VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/25/12 — Baja Mining Corp. (TSX: BAJ)(OTCQX: BAJFF) announces that it has been advised by Louis Dreyfus Commodities Metals Suisse, S.A. ("LDCMS") that LDCMS has filed a Request for Arbitration with the London Court of International Arbitration pursuant to section 7.2 of the September 28, 2010 Convertible Cost Overrun Facility Agreement between Baja and LDCMS (the "COF"). In its Request for Arbitration, LDCMS seeks among othe
TORONTO, ONTARIO — (Marketwire) — 05/24/12 — Mammoth Resources Corp. (TSX VENTURE: MTH) ("Mammoth" or the "Company") is pleased to report that at its annual general and special meeting held on May 23, 2012 all resolutions including the appointments of new directors were adopted by shareholders of the Company.Pursuant to the new appointments Mr. Edward Farrauto and Mr. Constantine Salamis have resigned as directors of the Company. Mr. Nigel Kirkwood has also resigned as C
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/24/12 — Yalian Steel Corporation (TSX VENTURE: YL) ("Yalian" or the "Company") announces that it has obtained a trade finance for RMB 30 million (CAD $4.8 million) from the Industry and Commercial Bank of China ("ICBC") to fund the working capital requirements of Yangzhou Yalian Steel Pipe Co., Ltd ("Yangzhou Yalian"), a wholly-owned subsidiary of the Company in China Availability of such trade finance f
TORONTO, ONTARIO — (Marketwire) — 05/24/12 — Russel Metals Inc. (TSX: RUS) announced today that they have signed an agreement to acquire Alberta Industrial Metals Ltd., a metals distribution and processing service center located in Red Deer, Alberta. The acquisition includes the operating assets and the land and buildings. The total purchase price was $30 million. Revenues are approximately $30 million.Brian Hedges, President and CEO of Russel Metals stated "We are extremely pleased to
Calls on Asian Mineral Board to Postpone Shareholder Meeting to Allow Bid to be Considered by Shareholders
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/24/12 — Geodex Minerals Ltd. (TSX VENTURE: GXM)(FRANKFURT: G2W) ("Geodex") announces that it has terminated its contract with Venture North Capital Inc. for investor relations services.About GeodexGeodex is a mineral resource company focused on New Brunswick, Canada with its primary asset being its 30% Sisson ownership interest. Geodex has continued to actively develop its exploration portfolio focused on the discovery of critical me
MONTREAL, QUEBEC — (Marketwire) — 05/24/12 — Orbite Aluminae Inc. (TSX: ORT) (the "Company") is proud to announce that it is developing a program to train prospective employees for its projected facilities, i.e. its high-purity alumina (HPA) production plant in Cap-Chat, scheduled for commissioning at the end of 2012, and its larger-scale smelter grade alumina (SGA) plant. The initiative is being undertaken in collaboration with the Gaspesie leaders of the regional county municipa
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/24/12 — Centurion Minerals Ltd. (TSX VENTURE: CTN) ("Centurion", "the Company") is pleased to announce that it has closed on a first tranche of its previously announced (April 17, 2012) brokered private placement for total gross proceeds of $685,000.The first tranche consists of 6,850,000 Units priced at $0.10 for total gross proceeds of $685,000. Each Unit consists of one common share and one half warrant. Each whole warra
TORONTO, ONTARIO — (Marketwire) — 05/24/12 — Bison Gold Resources Inc. ("Bison Gold" or the "Company") (TSX VENTURE: BGE) is pleased to provide an update on results from the current drilling program on the Ogama Structural Corridor from the company-s Central Manitoba Property.Bison previously released results from the first nineteen holes of this drilling program in press releases dated March 12th, April 3rd and April 30th, 2012. This release details results from the nex
MONTREAL, QUEBEC — (Marketwire) — 05/24/12 — Uragold Bay Resources Inc. (TSX VENTURE: UBR), Uragold announces that the Directors of the Corporation have adopted a resolution to consolidate the issued and outstanding common shares of the Corporation into new consolidated common shares, whereby every four (4) existing common shares being consolidated into one (1) new common share. That resolution shall be submitted to shareholders of the Corporation for approval and ratification at the next C
