VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/25/12 — Tigray Resources Inc. (TSX VENTURE: TIG) ("Tigray" or the "Company") is pleased to report diamond drill results for eight new holes in the Northern and Central Lenses at the Terakimti volcanogenic massive sulfide (VMS) copper-gold discovery on the Company-s Harvest project in northern Ethiopia. A helicopter VTEM survey (1,500 line kilometres of airborne electromagnetic, magnetic and radiometric survey) was also comp
TORONTO, ONTARIO — (Marketwire) — 05/25/12 — Victoria Gold Corp. (TSX VENTURE: VIT) "Victoria" or the "Company") ("Victoria" or the "Company") is pleased to announce that it has entered into a Purchase and Sale Agreement (the "PSA") with a wholly-owned subsidiary of Barrick Gold Corporation ("Barrick"), to sell its interest in the Mill Canyon Property (the "Property"), located in Eureka and Lander Counties, Nevada. The Pr
Sales leap 44 percent, Ebitda margin reaches 9.5 percent, full-year guidance upgraded
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/25/12 — Baja Mining Corp. (TSX: BAJ)(OTCQX: BAJFF) announces that it has been advised by Louis Dreyfus Commodities Metals Suisse, S.A. ("LDCMS") that LDCMS has filed a Request for Arbitration with the London Court of International Arbitration pursuant to section 7.2 of the September 28, 2010 Convertible Cost Overrun Facility Agreement between Baja and LDCMS (the "COF"). In its Request for Arbitration, LDCMS seeks among othe
MONTREAL, QUEBEC — (Marketwire) — 05/25/12 — Supremex Inc. ("Supremex"), Canada-s largest provider of stock and custom manufactured envelopes (TSX: SXP), announced today the resignation of Stephane Lavigne, Vice-President and Chief Financial Officer. Mr. Lavigne is leaving to pursue new professional challenges and will officially terminate his duties on June 15, 2012.Gilles Cyr, President and Chief Executive Officer of Supremex Inc. will work closely with the financial team to ens
TORONTO, ONTARIO — (Marketwire) — 05/24/12 — Mammoth Resources Corp. (TSX VENTURE: MTH) ("Mammoth" or the "Company") is pleased to report that at its annual general and special meeting held on May 23, 2012 all resolutions including the appointments of new directors were adopted by shareholders of the Company.Pursuant to the new appointments Mr. Edward Farrauto and Mr. Constantine Salamis have resigned as directors of the Company. Mr. Nigel Kirkwood has also resigned as C
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/24/12 — Yalian Steel Corporation (TSX VENTURE: YL) ("Yalian" or the "Company") announces that it has obtained a trade finance for RMB 30 million (CAD $4.8 million) from the Industry and Commercial Bank of China ("ICBC") to fund the working capital requirements of Yangzhou Yalian Steel Pipe Co., Ltd ("Yangzhou Yalian"), a wholly-owned subsidiary of the Company in China Availability of such trade finance f
TORONTO, ONTARIO — (Marketwire) — 05/24/12 — Russel Metals Inc. (TSX: RUS) announced today that they have signed an agreement to acquire Alberta Industrial Metals Ltd., a metals distribution and processing service center located in Red Deer, Alberta. The acquisition includes the operating assets and the land and buildings. The total purchase price was $30 million. Revenues are approximately $30 million.Brian Hedges, President and CEO of Russel Metals stated "We are extremely pleased to
Calls on Asian Mineral Board to Postpone Shareholder Meeting to Allow Bid to be Considered by Shareholders
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/24/12 — Geodex Minerals Ltd. (TSX VENTURE: GXM)(FRANKFURT: G2W) ("Geodex") announces that it has terminated its contract with Venture North Capital Inc. for investor relations services.About GeodexGeodex is a mineral resource company focused on New Brunswick, Canada with its primary asset being its 30% Sisson ownership interest. Geodex has continued to actively develop its exploration portfolio focused on the discovery of critical me
