TORONTO, ONTARIO — (Marketwire) — 12/17/12 — Southeast Asia Mining Corp. (the "Company") is pleased to announce that it closed the first tranche of its previously announced brokered private placement of unsecured convertible debentures (the "Debentures") for gross proceeds of $927,296 as set out in the Company-s press release dated November 21, 2012. On the maturity date, each Debenture will be convertible into units (each, a "Unit") of the Company at a price o
TORONTO, ONTARIO — (Marketwire) — 12/17/12 — Galane Gold Ltd. ("Galane Gold" or the "Company") (TSX VENTURE: GG) today announced that certain officers and directors of the Company have acquired an aggregate of 85,615 common shares in the capital of the Company (the "Qualifying Shares"), at a price of $0.73 per share, under the Company-s Share Purchase Plan (the "Plan"). Under the terms of the Plan, each participating officer or director is entitled to
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/17/12 — (All figures in Canadian dollars)Canaco Resources Inc. (TSX VENTURE: CAN) ("Canaco" or the "Company") today announced it has entered into a binding share purchase agreement (the "Share Purchase Agreement") dated December 14, 2012 whereby Canaco is expected to acquire all of the outstanding common shares of Shark Minerals Inc. ("Shark") in exchange for common shares of Canaco (the "Shark Acqui
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/17/12 — Discovery Ventures Inc. ("Discovery" or the "Company") (TSX VENTURE: DVN) Further to the Company-s news release of November 19, 2012, "Discovery Ventures Inc. Enters Into a Definitive Agreement to Acquire the Willa Gold Deposit" the Company is pleased to announce the filing of its NI 43-101 Technical Report in support of its application for acceptance for filing of the Definitive Agreement with the TSX Ven
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/16/12 — First Majestic Silver Corp. ("First Majestic") (TSX: FR)(NYSE: AG)(FRANKFURT: FMV) and Orko Silver Corp. ("Orko") (TSX VENTURE: OK)(PINKSHEETS: OKOFF)(FRANKFURT: OG3) are pleased to announce that the companies have entered into a definitive agreement (the "Arrangement Agreement") pursuant to which First Majestic has agreed to acquire all of the issued and outstanding common shares of Orko for consideration
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/16/12 — First Quantum Minerals Ltd. ("First Quantum" or the "Company") (TSX: FM)(LSE: FQM)HighlightsFinancialStrategicCommenting on the Offer, Philip Pascall, CEO and Chairman of First Quantum, said:"We believe strongly in the prospects of a combination for our two companies, which are uniquely complementary. The enlarged group will draw on the best physical and human resources of both First Quantum and Inmet, to creat
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/14/12 — Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") announced today that the Federal District Court for Eastern Washington has ruled in favor of the plaintiffs in Phase 1 of the Pakootas case. The court has issued a declaratory judgment that Teck Metals Ltd. ("TML") is liable under CERCLA for response costs, the amount of which will be determined in the subsequent phase of the case. The subsequent hear
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/14/12 — Lions Gate Metals Inc. (TSX VENTURE: LGM) ("Lions Gate" or the "Company") is pleased to provide the following corporate update:Line of Credit FacilityLions Gate has arranged a line of credit facility with 0932879 BC Ltd. ("BC Co."), a company with a director in common with Lions Gate Metals Inc. Pursuant to the terms of the agreement, BC Co. will provide the Company with up to one hundred thousand dollars
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/14/12 — Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM)(NYSE: SVM) today reported that as a result of work by the local power authority in upgrading a sub-station, power to the local area where TLP, HPG and LM mines as well as the two mills are located will be suspended for approximately 4 to 5 days from December 15, 2012. The Company expects that the temporary power suspension will result in a reduction o
TORONTO, ONTARIO — (Marketwire) — 12/14/12 — Ferro Iron Ore Corp. (TSX VENTURE: RRO) reports the departure of Mr. Craig Lindsay from his position as Chief Executive Officer and Director of Ferro. Mr. Lindsay has tendered his resignation from the company as he intends to focus on other opportunities. Ferro is in final negotiations with a new Chief Executive Officer and expects to provide an update in due course.The management and board of Ferro would like to thank Mr. Lindsay for his service
