TORONTO, ONTARIO — (Marketwire) — 12/28/12 — Azul Ventures Inc. ("Azul", or the "Company") (TSX VENTURE: AZL) announced that it had decided to drop the Findel option agreement (Hogar, Lolita, Santa Rosa and Santa Gertrudis mineral rights) and the Company did not make the US$165,000 option payment under the agreement which was due on December 15, 2012.The Company regards the Findel Property as non-core and peripheral to the main mineralized zone on the La Higuera Property
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/28/12 — EastCoal Inc. ("EastCoal" or "the Company") (TSX VENTURE: ECX)(AIM: ECX) -Assets and StrategyEastCoal Inc., a mineral development company engaged in the acquisition and development of mineral resource properties, announces the commencement of trading on AIM ("Admission") at 8.00 a.m. today after a placing ("the Placing"). Pursuant to the Placing, the Company has issued 67,478,501 common shares at
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/27/12 — Forum Uranium Corp. (TSX VENTURE: FDC) announces that it has completed the consolidation of its common shares on the basis on one (1) "new" common share for fifteen (15) "old" common shares as approved by shareholders at Forum`s Annual and Special Meeting held on December 14, 2012. Effective Thursday, January 3, 2013, the common shares of the Company will commence trading on the TSX Venture Exchange on a consolidate
TORONTO, ONTARIO — (Marketwire) — 12/27/12 — Kinross Gold Corporation (TSX: K)(NYSE: KGC) would like to clarify a news release issued by Southridge Enterprises Inc. ("Southridge") on December 26th, 2012 announcing a joint partnership between itself and Kinross relating to the Cinco Minas and Gran Cabrera properties in Mexico. The news release contained a number of statements regarding the value and status of the joint venture, and a quote from a Kinross employee.Kinross wishes to
TORONTO, ONTARIO — (Marketwire) — 12/27/12 — Mahdia Gold Corp. (the "Company") (CNSX: MGD) is pleased to announce that at the Company-s Annual and Special Meeting (the "Meeting") held on December 21, 2012, the shareholders voted in favour of the special resolutions approving the continuance into Ontario and the empowerment of directors to set the number of directors from time to time between the minimum and maximum number of directors provided for in the Articles of the
VAL D-OR, QUEBEC — (Marketwire) — 12/27/12 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) has completed the private placement of 11,011,162 flow-through shares (the "Shares") priced at $0.24 each, for gross proceeds of $2,642,678 (the "Private Placement"). The Shares issued are subject to a 4 month and one day hold period. The proceeds will be used for exploration work on Metanor-s Quebec properties.Marquest Capital Markets and Casimir Capital Ltd., bo
TORONTO, ONTARIO — (Marketwire) — 12/27/12 — Portage Minerals Inc. ("Portage") (CNSX: RKX) today announced that 51,976,609 share purchase warrants, 1,254,400 unit purchase warrants and 3,292,800 stock options have recent expired. Portage also announced that it has granted an aggregate of 7,160,000 options to purchase common shares of the Company – exercisable at a price of $0.05 per share and expiring on December 24, 2017 – to certain directors, officers, employees and consultants
TORONTO, ONTARIO — (Marketwire) — 12/27/12 — HARTE GOLD CORP. ("Harte") (TSX: HRT)(FRANKFURT: H4O) announced today the final closing of its non-brokered private placement announced December 4, 2012. Harte raised total gross proceeds of $2,865,120 under the two closings, which will be used to fund exploration, permitting and technical studies associated with advanced exploration at the Company-s 100% owned Sugar Zone property and, general corporate purposes.Subsequent to the initia
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/27/12 — Prophecy Platinum Corp. (TSX VENTURE: NKL)(OTCQX: PNIKF) ("Prophecy" or the "Company") is pleased to announce that the Company has closed a non-brokered private placement (the "Private Placement") of 1,135,635 common shares of the Company, issued on a "flow-through" basis (each a "FT Share") at a price of $1.10 per FT Share, for gross proceeds totalling approximately $1.24 million.The g
TORONTO, ONTARIO — (Marketwire) — 12/27/12 — Augustine Ventures Inc. (CNSX: WAW) ("Augustine" or the "Company") is pleased to announce that it has engaged IBK Capital Corp. ("IBK") to complete a private placement of up to Cdn $3 million for Augustine on a best efforts basis.It is proposed that the private placement will consist as follows:One full warrant would allow the holder to acquire one (1) common share of Augustine for a period of two (2) years at an exe
