TORONTO, ONTARIO — (Marketwire) — 08/17/12 — Excalibur Resources Ltd. (CNSX: XBR)(FRANKFURT: X9CN) is pleased to announce that its 49% owned subsidiary Minera Catanava S.A. de C.V. ("Catanava") has received the permit for use of explosives from the Mexican military called SEDENA ("Secretary of National Defense"). "As the final permit required to begin operations, this is a major milestone as it allows the company to order and use explosives under the supervision of
TORONTO, ONTARIO — (Marketwire) — 08/16/12 — Lake Shore Gold Corp. ("Lake Shore" or the "Company") (TSX: LSG)(NYSE MKT: LSG)(NYSE Amex: LSG) announced today a public offering, on a "bought deal" basis, of C$75 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 September commencing on March 31, 2013 (the "Debent
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/16/12 — Guerrero Exploration Inc. ("Guerrero" or the "Corporation") (TSX VENTURE: GEX) announces that it has closed its previously announced financing by issuing a total of 9,117,000 Units ("Units") at $0.05 each, for total gross proceeds of $455,850.Each Unit consists of one common share and one common share purchase warrant. Each warrant is exercisable for 5 years from closing at an exercise price of $0.10 per c
Confirms Full-Year Earnings Guidance for 2012
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/16/12 — Mundoro Capital Inc. (TSX VENTURE: MUN) has mailed today the following open letter to Mundoro shareholders, along with the GOLD proxy voting material, relating to the company-s upcoming annual and special meeting:(A PDF copy can be found here: )Dear Fellow Shareholder:With little more than a week to go to our annual and special meeting, we are writing to underline the importance of your vote to the future of our company and the value o
ST. JOHN-S, NEWFOUNDLAND AND LABRADOR — (Marketwire) — 08/16/12 — Red Moon Potash Inc. ("the Company" – "Red Moon")(TSX VENTURE: RMK) is pleased to announce that the Company will be listed on the TSX Venture Exchange under the symbol "RMK" on Friday, August, 17, 2012. The Company has also completed a private placement with Vulcan Minerals Inc. for $750,000 for its initial phase of exploration and working capital.Red Moon is a junior exploration company with min
TORONTO, ONTARIO — (Marketwire) — 08/16/12 — United Reef Limited (TSX VENTURE: URP) ("United Reef" or the "Company") is pleased to announce that the Company-s common shares will commence trading under its new name NEW KLONDIKE EXPLORATION LTD. ("New Klondike") effective at the open of trading on Friday, August 17, 2012, under the new trading symbol -NK-. Concurrently with the commencement of trading under the name New Klondike, the Company-s presently issued an
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 08/16/12 — International Tower Hill Mines Ltd. ("ITH" or the "Company") – (TSX: ITH)(NYSE MKT: THM)(NYSE Amex: THM)(FRANKFURT: IW9) announces that Thomas E. Irwin has been promoted to the positions of ITH Vice President, Alaska, and President, Tower Hill Mines, Inc., the U.S. operating subsidiary. Effective immediately, Mr. Irwin will assume responsibility for management of all Alaska activities of the subsidiary for the Liven
JOHANNESBURG, SOUTH AFRICA — (Marketwire) — 08/16/12 — Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas) — Despite the fact that profit was down 22% for the first half of 2012, (NYSE:RIO) (London, England), the third-largest global company, will maintain its capital expenditure target for the full 2012 year at $16 billion. Profits were negatively affected by reduced prices for iron ore, copper and aluminum, and rising costs for ope
The elimination of tariffs has generated business opportunities for Canadian and Colombian businesses creating opportunities for economic growth
