Category: Investor’s Corner

Newstrike Capital Inc. is pleased to announce that it has closed its previously announced C$24.8 million bought deal private placement of common shares. Newstrike issued a total of 8,000,000 common shares at a price of C$3.10 per common share raising gross proceeds of C$24.8 million. The private placement financing was placed by a syndicate of underwriters led by Cormark Securities Inc. and including GMP Securities L.P., Scotia Capital Inc., Euro Pacific Canada Inc., Desjardins Securities Inc., Macquarie Capital Markets Canada Ltd. and Raymond James Ltd.

Endeavour Silver Corp. announced today record earnings, cash-flows and revenues for the year ended December 31, 2011, thanks to the Company’s seventh consecutive year of growing silver and gold production, lower cash operating costs and higher precious metal prices.

Argonaut Exploration Inc., a junior mineral exploration company focused on the exploration and development of its British Columbia mineral properties is pleased to announce the appointment of director Oleh Wowkodaw, B.Sc. Geological Engineering, M.B.A., P. Geol. as Chief Financial Officer and Chief Operating Officer of the Company effective March 15th, 2012. Mr. Wowkodaw replaces Dale Hansen who has held the Chief Financial Officer position since December 9th, 2010. Argonaut wishes to thank Mr. Hansen for his financial administrative services to the Company.

Gold Resource Corp. (AMEX:GORO) announced Monday it has hired Brad Blacketor as chief financial officer.

OTC Markets Group Inc., the company that operates the world’s largest electronic marketplace for OTC-traded equities, announced that Victory Resources Corp., a Canadian based junior mineral exploration company, is now trading on the highest tier of the OTC market, OTCQX®.

Endeavour released today its updated NI 43-101 reserve and resource estimates to December 31, 2011 (see table below) for its two producing silver mines (the Guanacevi Mine in Durango State and the Guanajuato Mine in Guanajuato State) and three exploration projects (the San Sebastian Project in Jalisco, Parral Project in Chihuahua and Arroyo Seco Project in Michoacán) in Mexico.

Azure Minerals Limited is pleased to announce it has successfully negotiated a 24 month extension of its Exploration Contract and Purchase Option Agreements over the Company’s high grade Promontorio Copper-Gold-Silver Project, located in Chihuahua State, Mexico.

Starcore International Mines Ltd. has filed the results for the quarter and six months ended January 31, 2012, for the Company and its mining operations. Over the second quarter ended January 31, 2012, the Company is pleased to report record quarterly results, including revenues of $15.0 million, earnings from mining operations of $5.5 million and earnings for the period of $3.5 million, which includes a net $0.1 million realized and unrealized gain on forward sales contracts. The basic and diluted income per share for the quarter ended January 31, 2012 was $0.03. Over the six months ended January 31, 2012, the Company reports revenues of $35.4 million, earnings from mining operations of $12.8 million and earnings for the period of $6.7 million, which includes a net $3.0 million realized and unrealized loss on forward sales contracts. The basic and diluted income per share for the six month period ended January 31, 2012 was $0.06 and $0.05, respectively.

Vista Gold Corp. today provided an overview of the Company’s recent operating highlights and selected financial results and highlights for the year ended December 31, 2011. The Company’s full financial results, Management’s Discussion and Analysis together with other important disclosures can be found in the Company’s Annual Report on Form 10-K, filed with the U.S. Securities and Exchange Commission and the Canadian securities regulatory authorities on March 14, 2012.

United States Antimony Corporation reported record sales of $13,118,090 for 2011 up 45% over $9,073,324 of 2010. Pre-tax income for 2011 was $742,530 up 138% from $312,213 recorded in 2010.