Endeavour Silver Corp. announced today that it has received approval to list its common shares on the New York Stock Exchange (NYSE). Trading is scheduled to commence on March 14, 2011 under the ticker symbol EXK.
DENVER, March 7, 2011 /PRNewswire/ — Vista Gold Corp. (TSX & NYSE Amex Equities: VGZ) (“Vista” or the “Corporation”) is pleased to announce that it has repaid its U.S. $23 million principal amount of outstanding 10% senior secured convertible notes (the “Notes”) (plus accrued interest) which matured on March 4, 2011. These payments were made using available cash and did not require any borrowing. Final cancellation of the Notes depends upon the completion of certain administrative duties of HSBC Bank USA, N.A. (the “Trustee”), pursuant to Article 8 of the note indenture, dated March 4, 2008 (the “Note Indenture”), among Vista, Vista’s Mexican operating subsidiary, Minera Paredones Amarillos S.A. de C.V., as guarantor (which has subsequently changed its name to Desarrollos Zapal S.A. de C.V., the “Guarantor”), the Trustee and HSBC Mexico, S.A. De C.V., Institucion de Banca Multiple, Grupo Financiero HSBC, Division Fiduciaria, as collateral agent (the “Collateral Agent”).
Vancouver, B.C.: Bell Copper Corporation (“Bell Copper” or the “Company”) (TSX-V Symbol: BCU) is pleased to announce that it has closed the debt restructuring with Macquarie Bank Limited (“Macquarie”) as outlined in the Company’s February 7 news release, that it has now fully repaid the Bell Demand Debenture, and that all of its $0.10 warrants were exercised prior to the February 24, 2011 deadline, generating $1.5 million in net proceeds. With these actions, Bell has now substantially reduced and deferred its remaining repayment obligations to Macquarie.
Vista Gold Corp. (TSX & NYSE Amex Equities: VGZ) (“Vista” or the “Corporation”) is pleased to announce that a total of 15,308,044 common share purchase warrants (the “Warrants”) issued on December 15, 2010 (in connection with our previously announced private placement of special warrants) began trading March 1, 2011 on the Toronto Stock Exchange (the “TSX”) under the symbol VGZ.WT.U. See our press releases dated September 30, 2010, October 12, 2010, October 22, 2010 and December 15, 2010 for additional information on the private placement and the Warrants.
VANCOUVER, March 4 /CNW/ – Goldgroup Mining Inc. (TSX: GGA) (“Goldgroup” or the “Company”) is pleased to announce that in connection with its previously announced offering of 25 million common shares at a price of Cdn$1.40 per share (the “Offering”), the underwriters have determined to exercise the over-allotment option in full to acquire an additional 3.75 million common shares at Cdn$1.40 per share to raise additional aggregate gross proceeds of Cdn$5.25 million. The Company expects to close the Offering concurrently with the over-allotment option on or about March 10, 2011.
VANCOUVER, BRITISH COLUMBIA–(Marketwire – March 4, 2011) – Cream Minerals Ltd. (TSX VENTURE:CMA)(OTCBB:CRMXF)(FRANKFURT:DFL) (“Cream” or the “Company”) is pleased to announce that a total of 6,975,000 incentive stock options have been granted under the Company’s stock option plan to employees, consultants, officers and directors of the Company at a price of Cdn$0.38 per share. The options are exercisable on or before March 4, 2016 and will vest immediately, other than those granted to consultants performing investor relations activities, which, in accordance with TSX Venture Exchange requirements, will vest over a twelve month period, with one-quarter of such options vesting in each three month period. The options are subject to the approval of the TSX Venture Exchange.
Biggest miners lift global copper output 2 pct in Q4
Our exploration focus this year will be geared to achieve two very important goals: First will be to significantly increase mineral resources, and second will be to convert a material portion of “inferred” resources into “measured and indicated” resources. These goals will be realized by drilling into our high grade massive sulphide discovery, drilling additional known targets, and opening new exploration drifts underground.
Credit Suisse kept a Neutral rating and $31 target price on Silver Standard Resources Inc. (SSO.TO) based on its Q4 result.
VANCOUVER, March 2 /CNW/ – Goldgroup Mining Inc. (TSX: GGA) (“Goldgroup” or the “Company”) is pleased to announce that it has entered into an underwriting agreement with a syndicate of underwriters to complete an increased offering of 25.0 million common shares at a price of Cdn$1.40 per share (the “Offering Price”) to raise aggregate gross proceeds of Cdn$35.0 million (the “Offering”). This represents an increase of 5.0 million common shares from the previously announced financing. The Company has also granted the underwriters an option to purchase up to 3.75 million additional common shares at the Offering Price within 30 days following closing to cover over-allotments, if any, and for market stabilization purposes. A final short form prospectus has been filed in connection with the Offering with the securities regulators in Alberta, British Columbia and Ontario. The Company expects to close the Offering on or about March 9, 2011.
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