VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/16/13 — Prophecy Coal Corp. ("Prophecy") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) is pleased to provide the following update regarding its Chandgana coal mine-mouth power plant project (the "Power Project"), located in central Mongolia.As previously announced by Prophecy, all major permits required for the construction of the Power Plant have been received and required studies have been completed, including land use rights
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/16/13 — Prophecy Coal Corp. ("Prophecy" or the "Company") (TSX: PCY)(OTCQX: PRPCF)(FRANKFURT: 1P2) announced that it has closed the first tranche of the non-brokered private placement (the "Private Placement") announced on February 7, 2013. The first tranche of the Private Placement raised gross proceeds of $613,560 through the issuance of 4,382,571 units (each a "Unit") of the Company, of which each Un
TORONTO, CANADA — (Marketwired) — 04/16/13 — REBgold Corporation ("REBgold" or the "Company") (TSX VENTURE: RBG) is pleased to announce that it has received a commitment for an aggregate of approximately $1.4 million of additional funding from investment funds managed or controlled by Baker Steel Capital Managers LLP ("Baker Steel"). Baker Steel-s investment will be part of a non-brokered private placement of up to $2.5 million that the Company intends to compl
TORONTO, ONTARIO — (Marketwired) — 04/16/13 — The following amendment has been made to the Exercise of Options announcement released on 12 April 2013 at 07.30 under RNS No 1809C:All other details remain unchanged.The full amended text is shown below.Caledonia Mining Corporation (TSX: CAL)(OTCQX: CALVF)(AIM: CMCL) (the "Company") received notice today that fourteen (14) holders of share purchase options have exercised options over an aggregate 4,117,300 unconsolidated ordinary shar
WINNIPEG, MANITOBA — (Marketwired) — 04/16/13 — San Gold Corporation (TSX: SGR)(OTCQX: SGRCF) today announced preliminary results of operations at its Rice Lake Mining Complex in Manitoba, Canada for the quarter ended March 31, 2013.Q1 Production HighlightsFirst Quarter 2013 Preliminary Operating ResultsSan Gold produced 17,354 ounces of gold in the first quarter. The operation mined 143,859 tons of ore at an average daily rate of 1,598 tons per day and milled 156,013 tons in the quarter at
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/16/13 — Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX VENTURE: BAR)(OTCQX: BALMF) announces the approval and adoption by its Board of Directors of an advance notice policy (the "Policy"). The purpose of the Policy is to provide shareholders, directors and management of Balmoral with a clear framework for nominating directors of the Company. Balmoral is committed to: (i) facilitating an orderly and ef
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/16/13 — Cardero Resource Corp. ("Cardero" or the "Company") (TSX: CDU)(NYSE MKT: CDY)(FRANKFURT: CR5) announces that Cardero Coal Ltd. has been successful in negotiating an extension of the deadline to exercise the option ("Option") to acquire the shares of a private company ("Shares") that holds 4 coal licenses which form part of the Carbon Creek Metallurgical Coal Project. In addition, the Company is
COEUR D-ALENE, IDAHO — (Marketwired) — 04/16/13 — Timberline Resources Corporation (TSX VENTURE: TBR)(NYSE Amex: TLR)(NYSE MKT: TLR) ("Timberline" or the "Company") today announced that it has filed an updated NI 43-101 technical report on SEDAR demonstrating an increase to the gold resource estimate at its Lookout Mountain Gold Project in central Nevada. Lookout Mountain is the most advanced project within Timberline-s district-scale South Eureka property, which lies wi
TORONTO, ONTARIO — (Marketwired) — 04/16/13 — Unigold Inc. ("Unigold") (TSX VENTURE: UGD)Highlights:The terms of the potential investment are that IFC would make a $5-million investment in the Company at a share price of a 20 day VWAP at $0.25 per share, adding to Unigold-s existing cash reserves of $5.8-million. Following this investment, IFC would hold approximately 20-million common shares in the Company, representing approximately 8.2% of the issued share capital. IFC would al
298,000 INDICATED Au oz @ 3.08 g/t 780,000 INFERRED Au oz @ 2.81 g/t
