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Mining & Metals

Powertech Announces Closing of Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/27/13 — POWERTECH URANIUM CORP. ("Powertech" or the "Company") (TSX: PWE)(FRANKFURT: P8A) announces that it has completed its previously announced non-brokered private placement financing (the "Financing") of 15 million units (each, a "Unit") at a price of $0.10 per Unit for gross proceeds of $1.5 million. Each Unit consisted of one common share of the Company (each, a "Share") and one share pu

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Valterra Amends Swift Katie Property Agreement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/27/13 — Valterra Resource Corporation (TSX VENTURE: VQA)(FRANKFURT: 3VA) ("Valterra") reports that it has amended the agreement with respect to its Swift Katie property located in southeast BC. Valterra earned a 100% interest in the Swift Katie property on December 31, 2011 subject to an obligation to pay the optionors annual advanced minimum royalty ("AAMR") payments. Pursuant to a recent amendment agreement, the optionors

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South American Silver Continues to Intersect Copper Enrichment Mineralization at the Escalones Porphyry Copper-Gold Project in Chile 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/27/13 — South American Silver Corp. (TSX: SAC)(OTCQX: SOHAF) (the "Company") is pleased to announce an update on drilling progress at the Escalones copper-gold porphyry project in Chile. Although drilling was temporarily halted by lack of road access to the site due to the recently reported storm, drill samples from portions of holes 38, 39 and 41 were sent to the assay laboratory and analyses have been received. These drill holes co

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GTA Partners With Metals Creek Resources in Yukon 0

BURLINGTON, ONTARIO — (Marketwire) — 02/27/13 — GTA Resources and Mining Inc. ("GTA") (TSX VENTURE: GTA) is pleased to announce that it has received regulatory approval for the Option Agreement with Metals Creek Resources Corp. ("MEK") reported by press release on January 10, 2013 whereby GTA can earn a 51% to 70% interest in MEK-s Squid East property in the Matson Creek area of Yukon Territory. The 82 claim Squid East property was initially staked by MEK in 2011 and the

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Dynamic Materials Reports Fourth Quarter and Full-Year Financial Results 0

BOULDER, CO — (Marketwire) — 02/27/13 — Dynamic Materials Corporation (DMC) (NASDAQ: BOOM), today reported financial results for its fourth quarter and fiscal year ended December 31, 2012.Fourth quarter sales were $52.5 million, down 3% from $54.3 million reported in last year-s fourth quarter, but a 5% sequential improvement from third quarter sales of $50.1 million. Fourth quarter gross margin improved to 31% from 27% in the year-ago fourth quarter and was unchanged compared with the third

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Prosperity Goldfields Mobilizes Nunavut Drill Program 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/27/13 — Prosperity Goldfields Corp. (TSX VENTURE: PPG) (the "Company" or "Prosperity") announces the mobilization of personnel to Kiyuk Lake, Nunavut in preparation for the two-drill, 4000m winter drill program, previously discussed in a News Release dated January 14, 2013: . Drilling is expected to commence in the next few days and assay results from the first few holes are expected in early April."Our exploration tea

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Duncan Park Enters Into Loan Agreement 0

TORONTO, ONTARIO — (Marketwire) — 02/27/13 — Duncan Park Holdings Corporation (TSX VENTURE: DPH)(OTCQX: DCNPF) announced that its board of directors has authorized the Corporation to increase its previously announced borrowing limit from $150,000 to $300,000. Pursuant to this borrowing authority, the Corporation has entered into an unsecured term loan agreement with a non-arm-s length party to borrow $56,000 (the "Loan"). The Loan bears an interest rate of 5% per annum, calculated

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SLAM Reaching Out To 30,000 PDAC Delegates 0

PDAC Investors Exchange Booth 2824 at Metro Convention Centre

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Reunion Gold Retains Investor Relations Firm 0

LONGUEUIL, QUEBEC — (Marketwire) — 02/27/13 — Reunion Gold Corporation (TSX VENTURE: RGD) ("Reunion or the "Company") is pleased to announce that, subject to TSX Venture Exchange approval, it has retained Profinnotiv AG ("Profinnotiv") to develop a European investor and public relations strategy for the Company. Based in Switzerland, Profinnotiv has extensive relationships with European institutional and retail investors and significant experience working with Canad

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Critical Announces Closing of First Tranche of $976,600 0

MONTREAL, QUEBEC — (Marketwire) — 02/27/13 — Critical Elements Corporation (TSX VENTURE: CRE)(OTCQX: CRECF)(FRANKFURT: F12) is pleased to announce that it has closed the first tranche of a non-brokered private placement, for an amount of $976,600.The Company has issued 4,883,000 units of common shares at a price of $0.20 per share for gross proceeds of $976,600. Each unit consists of one common share priced at $0.20 and one half of one purchase warrant. Each whole purchase warrant entitles

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