ROUYN-NORANDA, QUEBEC — (Marketwire) — 12/27/12 — Radisson Mining Resources Inc. (TSX VENTURE: RDS) ("Radisson") is pleased to announce that it closed a $200,000 private placement for development of the O-Brien/Kewagama project on December 27, 2012.In connection with this placement, Radisson issued 1,925,000 common shares at a price of $0.08 per share and 460,000 flow-through shares at a price of $0.10 per share. No cash compensation was paid in connection with this placement. The
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/27/12 — Hana Mining Ltd. (the "Company" or "Hana") (TSX VENTURE: HMG)(FRANKFURT: 4LH)(BOTSWANA: HANA) announces that at a special meeting (the "Meeting") held today, its shareholders approved the previously announced plan of arrangement (the "Arrangement") involving the Company, Cupric Canyon Capital LP ("Cupric") and Cuprous Capital Ltd. ("Cuprous"), whereby Cupric has agreed to acqu
TORONTO, ONTARIO — (Marketwire) — 12/27/12 — Argonaut Gold Inc. (TSX: AR) ("Argonaut", "Argonaut Gold" or the "Company") would like to remind our warrant holders that the warrants may be exercised until 5:00 p.m. EST on Monday, December 31, 2012.The Argonaut Gold warrants (AR.WT) will cease trading on the TSX at the close of trading day on Monday, December 31, 2012. Computershare Trust Company N.A. acts as the transfer agent for Argonaut Gold.If you have any qu
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/27/12 — Canamex Resources Corp. ("Canamex" or the "Company") (TSX VENTURE: CSQ)(OTCQX: CNMXF)(FRANKFURT: CX6) announces further to its News Release dated December 18, 2012, that pursuant to an Ancillary Rights Agreement dated November 21, 2012 (the "AR Agreement") with Hecla Canada Ltd. ("Hecla") it has closed an equity financing pursuant to which Hecla, a wholly-owned Canadian subsidiary of Hecla Mining
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/27/12 — Falco Pacific Resource Group Inc. ("Falco Pacific" or the "Company") (TSX VENTURE: FPC) is pleased to announce that it has commenced a 2,000 metre diamond drill program on its Flavrian Central gold prospect located 15 km northwest of the city of Rouyn-Noranda, Quebec within the West Rouyn-Noranda Camp-s ("Western Camp") Flavrian gold district. Drilling recently began with one rig and is expected to be comp
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/27/12 — ALIX RESOURCES CORP. ("Alix" or the "Company") (TSX VENTURE: AIX)(FRANKFURT: 37N) is pleased to announce it has signed an LOI to acquire the 220 acre Homestake (Arizona) – Santa Maria lode gold property located in Yavapai County, Arizona. This prospective property adjoins the previously announced (see PR dated November 5, 2012) Golden Granite acquisition and is located about 112 kilometers (70 miles) northwest from
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/27/12 — Eagle Star Minerals Corp. (TSX VENTURE: EGE)(PINKSHEETS: ELGSF)(FRANKFURT: E6R) -Dear shareholders,2012 has been a challenging year for the mining industry, yet despite all difficulties, along with your support, Eagle Star has continued to position itself as a rising force within the thriving fertilizer sector of Brazil. While some companies have chosen the route of easing on exploration, we have decided to push forward as hard as poss
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/27/12 — Baja Mining Corp. (TSX: BAJ)(OTCQB: BAJFF) is pleased to announce the appointment of Nigel Kirkwood as Chief Financial Officer, effective December 27, 2012."We are very pleased to welcome Nigel to Baja," said Baja-s Interim CEO Tom Ogryzlo. "He brings significant finance experience to our executive team."Mr. Kirkwood has 20 years of international experience working in accounting, mergers and acquisitions and corpora
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/27/12 — Aegean Metals Group Inc. (TSX VENTURE: AGN) ("Aegean" or the "Company") is pleased to announce that due to recent positive geologic results from testing on the Hot Prospect (see news release dated November 28, 2012) and the Company-s intention to exercise the option to purchase the Ergama Property from Teck Resources Limited ("Teck"), the Aegean board and management have determined it is in the Company-s b
TORONTO, ONTARIO — (Marketwire) — 12/27/12 — Cline Mining Corporation ("Cline" or the "Company") (TSX: CMK) announced today that it has entered into an agreement with Marret Asset Management Inc. ("Marret"), on behalf of certain funds advised by it, providing for a financial restructuring (the "Restructuring") of the Company. Under the terms of the Restructuring, adjustments will be made to the terms of the Company-s outstanding 10% senior secured bon