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Mining & Metals

Clifton Star Resources Grants Stock Options 0

QUEBEC CITY, QUEBEC — (Marketwired) — 04/16/13 — Clifton Star Resources Inc. ("Clifton Star" or the "Corporation") (TSX VENTURE: CFO)(FRANKFURT: C3T) reports that it has granted 725,000 stock options to the directors and President. The options were granted according to the Option Plan of the Corporation.The incentive stock options granted replace a similar number of incentive stock options that had been granted in the past and that recently expired unexercised. All the i

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Solvista Gold Receives Approval from the TSX Venture Exchange for Warrant Extension 0

TORONTO, ONTARIO — (Marketwired) — 04/16/13 — Solvista Gold Corporation ("Solvista") (TSX VENTURE: SVV)(OTCQX: SVVZF) is pleased to announce that further to its press release dated April 10, 2013, it has received approval from the TSX Venture Exchange for the extension of the expiry dates of certain common share purchase warrants.The expiry date of an aggregate of 11,823,521 warrants has been amended from April 27, 2013 and May 11, 2013, to April 27, 2014 for warrants issued on Ap

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Pinecrest Terminates Option Agreement 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/16/13 — Pinecrest Resources Ltd. (TSX VENTURE: PCR) ("Pinecrest" or the "Company) has terminated its option agreement with Kootenay Silver Inc. (TSX VENTURE: KTN) on the Espiritu project in Sonora, Mexico.Pinecrest management is continuing to seek high potential precious and base metal projects for acquisition.ON BEHALF OF THE BOARDEdward Farrauto, CGA, President and CEOForward-Looking Statements: Statements in this release tha

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Palladon Ventures Ltd.-Important Tax Notice for U.S. Shareholders 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/16/13 — Palladon Ventures Ltd. ("Palladon" or the "Company") (TSX VENTURE: PLL) has determined that because it is a Canadian corporation with more than 50% of its consolidated assets classified as passive, the U.S. Internal Revenue Service considers Palladon to be a passive foreign investment company ("PFIC"). Palladon became a PFIC on March 15, 2010, when it executed the Satisfaction and Settlement agreement tha

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Teranga Eliminates Hedge Book and Increases Cash Balance in First Quarter 0

TORONTO, ONTARIO — (Marketwired) — 04/16/13 — Richard Young, the President and CEO of Teranga Gold Corporation ("Teranga" or the "Company") (TSX: TGZ)(ASX: TGZ), will speak at the 2013 European Gold Forum in Zurich Thursday where he will be providing an update on the progress being made by the Company to generate free cash flow in 2013. Mr. Young will emphasize the key to building a strong financial position is the elimination of the hedge book to allow the Company to se

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Century Issues Conditional WARN Notice at Hawesville, KY Smelter 0

MONTEREY, CA — (Marketwired) — 04/16/13 — Century Aluminum of Kentucky, a wholly owned subsidiary of Century Aluminum Company (NASDAQ: CENX), today issued a conditional notice to employees at its Hawesville, KY aluminum smelter of its intent to curtail 100% of plant operations on August 20, 2013 if the plant cannot secure a competitively priced power contract. The announcement was made pursuant to the federal Worker Adjustment and Retraining Notification Act (WARN). The company also gave con

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New Oroperu Reports Loans 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/16/13 — New Oroperu Resources Inc. (the "Company") (TSX VENTURE: ORO) reports that it has arranged for loans in the aggregate sum of $175,000. The loans will bear interest at the rate of 10% per annum and mature on June 30, 2014. In order to obtain the agreement of the lenders to the making of the loans, the Company has agreed to issue an aggregate of 140,000 common shares as a bonus which will be subject to a hold period of four mo

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Arianne Resources Inc. Amends Warrant Re-Pricing and Extension Plan 0

CHICOUTIMI, QUEBEC — (Marketwired) — 04/16/13 — Arianne Resources Inc. ("Arianne") (TSX VENTURE: DAN)(FRANKFURT: JE9N)(OTCBB: DRRSF) has been informed by the TSX Venture Exchange that one of the conditions of its previously announced (see press release dated March 20, 2013) re-pricing and extension plan for the 4,000,000 common share purchase warrants (the "Warrants") issued as part of its private placement in April 2011 (the "Warrant Re-pricing and Extension Plan&q

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Terraco Adopts Shareholder Rights Plan 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/16/13 — Terraco Gold Corp. ("Terraco" or the "Company") (TSX VENTURE: TEN) announces that today that its Board of Directors has approved the adoption of, and that it has now adopted, a shareholder rights plan (the "Plan") subject to shareholder approval. The Plan is now effective and will require shareholder ratification within six months to remain in place.The Company-s management considers its current market va

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Lomiko Sends 94%-100.00%, High to Ultra Pure Carbon Flake Graphite Samples to Graphene Labs for Graphite to Graphene Testing 0

VANCOUVER, BRITISH COLUMBIA and NEW YORK, NEW YORK — (Marketwired) — 04/16/13 — LOMIKO METALS INC. (TSX VENTURE: LMR)(PINKSHEETS: LMRMF)(FRANKFURT: DH8B) (Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the "Company") announces that it has prepared a variety of high to ultra pure carbon flake graphite samples for testing by Strategic Alliance Partner Graphene Laboratories Inc. ("Graphene Labs"), which has been involved in researching graphene and the development of graphene-re

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