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Mining & Metals

Bearclaw Reports Phase One of Work Program Underway on the Axe Porphyry Copper-Gold Project 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/28/12 — Bearclaw Capital Corp. (TSX VENTURE: BRL)(FRANKFURT: 5BQ) is pleased to report that the first phase of exploration work on the Axe Porphyry Copper-Gold Property (the "Property") by Xstrata Copper Canada ("Xstrata") is underway. Bearclaw is party to a joint venture (the "Axe JV") in which it holds a 30% beneficial interest in 25 mineral claims (4,983 hectares) known as the Axe Property which is located in t

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Mundoro Stands Behind Decision of Shareholders 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/28/12 — Mundoro Capital Inc. (TSX VENTURE: MUN) ("Mundoro" or the "Company") announces that it firmly stands behind all procedures followed during the Annual General and Special Meeting of shareholders held yesterday, August 27, 2012 in Vancouver.The Company, on behalf of shareholders, will defend any continuing actions by the dissident group regarding the outcome of the Annual General and Special Meeting.The Company is dis

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Niocan Announces Extension for the Repayment of its Secured Debentures with Nio-Metals Holdings and Other Investors 0

MONTREAL, QUEBEC — (Marketwire) — 08/28/12 — Niocan Inc. ("Niocan" or the "Company") (TSX: NIO) announced today that the Company has entered into Amendment Agreements (the "Amendment Agreements") with each of the holders of the Secured Debentures Series 2011-I dated August 29, 2011 (the "Debentures"), including Nio-Metals Holdings LLC.Under the terms of the Amendment Agreements, the maturity dates of the Debentures were extended from August 29, 2012 t

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Desert Gold Engages FronTier Consulting Ltd. to Provide Market Services 0

TORONTO, ONTARIO — (Marketwire) — 08/28/12 — Desert Gold Ventures Inc. (TSX VENTURE: DAU) (the "Company" or "Desert Gold") is pleased to announce that it has entered into a consulting agreement (the "Agreement") with FronTier Consulting Ltd. ("FronTier"), an independent consulting firm that provides financial market consulting services, who will act as an advisor to the Company with respect to select financial market initiatives and programs. Under th

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Champion Announces Change of Name 0

TORONTO, ONTARIO — (Marketwire) — 08/28/12 — CHAMPION IRON MINES LIMITED (formerly CHAMPION MINERALS INC.) (TSX: CHM)(OTCQX: CPMNF)(FRANKFURT: P02) ("Champion" or the "Company") is pleased to announce that it has received Toronto Stock Exchange ("TSX") approval to proceed with the change of name of the Company to CHAMPION IRON MINES LIMITED and that the Company-s common shares will begin trading under its new name effective at the opening of trading on Thursda

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KWG Files for Aggregate Permits 0

TORONTO, ONTARIO — (Marketwire) — 08/28/12 — The KWG Resources Inc. (TSX VENTURE: KWG) ("KWG") subsidiary Canada Chrome Corporation has filed applications with the Ministry of Natural Resources (MNR) for thirty-two aggregate permits at sites that are located within the mineral claims covering the company-s 308 kilometre-long railroad right-of-way. The sites were identified and investigated by Golder Associates during initial assessment work conducted for engineering feasibility st

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Stay Gold Inc. Announces Government Grant Award at Harrigan Cove 0

HALIFAX, NOVA SCOTIA — (Marketwire) — 08/28/12 — Stay Gold Inc. ("Stay Gold" or the "Corporation") is pleased to announce that the Nova Scotia Department of Natural Resources has awarded a $50,000 Advanced Project Grant (the "Grant") under the recently announced Mineral Incentive Program (the "Program"). This Grant will support a drilling program on Stay Gold-s 100% owned Harrigan Cove Gold property, located in Nova Scotia. Under the Program requireme

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BCM Resources Corporation Announces Financing 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/28/12 — BCM Resources Corporation (TSX VENTURE: B), the "Company". Further to the Company news release issued August 28, 2012, the Company reports that certain directors of BCM Resources Corporation have arranged a sale of common shares of the Company through the facilities of the TSX Venture Exchange dated August 28, 2012. The proceeds from this sale will be used to fund the private placement announced August 28, 2012 at a price of

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Pancontinental Uranium Corporation: 400kg of REE Heavy Mineral Concentrate Produced at Charley Creek for Further Metallurgical Testwork 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/28/12 — Pancontinental Uranium Corporation ("Pancon" or the "Company") (TSX VENTURE: PUC) is pleased to announce that its Joint Venture partner, Crossland Uranium Mines Limited ("Crossland"), issued the following press release today in Australia, regarding the Charley Creek REE project in NT, Australia:Approximately seven tonnes of alluvium from the Cattle Creek area at the Charley Creek Project has been extracted

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Diadem Announces TSX Venture Exchange Approval Shares for Debt 0

MONTREAL, QUEBEC — (Marketwire) — 08/28/12 — Diadem Resources Ltd. (TSX VENTURE: DRL) Diadem Resources Ltd. ("Diadem") announces today that further to its Press Release of August 8, 2012, the TSX Venture Exchange has approved Diadem-s issuance of 2,500,000 shares to a former officer and director to settle outstanding debt of $219,670.Such shares were issued as of August 16, 2012 and the related debt has been extinguished.All shares issued pursuant to this debt settlement are subje

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