IRVINE, CA — (Marketwire) — 10/12/11 — Itonis, Inc. (PINKSHEETS: ITNS) today announced that the Company has signed a binding Memorandum of Understanding with a newly acquired subsidiary, officially entering the scientific technology sector. This agreement is the result of many months of ongoing negotiations and due diligence, including the process of obtaining an independent valuation of the new acquisition by the EMCO / Hanover Group.Since 1971, the EMCO / Hanover Group has concluded more
ROUYN-NORANDA, QUEBEC, CANADA — (Marketwire) — 10/12/11 — GLOBEX MINING ENTERPRISES INC. (TSX: GMX)(FRANKFURT: G1M)(OTCQX: GLBXF) is pleased to provide shareholders with the assay results of two drill holes, undertaken on our manganese-iron property near Woodstock, New Brunswick.Two holes were drilled back to back, due to the physical characteristics of the topography and access issues. The first hole GNB11-2 was drilled at 110 degrees for a length of 320 meters. The second hole GNB11-3 wa
HALIFAX, NOVA SCOTIA — (Marketwire) — 10/12/11 — Gregory Isenor, P.Geo., President and CEO of Merrex Gold Inc. ("Merrex") (TSX VENTURE: MXI) announces that Merrex has engaged H. Andrew Daniels, P.Geo., as an independent geological advisor for its Siribaya Gold Project in West Mali.Mr. Daniels- scope of engagement includes a comprehensive review of all exploration data accumulated since the project was begun in 2006, and an independent interpretation of that data based upon his rev
RIMOUSKI, QUEBEC — (Marketwire) — 10/12/11 — Ressources Appalaches (TSX VENTURE: APP) is pleased to inform its shareholders that it has made the final $1,500,000 payment on its own behalf, thereby acquiring 100% of the Dufferin Mine in Nova Scotia for a total amount of $4,000,000. The property is free of any royalty (NSR). The transaction comprises the acquisition of the Dufferin Mine, which employs ramp-access mining, together with its processing plant (mill), the mining lease, and the inf
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/12/11 — (All figures are in United States dollars unless otherwise stated) -Minefinders Corporation Ltd. ("Minefinders" or "the Company") (TSX: MFL)(NYSE Amex: MFN) is today reporting its production and sales results for the quarter ended September 30, 2011. Full financial and operating results for the quarter will be released after market close on Monday, November 7, 2011.For the nine months ended September 30, 2011 Minefi
PERTH, WESTERN AUSTRALIA — (Marketwire) — 10/12/11 — Paladin Energy Ltd ("Paladin" or "the Company") (TSX: PDN)(ASX: PDN) today announced an adjustment of the Conversion Price in connection to the US$325M convertible bonds due 11 March 2013 and the US$300M convertible bonds due 4 November 2015 (together, the "Bonds").Pursuant to the terms of the Bonds the prevailing Conversion Price is subject to adjustment where any new issue of shares is at less than 95% of t
TORONTO, ONTARIO — (Marketwire) — 10/11/11 — Lake Shore Gold Corp. (TSX: LSG)(NYSE Amex: LSG) ("Lake Shore Gold" or the "Company") today reported higher commercial production from the Company-s 100% owned Timmins Mine in the third quarter of 2011 compared to the first two quarters of the year. Details of the Company-s performance during the third quarter and first nine months of 2011 are listed below.Tony Makuch, President and CEO of Lake Shore Gold, commented, "We
TORONTO, ONTARIO — (Marketwire) — 10/11/11 — IAMGOLD Corporation ("IAMGOLD" or the "Company") (TSX: IMG)(NYSE: IAG) today announced the following for the third quarter of 2011:IAMGOLD-s President and Chief Executive Officer, Steve Letwin said, "The performance of assets where we are the principal owner and operator has greatly improved this quarter, specifically at the Rosebel mine in Suriname and the Essakane mine in Burkina Faso. The second quarter production issu
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/11/11 — Argentum Silver Corp. (TSX VENTURE: ASL) ("Argentum" or the "Company") announces the grant of incentive stock options to a consultant of the Company to purchase up to 100,000 common shares in the capital stock of the Company pursuant to an approved share option plan. The options are exercisable at a price of $0.25 per share on or before October 6, 2012, subject to the approval of the TSX Venture Exchange.About Argen
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 10/11/11 — International Enexco Ltd. (TSX VENTURE: IEC)(OTCQX: IEXCF)(FRANKFURT: IE6) (the "Company" or "Enexco") is pleased to announce a non-brokered private placement of 6,250,000 units (each a "Unit") at a price of $0.40 per Unit for aggregate proceeds of $2,500,000. Each Unit is comprised of one common share and one half of one share purchase warrant. Each "whole" share purchase warrant (a "Warran