MONTREAL, QUEBEC — (Marketwire) — 03/09/12 — Perlite Canada inc. (the "Company") (TSX VENTURE: PCI) announces hereby the departure of Patrick Whalen from its Board of Directors, effective March 5, 2012.Mr. Patrick Whalen was appointed as director of the Company in April 2010 while being the president and founder of Maroxa Management Inc., a firm specialized in financial management and analysis and in project financing. Mr. Whalen joined the company SynergX Technologies Inc. in Nov
VAL D-OR, QUEBEC — (Marketwire) — 03/09/12 — Stakeholder Gold Corp. ("Stakeholder" or the "Corporation") (TSX VENTURE: SRC) is pleased to announce that, subject to TSX Venture Exchange approval, it has agreed to amend the terms of the following previously issued share purchase warrants:The acceleration clause will be as follow:"If, for any ten (10) consecutive trading days, the closing price of the common shares of the Corporation is more than $0.33, the Corporation
ULAANBAATAR, MONGOLIA — (Marketwire) — 03/09/12 — Undur Tolgoi Minerals Inc. ("UTM" or the "Company")(CNSX: UTM) is pleased to report that its previously announced winter work program is well underway. Our survey crews have now completed over 50% of the sampling program on the Undur Tolgoi licensed property. In addition, the magnetic and gravity work have been completed. UTM anticipates finishing all of the planned soil sampling, magnetic and gravity work within the next
ST.JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 03/09/12 — The $100 million reactivation of St. Lawrence fluorspar mine is a step closer as the Provincial Government finalized the details of its $17 million repayable contribution to Canada Fluorspar Inc. (TSX VENTURE: CFI). During the two-year construction phase, 370 full-time jobs are expected to be created while 175 full-time positions will be maintained at the facility once production begins.The Honourable Keith Hutchings, Minister
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/09/12 — Banks Island Gold Ltd. (TSX VENTURE: BOZ) -Banks Island Gold Ltd. (the "Company") announces that it has received assay results for nine diamond drillholes (1,923m) completed at the Tel Zone in February 2012.Diamond drilling focused on expansion of the current resource at the Tel Zone. Highlights from the recent drilling include intercepts of 50.8gpt Au, 43gpt Ag over 3.0m in drillhole BIG-12-29 and 26.5gpt Au, 13gpt Ag over 2
TORONTO, ONTARIO — (Marketwire) — 03/09/12 — Atacama Pacific Gold Corporation (TSX VENTURE: ATM) ("Atacama Pacific") is pleased to report further drill results the ongoing Phase III drill program at its Cerro Maricunga Gold Project, located 140 kilometres northeast of Copiapo, Chile. Drill assay highlights include:A summary of the drill results is presented in Table 1.Initial Phase III drilling has focused on increasing the size of the Crux Zone which represents the southern centr
TORONTO, ONTARIO — (Marketwire) — 03/09/12 — Takara Resources Inc. ("Takara" or the "Company") (TSX VENTURE: TKK) announces a non-brokered private placement offering for gross proceeds of up to $1,000,000 (the "Offering"). The Offering will comprise the sale of units ("Units") at a price of $0.05 per Unit. Each Unit will consist of one common share in the capital of the Company ("Common Share") and one full non-transferable common share purc
TORONTO, ONTARIO — (Marketwire) — 03/09/12 — Khan Resources Inc. (TSX: KRI) ("Khan" or "the Company") announced today that it has filed its financial statements and management-s discussion and analysis for the three months ended December 31, 2011 on SEDAR and has posted these documents to its website .Highlights for the quarter include:Khan Resources Inc. is a Canadian company engaged in the acquisition, exploration and development of uranium properties. Its current acti
MONTREAL, QUEBEC — (Marketwire) — 03/08/12 — Orbite Aluminae Inc. (TSX: ORT) ("Orbite" or the "Company") has announced the successful conclusion of its Cap-Chat pilot phase and has thus ended pilot operations in order to launch the plant-s conversion to commercial-scale production of high-purity alumina (HPA). The Company plans on producing one tonne of high-purity alumina per day when production begins in 2012, increasing to up to five tonnes per day in 2013.The basic e
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/08/12 — Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to announce the closing of the private placement previously announced on March 1, 2012. Due to investor demand, the Company has increased the size of the non-brokered private placement of common shares to 22,363,866 shares at a price of $0.45 per share for gross proceeds of $10,063,740 (the "Placement").Co
