VANCOUVER, BRITISH COLUMBIA, Nov 08, 2011 (MARKETWIRE via COMTEX) — Southern Silver Exploration Corp. (frankfurt:SEG) (“Southern Silver” or the “Company”) announced today the appointments of Jean-Pierre Colin as a Director of the Company and of Fred Sveinson, P.Eng. in the role of Consulting Mining Engineer for the Cerro las Minitas project effective November 1, 2011.
VANCOUVER, BRITISH COLUMBIA, Nov 08, 2011 (MARKETWIRE via COMTEX) — Oroco Resource Corp. (frankfurt:OR6) (“Oroco” or “the Company”) is pleased to announce that it intends to complete a non-brokered private placement (the “Private Placement”) of up to 4,000,000 units at a price of $0.25 cents per unit to raise gross proceeds of up to $1,000,000. Each unit consists of one common share and one half of one common share purchase warrant. Each whole share purchase warrant will be exercisable into one additional common share for a period of 18 months at a price of $0.40 per share. The private placement is subject to the acceptance of the TSX Venture Exchange.
Minefinders Corporation Ltd. (“Minefinders” or the “Company”) (TSX: MFL)(NYSE Amex: MFN) is today reporting its financial and operating results for the quarter and nine-months ended September 30, 2011 and confirming its production guidance for 2011.
VANCOUVER, BRITISH COLUMBIA, Nov 07, 2011 (MARKETWIRE via COMTEX) — Aurcana Corporation (“Aurcana” or the “Company”) (otcqx:AUNFF) is pleased to report its unaudited financial results for the third quarter ended September 30, 2011. The summary of the selected financial information should be read in conjunction with the unaudited financial statements and the related management’s discussion and analysis dated November 4, 2011 together referred to as the “Financial Statements”, which have been filed on SEDAR ( www.sedar.com ) and the Company’s website ( http://www.aurcana.com ). All figures are in US dollars unless otherwise noted.
Cash Flow from Operating Activities of $38.9 million, Net Earnings of $21.1 million or $0.06 per share
(All financial information prepared in accordance with International Financial Reporting Standards (“IFRS”); all amounts in US$ unless otherwise specified)
TORONTO, Nov. 4, 2011 /CNW/ – Zaruma Resources Inc., (TSX-V: ZMR), (the “Company” or “Zaruma”) today announced that the Company will proceed with the previously approved share consolidation and name change, expected to be effective November 8, 2011. On the effective date, the currently outstanding common shares of the Company will be consolidated on the basis of one new common share for ten existing common shares, and the Company’s name will be changed to “Red Tiger Mining Inc.” In the event that the number of existing common shares held by a shareholder is not evenly divisible by ten, the number of post-consolidation common shares issued to such shareholder shall be rounded up to the next whole number. Red Tiger will trade on the TSX Venture Exchange as a Tier 1 Mining Company, under the stock symbol “RMN”.
VANCOUVER, BRITISH COLUMBIA, Nov 04, 2011 (MARKETWIRE via COMTEX) — Lincoln Mining Corporation (“Lincoln” or the “Company”) announces it has closed the previously announced non brokered private placement.
THUNDER BAY, ONTARIO, Nov 04, 2011 (MARKETWIRE via COMTEX) — SOURCE EXPLORATION Corp. (the “Corporation” or “Source”) (tsx venture:SOP) announces that 100,000 options to purchase common shares of the company are being granted to an officer of the Company at an exercise price of $0.27 per share, expiring on November 3, 2016. The grant is subject to regulatory approval.
VANCOUVER, Nov. 4, 2011 /CNW/ – Westminster Resources Ltd. (the “Company”) (TSX-V: WMR), announces that it has negotiated a non-brokered private placement of 12,000,000 shares at $0.10 per share for gross proceeds of $1,200,000.
Primero Mining Corp. (“Primero” or the “Company”) today reported financial and operational results for the third quarter ended September 30, 2011. The Company produced 27,450 gold equivalent ounces(1)at a total cash cost(2)of $641 per gold equivalent ounce leading to record net earnings of $35.1 million ($0.40 per share) and operating cash flows before working capital changes(3)of $50.5 million ($0.57 per share).
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