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Mining & Metals

Comstock Metals Closes Second Tranche of Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/03/12 — Comstock Metals Ltd. (TSX VENTURE: CSL) – Further to its news releases of June 29 and July 30, 2012, Comstock is pleased to announce that it has closed a second tranche of its non-brokered private placement for gross proceeds of $1,330,100.Comstock issued a total of 550,000 Flow-Through Units ("FT Units") at a price of $0.20 per FT Unit for gross proceeds of $110,000, and an additional 8,314,000 Non Flow-Through Units ("

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Augyva Mining Announces Shareholder Meeting 0

TORONTO, ONTARIO — (Marketwire) — 08/03/12 — Augyva Mining Resources Inc. (TSX VENTURE: AUV) ("Augyva" or the "Company") announces that it will hold its annual and special meeting of shareholders on August 29, 2012 (the "Meeting") and has sent a management information circular and related proxy materials to shareholders of record. The Company has fixed July 25, 2012 as the record date for determining shareholders entitled to receive notice of and to vote at the

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North Arrow Options Snowbird Nickel Project From Strongbow Exploration 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/03/12 — North Arrow Minerals Inc. (TSX VENTURE: NAR) announces it has entered into an option agreement with Strongbow Exploration Inc. whereby North Arrow can earn a 50% interest in Strongbow-s Snowbird nickel project. D. Grenville Thomas, North Arrow-s President, CEO and a director, is the Chairman and a director of Strongbow. Kenneth A. Armstrong, a director of North Arrow, is also President, CEO and a director of Strongbow.The Snowbird proj

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Eagle Star Minerals Arranges $750,000 Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/03/12 — Eagle Star Minerals Corp. (TSX VENTURE: EGE)(PINKSHEETS: ELGSF)(FRANKFURT: E6R) ("Eagle Star" or "the Company") subject to regulatory approval, intends to complete an offering of up to 7,500,000 units at a price of 10 cents per unit for gross proceeds of $750,000 by way of non-brokered private placement. Each unit comprises one common share and one full share purchase warrant. Each full warrant entitles the holder t

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International Tower Hill To Close CAD $24.6 Million First Tranche of its Non-Brokered Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/03/12 — International Tower Hill Mines Ltd. (TSX: ITH)(NYSE MKT: THM)(NYSE Amex: THM)(FRANKFURT: IW9) ("ITH" or the "Company") is pleased to announce that it will close the first tranche of its previously announced up to CAD 29.6 million non-brokered private placement financing (the "Offering") today.The first tranche of the Offering consists of 9,458,308 common shares of the Company at a price of CAD 2.60 per com

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S&B Industrial Minerals First Half Year 2012 Financial Results (IFRS) 0

ATHENS, GREECE — (Marketwire) — 08/03/12 — S&B announces (S&B) (ATHEX: ARBA), First Half Year 2012 Financial Results.S&B Industrial Minerals First Half Year 2012 Financial Results (IFRS) Press Release:
(Please click on the link below to view full press release)"We delivered an increase in our top-line performance for the first half of the year, despite the slowdown in global industrial activity. Our market positions within our geographically diverse operations remain broadly

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Teuton Resources Corp.: Private Placement Oversubscribed, Increased to $1,334,640 Due to Demand 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/03/12 — Teuton Resources Corp. ("Teuton") (TSX VENTURE: TUO)(OTCBB: TEUTF)(FRANKFURT: TFE) is pleased to announce that the private placement announced June 12, 2012 and amended June 28, 2012 has been completed, subject to regulatory approval. Due to strong demand it was oversubscribed again.The placement, which was originally increased from $576,000 to $960,000, has now been completed at $1,334,640. It consists of 4,170,750 units at

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Amerigo Announces Q2-2012 Financial Results 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/03/12 — Amerigo Resources Ltd. (TSX: ARG) — Q2-2012 Revenues of $40 million and Operating Cash Flow of $3.82 million- Net Loss of $1 million- Semi-annual dividend of Cdn$0.02/share paid during the quarterAmerigo Resources Ltd. ("Amerigo" or the "Company") reported today results for the quarter ended June 30, 2012 ("Q2-2012").Dr. Klaus Zeitler, Amerigo-s President and CEO, stated: "MVC continues to show excel

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Midnight Sun Retains Kaye Wynn Consulting Inc. 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/02/12 — Midnight Sun Mining Corp. (the "Company") (TSX VENTURE: MMA) is pleased to announce that it has contracted the investor relation services of Kaye Wynn Consulting Inc. ("Kaye Wynn"). Kaye Wynn has been retained for an initial period of six months at $5,000 (plus HST) per month as remuneration and the Company will grant Kaye Wynn an option to purchase 250,000 shares of the Company at $0.25 for a period of one year. Th

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Geologix Completes $2.5 Million Private Placement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/02/12 — Geologix Explorations Inc. (FRANKFURT: GF6)(TSX: GIX)(BERLIN: GF6)(MUN: GF6)(STUT: GF6)(OTCQX: GIXEF) ("Geologix" and the "Company") is pleased to announce that its $2,000,000 unit private placement announced June 28, 2012 was oversubscribed and a total of $2,502,000 was raised.Geologix issued 12,510,000 units at $0.20 per unit. Each unit consisted of one common share and one-half of a transferable warrant, each who

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