Category: Investor’s Corner

Cliffs Natural Resources Inc. Launches “Together. It Starts Here.” Corporate Advertising Campaign

CLEVELAND, May 16, 2011 /PRNewswire/ — Cliffs Natural Resources Inc. (NYSE: CLF) (Paris: CLF) today announced the launch of a multi-language, international corporate advertising campaign dubbed “Together. It Starts Here.” The campaign commemorates the completion of Cliffs’ approximately C$4.9 billion (including net debt) acquisition of Consolidated Thompson Iron Mines Limited with a broad-reaching placement schedule including full-page and digital advertisements in the Wall Street Journal, Financial Times, The Globe and Mail, The West Australian, Chutian Dushi Bao (the daily newspaper in Wuhan, China) and other business and trade media outlets. The acquisition was announced in January and closed on May 12, 2011.

Bell Copper Closes First Tranche of Financing

Vancouver, B.C.: Bell Copper Corporation (“Bell Copper” or the “Company”) (TSX-V Symbol: BCU) is pleased to announce that further to its news release dated April 28, 2011, the Company has completed the first tranche of its brokered private placement with D&D Securities Inc. and Delano Capital Corp. and has issued 14.55 million units at a price of $0.20 per unit for gross proceeds of $2,910,000. Each unit consists of one common share and one common share purchase warrant, with each warrant entitling the holder to purchase an additional common share of the Company for an 18 month period at a price of $0.35 per share. Insiders of the Company have subscribed for $521,000 of this first tranche of the placement. All common shares issued in connection with the units are subject to a regulatory hold period restricting them from being traded until September 7, 2011. The Company expects to close on the $1.59 million balance of the private placement by the end of this week.

Ryan Gold Appoints Shawn Ryan as President

Ryan Gold Corp. is pleased to announce that the Company has received final approval from the TSX Venture Exchange with respect to the purchase, royalty and employment agreements (the “Agreements”) signed with Shawn Ryan. As detailed in the Company’s press release dated April 26, 2011, Ryan Gold will purchase 50 properties, comprising 6,558 Quartz Claims (the “Properties”) located in the Yukon Territory, through the acquisition of Mr. Ryan’s 70% interest in the Properties and the acquisition of all of the issued shares of 45127 Yukon Inc. (“Claims Co”), which owns the remaining 30% interest in the Properties. Mr. Ryan owns all of the shares of Claims Co. The Company has issued 7.5 million shares of Ryan Gold and made the first cash payment of $2.5 million to Mr. Ryan

VVC Exploration-Management & Board of Director Changes

VVC EXPLORATION CORPORATION announces that effective May 8, 2011, Mr. Daniel Grenier has stepped down as President, CEO and director of the Company to pursue other ventures. Mr. Grenier will remain as a Consultant to the Company to ensure proper continuity of its business activities. The Company wishes to thank him for his tireless and dedicated service to the Company over the years and wishes him well in his future endeavours.

Aurcana reports record 2010 results

Aurcana Corporation (“Aurcana” or the “Company”) is pleased to report its audited financial results for December 31, 2010. The summary of the selected financial information should be read in conjunction with the audited financial statements and the related management’s discussion and analysis dated April 30, 2010 together referred to as the “Financial Statements”, which have been filed on SEDAR (www.sedar.com) and the Company’s website (http://www.aurcana.com)

Bank of Mexico buys 100 tons of Gold

Mexico’s central bank purchased almost 100 metric tons of gold in February and March, another signal that emerging markets are likely to steadily raise their gold reserve holdings, industry participants say.

Gold Stocks Fell Today (AUY, NG, AEM, GG)

NEW YORK, NY – Yamana Gold Inc. (USA) (NYSE:AUY) lost 3.17% to $11.91. The stock has a 52-week range of $9.16-$13.43.

The stock has average daily volume of 4.78 million shares. At today`s closing market price, the market capitalization of the company stands at $8.84 billion.

NovaGold Resources Inc. (USA) (AMEX:NG) fell 8.83% to $10.84. The stock opened at $11.70 and was trading within the range of $10.77-$11.79.

Agnico-Eagle Mines Limited (USA) (NYSE:AEM) dropped 2.43% to $62.95. The stock has a 52-week range of $54.12-$88.20.

The stock has average daily volume of 1.21 million shares. At today`s closing market price, the market capitalization of the company stands at $10.63 billion.

Goldcorp Inc. (USA) (NYSE:GG) went down 4.06% to $48.72.

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