SALABERRY-DE-VALLEYFIELD, QUEBEC — (Marketwire) — 12/10/12 — Noranda Income Fund (the "Fund") (TSX: NIF.UN) announced today that it has completed the previously announced internal reorganization, which eliminates the requirement for in-kind distributions, commencing in fiscal 2012.As a result of this reorganization, it is expected that unitholders will be taxed only on the income they receive as cash distributions.The reorganization will not affect any of the arrangements between
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/10/12 — Colombian Mines Corporation (TSX VENTURE: CMJ)(FRANKFURT: X6C) ("Colombian Mines" or "the Company") is pleased to announce recent reconnaissance sampling has returned values to 49.8 grams (1.6 troy ounces) gold per tonne, 526 grams (16.9 troy ounces) silver per tonne, and 17.05% copper from the Company-s new 100% owned Mercedes Contract. The highest silver value of 773 grams (24.9 troy ounces) is associated with the
TORONTO, ONTARIO — (Marketwire) — 12/10/12 — Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) ("Mustang" or the "Company") is excited to announce significant assay results from a step out hole located approximately 250 metres east of the Mayville Cu-Ni Deposit.The drill hole successfully intersected Mayville M2 type copper-nickel mineralization in favourable Mayville Intrusion host rocks and highlights potential for further mineralization along a one kilometre g
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/10/12 — Atico Mining Corporation (TSX VENTURE: ATY) is pleased to announce additional results from its ongoing underground drilling program at the El Roble mine.The company reports results of 10 new diamond drill core holes, including 4 production holes drilled by Minera El Roble, current operator of the El Roble mine, and independently sampled and assayed by Atico. Reported drill holes extend the limits of massive sulfide bodies previously in
TORONTO, ONTARIO — (Marketwire) — 12/10/12 — Canadian Orebodies Inc. (TSX VENTURE: CO) ("the Company") is pleased to announce additional assay results from the summer drill program at the Haig Inlet Iron Project ("Haig Inlet"), located on the Belcher Islands in Nunavut, Canada."We are very encouraged by the initial drill results at Kihl Bay, which demonstrated good thickness and grade at shallow depths," said Gordon McKinnon, President & CEO of Canadian Ore
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/10/12 — Candente Copper Corp. (TSX: DNT)(PINKSHEETS: CCOXF)(LMA: DNT) ("Candente Copper" and/or the "Company") wishes to provide an update on the status of the Canariaco Norte project.Community Status and ActivityThe Company has been in direct communication with all relevant government authorities regarding the illegal activities that occurred last week and has their full support. Police have been assigned to the area to pr
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/09/12 — Citation Resources Inc. (the "Company") (TSX VENTURE: CTT) announces that the Company-s board of directors has approved the granting of 450,000 incentive stock options to directors and officers of the Company in accordance with its stock option plan. The options are exercisable at $0.105 per share and have an expiry date of December 7, 2017.About Citation ResourcesCitation Resources Inc. is a growth-oriented, Canadian mining
WEST PERTH, AUSTRALIA — (Marketwire) — 12/09/12 — IMX Resources Limited (TSX: IXR)(TSX: IXR.WT)(ASX: IXR) (-IMX- or the -Company-) is pleased to announce that the Line of Credit previously secured by Termite Resources NL (-Termite-), and reported in May(1) has been fully repaid.The Line of Credit with LinQ Resources Fund has been repaid out of continued positive cash flows from the Cairn Hill Mining Operation during the December 2012 quarter however it remains in place providing the Joint V
CALGARY, ALBERTA — (Marketwire) — 12/07/12 — Canexus Corporation (TSX: CUS) (the "Corporation" or "Canexus") today announced Board of Director approval of the expansion of its North American Terminal Operations ("NATO") at Bruderheim, Alberta to include pipeline connected unit train operations. The Corporation also announced that formal agreement has been reached with MEG Energy Corp. ("MEG") to connect the Canexus Bruderheim terminal ("Bruderhei
TORONTO, ONTARIO and VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/07/12 — Argonaut Gold Inc. ("Argonaut") (TSX: AR) and Prodigy Gold Inc. ("Prodigy") (TSX VENTURE: PDG) are pleased to announce that the Supreme Court of British Columbia has today granted the final order approving the previously announced plan of arrangement whereby Argonaut will acquire all of the issued and outstanding common shares of Prodigy.Accordingly, as previously announced, trading of Prodigy
