THUNDER BAY, ONTARIO, Jan 04, 2012 (MARKETWIRE via COMTEX) — SOURCE EXPLORATION CORP. (the “Company” or “Source”) /quotes/zigman/510127 CA:SOP +6.98% announced today that Mr. Paul Huet has been appointed as a Director of the Company.
Vancouver, British Columbia (January 4, 2012) – Sutter Gold Mining Inc. (TSXV: SGM; OTCQX: SGMNF) (“Sutter” or the “Company”) is pleased to announce that it commenced trading today on OTCQX, the top tier of the U.S. Over-the-Counter (“OTC”) market, under the symbol SGMNF.
First Majestic Silver Corp. (“First Majestic” or the “Company”) is pleased to announce the appointment of Mr. Martin Palacios to the position of Chief Information Officer (“CIO”).
VANCOUVER, BRITISH COLUMBIA–(Marketwire – Jan. 3, 2012) – Aura Minerals Inc. (TSX:ORA) (“Aura Minerals” or the “Company”) is pleased to announce the appointment of Ian Stalker to the Company’s Board of Directors.
COUER D’ALENE, Idaho, Jan 03, 2012 (BUSINESS WIRE) — Star Gold Corp. (“Star Gold” or the “Company”) (otc markets:SRGZ) is pleased to announce the appointment of David Segelov to the Company’s Board of Directors. David Segelov is a Chartered Financial Analyst (CFA) and earned a Masters of Business Administration from Columbia University in New York. He also holds a law degree from Sydney University. He is the sole partner of Reverse Swing Capital, a financial consulting firm. Reverse Swing Capital provides financial analysis of investments and ideas for hedge funds. Prior to starting Reverse Swing Capital, Segelov was an analyst at various hedge funds including, for five years, at Para Partners in New York. Mr. Segelov currently holds no other management positions with any other public companies. For the past six years Mr. Segelov has primarily focused on resource companies in the USA, Australia and Canada with an emphasis in gold investments. Mr. Segelov has invested in a range of early stage projects encompassing various types of metals; including being an early investor in open pittable gold mines in Mali and Ghana and projects developing silver in New South Wales. Mr. Segelov’s personal philosophy as an investor is to identify long range “holds” in an attempt to capture value along the curve as companies are able to find and add resources and prove those resources into a viable mine.
DENVER, Jan. 3, 2012 /PRNewswire/ — The Board of Directors of Vista Gold Corp. (TSX & NYSE Amex Equities: VGZ) (“Vista” or the “Corporation”) is pleased to announce that effective January 1, 2012, Frederick H. Earnest, President and Chief Operating Officer of the Corporation was appointed to the role of Chief Executive Officer. Mr. Earnest’s new title will be President and Chief Executive Officer of the Corporation. Mr. Earnest’s appointment follows the retirement of Michael B. Richings as Executive Chairman and Chief Executive Officer. Mr. Richings will continue to be actively involved with Vista in his role as a director and the Chairman of the Board of Directors.
El Tigre Silver Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement of 2,936,000 units of the Company for aggregate gross proceeds of $734,000. Each Unit consists of common share of the Company and one-half of a common share purchase warrant. Each whole Warrant entitles the holder to acquire an additional common share of the Company for a period of 2 years from the date of issue at a price of $0.40 per share.
HALIFAX, Dec. 23, 2011 /CNW/ – (CNW – December 23, 2011) – Terry Coughlan, President and CEO of GoGold Resources Inc. (“GoGold”), is pleased to announce that GoGold has closed its previously announced non-brokered private placement financing of $4,500,000. The private placement comprised the sale of 3,600,000 common shares at a price of $1.25 per share (the “Private Placement”) The common shares issued in this Private Placement are subject to a 4 month hold period which ends on April 24, 2012.
New Gold Inc. and Silver Quest Resources Ltd. today announce that New Gold has completed the acquisition of all the shares of Silver Quest. Under the terms of the court approved arrangement, 10.5 million New Gold common shares were issued to former Silver Quest securityholders on the basis of 0.09 of a New Gold share for each Silver Quest share and nominal cash consideration.
In calendar year 2011 Yale generated modest revenue of approximately $193,000 as a result of cash payments and management fees from optionees, sale of shares in optionees, oil and gas revenue, and consulting for third party companies. In addition, current free trading, saleable, shares amount to approximately $227,000 as of Dec. 22.
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