TORONTO, ONTARIO — (Marketwire) — 08/17/12 — Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it has arranged a new US$1.0 billion term loan. The three-year term loan will mature on August 10, 2015, and has no mandatory amortization payments.Kinross also announced today that it has amended its unsecured revolving credit facility. The changes to the facility include an increase of available credit to US$1.5 billion from US$1.2 billion, and an extension of the term to August
TORONTO, ONTARIO — (Marketwire) — 08/17/12 — Andean American Gold Corp. ("Andean" or the "Company") (TSX VENTURE: AAG)(FRANKFURT: AQN) reports that for the three months ended June 30, 2012, it has recorded a net loss US$13,610,824 or US$0.09 per share compared to a net loss of US$7,568 or US$0.00 per share for the same period in 2011. This was mainly due to a write-off of exploration properties of $19,185,013 for the three month ended June 30, 2012 which is as a result o
TORONTO, ONTARIO — (Marketwire) — 08/17/12 — First Bauxite Corporation (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) ("First Bauxite" or the "Company") is pleased to announce that it has further strengthened its Board of Directors with the appointment of Mr. Alan Roughead as a Director.Mr. Demetrius (Jim) Heras, one of the co-founders of the Company, who served for three years as its Chairman and an additional six years as a Director and was instrumental in shepherding
TORONTO, ONTARIO — (Marketwire) — 08/17/12 — Orvana Minerals Corp. ("Orvana" or "the Company") (TSX: ORV) announced today that Mr. Ronald Simkus is resigning from Orvana-s board of directors effective August 17, 2012. "During his time on the board, including as its non-executive Chairman, Ron made significant contributions to Orvana," said Bill Williams, Orvana-s President and Chief Executive Officer, adding, "his contributions, however, occupied much of h
TORONTO, ONTARIO — (Marketwire) — 08/17/12 — Excalibur Resources Ltd. (CNSX: XBR)(FRANKFURT: X9CN) is pleased to announce that its 49% owned subsidiary Minera Catanava S.A. de C.V. ("Catanava") has received the permit for use of explosives from the Mexican military called SEDENA ("Secretary of National Defense"). "As the final permit required to begin operations, this is a major milestone as it allows the company to order and use explosives under the supervision of
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/16/12 — Premium Exploration Inc. (TSX VENTURE: PEM)(OTCQX: PMMEF) ("Premium" or the "Company") announces that it has filed on SEDAR a new technical report entitled "Technical Report, Idaho Gold Project" for its gold project in Idaho (the "New Technical Report"). The New Technical Report was prepared by independent consultant, GeoSim Services Inc. (Ronald G. Simpson, P.Geo.) and is dated August 15th, 2012
TORONTO, ONTARIO — (Marketwire) — 08/16/12 — Lake Shore Gold Corp. ("Lake Shore" or the "Company") (TSX: LSG)(NYSE MKT: LSG)(NYSE Amex: LSG) announced today a public offering, on a "bought deal" basis, of C$75 million principal amount of convertible senior unsecured debentures, at a price of C$1,000 per debenture, with an interest rate of 6.25% per annum, payable semi-annually on the last day of March and September commencing on March 31, 2013 (the "Debent
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/16/12 — Guerrero Exploration Inc. ("Guerrero" or the "Corporation") (TSX VENTURE: GEX) announces that it has closed its previously announced financing by issuing a total of 9,117,000 Units ("Units") at $0.05 each, for total gross proceeds of $455,850.Each Unit consists of one common share and one common share purchase warrant. Each warrant is exercisable for 5 years from closing at an exercise price of $0.10 per c
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/16/12 — Mundoro Capital Inc. (TSX VENTURE: MUN) has mailed today the following open letter to Mundoro shareholders, along with the GOLD proxy voting material, relating to the company-s upcoming annual and special meeting:(A PDF copy can be found here: )Dear Fellow Shareholder:With little more than a week to go to our annual and special meeting, we are writing to underline the importance of your vote to the future of our company and the value o
ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 08/16/12 — Red Moon Potash Inc. ("the Company" – "Red Moon")(TSX VENTURE: RMK) is pleased to announce that the Company will be listed on the TSX Venture Exchange under the symbol "RMK" on Friday, August, 17, 2012. The Company has also completed a private placement with Vulcan Minerals Inc. for $750,000 for its initial phase of exploration and working capital.Red Moon is a junior exploration company with min
