GREAT PANTHER SILVER LIMITED advises that R. W. (Bob) Garnett, CA, ICD.D., has been appointed Independent Chairman of the Company’s Board of Directors, replacing Kaare Foy, who has stepped aside after serving more than 18 years as a Director of the Company and almost eight years as Executive Chairman. Mr. Foy will continue as a consultant to the Company.
Lincoln Mining Corporation announces that further to its news release of January 30, 2012, the Company plans to increase its non-brokered private placement to up to 4,666,667 units at a price of $0.075 per unit (“Units”) for total proceeds of up to $350,000. 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.
VANCOUVER, BRITISH COLUMBIA, Feb 02, 2012 (MARKETWIRE via COMTEX) — El Tigre Silver Corp. (“El Tigre” or the “Company”) (otcqx:EGRTF)(frankfurt:5RT) is pleased to announce that it will be applying to the TSX Venture Exchange for approval to the extension of the expiry date of 4,087,569 common share purchase warrants issued on February 11, 2010 from February 11, 2012 to February 11, 2013. These warrants were issued as part of a private placement transaction and are exercisable at $0.60 into 4,087,569 common shares of the Company.
February 2, 2012 – Copper Creek Gold Corp. (the “Company” or “Copper Creek”, TSX.V: CPV) wishes to announce that site preparation for the Company’s upcoming drilling program at it’s Santa Lucia property, located 200km southeast of Hermosillo, Mexico, has begun.
Vancouver, B.C. – Further to its press releases of January 24th and January 31st, 2012, Starcore International Mines Ltd. (the “Company”) announces that it has repaid its outstanding loan with Investec Bank (U.K.) Limited (“Investec”) of approximately US$3.2 million, which funds were used to acquire the San Martin Mine in Queretaro, Mexico.
Excalibur Resources Ltd. (“Excalibur” or the “Company”) has granted an aggregate of 1,650,000 incentive stock options to purchase common shares at $0.12 per share to directors, officers and consultants, for a period of five years, in accordance with its Stock Option Plan.
Vancouver, B.C. — Further to its press release of January 24, 2012, Starcore International Mines Ltd. (the “Company”) announces that it has closed its non-brokered financing for gross proceeds of $2,252,500. The financing was in the form of 9,010,000 Units at $0.25 per Unit (a “Unit”), each Unit comprised of one common share of the Company (a “Common Share”) and one-half of one transferable share purchase warrant (a “Warrant”). Each whole Warrant entitles the holder to acquire one common share of the Company at a price of $0.35 to January 30, 2014.
Cerro Resources NL is pleased to release a summary of the Company’s quarterly activities. The detailed Quarterly Report which includes the financial statements for the period ending December 31, 2011, has been filed on www.sedar.com and on the Company’s website, www.cerroresources.com . The Company’s cash position was $11.3M as of December 31, 2011.
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 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.
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