Vancouver, British Columbia — The Company is pleased to announce that shares of Cortez Gold Corp. (TSX-V: CUT) are now trading on the Frankfurt Stock Exchange under the trading symbol “2CZ”.
Glencore International Plc, the worlds largest publicly traded commodities supplier, agreed to buy Xstrata Plc (XTA) for about 26 billion pounds ($41 billion) in shares in the biggest mining takeover.
VANCOUVER, BRITISH COLUMBIA, Feb 06, 2012 (MARKETWIRE via COMTEX) — Chesapeake Gold Corp. (“Chesapeake”) announces key appointments in corporate finance and special advisory in Mexico.
Guerrero Exploration Inc. (“Guerrero” or the “Corporation”) (TSX-V: “GEX”) is pleased to announce that Ms. Michelle Robinson has joined its Advisory Board. Ms. Robinson is a Geological Engineer, University of British Columbia (B.A.Sc. 1992, M.A.Sc. 1994) and has 21 years of exploration experience in Canada and Latin America. Prior to moving to Mexico, Ms. Robinson authored technical papers on volcanogenic massive sulfide deposits and was the recipient of several awards in the mining industry.
Kootenay Gold Inc. is pleased to announce name change to Kootenay Silver Inc. as Company reports 25,000 meter in-fill drill and resource definition program nears completion on Promontorio Silver Project in Sonora, Mexico.
Vancouver, B.C. – Starcore International Mines Ltd. (the “Company”) is pleased to announce that after payment of the final forward sales contract for the sale of gold at $731 on January 31, 2013, the Company expects to be in a position of generating significant net cash flow. At such point, the Board of Directors anticipates that it will use its surplus funds to expand its exploration and development program to increase reserves at San Martin Mine. The Board also intends to mark the end of its hedge obligations to Investec Bank (U.K.) Limited by declaring dividends to its shareholders in 2013.
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.
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