VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — Southern Arc Minerals (TSX VENTURE: SA)(OTCQX: SOACF) ("Southern Arc" or "the Company") today announced that the Company has, subject to certain conditions, agreed to sell its interest in the Taliwang project in return for cash and shares in the acquiring company, thereby retaining upside potential and financial flexibility for Southern Arc shareholders as the new owner advances its portfolio of projects.Southern Ar
TORONTO, ONTARIO — (Marketwire) — 12/21/12 — Cadman Resources Inc. (CNSX: CUZ) (the "Company") is pleased to announce that the Company will engage in a non-brokered private placement of up to 2,500,000 flow-through units (the "FT Units") at a price of $0.06 per FT Unit for aggregate gross proceeds of up to $150,000 (the "Flow Through Offering"). Each FT Unit will be comprised of one flow-through common share (an "FT Share") and one common share purcha
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — Ascot Resources Ltd. (TSX VENTURE: AOT) is pleased to announce it received final approval from the Bureau of Land Management (BLM) for two prospecting permits on the Mt. Margaret property in the St. Helens Mining District of Washington State. The decision comes after months of intensive environmental review, the results of which confirm the prospecting activities will have no significant impact on the environment. Earlier this month, t
TORONTO, ONTARIO — (Marketwire) — 12/21/12 — Liberty Silver Corp. (TSX: LSL) ("Liberty" or the "Company") announced today that it held its annual general meeting of shareholders at the Toronto Board of Trade in Toronto, Ontario. All the items outlined in the Company-s proxy materials (see press release dated November 28, 2012) were approved and the following directors were elected at the Meeting: R. Geoffrey Browne (President and CEO of Liberty), W. Thomas Hodgson, Georg
ELKO, NEVADA — (Marketwire) — 12/21/12 — Axiom Drilling Corp. ("Axiom" or the "Company") announces that it has recently completed its acquisition of Spring Valley Drilling Corp. ("Spring Valley") previously operating out of Hot Springs Montana.The Company is pleased to announce the completion of the purchase of 100% of the assets of Spring Valley. The acquisition discussions occurred over several months with an effective date of January 1st, 2013.Axiom believes
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — Argentex Mining Corporation ("Argentex" or the "Company") (TSX VENTURE: ATX)(OTCQB: AGXMF) is pleased to announce that it has increased the number of directors on its Board from five to six and it has appointed Michael Brown to its board of directors. Mr. Brown, who began his career as a professional geologist in 1994, has been the Company-s President and Chief Executive Officer since August 1, 2012.About ArgentexAr
TORONTO, ONTARIO — (Marketwire) — 12/21/12 — MagIndustries Corp. ("MagIndustries" or the "Company") (TSX: MAA) announced today that in connection with certain loans made to Evergreen Resources Holding (BVI) Ltd., ("Evergreen BVI"), the holder of 357,238,683 common shares, or approximately 77.6% of MagIndustries, Evergreen BVI has entered into a share pledge agreement with the Export-Import Bank of China ("China EXIM") under which Evergreen BVI has ple
TORONTO, ONTARIO — (Marketwire) — 12/21/12 — Orvana Minerals Corp. (TSX: ORV) (the "Company") announced today financial and operating results for the fourth quarter ("Q4 2012") and fiscal year ended September 30, 2012.The Company reported adjusted net income for Q4 2012 of $0.09 per share excluding the unrealized loss from the revaluation of the Company-s derivative instruments and the tax effect thereof and the one-time expense associated with the conversion of an outst
KELOWNA, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — FISSION ENERGY CORP. ("Fission" or the "Company") (TSX VENTURE: FIS) is pleased to announce that, further to its press release dated December 7, 2012, the Company has now completed the previously announced private placement of 10,001,001 flow-through common shares (the "Flow-Through Common Shares") at a price of $0.60 per Flow-Through Common Share for total gross proceeds of $6,000,600 (the "Private Pla
TORONTO, ONTARIO — (Marketwire) — 12/21/12 — Rainy River Resources Ltd. ("Rainy River" or the "Company") (TSX: RR) announces that the Company has elected not to complete the exercise of its option to earn into a 51% interest in the Ti-pa-haa-kaa-ning ("TPK") which is owned by Northern Superior Resources Inc., ("Northern Superior") (TSX VENTURE: SUP) in order to focus efforts on developing its namesake Rainy River Gold Project in Northwestern Ontario.R
