MONTREAL, QUEBEC — (Marketwired) — 10/18/13 — Majescor Resources Inc. ("Majescor" or "the Company") (TSX VENTURE: MJX) held its Shareholders- annual and special meeting on October 17th, 2013 in Ottawa at 11:00 a.m. The Company is pleased to announce that:It is the Board of Directors- opinion that the Corporation-s existing issued and outstanding Common Share structure is not conducive to securing additional equity financing and that a restructuring is warranted in order
HALIFAX, NOVA SCOTIA — (Marketwired) — 10/18/13 — Erdene Resource Development Corp. (TSX: ERD) ("Erdene" or "Company"), is pleased to announce it intends to issue, by way of a non-brokered private placement, up to 7,140,000 units at a price of $0.07 per unit for gross proceeds of up to $500,000 ("Private Placement"). Each unit will consist of one common share of the Company and one-half of one common share purchase warrant, with each whole common share purchase
MONTREAL, QUEBEC — (Marketwired) — 10/18/13 — Management of KHALKOS EXPLORATION INC. ("Khalkos" or the "Corporation") (TSX VENTURE: KAS) completed the closing of the private placement announced in September. A total amount of $275,400 was subscribed in this closing. It was composed of 1,840,000 units at $0.05, each comprised of one Common Share and one warrant for an amount of $92,000. In addition, 3,668,000 flow-through units that were subscribed at $0.05 each, for a to
QUEBEC CITY, QUEBEC — (Marketwired) — 10/18/13 — MONARQUES RESOURCES INC. ("Monarques" or the "Company") (TSX VENTURE: MQR)(FRANKFURT: MR7) is pleased to announce that it has signed an agreement to acquire sole control of X-Ore Resources Inc. ("X-Ore"), a wholly-owned subsidiary of Blue Note Mining Inc. ("Blue Note"). X-Ore owns: i) 50% of the Croinor property for which a positive preliminary economic assessment has been filed on and for which X-Ore i
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/18/13 — Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM)(NYSE: SVM) announced changes to its senior management and board of directors. To focus on his role as Chairman of the Board of Directors, providing the Company with leadership and strategic guidance, Dr. Rui Feng is relinquishing the Chief Executive Officer role. The Board of Directors has appointed Myles Gao, Silvercorp-s President, as the new Chief
ST. JOHN-S, NEWFOUNDLAND — (Marketwired) — 10/18/13 — Aurion Resources Ltd. ("Aurion") (TSX VENTURE: AU) reports that it has agreed to amend the Lavington property option agreement with Asher Resources Corp. (TSX VENTURE: ACN) and Cazador Resources Ltd. Aurion acquired a 100% interest in the Lavington copper-gold property from Cazador (see Press Release dated Oct 14, 2009) and subsequently optioned it to Asher in late 2011 (see press release dated Oct 24, 2011). Under the terms of
Initial Results Confirm Excellent Leachability of the Agata Nickel Laterite
TORONTO, ONTARIO — (Marketwired) — 10/18/13 — Olivut Resources Ltd. ("Olivut" or the "Company") (TSX VENTURE: OLV) is pleased to provide a funding update.The terms of the Securities Purchase Agreement (the "Agreement") dated March 12, 2013, between The Canadian Special Opportunity Fund, L.P. ("CSOF") and Olivut provide the flexibility to alter tranche financing based on cash flow requirements and current market conditions. Therefore, Olivut has electe
TORONTO, ONTARIO — (Marketwired) — 10/18/13 — NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.Minemakers Limited (TSX: MAK)(ASX: MAK) wishes to inform the market, that a copy of the following has been today lodged with the ASX:"Annual Report to Shareholders"A digital copy of this announcement can be viewed on our website at under.This news release does not constitute an offer to sell or the solicitation of an offer to buy any ordina
TORONTO, ONTARIO — (Marketwired) — 10/18/13 — As a result of a non-brokered private placement that was completed on October 9, 2013 (the "Private Placement"), 2260761 Ontario Inc. ("2260761") acquired 6,700,000 units ("Units") of Millrock Resources Inc. (TSX VENTURE: MRO) ("Millrock") at a price of $0.0675 per Unit. Each Unit consists of one common share of Millrock (a "Share") and one Share purchase warrant (a "Warrant"), with eac
