Category: Investor’s Corner

Argonaut Gold Announces New Chief Operating Officer

TORONTO, ONTARIO, Dec 14, 2011 (MARKETWIRE via COMTEX) — Argonaut Gold Inc (“Argonaut Gold”, “Argonaut” or the “Company”) has named Mr. Richard Rhoades as the new Chief Operating Officer for the Company. This is in conjunction with the retirement of Mr. Edgar Smith, the current COO. Mr. Rhoades is the former General Manager of the Mission Complex in Sahuarita, AZ for Asarco LLC. He will take over duties as Argonaut’s COO on January 3, 2012.

Silver Sun Announces Option Grant

Silver Sun Resource Corp. announces today that it has granted an aggregate of 1,300,000 stock options to a director, officer and consultants of the Company. Each option is exercisable at $0.32 per common share, the Company’s closing price on December 12th, 2011 and is exercisable at any time until December 12th, 2016. All of the options granted vest immediately and are exercisable in accordance with the terms of the Company’s stock option plan.

Silver Bull Closes Common Stock Offering for Gross Proceeds of $US 10.4 Million

Vancouver, British Columbia — Silver Bull Resources, Inc. (AMEX: SVBL, TSX: SVB) (“Silver Bull”) has received commitments from various investors for the sale of 21,050,000 shares of common stock at a price of $US 0.50 per share. Silver Bull is pleased to announce the closing of the sale of 20,755,000 shares of common stock at a price of $US 0.50 per share for gross proceeds of $US 10,377,500. Silver Bull expects to close the sale of the remaining 295,000 shares of common stock this week.

Kootenay Announces Mr. Jon Morda Appointed to Board of Directors

VANCOUVER, Dec. 12, 2011 /CNW/ – Kootenay Gold Inc. (TSX VENTURE: KTN.V) is pleased to announce the appointment of Mr. Jon Morda, CA to the Company’s Board of Directors. Mr. Morda brings Kootenay over 20 years of experience in the mining industry, having served as Chief Financial Officer for several mineral exploration and gold producing companies. As a senior executive, Mr. Morda is highly adept in all areas of strategic corporate planning, operations, budgeting, accounting and taxation functions.

President of Starcore Retires

Vancouver, B.C. – Starcore International Mines Ltd. (the “Company”) announced today that Ralf Kleine is stepping down as President of the Company and will be handing overall responsibility for the day-to-day operations at the San Martin Mine in Queretaro to Robert Eadie, Executive Chairman and CEO of the Company. Kleine, who has been providing leadership at the San Martin Mine since April 2010, will continue to serve as a member of Starcore’s Technical Advisory Board.

Southern Silver Closes First Tranche of Private Placement

Southern Silver Exploration Corp. announces that it has closed the first tranche of its previously reported non-brokered private placement by issuing 6,417,000 units at a price of $0.15 per unit for gross proceeds of $962,550. Each unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of two years at an exercise price of $0.20 per share.

Silver Bull Announces an Additional $US 3 Million Common Stock Offering to the $7.5 Million Non-Brokered Common Stock Offering Previously Announced December 2, 2011

VANCOUVER, British Columbia, Dec. 6, 2011 /PRNewswire/ — Silver Bull Resources, Inc. (AMEX: SVBL, TSX: SVB) (“Silver Bull”) is pleased to announce that it has received commitments from various investors for the sale of 6,000,000 shares of common stock at a price of $US 0.50 per share (“the Offering) resulting in gross proceeds of $US 3,000,000. These commitments are in addition to the commitments received from various investors for the sale of 15,050,000 shares of common stock at a price of $US 0.50 per share, resulting in gross proceeds of $US 7,525,000 as described in the Silver Bull news release dated December 2, 2011.

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