Formation Metals Inc. announced today that the Company’s shares have commenced trading on the OTCQX(r), the United States Over-the-Counter market’s highest tier, under the symbol FMETF.
Aurion Resources Ltd. (“Aurion” or “Company”) (TSX VENTURE:”AU”) is pleased to report that it has increased the size of its previously announced non-brokered private placement, to 8,571,428 million units at a price of CDN$0.35 per unit to raise aggregate gross proceeds of CDN$3,000,000. Each unit will consist of one common share of Aurion and one full share purchase warrant of Aurion. Each whole share purchase warrant will entitle the holder thereof to acquire one additional common share of Aurion at an exercise price of CDN$0.45 cents per share for three years. Aurion can elect to accelerate the exercise of the warrants if Aurion’s volume-weighted average share price is at or above CDN$0.70 per share, based on the preceding 20 day closing share price. Finder fees may be paid pursuant to this financing.
Arian Silver Corporation (“Arian” or the “Company”) (TSX VENTURE:AGQ)(AIM:AGQ)(PLUS:AGQ)(FRANKFURT:I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the release of its Management’s Discussion and Analysis (“MD&A”) and audited Financial Statements (“Financials”) for the year ended 31 December 2011.
Caballo Blanco es punta de lanza, otras vienen a Perote y Los Tuxtlas. Servicio Geológico Mexicano promueve el territorio ante transnacionales.
VANCOUVER, BRITISH COLUMBIA, Feb 28, 2012 (MARKETWIRE via COMTEX) — War Eagle Mining Company Inc. (“War Eagle” or the “Company”) proposes to raise gross proceeds of $194,250 by way of a non-brokered private placement offering of the Company’s common shares. Mr. Danny Wettreich will be the sole subscriber of the private placement.
Goldgroup Mining Inc. is responding to recent unconfirmed Mexican newspaper articles quoting certain statements by the Governor of the State of Veracruz on the environmental permitting regarding Goldgroup’s Caballo Blanco project. Goldgroup has not been directly contacted by, or been in communication with, any State officials in relation to the statements recently reported.
Oremex Gold Inc. is pleased to announce that it received final approval from the TSX Venture Exchange regarding the Cerro del Oro Gold Project acquisition announced February 23, 2012.
Chesapeake Gold Corp. is pleased to announce that it has raised $35,241,240 from the exercise of 4,405,155 warrants at $8.00 per share prior to the expiry date on February 23, 2012. The warrants were issued on February 23, 2007 in connection with Chesapeake’s business combination with American Gold Capital Corporation.
Soltoro Ltd. recently completed seven diamond drill holes beneath the historical mine workings in the Catarina zone. The focus in the Catarina mine area was to confirm the historic resource defined in the 1980s by the Consejo de Recursos Minerales (CRM), the equivalent of the Mexican geological survey. The historic Catarina mine and associated workings can be traced for roughly 500 metres along strike and high grade silver mineralization has been encountered to a depth of 125 metres. From 1978 through 1981 the CRM carried out extensive surface trenching, underground sampling and development work, as well as surface and underground drilling.
Lone Star Gold, Inc. is pleased to announce that on February 28th, 2012, the Company is sending its first shipments from 1.2 million tons of mine tailings from the San Antonio del Potrero mine tailings project to a processing plant less than 15 minutes’ drive away in the city of Parral, in the state of Chihuahua, Mexico.
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