BRIDGEWATER, NOVA SCOTIA — (Marketwired) — 10/30/14 — Silver Spruce Resources Inc. (TSX VENTURE: SSE) ("Silver Spruce") is pleased to announce it has closed its first tranche of its previously announced non-brokered private placements raising gross proceeds of $141,500 (the "First Offering").The offering consisted of the issuance of 2,730,000 flow-through units ("FT Units") of Silver Spruce. Each FT Unit was offered at a price of $0.05 per FT Unit and consisted
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/30/14 — Medallion Resources Ltd. (TSX VENTURE: MDL)(OTCQB: MLLOF)(FRANKFURT: MRD) ("Medallion" or the "Company") today announced the initiation of lab-scale extraction tests of rare earths from monazite. The extraction will use the standard commercial monazite process to produce a rare-earth chemical concentrate, co-products and waste materials of the type expected from a commercial operation. The rare-earth concentrate wi
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/29/14 — Canfor Pulp Products Inc. ("CPPI") (TSX: CFX) today reported net income of $24.3 million, or $0.34 per share, for the third quarter of 2014, compared to $18.8 million, or $0.27 per share, for the second quarter of 2014 and $9.1 million, or $0.13 per share, for the third quarter of 2013. For the nine months ended September 30, 2014, the Company–s net income was $68.8 million, or $0.97 per share, compared to $27.6 million, or
TORONTO, ONTARIO — (Marketwired) — 10/29/14 — Lake Shore Gold Corp. (TSX: LSG) (NYSE MKT: LSG) ("Lake Shore Gold" or the "Company") today announced financial and operating results for the third quarter and first nine months of 2014. Full details of the results are provided in the Company–s Management–s Discussion & Analysis, which is available on the Company–s website at and on SEDAR at . Key highlights of the results include:Third Quarter 2014 ("Q3/14"
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/29/14 — Arrowhead Gold Corp. (the "Company") (CSE: AWH) announces that further to the Company–s news release dated October 24, 2014, the Company delisted its common shares from the TSX Venture Exchange (the "TSXV") at the close of business day on October 29, 2014 and will commence trading its common shares on the Canadian Securities Exchange (the "CSE") on October 30, 2014. The Company–s name and trading symbol
NEW WESTMINSTER, BRITISH COLUMBIA — (Marketwired) — 10/29/14 — Cabo Drilling Corp. ("Cabo" or the "Company") (TSX VENTURE: CBE) reports results for its fourth quarter and fiscal year ended June 30, 2014.SELECTED ANNUAL HIGHLIGHTSThe Company reports:"Cabo Drilling has dramatically reorganized its drilling operations in Canada, including closing its Montreal division and moving all geotechnical drilling equipment and management to our other divisions. Consequently, we
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/29/14 — Fortress Paper Ltd. ("Fortress Paper" or the "Company") (TSX: FTP) provides a general corporate update relating to its operations.IQ Loan DeferralThe Company has reached an agreement in principle with Investissement Quebec ("IQ"), pursuant to which the Company has been, and will continue to be, granted a temporary deferral on its principal and interest payments under its C$102.4 million project financing
TORONTO, ONTARIO — (Marketwired) — 10/29/14 — Centerra Gold Inc. (TSX: CG) announced today its Board of Directors has authorized a quarterly dividend of Cdn$0.04 per common share (dividend totals approximately US$8.5 million at the current exchange rate). The dividend of Cdn$0.04 per common share is payable on November 27, 2014 to shareholders of record on November 13, 2014. The ex-dividend date will be November 11, 2014.The dividend is an eligible dividend for Canadian income tax purposes.
TORONTO, ONTARIO — (Marketwired) — 10/29/14 — SummaryHudBay Minerals Inc. ("Hudbay" or the "company") (TSX: HBM)(NYSE: HBM) today released its third quarter 2014 financial results. In the third quarter of 2014, operating cash flow before change in non-cash working capital decreased to $11.7 million from $12.8 million in the third quarter of 2013. Operating cash flow in the third quarter was negatively impacted by approximately $12.0 million in costs incurred in connection
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/29/14 — Reservoir Minerals Inc. ("Reservoir" or the "Company") (TSX VENTURE: RMC)(PINKSHEETS: RVRLF)(BERLIN: 9RE) is pleased to report that diamond drilling has resumed with five rigs operating on the Cukaru Peki deposit and other copper-gold targets in the Timok Project permits in eastern Serbia. The Timok Project (comprising the Brestovac-Metovnica, Jasikovo-Durlan Potok and Leskovo exploration permits) is a joint venture
