OTTAWA, ONTARIO–(Marketwire – June 13, 2011) – Aura Silver Resources Inc. (TSX VENTURE:AUU) (“Aura Silver” or the “Company”) announces that it has closed its brokered private placement financing issuing a total of 6,200,000 flow-through units (the “Units”) for gross proceeds of $1,550,000 (the “Offering”). Union Securities Ltd. (“Union”) acted as agent for the Offering.
THUNDER BAY, ONTARIO–(Marketwire – June 13, 2011) – QRS Capital Corp. (“QRS” or the “Company”) (TSX VENTURE:QRS) announces the results of its 2011 annual and general meeting of shareholders held in Toronto, Ontario on June 8, 2011.
VANCOUVER, June 8, 2011 /PRNewswire/ – Kimber Resources Inc. (NYSE AMEX:KBX, TSX:KBR) is pleased to announce that it has received the results of an updated independent Preliminary Assessment (“PA”) prepared by Micon International Limited. (“Micon”), with assistance by Kirkham Geosystems Ltd., Knight Piésold Consulting Ltd. and various consultants employed directly by Kimber on its 100% owned Monterde project, located in Mexico’s Sierra Madre mining district. This National Instrument 43-101 compliant PA is based on the updated mineral resource estimate for the Carmen deposit and the existing mineral resource estimate for the Veta Minitas deposit at Monterde prepared by Micon. The PA is based on combined open pit and underground mining and a focus on the high grade gold-silver mineralization and demonstrates significantly improved financial outcomes compared to the initial PA, a summary of which was discussed in a news release issued by Kimber on June 2, 2010.
VANCOUVER, BRITISH COLUMBIA — (MARKET WIRE) — 06/06/11 — Aura Minerals Inc. (“Aura Minerals” or the “Company”) (TSX: ORA) wishes to announce the appointment of Mr. Tom Ogryzlo, an independent director of the Company, as interim Chief Executive Officer, effective June 6, 2011. Mr. Ogryzlo has extensive experience in the mining and engineering industries and has served as President of several different companies including Kilborn Engineering and Kilborn SNC-Lavalin. Mr. Ogryzlo recently retired as Vice-President Latin America of Ram Power Corporation and was founder and CEO of Polaris Energy Corp., Ram Power Corporation main subsidiary, which is building a $410 million, 72 MW geothermal power project in Nicaragua. Mr. Ogryzlo has been President of both producing precious and base metal mining companies and has served on the boards of many well known TSX listed companies. He currently serves on the boards of Baja Mining Corp. and Vista Gold Corp.
RENO, NV–(Marketwire – Jun 6, 2011) – Focus Gold Corporation, formerly Gold Bag, Inc. (OTCBB: GBGI) announces that effective June 6, 2011, the Company’s name was officially changed to Focus Gold Corporation. Concurrently, the Company received a new trading symbol from FINRA to (OTCBB: FGLD). Back in January, the Company announced plans for a name change from Gold Bag, Inc. to Focus Gold Corporation. The Company’s name change was approved by the Board of Directors and the stockholders with a majority of the voting power. Investors should be aware that the name change and symbol change may take a few days to report properly in their brokerage accounts and at certain websites.
TORONTO, ONTARIO–(Marketwire – June 6, 2011) – Primero Mining Corp. (“Primero” or the “Company”) (TSX:P) announced today that it has successfully delivered the annual threshold of 3.5 million ounces of silver and will now sell 50% of the silver produced at San Dimas at spot prices for its own account until August 5, 2011.
Creston Moly Corp. (“Creston” or the Company”) (TSX-V: CMS) announced today that ISS Proxy Advisory Services (“IIS”) and Glass, Lewis & Co., LLC (“Glass Lewis”), the two leading independent proxy research and advisory firms, have published reports recommending that Creston shareholders (“Shareholders”) vote FOR the proposed arrangement agreement to which Mercator Minerals Ltd. (“Mercator”) will acquire all issued and outstanding common shares of Creston by way of a plan of arrangement (the “Arrangement”).
SilverCrest Mines Santa Elena silver and gold mine is located in Sonora, Mexico, 150 kilometres from the state capital, Hermosillo, and just 7 kilometres from the community of Banamichi.
James R. Porter, previously Alamos’ Vice President of Finance, has been promoted to Chief Financial Officer of the Company. Mr. Porter has been with the Company for nearly six years, joining Alamos in 2005 as Controller. Prior to joining Alamos, Mr. Porter held the position of Controller and Corporate Secretary for another publicly-listed gold producing company and was a manager in the assurance practice at PricewaterhouseCoopers. Mr. Porter holds a Bachelor of Administrative and Commercial Studies Degree from the University of Western Ontario, and is a Chartered Accountant and a U.S. Certified Public Accountant (Illinois).
Silver Bull Resources Inc. is pleased to announce the closing of its recently announced private placement financing with Coeur d’Alene Mines Corporation (NYSE: CDE, TSX: CDM) (“Coeur d’Alene”). Coeur d’Alene purchased 7,353,000 shares of Silver Bull common stock at $0.68 per share for total gross proceeds of US$5,000,040.
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