TORONTO, ONTARIO — (Marketwired) — 09/04/13 — Mag Copper Limited (CNSX: QUE) (the "Company") is pleased to announce that it has closed on its first tranche of its previously announced non-brokered private placement for aggregate gross proceeds of $290,500 through the issuance of 2,860,000 units ("Units") at a price of $0.05 per Unit and 2,950,000 flow-through units ("FT Units") at a price of $0.05 per FT Unit.Each Unit consists of one common share (a "Comm
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/04/13 — Lucara Diamond Corp. (TSX: LUC)(BOTSWANA: LUC)(NASDAQ OMX First North: LUC) ("Lucara" or the "Company") announces that, it has granted 150,000 incentive stock options to an officer of the Company. The options are exercisable, subject to vesting provisions, over a period of three years at a price of $0.99 per share.About LucaraLucara is a well positioned new diamond producer. The Company has an experienced board and
TORONTO, ONTARIO — (Marketwired) — 09/04/13 — Stroud Resources Ltd. (TSX VENTURE: SDR) ("Stroud") announced that it has raised $138,000 in its previously announced non-brokered private placement of units. Stroud has issued and sold 6,900,000 units at a price of $0.02 per unit, with each unit consisting of one common share and one-half of one non-transferable common share purchase warrant. Each whole share purchase warrant entitles the holder to acquire one common share at a price
TORONTO, CANADA — (Marketwired) — 09/04/13 — Russel Metals Inc. (TSX: RUS) announced today the completion of the installation of a Butech Bliss state-of-the-art Synergy hydraulic roller leveler to its heavy gauge cut-to-length line at its B&T Steel division in Stoney Creek, Ontario. This equipment is designed to process 0.75 inch thick material up to 72 inches wide and is part of the $7 million upgrade to the two cut-to-length lines at its B&T Steel division. This upgrade allows the
COEUR D-ALENE, IDAHO — (Marketwired) — 09/04/13 — Timberline Resources Corporation (NYSE MKT: TLR)(TSX VENTURE: TBR) ("Timberline" or the "Company") announced today its intention, subject to market and other conditions, to commence a public offering of its common stock. The pricing and number of shares of common stock to be offered will be determined in the context of the market.Timberline intends to use the net proceeds from the offering for exploration of our Lookout M
QUEBEC CITY, QUEBEC — (Marketwired) — 09/04/13 — MONARQUES RESOURCES INC. ("Monarques" or the "Corporation") (TSX VENTURE: MQR)(FRANKFURT: MR7) announced today that a total of 850,000 options granted shares to its directors, officers and a consultant. Each stock option entitles the holder to purchase one common share of the Corporation at a price of $ 0.15 per common share for a period of five years from the grant date. Of this number, 650,000 stock options vest immediat
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/04/13 — Venza Gold Corp. (OTCBB: VZAGF) ("Venza") is pleased to announce that it has signed a letter of intent to acquire Core-Comm Holdings Inc. ("Core-Comm"). Core-Comm, a British Columbia private company, is in the process of developing edForm and edForma portals to serve the complex research requirements of English and Spanish education users.Under the proposed terms of the transaction, Venza will acquire Core-Comm thr
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/04/13 — Red Eagle Mining Corporation (TSX VENTURE: RD)(OTCQX: RDEMF) is pleased to announce that on August 30, 2013, Appian Natural Resources Fund LP ("Appian") acquired an additional 3,535,000 common shares of Red Eagle Mining in the market. This acquisition increased Appian-s stake to 8,989,545 shares representing approximately 15.3% of Red Eagle Mining."We are very pleased that Appian has continued to strongly support Red Eag
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/04/13 — Orefinders Resources Inc. (TSX VENTURE: ORX) has completed its work obligations and made the final payment to acquire a 100% interest in the 12 patented claims of the Mirado gold project at Kirkland Lake from Jubilee Gold Exploration Ltd., subject to a 3% NSR. These patented claims cover the area of historic gold exploration and production at Mirado from the 1930-s through 1987. This acquisition is considered to be the core asset of t
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 09/04/13 — Orestone Mining Corp. (TSX VENTURE: ORS) ("the Company") is pleased to announce the following results from the Annual General Meeting of shareholders of the Company ("AGM") held on August 29, 2013. The shareholders elected the following six individuals to the Board of Directors for the ensuing year: David Hottman, John Holmlund, Gary Nordin, Gordon Richards, Bob Wasylyshyn and Doug Willock. The shareholders also ap
