TORONTO, ONTARIO — (Marketwired) — 12/09/14 — Probe Mines Limited (TSX VENTURE: PRB) ("Probe" or the "Company") is very pleased to announce that President and CEO, Dr. David Palmer, has been named the recipient of the Prospectors & Developers Association of Canada (PDAC) Bill Dennis Award for a Canadian mineral discovery or prospecting success for 2015. Dr. Palmer is receiving this award for the Company–s Borden Gold discovery located near Chapleau, Ontario. The awa
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/09/14 — Platinum Group Metals Ltd. (TSX: PTM)(NYSE MKT: PLG) ("Platinum Group Metals" or the "Company") today announced that the Company has entered into a term sheet (the "Term Sheet") with Sprott Resource Lending Partnership ("Sprott" or "the Lender") for a Senior Secured Operating Loan Facility (the "Facility") of up to US$40 million. The Company will use the proceeds of the Facil
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/09/14 — Platinum Group Metals Ltd. (TSX: PTM)(NYSE MKT: PLG) ("Platinum Group Metals" or the "Company") has announced today that due to general market conditions it is discontinuing its previously announced private offering of 150,000 units consisting of $150,000,000 aggregate principal amount of Senior Unsecured Notes due 2021 and the right for noteholders to receive an aggregate of 55,200,000 common share purchase warran
BURNABY, BRITISH COLUMBIA — (Marketwired) — 12/09/14 — BC Moly Ltd. (the "Company" or "BC Moly") (TSX VENTURE: BM) is pleased to announce that at its Annual and Special General Meeting of Shareholders held on Friday, December 5, 2014 (the "Meeting"), incumbent directors Paul Champagne, Brian Kynoch and Edward Yurkowski were re-elected as directors of the Company. At the Meeting, Shareholders also approved decreasing the number of directors from seven to three a
WICKENBURG, AZ — (Marketwired) — 12/09/14 — Mining Global, Inc. (OTC PINK: MNGG) announced today that it intends to restart ore processing at the Keystone Mine."Now that we have a restructured deal in place we will work on trucking the ore off the property to our processing facility," said Joel J. Natario, Chief Executive Officer of Mining Global, Inc. "We have pushed up our timeline to purchase the ball mill to process this ore and will start processing first week in January.
MONTREAL, QUEBEC — (Marketwired) — 12/09/14 — DIOS EXPLORATION (TSX VENTURE: DOS) undertakes a non-brokered private placement with accredited investors. Officers & directors may participate in this placement which consists of a maximum of 2,150,000 flow-through Common Shares for gross proceeds of $150,500 with share price at $0.07.Proceeds of this placement will be used to complete advanced exploration and research work on hydrothermal magmatic gold targets (Heberto, Robino, etc.) hosted
TORONTO, ONTARIO — (Marketwired) — 12/09/14 — Carpathian Gold Inc. (TSX: CPN) (the "Corporation" or "Carpathian") advises that it has concluded a further extended forbearance and amendment agreement (the "Agreement") with Macquarie Bank Limited ("Macquarie") in respect of the project finance facility (the "Facility") entered into between Macquarie and the Corporation–s wholly-owned subsidiary, Mineracao Riacho dos Machados Ltda. ("MRDM
LONDON, ENGLAND — (Marketwired) — 12/09/14 — Arian Silver Corporation (AIM: AGQ)(TSX VENTURE: AGQ)(FRANKFURT: I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Zacatecas, Mexico, is pleased to announce that the resolutions put to shareholders at the General Meeting which took place earlier today were duly passed on a show of hands.Following the passing of the resolutions at today–s General Meeting, Quintana AGQ Holding Co. LLC wil
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/09/14 — Medgold Resources Corp. (TSX VENTURE: MED), the European-focused gold exploration company, is pleased to announce that it has granted to Centerra Gold Inc. (TSX: CG) the option to acquire up to 70% of the Lagares, Balazar, Castelo de Paiva and Valongo licences in northern Portugal (collectively the "Valongo Belt Property").Dan James, the President of Medgold, said, "The signing of the Option Agreement with Centerra is a
TORONTO, ONTARIO — (Marketwired) — 12/08/14 — Kerr Mines Inc. ("Kerr" or the "Company") (TSX: KER) wishes to confirm that its management is not aware of any corporate development or undisclosed material information of the Company or its operations that would account for the recent increase in market activity.This news release contains forward-looking statements, including current expectations on the timing of the commencement of production and the rate of production, if