TORONTO, ONTARIO — (Marketwire) — 08/17/12 — Nitinat Minerals Corporation (the "Corporation") (TSX VENTURE: NZZ) announces that Messier Ian Stewart has resigned as a director of the Corporation and Mr. Herb Brugh, the President of the Corporation, has been appointed to the board of directors. The Corporation would like to thank Mr. Stewart for his service and wishes him success in his future endeavors.Mr. Brugh received a Bachelor of Arts from the University of Nebraska in 1961 wi
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/17/12 — AFG Flameguard Ltd. ("AFG" or the "Corporation") (CNSX: AFG) announces the issuance of 1,129,000 units at a price of $0.15 per unit for the total consideration of $169,350.Each unit consists of one common share and one common share purchase warrant ("Warrant"). Two Warrants entitle the holder to purchase one common share of AFG for $0.30, expiring August 16, 2013. The proceeds of the private placement are
TORONTO, ONTARIO — (Marketwire) — 08/17/12 — Minsud Resources Corp. (TSX VENTURE: MSR) ("Minsud" or the "Company") is pleased to announce that it has granted an aggregate of 510,000 incentive stock options under the Company-s stock option plan, inclusive of an aggregate of 315,000 options issued to certain directors and officers. The options are exercisable at $0.19 per share, all of which shall vest one-quarter (1/4) on August 17, 2012, one-quarter (1/4) on February 17,
TORONTO, ONTARIO — (Marketwire) — 08/17/12 — Lake Shore Gold Corp. ("Lake Shore" or the "Company")(TSX: LSG)(NYSE MKT: LSG)(NYSE Amex: LSG) announced that it has increased the size of its previously announced public offering, on a "bought deal" basis, to C$90 million principal amount of convertible senior unsecured debentures, at a price of C$1,000 per debenture, with an interest rate of 6.25% per annum, payable semi-annually on the last day of March and Septem
Trenching to Start On New Gold Discovery at Menneval
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/17/12 — Crazy Horse Resources Inc. (TSX VENTURE: CZH) (the "Company") announce that it has received from the Mines and Geosciences Bureau, Regional Office IVA, Philippines, a favorable endorsement for the conversion of its Taysan Project-s Exploration Permit into a FTAA (Financial or Technical Assistance Agreement).This favorable endorsement from the regional office of the Mines and Geosciences Bureau is an initial critical step in t
CALGARY, ALBERTA — (Marketwire) — 08/17/12 — MGold Resources Inc. (TSX VENTURE: MNI) reports that Mr. Edward Kosowy has resigned as a Director and as Interim Chief Financial Officer effective August 13, 2012.Contacts: MGold Resources Inc. Mr. John E. Squarek, P.Eng., MBA President and Chief Executive Officer 403-388-0969
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/17/12 — Mundoro Capital Inc. (TSX VENTURE: MUN) notes with concern the attempt by Mr. Hong Jun Li (Allen Li), a dissident shareholder, to falsely inflate his qualifications as part of his attempt to mislead shareholders and seize control of Mundoro.Northern Minerals Investment Corp. (NMI), the dissident-s vehicle, claims in its information circular that Mr. Li graduated from Harvard University with an MBA. But in response to an investigation b
TORONTO, ONTARIO — (Marketwire) — 08/17/12 — Andean American Gold Corp. ("Andean" or the "Company") (TSX VENTURE: AAG)(FRANKFURT: AQN) reports that for the three months ended June 30, 2012, it has recorded a net loss US$13,610,824 or US$0.09 per share compared to a net loss of US$7,568 or US$0.00 per share for the same period in 2011. This was mainly due to a write-off of exploration properties of $19,185,013 for the three month ended June 30, 2012 which is as a result o
TORONTO, ONTARIO — (Marketwire) — 08/17/12 — First Bauxite Corporation (TSX VENTURE: FBX)(FRANKFURT: FBI)(BERLIN: FBI) ("First Bauxite" or the "Company") is pleased to announce that it has further strengthened its Board of Directors with the appointment of Mr. Alan Roughead as a Director.Mr. Demetrius (Jim) Heras, one of the co-founders of the Company, who served for three years as its Chairman and an additional six years as a Director and was instrumental in shepherding