SALABERRY-DE-VALLEYFIELD, QUEBEC — (Marketwire) — 05/14/12 — Noranda Income Fund (the "Fund") (TSX: NIF.UN) reported solid first quarter cash provided by operating activities before net changes in non-cash working capital items, supported by the highest premiums since the first quarter of 2008 and near-record sulphuric acid netbacks. Adjusted EBITDA(1) increased to $29 million from $22.7 million in the same quarter a year ago.Q1 2012 and Subsequent Highlights:Come and join us at t
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/14/12 — Sabina Gold & Silver Corp. (the "Company") (TSX: SBB) reported today the financial results for the interim period ended March 31. 2012.Highlights of the quarter include:"We now have eight drills working hard at our Nunavut properties," said Rob Pease, President & CEO. "Initial results from the Llama drilling have been very encouraging and indicate an improvement to the existing resources at that deposit
An innovative cooperative effort between conservationists, local communities and a mining company will contribute $150,000 into enhancing natural resources in Idaho-s Lemhi County.
TORONTO, ONTARIO — (Marketwire) — 05/14/12 — NXA INC. (TSX VENTURE: NXI) ("NXA" or the "Company") further to its press release on June 24, 2011, the Company announces that it intends to consolidate its outstanding common shares on the basis of one (1) new common share for every fifteen old common shares (the "Consolidation"). Immediately following the Consolidation, the Company intends to convert (the "Conversion") the 10% unsecured convertible debent
TORONTO, ONTARIO — (Marketwire) — 05/14/12 — Rex Opportunity Corp. (the "Company") is pleased to announce the appointment of Dr. Colin Bowdidge as a director. The addition of Dr. Bowdidge will more closely align the Company-s board level competencies with the Company-s business objectives.Dr. Colin Bowdidge has a degree in geology and mineralogy from the University of Cambridge and a Ph.D. in geology from the University of Edinburgh. He has over 35 years of practical experience in
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 05/14/12 — Global Hunter Corp. (the "Company") (TSX VENTURE: BOB) is pleased to announce that it has arranged a non-brokered private placement consisting of up to 40,000,000 units to be issued at the price of $0.05 per unit for gross proceeds of up to $2,000,000. Each unit will be comprised of one common share and one-half of one transferable share purchase warrant. One whole warrant will entitle the holder to purchase one common share
MONTREAL, QUEBEC — (Marketwire) — 05/14/12 — Osisko Mining Corporation (the "Company" or "Osisko") (TSX: OSK)(FRANKFURT: EWX) herein provides an update from the preliminary assessment of fire damage incurred last week at the Canadian Malartic Mill and preliminary time estimates of the recommencement of production.Civil engineering inspections have been conducted on the mill floor and roof areas affected by the fire, and safety concerns in the area of the Number 4 cyclone
What if a Powerful Tornado — Bigger Than Any We-ve Seen Before — Ripped Through the Twin Cities? Are We Prepared?
LOS ANGELES, CA and AUCKLAND, NEW ZEALAND — (Marketwire) — 05/14/12 — Hannibal Industries, Inc., a leading storage system manufacturer and provider, announced its strategic alliance with New Zealand-based Scott PHS. Scott PHS was Hannibal Industries- integrating partner on the recent Pallet Shuttle by Autosat® installation at the Lion distribution center in Chelsea Heights, Australia."Scott PHS and their team were instrumental in the design and implementation of the Pallet Shuttle
Better-Than-Expected Results Continue from Site Preparation Work