Category: Investor’s Corner

Corex Announces Non-Brokered Private Placement for up to 8,333,333 Units

Corex Gold Corp. is pleased to announce a non-brokered private placement of up to 8,333,333 units at a price of $0.18 per unit, for aggregate gross proceeds of up to CDN $1,500,000. Each Unit will consist of one common share and one non-transferable share purchase warrant. Each warrant will be exercisable by the holder to acquire one additional common share at a price of $0.30 for 24 months from Closing. The Warrants are subject to an accelerated expiry which comes into effect once the shares trade above a weighted average price of $0.50 for any twenty consecutive trading-day period, subsequent to four months from Closing. In the event of an accelerated expiry, the expiry date will be the earlier of the regular 24 month expiry date and 30 days from the date the Company advises the placees of the accelerated expiry.

Argonaut Exploration Responds to Dissident Director Materials

On January 26, 2012, three dissident directors of Argonaut Exploration Inc. (“the Company” or “Argonaut”; ‘AGA’ TSX-Venture exchange) delivered to shareholders an information circular, accompanied by a cover letter dated January 24, 2012 (“the Dissident Materials”), representing the views of the Dissident Directors, being Ray Cook, Brad Bakuska and Tell Stephen.

Capstone Updates Mineral Resource Estimate for Footwall Zone at Cozamin Mine

Capstone Mining Corp. today announced the result of an updated National Instrument 43-101 compliant mineral resource estimate for the Mala Noche Footwall Zone at its Cozamin Mine in Zacatecas, Mexico. Follow-up drilling in the MNFWZ in the second half of 2011 has added an additional 28 million pounds of copper resource in the measured and indicated categories. At a US$35 NSR copper cut-off grade, total measured and indicated mineral resources at the Cozamin Mine at the end of 2011 was 419 million pounds of copper. A tabulation of total mineral resource by classification is appended at the end of this news release.

Cortez Arranges Private Placement

Cortez Gold Corp announces that it has arranged a non-brokered private placement of up to 4,500,000 units at a price of $0.10 per Unit, for gross proceeds of up to $450,000.

Golden Minerals Appoints Vice President of Exploration

GOLDEN, CO, Feb 7, 2012 (Marketwire via COMTEX) –Golden Minerals Company (NYSE Amex: AUMN) (TSX: AUM) (“Golden Minerals” or “the Company”) is pleased to announce the appointment of Warren Rehn to the position of Vice President of Exploration. Golden Minerals also announces the planned retirement of Robert Blakestad, the Company’s Senior Vice President of Exploration, effective February 29, 2012.

Lone Star Gold (LSTG) Tailings Project Could Generate $800,000 per Month

NEW YORK, NY — (Marketwire) — 02/07/12 — Lone Star Gold, Inc. (OTCBB: LSTG) announced the development plan for their Mexican Tailings Project in the City of Hidalgo Del Parral in Chihuahua Mexico. Other companies operating near the tailings project include, GoldCorp, Inc. (NYSE: GG), Silver Standard Resources, Inc. (NASDAQ: SSRI) and Coeur d’Alene Mines Corp. (NYSE: CDE).

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