Capital Requirements Now Significantly Reduced; Los Azules Sale Deferred
TORONTO, ONTARIO — (Marketwired) — 06/10/13 — Sage Gold Inc. (TSX VENTURE: SGX) ("the Company") is presently in production financing negotiations with various interested parties for the Clavos Gold deposit located in Timmins, Ontario.The Company is completing a detailed review of all historical production data made available on the Clavos JV mine. It is expected that this review will further enhance the proposed extraction of mineralized material from the existing published resour
MONTREAL, QUEBEC — (Marketwired) — 06/10/13 — RESSOURCES MINIERES PRO-OR INC. (TSX VENTURE: POI) announces that, in accordance with Policy 4.4 from the TSX Venture Exchange and its Corporation Incentive Stock Option Plan, the Board of Directors has approved the grant of a total of 1 350 000 incentive stock options to three executives of the Corporation, one director and two consultants. The options have an exercise price of $0.20 and are granted for a period of three years.The shares issued
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/10/13 — The Board of Directors of West Fraser Timber Co. Ltd. (TSX: WFT) has declared a quarterly dividend of $0.14 per share on the Common shares and Class B Common shares in the capital of the Company, payable on July 15, 2013 to shareholders of record on June 24, 2013.Dividends are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial legislation pertaining to eligibl
TORONTO, ONTARIO — (Marketwired) — 06/10/13 — Stroud Resources Ltd. (TSX VENTURE: SDR) ("Stroud") announced today it has extended the final date for completion of its previously announced non-brokered private placement to July 10, 2013. Stroud announced on April 29, 2013 that it is proposing to issue on a private placement basis 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
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 06/10/13 — Eurasian Minerals Inc. ("Eurasian", "EMX" or the "Company") (TSX VENTURE: EMX)(NYSE MKT: EMXX) announces that it has acquired 8,000,000 units (the "Units") in a non-brokered private placement financing of Iron Creek Capital Corp. (TSX VENTURE: IRN) ("Iron Creek") at a price of CDN$0.06 per Unit for total consideration paid of $480,000. Each Unit consists of one common share in the capi
TORONTO, ONTARIO — (Marketwired) — 06/10/13 — Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that it has extended the maturity dates of its $1.5 billion revolving credit facility and $1.0 billion term loan. The credit facility has been extended by one year to August 10, 2018 from August 10, 2017, and the term loan has been extended by two years to August 10, 2017 from August 10, 2015.The term loan has no mandatory amortization payments. With these extensions having been comple
TORONTO, ONTARIO — (Marketwired) — 06/10/13 — Kinross Gold Corporation (TSX: K)(NYSE: KGC) announced today that the Company will not proceed with further development of the Fruta del Norte (FDN) project in Ecuador. The Company also informed the Government of Ecuador of this decision, and requested its cooperation in ensuring an orderly transition that respects the interests of both parties.After more than two years of negotiations on exploitation and investment protection agreements for the
National Expansion Underway to Joint Venture With Hemp/Organic Suppliers
TORONTO, ONTARIO — (Marketwired) — 06/10/13 — Red Pine Exploration Inc. (TSX VENTURE: RPX) has entered into two Mineral Property Acquisition Agreements to sell the Saracourt and Mortimer gold target properties. These property sales are a result of Red Pine-s continued efforts to divest of certain properties in order to raise capital to fund exploration programs for its more advanced properties. The company believes both these properties have very good potential for gold discovery but will r
