TORONTO, ONTARIO — (Marketwire) — 12/28/12 — Hochschild Mining plc (LSE: HOC) ("Hochschild") is pleased to announce that its wholly owned subsidiary, 1710503 Alberta Ltd. (the "Offeror") has, pursuant to its November 16, 2012 offer (the "Offer") to acquire all of the outstanding common shares ("Shares") of Andina Minerals Inc. ("Andina") for CAD $0.80 per Share in cash, received to date tenders of 112,124,252 Shares, representing approximate
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/28/12 — Yalian Steel Corporation (TSX VENTURE: YL) announces that it has entered into a support agreement (the "Support Agreement") with 0957703 B.C. Ltd. (the "Offeror"). The Offeror is a company wholly-owned by Mr. Xin Duo Yu ("Mr. Yu"), Yalian-s chairman of the board, who holds 14.74% of the issued and outstanding common shares in the capital of Yalian. Pursuant to the terms of the Support Agreement, the Offero
LAVAL, CANADA — (Marketwire) — 12/28/12 — Diamond Frank Exploration Inc. ("Diamond Frank") (TSX VENTURE: DOD) is pleased to announce that it has completed a non-brokered Private Placement for aggregate proceeds of $116,000. The Offering is comprised of 2,320,000 flow-through common shares at a price of $0.05 per share and 2,320,000 subscription warrants. Each warrant will entitle its holder to subscribe for one (1) common share of Diamond Frank at the price of $0.10 per share for
LAVAL, CANADA — (Marketwire) — 12/28/12 — Typhoon Exploration Inc. ("Typhoon") (TSX VENTURE: TYP) is pleased to announce that it has completed a non-brokered Private Placement for aggregate proceeds of $146,000. The Offering is comprised of 1,460,000 flow-through common shares at a price of $0.10 per share and 1,460,000 subscription warrants. Each warrant will entitle its holder to subscribe for one (1) common share of Typhoon at the price of $0.12 per share for a period of 36 mon
MONTREAL, QUEBEC — (Marketwire) — 12/28/12 — Adventure Gold Inc. (TSX VENTURE: AGE) ("AGE", the "Corporation") announces the closing of a non-brokered private placement offering (the "Offering"). In total, the Company issued 1,025,000 flow-through shares at a price of $0.42 per share for gross proceeds of $430,500.In connection with the Offering, the Company didn-t pay any finder-s fee. All securities issued in the Offering will be subject to a four month hold
MONTREAL, QUEBEC — (Marketwire) — 12/28/12 — Bowmore Exploration Ltd. (TSX VENTURE: BOW) ("Bowmore" or the "Company") has closed a $425,000 non-brokered flow-through private placement (the "Placement") with Canadian investors consisting of 1,416,666 units (the "Units") at a price of $0.30 per Unit. Each Unit is comprised of one flow-through common share and one-half of one common share purchase warrant. Each whole warrant entitles the holder thereof t
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/28/12 — Starcore International Mines Ltd. (TSX: SAM) ("Starcore" or the "Company") announces that in 2013 it will focus on increasing shareholder value through exploration and development at its wholly-owned San Martin gold and silver mine in Queretaro, Mexico. In order to achieve this goal, Starcore has scheduled an enhanced exploration program to commence in February 2013, comprised of 5000 meters of drilling to unlock th
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/28/12 — South American Silver Corp. (TSX: SAC)(PINKSHEETS: SOHAF) (the "Company") is pleased to announce that today it acquired ownership of 15,580,000 common shares ("Common Shares") of the High Desert Gold Corporation (the "Issuer"), a company listed on the TSX Venture Exchange (TSX VENTURE: HDG). As a result of the purchase, South American Silver Corp. now owns 15,580,000 Common Shares of the Issuer representin
PORTLAND, OR — (Marketwire) — 12/28/12 — FLIR Systems, Inc. (NASDAQ: FLIR) announced today that it has acquired the stock of Traficon International NV, a leader in video detection technologies for traffic applications, for approximately $46 million in cash.Traficon, based in Wevelgem, Belgium, is a global leader in video image processing software and hardware for traffic analysis. Traficon produces intelligent technology that makes traffic safer and more efficient through solutions for autom
MONTREAL, QUEBEC — (Marketwire) — 12/28/12 — Creso Exploration Inc. ("Creso" or the "Corporation") (TSX VENTURE: CXT)(FRANKFURT: C3X) announces the closing of part of the non-brokered private placement announced earlier this month. The Corporation issued 3,400,000 "flow-through" units (each, a "FT Unit") and 8,400,000 units (each, a "Unit"). Each of the FT Units and Units was issued at a price of $0.05 for aggregate gross proceeds of $590,00