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Mining & Metals

Ressources Appalaches: Payment of a Service Provider 0

RIMOUSKI, QUEBEC — (Marketwire) — 03/16/12 — Ressources Appalaches (TSX VENTURE: APP) confirms that it has received the TSX Venture Exchange-s approval to issue 1,000,000 shares (press release of February 24, 2012) to Axiom Capital Management Inc. and two finders: Harvey Stober and Anthony Fitzgerald. As a result of the Exchange-s review, these shares are issued as finder fees as part of the private placement announced on February 13, 2012. No other changes have been made to this private pl

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NQ Exploration Inc.: Common Shares Issued to the Fonds de solidarite FTQ and Sidex 0

LAVAL, QUEBEC — (Marketwire) — 03/16/12 — NQ Exploration Inc. (TSX VENTURE: NQE) announces that, subject to the approval of the TSX Venture Exchange, it will issue 132,446 common shares to each of the Fonds de solidarite FTQ and Sidex Limited Partnership ("Sidex") (264,892 common shares) at a price of $0.056 per share in payment of debenture interest of $7,472.49 (Sidex) and $7,472.49 (Fonds de solidarite FTQ) for a total of $14,944.98 due on March 2, 2012. Interest is payable on

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MBMI Announces Revised Terms of Convertible Debenture Financing and Share Consolidation and Grant of Stock Options 0

RICHMOND HILL, ONTARIO — (Marketwire) — 03/16/12 — MBMI RESOURCES INC. (the "Company") (TSX VENTURE: MBR) announces that the terms of a previously announced private placement of convertible debentures ("Debentures") and consolidation of the common shares of the Company ("Share Consolidation") have been revised. The original terms were described in the Company-s press release of February 9, 2012.It is proposed that the private placement would now involve an aggr

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Lakeside Minerals Inc. Announces Closing of a Private Placement, a Shares for Debt Conversion and an Investor Relations Agreement 0

TORONTO, ONTARIO — (Marketwire) — 03/16/12 — Lakeside Minerals Inc. (TSX VENTURE: LAK) (the "Company") announces that it has completed a non-brokered private placement of 1,713,079 units (the "Units") for gross proceeds of $222,700 (the "Offering"). The Company will also issue 384,615 Units priced at $0.13 to convert $50,000 worth of legal fees, subject to acceptance from the TSX Venture Exchange. The Company has engaged FronTier Consulting Ltd. ("Frontier

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San Gold Corporation Announces Closing of Private Placement 0

BISSETT, MANITOBA — (Marketwire) — 03/16/12 — Mr. George Pirie, President and CEO of San Gold Corporation (TSX: SGR)(OTCQX: SGRCF) (the "Company"), is pleased to announce that it has closed its private placement offering (the "Offering") with a syndicate of agents led by Primary Capital Inc. and including Scotiabank, Dundee Securities Ltd. and Stonecap Securities Inc. (the "Agents") of common shares of the Company issued as "flow-through shares" withi

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Crystallex Adopts New Shareholder Rights Plan 0

TORONTO, ONTARIO — (Marketwire) — 03/16/12 — Crystallex International Corporation (OTCQB: CRYFQ) ("Crystallex" or the "Company") today announced that its Board of Directors (the "Board") has voted to adopt an additional shareholder rights plan (the "New Rights Plan"). The New Rights Plan does not replace the original shareholder rights plan of the Company dated as of June 22, 2006 (the "Existing Rights Plan") which is expected to expire this

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Starcore Reports Second Quarter Earnings of $3.5 Million and $6.7 Million for the Six Months Ended January 31, 2012 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/16/12 — Starcore International Mines Ltd. (TSX: SAM) (the "Company") has filed the results for the quarter and six months ended January 31, 2012, for the Company and its mining operations. Over the second quarter ended January 31, 2012, the Company is pleased to report record quarterly results, including revenues of $15.0 million, earnings from mining operations of $5.5 million and earnings for the period of $3.5 million, which inclu

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Excalibur Releases Report on Sturgeon Lake Property 0

TORONTO, ONTARIO — (Marketwire) — 03/16/12 — Excalibur Resources Ltd. ("Excalibur" or the "Company") (CNSX: XBR)(FRANKFURT WKN: A0MMDH) is pleased to announce that it has added to its web-site () a report on its Sturgeon Lake Property written by Dr. James Franklin, a distinguished geologist and recognized expert on volcanogenic massive sulfide-type (VMS) deposits. The western boundary of the Northwestern Ontario property is located approximately 10 km east of 5 past-prod

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Cypress Development Share Issuance for Twenty-One Silver Gold Claims, Nevada 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/16/12 — Cypress Development Corp. (TSX VENTURE: CYP) (PINKSHEETS: CYDVF) announces that it has issued 50,000 common shares and paid the sum of $7500 in connection with its Property Option Agreement dated January 14, 2010 with Robert D. Marvin, whereby the Company has been granted an option to earn a 100% interest, subject to a 2% net smelter royalty, in the Twenty-One Silver Gold Claims located in Mineral County, west central Nevada.Twenty One

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Indemia Gold Provides Corporate Update 0

LAS VEGAS, NV — (Marketwire) — 03/16/12 — Indemia Gold Inc. (PINKSHEETS: CETH) ("Indemia" or "the Company") is pleased to provide a corporate update and respond to recent shareholder inquiries. Since acquiring the Choco Placer mine (the "Project") (see ) the Company has begun implementing a systematic approach toward recommencing production.The Company has outlined a gridded geochemical sampling program expected to commence within the next few weeks. The purpos

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