VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/12/13 — SilverCrest Mines Inc. (the "Company") (TSX VENTURE: SVL)(NYSE MKT: SVLC) announces that it has entered into a three year US$40 million secured corporate credit facility (the "Facility") with The Bank of Nova Scotia ("Scotiabank"). The credit limit available under the Facility will reduce by US$10 million on each of July 11, 2014 and July 11, 2015, and will mature on July 11, 2016, subject to a one year e
LONGUEUIL, CANADA — (Marketwired) — 07/12/13 — Reunion Gold Corporation (TSX VENTURE: RGD) ("Reunion or the "Company") is pleased to announce that it has received the mineral reserves estimate and results of the pre-feasibility study ("PFS") for its wholly-owned Matthews Ridge Manganese Project in northwest Guyana, South America (the "Project").Highlights (all currency in US dollars):The mineral reserve estimate and PFS were prepared under the direction of
TORONTO, ONTARIO — (Marketwired) — 07/12/13 — Red Pine Exploration Inc. (TSX VENTURE: RPX) ("Red Pine") has recently completed a bedrock sampling program of it Cayenne-Chili Property. The Cayenne-Chili Property consists of 57 contiguous mining claims for 8,704 hectares. The property has been subject to two major tectonic events: an earlier event generating N-S trending folds and a later event generating E-W folding. These have been interpreted as the western extension from the Lar
TORONTO, ONTARIO — (Marketwired) — 07/12/13 — Honey Badger Exploration Inc. (TSX VENTURE: TUF) ("Honey Badger" or the "Company") announces the results of the Spring 2013 drill program on the Radisson Gold property. The company completed 827 meters in four drill-holes to test 4 different gold targets on the property, including gold-bearing shear zones and deformed banded iron-formations. Drill-holes RA-13-01 to RA-13-03 tested the eastern section of the property whereas d
VANCOUVER, BRISTISH COLUMBIA — (Marketwired) — 07/12/13 — Formation Metals Inc. (TSX: FCO) ("Formation" or the "Company") is pleased to provide an update on the Idaho Cobalt Project as well as an update relating to the potential sale of Formation-s Sunshine Precious Metals Refinery at the Big Creek Hydrometallurgical Complex.The Idaho Cobalt Project continues to be the Company-s primary focus. With cobalt prices rising 52% since bottoming in December 2012, this project w
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TORONTO, ONTARIO — (Marketwired) — 07/11/13 — Marengo Mining Limited ("Marengo" or the "Company") (TSX: MRN) (ASX: MMC) (POMSoX: MMC) is pleased to announce that all resolutions detailed in the Notice of Special Meeting of Marengo Mining Limited were approved at the Special Meeting of Shareholders of the Company held at the offices of Bennett Jones LLP, One First Canadian Place, Suite 3400, Toronto, Ontario, Canada, at 4:00 p.m. (Toronto time) on Thursday July 11, 2013.W
TORONTO, ONTARIO — (Marketwired) — 07/11/13 — Stroud Resources Ltd. (TSX VENTURE: SDR) ("Stroud") announced today it has further extended the final date for completion of its previously announced non-brokered private placement to August 11, 2013. Stroud is continuing to market its proposed private placement of up to 20,000,000 units at a price of $0.02 per unit to raise gross proceeds of up to $400,000. Each unit will consist of one common share and one-half of one common share pu
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 07/11/13 — Geodex Minerals Ltd. (TSX VENTURE: GXM)(FRANKFURT: G2W), (the "Company" or "Geodex") announces that it has received the drilling results for its Peaked Mountain target on the Dungarvon Tungsten-Molybdenum-Tin Project in New Brunswick. Six holes were completed on the Peaked Mountain tungsten-molybdenum target for a total of 837 metres for which all results have been received. Results are pending for a further three
MONTREAL, QUEBEC — (Marketwired) — 07/11/13 — Velan Inc. (the "Corporation") (TSX: VLN) announced today that each director nominee listed in the Management Proxy Circular dated May 28, 2013 was elected as Director of the Corporation during the Annual Meeting of the Shareholders held earlier today in Montreal, Quebec.The details of the election are as follows:In addition, PricewaterhouseCoopers, Chartered Accountants, have been appointed as auditors of the Corporation until the nex
