NAIROBI, KENYA — (Marketwired) — 05/08/13 — Taipan Resources Inc. ("Taipan" or the "Company") (TSX VENTURE: TPN) is pleased to provide the shareholders- letter and operational update below from CEO Max Birley, Nairobi Kenya.Taipan finds its own "string of pearls" on Block 2BDear Fellow Shareholder,It has now been 5 months since I last wrote to you back in November 2012. At that time we had only been in control of the Kenyan assets for 3 months. As we have recen
JOHANNESBURG, SOUTH AFRICA — (Marketwired) — 05/08/13 — AngloGold Ashanti (NYSE: AU) announces the appointment of Mr. Srinivasan Venkatakrishnan (Venkat) as Chief Executive Officer effective immediately.Venkat has been with AngloGold Ashanti for nine years. He was the Chief Financial Officer at Ashanti Goldfields until that company-s merger with AngloGold Limited in May 2004, creating what is now AngloGold Ashanti. Shortly after the merger he became Chief Financial Officer of the combined en
LONDON, ENGLAND — (Marketwired) — 05/08/13 — Arian Silver Corporation ("Arian" or the "Company") (TSX VENTURE: AGQ)(AIM: AGQ)(FRANKFURT: I3A), a silver exploration, development and production company with a focus on projects in the silver belt of Mexico, today announced the Company has drawn down GBP 300,000 of its GBP 5 million Standby Equity Distribution Agreement ("SEDA") with YA Global Master SPV Ltd ("YA"), as announced by the Company on 27 Septe
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/08/13 — EastCoal Inc. (TSX VENTURE: ECX)(AIM: ECX) ("EastCoal" or the "Company") provides clarity on its suspension of trading and announces changes to its Board and management team.Suspension of trading:The Board of Directors of the Company (the "Board") has for some time been pursuing various refinancing opportunities. Active discussions still continue with a number of potential funders with a view to resolving
COLORADO SPRINGS, CO — (Marketwired) — 05/07/13 — Gold Resource Corporation (NYSE MKT: GORO) (the "Company") today announced the timing of its Q1 earnings conference call scheduled for May 9, 2013. Gold Resource Corporation is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The Company has returned over $81 million to shareholders in monthly dividends since declaring commercial production July 1, 2010, and offers shareholders the option to convert
CALGARY, ALBERTA — (Marketwired) — 05/07/13 — Torch River Resources (TSX VENTURE: TCR) ("Torch" or the "Company") ") is pleased to announce a non-brokered private placement of 2,500,000 units (the "Units") at a price of $0.03 per Unit for gross proceeds of approximately $75,000 (the "Offering"). Each Unit will consist of one (1) common share ("Common Share") in the capital of the Company and one (1) Common Share purchase warrant (a &quo
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/07/13 — Megastar Development Corporation ("Megastar", the "Company" or "MDV") (TSX VENTURE: MDV)(FRANKFURT: M5Q) announces that the TSX Venture Exchange has agreed to extend the terms of the following warrants:1. Original Expiry – July 20, 2013. The expiry date has been amended to add two additional years from July 20, 2013 to July 20, 2015. All other terms remain the same.2. Original Expiry – June 1, 2014. The e
SUDBURY, ONTARIO — (Marketwired) — 05/07/13 — Ginguro Exploration Inc. (TSX VENTURE: GEG) (the "Corporation" or "GEG") announces the confirmation and approval by shareholders of amendments to its By-Laws, at the Corporation-s recently held Annual and Special Meeting of Shareholders.Newly confirmed and approved By-Law 2 includes a provision that requires advance notice to the Corporation in circumstances where nominations of persons for election to the Board of Directors
– Record positive March Quarter cash flow from Cairn Hill JV operations of $13.4 million – $34 million Forecast full year cash flow from Cairn Hill JV operations – $82 per tonne FOB forecast cash operating cost for the full year
TORONTO, ONTARIO — (Marketwired) — 05/07/13 — Darnley Bay Resources Limited (TSX VENTURE: DBL) ("Darnley Bay") announced today that it has entered into a purchase and sale agreement (the "Definitive Agreement") with Diadem Resources Ltd. ("Diadem") providing for the purchase by Diadem of Darnley Bay-s interest in the Franklin diamond project in the Parry Peninsula of the Northwest Territories. Under the terms of the Definitive Agreement Diadem will have exclusi
