: AUQ) (NYSE: AUQ), (“AuRico” or “AuRico Gold” or the “Company”)provides operating and capital expenditure guidance for 2012. All amounts are in U.S. dollars unless otherwise indicated.

Northair Outlines 2012 Work Programs for Precious Metal Projects in Mexico

International Northair Mines Ltd. is pleased to announce that its Board of Directors has approved a significant exploration budget for the coming year. Work will focus on the Company’s 100% owned La Cigarra silver project, located in the state of Chihuahua and its 50% owned Sierra Rosario silver/gold project located in the state of Sinaloa, Mexico.

Galena Appoints Craig Lindsay as President and CEO

Vancouver, British Columbia, Canada (January 27, 2012) – Galena Capital Corp. (TSX.V: FYI), (“Galena” or the “Company”) is pleased to announce the appointment of Mr. Craig Lindsay as President and Chief Executive Officer.

Lincoln Mining Announces Private Placement of Up to $300,000

Lincoln Mining Corporation announces its plans to conduct a non-brokered private placement of up to 4,000,000 units at a price of $0.075 per unit for total proceeds of up to $300,000. Each Unit will be comprised of one common share of the Company and one half of one non-transferable common share purchase warrant. Each whole purchase warrant will entitle the holder to acquire one additional common share of the Company at a price of $0.10 per share for a period of one year from closing.

Source Exploration Corp. Announces Non Brokered Private Placement of Up to $2,600,000

Source Exploration Corp. (“Source” or the “Company”) (TSX VENTURE:SOP) is pleased to announce that it has arranged a non-brokered private placement (the “Offering”) of up to 10,000,000 units of the Company (the “Units”) at a price of $0.26 per Unit for gross proceeds of up to $2,600,000. Each Unit will consist of one common share of the Company and one half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to purchase one common share of the Company for a period of twelve months from the closing date of the Offering at a price of $0.60 per common share, provided that the Company will have the right to accelerate the expiry date on notice to the Warrant holders if the closing price of its common shares on a stock exchange in Canada is higher than $0.80 per common share for a period of 20 consecutive trading days after four months from the closing date of the Offering, in which case the Warrants will expire 30 days after the date on which such notice is given.

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