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Mining & Metals

Lions Gate Shareholders Approve Sale of Poplar Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/07/12 — Lions Gate Metals Inc. (TSX VENTURE: LGM) ("Lions Gate" or the "Company") is pleased to announce that its shareholders have approved the transaction, previously announced on October 19th, 2012, whereby the Company will grant Canadian Dehua International Mining Inc. ("Dehua") an option (the "Option") to acquire a one hundred percent (100%) interest in the Company-s Poplar Copper Gold & Silver

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Zena Mining Corp.: 2012 Exploration Program Completed at Lapin Barite Property 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/07/12 — Zena Mining Corp. (TSX VENTURE: ZCC) ("Zena" or the "Company") is pleased to announce that it has completed its 2012 exploration program on its Lapin Barite property situated near Rock Creek, B.C. The Company owns 100% of the rights to the Industrial Minerals subject to a 10% net profits interest and royalty and other payments based on production to the original underlying vendors.Barite (Barium sulphate – BaSO4) th

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Augustine Announces Conditional Listing on the TSX Venture Exchange 0

TORONTO, ONTARIO — (Marketwire) — 12/07/12 — Augustine Ventures Inc. (CNSX: WAW) ("Augustine" or the "Company") is pleased to announce that it has received conditional approval to list its common shares for trading on the TSX Venture Exchange, subject to the requirement, among other conditions, that the Company raise a minimum of $3,000,000 in new financing for working capital to fund its proposed exploration program and operations and the completion and the filing of fi

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ORMI Shareholders Vote in Favour of Acquisition by Walker Industries Holdings Limited 0

TORONTO, ONTARIO — (Marketwire) — 12/07/12 — Organic Resource Management Inc. (TSX VENTURE: ORI) ("ORMI" or "the Company"), today announced that the previously announced arrangement involving the acquisition of all of the outstanding common shares of ORMI by Walker Industries Holdings Limited ("Walker") was approved by the shareholders of ORMI at the special meeting of ORMI-s shareholders held earlier today. The Company-s report on voting results will be availa

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Rare Earth Metals Inc.: Clarification to the News Release Dated December 6, 2012 0

THUNDER BAY, ONTARIO — (Marketwire) — 12/07/12 — Rare Earth Metals Inc. ("Rare Earth Metals", "REM" or the "Company") (TSX VENTURE: RA)(PINKSHEETS: RAREF)(OTCQX: RAREF). The December 6, 2012 news release contains statements relating to future revenues and the construction of a heavy rare earth refinery.Mr. Tracy A. Moore, President and CEO of the Company, would like to clarify certain statements contained within the news release of December 6, 2012. Commented M

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Tolima Gold Inc. Announces Stock Option Grant 0

TORONTO, ONTARIO — (Marketwire) — 12/07/12 — Tolima Gold Inc. ("Tolima" or the "Company") (TSX VENTURE: TOM) announces that it has granted 250,000 stock options to Mr. Wally Rudensky, a director and the chairman of the Company-s audit committee. The stock options are exercisable at a price of $0.40 and expire five years from the date of grant.Information Concerning TolimaTolima is a gold exploration, development and production company with interests in mining properties

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Augustine Ventures Extends Warrants 0

TORONTO, ONTARIO — (Marketwire) — 12/07/12 — Augustine Ventures Inc. (CNSX: WAW) ("Augustine" or the "Company") announces that it has extended the term of the 5,075,000 warrants issued by the Company on December 22, 2010, the 3,512,500 warrants issued on February 8, 2011 and the 2,300,000 warrants on March 23, 2011 (collectively the "Warrants"). The terms of the Warrants have each been extended for a period of 12 months. The Warrants were scheduled to expire on

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Cornerstone Metals Announces Repricing of Stock Options 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/07/12 — Cornerstone Metals Inc. (TSX VENTURE: CCC) (the "Company"), announces that it has re-priced 187,000 outstanding incentive stock options of the Company from exercise prices ranging between $0.70 and $1.50 to $0.12. The options are held by insiders and expire from dates ranging from November 14, 2013 to March 22, 2015. The options are held as follows:The Company sought and received disinterested shareholder approval at the annu

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Amseco Does not Acquire the Brosnor Gold Property 0

MONTREAL, QUEBEC — (Marketwire) — 12/07/12 — Amseco Exploration Ltee. ("Amseco") (TSX VENTURE: AEL) announces its decision not to go forward with the acquisition of the Brosnor Gold Property contemplated in an Agreement signed on November 3rd with Upper Canyon Minerals Corp. ("Upper Canyon") (TSX VENTURE: UCM). Amseco was not able to raise the funds required to implement this transaction.Jean Desmarais, Amseco-s President, said," this acquisition was to represent an

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Teck Announces Response to Incident at Westshore Terminals 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/07/12 — Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) announced today that it is taking steps in response to impacts to coal shipping capacity at Westshore Terminals Limited following an incident that resulted in Berth 1 being out of commission for an unknown amount of time. Teck will continue to ship through Berth 2 at Westshore and will be shifting shipping capacity to Neptune Terminals and exploring options for moving additional

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