QUEBEC, CANADA — (Marketwire) — 07/19/12 — SOCIETE D-EXPLORATION MINIERE VIOR INC. (TSX VENTURE: VIO)(FRANKFURT: VL5) -announces that, subject to the TSX Venture Exchange approval, Vior will issue 2,394,739 common shares at deemed price of $0.04425 per share to Fonds de solidarite FTQ ("FTQ") representing the interest and principal due (totalling $105,967.21) as of July 17, 2012, pursuant to a private placement by way of convertible debenture in the principal amount of $100,000 on
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/19/12 — International Tower Hill Mines Ltd. (TSX: ITH)(NYSE MKT: THM)(NYSE Amex: THM)(FRANKFURT: IW9) ("ITH" or the "Company") announces that it has increased the amount of its non-brokered private placement financing (the "Offering") announced on July 12, 2012.The Offering will occur in two stages. The first stage will consist of up to 9,458,308 common shares of the Company at a price of CAD 2.60 per common share
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/19/12 — First Point Minerals Corp. (TSX VENTURE: FPX) ("First Point" or the "Company") announces that Cliffs Natural Resources Exploration Inc., an affiliate of Cliffs Natural Resources Inc. (NYSE: CLF)(PARIS: CLF) ("Cliffs"), has notified First Point of its intention to exercise its pre-emptive right, which was granted under the terms of the Option Agreement between the parties dated November 12, 2009, as amended
TORONTO, ONTARIO — (Marketwire) — 07/19/12 — The Prospectors and Developers Association of Canada (PDAC) congratulates Shawn A-in-chut Atleo on his re-election to the Office of National Chief of the Assembly of First Nations (AFN) as decided in a majority vote at the AFN-s Annual General Assembly on Wednesday. Mr. Atleo has served as National Chief of the AFN since July 2009."Mr. Atleo-s leadership has served the AFN well over the past three years. We look forward to continuing to work
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/19/12 — Riverside Resources Inc. ("Riverside" or the "Company") (TSX VENTURE: RRI)(PINKSHEETS: RVSDF)(FRANKFURT: R99) and its partner, Sierra Madre Developments (TSX VENTURE: SMG) are pleased to announce results of two step-out holes (CDDH 12-12 and CDDH 12-13) drilled approximately 50 meters to the east of the area referred to as the Main Zone of the El Capitan Target (see press release dated October 24, 2011). Results of
TORONTO, ONTARIO — (Marketwire) — 07/19/12 — Gowest Gold Ltd. ("Gowest" or the "Company") (TSX VENTURE: GWA)(OTCBB: GWSAF) is pleased to provide an update on current activities at the North Timmins Gold Project ("NTGP"), including the development of the Frankfield East deposit:Greg Romain, President and CEO of Gowest, said, "We are very pleased with the numerous technical and strategic advances we are making at the North Timmins Gold Project, where we are
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/19/12 — VMS Ventures Inc. (TSX VENTURE: VMS) ("VMS") is pleased to update shareholders on the ongoing developments at the Reed copper project. The Reed project is located 120 kilometres from Flin Flon, Manitoba and is the subject of a joint venture with Hudbay Minerals (TSX: HBM)(NYSE: HBM) ("Hudbay"), which operates the project and has a 70% ownership interest while VMS owns the remaining 30%.Construction activity on-site
RENO, NEVADA — (Marketwire) — 07/19/12 — NuLegacy Gold Corporation (TSX VENTURE: NUG) ("NuLegacy") is pleased to report the addition of Ms. Petra Decher as a director of the Company and Chairperson of its Audit Committee.Ms. Petra Decher adds a wealth of financial and mining industry experience to our board with over ten years of experience in the industry. Ms. Decher has extensive experience in negotiating and completing mergers, acquisitions and equity and debt financings in the
MONTREAL, QUEBEC — (Marketwire) — 07/18/12 — Maudore Minerals Ltd. (the "Company") (TSX VENTURE: MAO)(OTCBB: MAOMF)(FRANKFURT: M6L) announced today that the Company was successful in having the Ontario Superior Court of Justice dismiss a motion brought by dissident shareholders who sought to have their own set of rules imposed for the upcoming annual and general meeting of shareholders. The proposed rules would have usurped the role of the Company-s by-laws and the discretion othe
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/18/12 — KazaX Minerals Inc. (the "Company") (TSX VENTURE: KZX) – On March 15, 2012, Mr. Riad Tawfiq Mahmood Al Sadek completed the acquisition of 14,000,000 common shares of the Company at a price of $0.20 per share (the "Shares") for an aggregate purchase price of $2,800,000. Mr. Al Sadek also acquired 14,000,000 subscription receipts of the Company issued at a price of $0.20 per subscription receipt (the "Subscriptio