Recommends shareholders ratify plan to ensure Board has adequate time to explore full range of value-enhancing alternatives
WINNIPEG, MANITOBA — (Marketwire) — 02/08/13 — San Gold Corporation (the "Company") (TSX: SGR)(OTCQX: SGRCF) announces an updated mineral resource and mineral reserve estimate, 2012 production results with guidance for 2013 & 2014 and an exploration update for the Company-s 100% owned Rice Lake Mining Complex (the "Property") located in Bissett, approximately 235 kilometres northeast of Winnipeg, Manitoba, Canada. The Property has a permitted, modern gold mill curren
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/08/13 — Forum Uranium Corp. (TSX VENTURE: FDC) is pleased to announce it has completed an initial compilation of available geological, geochemical and geophysical data on its newly acquired, 100% owned Clearwater Project, located on trend to the southwest of Fission Energy/Alpha Minerals Patterson Lake South uranium mineralization. Forum-s northernmost claim, staked immediately southwest of the Alpha/Fission ground is interpreted to be on stri
VANCOUVER, CANADA — (Marketwire) — 02/08/13 — Cancana Resources Corp. (TSX VENTURE: CNY) (the "Company" or "Cancana") is pleased to announce it has entered into an exclusive Memorandum of Understanding, ("MOU"), to purchase Rio Madeira Comercio Importacao E Exportacao De Minerios, ("Rio Madeira") in the State of Rondonia, Brazil.The exclusive MOU that has been agreed between Cancana and Rio Madeira is for the 100% acquisition of the Rio Madeira corpor
LUXEMBOURG, LUXEMBOURG — (Marketwire) — 02/08/13 — Northland Resources S.A. (TSX: NAU)(OSLO: NAUR)(FRANKFURT: NPK)(OMX: NAURo) – ("Northland" or the "Company") announces that the board of the Company-s Swedish subsidiary, Northland Resources AB (publ), has today filed for reconstruction with the Lulea District Court. The decision is based on a shortage of liquidity and deemed to be a necessary step to give the Company the time needed to finalize negotiations for a long-t
BOISE, IDAHO — (Marketwire) — 02/07/13 — The leadership team of the Boise National Forest (BNF) and Board of Directors of American CuMo Mining Corporation-s (CuMoCo) (TSX VENTURE: MLY)(OTCQX: MLYCF) exploration team have responded to the Federal District Court-s August 29, 2012, Memorandum of Decision and Order. The Boise National Forest will prepare a supplemental Environmental Assessment (EA) to undertake further analysis concerning groundwater hydrology relating to drilling explorations
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/07/13 — Gilby Len Hastman and Darcy Kim Hastman (the Concerned Shareholders) announce that they have filed a petition for oppression (the Lawsuit) with the British Columbia Supreme Court (the Court) against St. Elias Mines Ltd. (TSX VENTURE: SLI) (the Company) and against Donald Bastien, Robert Krause, Lori L. McClenahan, Paul McDonald and Tina Whyte (the Management Nominees).As the Concerned Shareholders announced in news releases dated Janua
CALGARY, ALBERTA — (Marketwire) — 02/07/13 — Brookwater Ventures Inc. (TSX VENTURE: BW) reports that it has entered into an unsecured promissory note (the "Note") with a third party lender (the "Holder"), pursuant to which the Holder has agreed to lend to Brookwater CDN$100,000. Brookwater intends to use the proceeds of the Note for general working capital purposes.The principal under the Note will incur interest at a rate of 13% per year and the Note shall mature on Feb
TORONTO, ONTARIO — (Marketwire) — 02/07/13 — Colossus Minerals Inc. (the "Company" or "Colossus") (TSX: CSI)(OTCQX: COLUF) is pleased to provide a development update for its 75% owned Serra Pelada gold-platinum-palladium Mine. The Serra Pelada Mine is a joint venture between Colossus and Cooperativa de Mineracao dos Garimpeiros de Serra Pelada ("COOMIGASP") located in the State of Para, Brazil.HighlightsClaudio Mancuso, Chief Executive Officer commented, "
TORONTO, ONTARIO — (Marketwire) — 02/07/13 — Kinross Gold Corporation (TSX: K)(NYSE: KGC) (the "Company") announced today that it has filed a Schedule TO with the U.S. Securities and Exchange Commission in respect of the option of holders of its 1.75% Convertible Senior Notes due 2028 (CUSIP Numbers: 496902AB3 and 496902AD9) (the "Notes") to require the Company to repurchase their Notes (the "Put Right"), as provided for in the Indenture governing the Notes, da
