VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/19/12 — Highbank Resources Ltd. (TSX VENTURE: HBK)(FRANKFURT: V7O) (the "Company") has received its first commitment from West Fraser Concrete Ltd. to purchase 100,000 tonnes of aggregate from its Portland Canal Swamp Point North deposit. West Fraser Concrete operates the only cement plant in Prince Rupert, B.C. The product is f.o.b. Ridley Island in the Port of Prince Rupert.Management continues to identify and develop additional ag
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/19/12 — Spur Ventures Inc. ("Spur" or the "Company") (TSX: SVU)(OTCBB: SPVEF) is pleased to announce that the Company-s common shares will commence trading on the TSX Venture Exchange ("TSXV") effective Friday, March 23, 2012. The Company-s common shares will trade on the TSXV under Spur-s current trading symbol, "SVU".Given the new TSXV listing, at the request of Spur, the Company-s common shares will b
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/19/12 — Nevsun Resources Ltd. (TSX: NSU)(NYSE Amex: NSU) (the "Company") announces the initiation of a common share repurchase program using the normal course issuer bid facility under Toronto Stock Exchange ("TSX") rules. Nevsun has received approval from the TSX to purchase up to 4,009,408 common shares of the Company, representing approximately 2% of the 200,470,415 common shares issued and outstanding as at March 15, 20
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/19/12 — Oracle Mining Corp. ("Oracle Mining" or the "Corporation") (TSX: OMN)(OTCQX: OMCCF)(PINKSHEETS: OMCCF)(FRANKFURT: OMC) is pleased to announce that Doug Nicholson has been appointed Chief Executive Officer by the Board of Directors, effective today.Mr. Nicholson joined Oracle Mining in February as Chief Operating Officer and has undertaken a rigorous review of the Corporation-s operations for the past month. He will
A Successful IPO and New Investment Validates Global China Funding Strategy
TORONTO, ONTARIO — (Marketwire) — 03/16/12 — Melior Resources Inc. (TSX VENTURE: MLR) (-Melior-, the -Corporation-) today announced that it has completed the sale of all of the common stock of its wholly-owned subsidiary, Coalcorp International, AVV, which was the holding company for all of Melior-s off-shore subsidiaries for proceeds of $1. As a result of the transaction, assets of discontinued operations of approximately $3.7 million, liabilities of discontinued operations of approximatel
TORONTO, ONTARIO — (Marketwire) — 03/16/12 — Crystallex International Corporation (OTCQB: CRYFQ) ("Crystallex" or the "Company") announced today that, in light of its financial circumstances, the Company will not be in a position to prepare and file annual audited financial statements and other annual disclosure documents, required by Canadian securities laws in respect of the Company-s financial year ended December 31, 2011, by March 30, 2012. Consequently, following Ma
CALGARY, ALBERTA — (Marketwire) — 03/16/12 — Prize Mining Corporation (TSX VENTURE: PRZ) (the "Corporation" or "Prize") announces that effective at the close of trading, Friday, March 16, 2012, the company-s tier classification will change from Tier 1 to Tier 2.Reader AdvisoryCertain statements contained herein constitute forward-looking statements, most particularly the expected record and meeting date of the Corporation-s next annual general and special meeting. All st
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/16/12 — Lumina Copper Corp. (TSX VENTURE: LCC) (the "Company") is pleased to announce that it has acquired, through its wholly-owned subsidiary, Corriente Argentina S.A., certain mineral concessions in Argentina in close proximity to its Taca Taca project from private individuals, in consideration for approximately US$2.1 million (of which approximately 25% was payable pursuant to the issuance of 42,169 common shares of the Company).
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/16/12 — Barkerville Gold Mines Ltd. (TSX VENTURE: BGM)(FRANKFURT: IWUB) (the "Company") announces that it has been advised that Farshad Shirvani, a director of the Company, was issued a Notice of Hearing from the British Columbia Securities Commission (the "BCSC") dated March 13, 2012 alleging that he failed to disclose in certain regulatory filings the fact that the BCSC issued three cease trade orders against Internationa
