VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/31/13 — Alexco Resource Corp. (TSX: AXR)(NYSE MKT: AXU) today reports it is implementing several cost cutting measures in response to the recent trend of decreasing silver and zinc prices. Workforce reductions, a capital projects roll-back, vendor discussions, deferral of new mine commissioning and executive salary cutbacks are all part of the plan to offset expected decreases in revenue due to lower metals prices. Guidance on silver producti
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/31/13 — Bralorne Gold Mines Ltd. (the "Company") (TSX VENTURE: BPM)(OTCQX: BPMSF)(BERLIN: GV7)(FRANKFURT: GV7)(WKN A0B75M) announces that on April 29, 2013, a Notice of Hearing was issued by the Executive Director of the British Columbia Securities Commission (the "Executive Director") to the Company, Mr. Bill Kocken, the Company-s CEO and Director, and Dr. Matt Ball, the Company-s President, Chief Operating Officer and Di
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/31/13 — Kaminak Gold Corporation (TSX VENTURE: KAM) ("Kaminak" or the "Company") today announced that the board of directors of the Company (the "Board") has approved an Advance Notice Policy effective on May 23, 2013, which will be presented to shareholders of the Company for ratification at its next annual general meeting of shareholders in early 2014. Further, the Company announced that, subject to any require
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/31/13 — Jayden Resources Inc. ("Jayden" or the "Company") (TSX: JDN) announces that at the request of the Company, effective May 31, 2013, BDO Limited (HK), Certified Public Accountants, has resigned as the Company-s auditor to facilitate the appointment of MNP LLP of Vancouver, B.C. as the Company-s new auditor effective immediately.The management of the Company wishes to thank BDO for their dedication and excellent work
TORONTO, CANADA — (Marketwired) — 05/31/13 — Teranga (TSX: TGZ)(ASX: TGZ) is pleased to announce the execution of the definitive agreements contemplated under the Agreement in Principle with the Republic of Senegal previously announced on April 2, 2013.The definitive documentation includes amendments to the Company-s 90% held Sabodala Mining Convention, certain of its exploration permits, and also includes a financial settlement agreement that addresses most of the outstanding tax assessment
SPOKANE, WASHINGTON — (Marketwired) — 05/31/13 — St. Augustine Gold and Copper Limited (TSX: SAU) ("St. Augustine" or the "Company") announced today that it has closed its previously announced private placement with Queensberry Mining and Development Corp. for 55,000,000 shares at a subscription price of US$0.20 per share for a total investment of US$11 million. The funds received will be used for working capital and to further advance the King-king Project. Located in t
MONTREAL, QUEBEC — (Marketwired) — 05/31/13 — TomaGold Corporation (TSX VENTURE: LOT) ("TomaGold" or the "Company") is pleased to report that the following people were elected as directors at its annual and special meeting of shareholders held on May 30, 2013: Roger Boucher, Robert Desjardins, Maurice Giroux, David Grondin and Vittorio Violo.David Grondin, President and Chief Executive Officer of TomaGold, said that: "On behalf of the board of directors, I would lik
CALGARY, ALBERTA — (Marketwired) — 05/31/13 — BACANORA MINERALS LTD. (TSX VENTURE: BCN) (the "Corporation" or "Bacanora") is pleased to announce the appointment of two new directors to its board: Mr. Guy Walker of Wellington, New Zealand and Mr. Martin Fernando Vidal Torres of Hermosillo, Mexico. In order to create the necessary vacancies to effect these two appointments, Mr. Raymond Hodgkinson has resigned his position as a director of the Corporation, but will continue
KELOWNA, BRITISH COLUMBIA — (Marketwired) — 05/31/13 — FISSION URANIUM CORP. ("Fission" or "the Company") (TSX VENTURE: FCU), is pleased to announce that William V. Marsh has joined the Board of Directors and Mr. Anthony Milewski has been appointed to the Executive Advisory Board.Mr. Marsh previously worked on domestic and international drilling programs for Chevron for 15 years both in Canada and Internationally. Mr. Marsh was a former director of Pacific Asia China Ene
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/31/13 — Cancana Resources Corp. (TSX VENTURE: CNY) (the "Company" or "Cancana"), has applied to the Alberta Securities Commission to approve a management cease trade order ("MCTO"). If approved, it is anticipated that the MCTO will be issued effective June 3, 2013. The Company anticipates it may be unable to file its annual financial statements, management discussion and analysis and related Chief Executive Offic
