MONTREAL, QUEBEC — (Marketwire) — 07/09/12 — Creso Exploration Inc. ("Creso" or the "Corporation") (TSX VENTURE: CXT) (OTCQX: CRXEF) (FRANKFURT: C3X) is pleased to announce that it has completed the closing of a non-brokered private placement for total consideration of $500,000 consisting of the issuance of 10,000,000 units (each a "Unit"). A Unit consists of one common share (a "Common Share") issued on a flow-through basis and one-half of a Common S
TORONTO, ONTARIO — (Marketwire) — 07/09/12 — Dundee Precious Metals Inc. (TSX: DPM)(TSX: DPM.WT.A) (the "Company" or "DPM") will be holding an analyst call to present its Second Quarter Results on Thursday, August 2, 2012 at 9:00 am (E.D.T). The call will be hosted by Jonathan Goodman, President and Chief Executive Officer, who will be joined by Hume Kyle, Executive Vice President and Chief Financial Officer. The call will be accessible via a live webcast and by telephon
TORONTO, ONTARIO — (Marketwire) — 07/09/12 — Reliant Gold Corp. ("Reliant" or the "Company") (TSX VENTURE: REC) is pleased to announce the results of its annual and special meeting of shareholders held on July 5, 2012 in Toronto, Ontario.The shareholders re-elected J. Errol Farr, Andrew Harasimowicz, Trevor Boyd, Michael Boyd and Kabir Ahmed to serve as members of the Board of Directors. The shareholders also re-approved the Company-s rolling stock option plan and re-app
TORONTO, ONTARIO — (Marketwire) — 07/09/12 — At the request of Market Surveillance, on behalf of the Toronto Stock Exchange, Inter-Citic Minerals Inc. (TSX: ICI)(OTCQX: ICMTF) is commenting on recent trading activity in Inter-Citic-s shares.Inter-Citic is engaged in negotiations with a third party interested in acquiring all of Inter-Citic-s shares. The terms of a potential transaction continue to be negotiated and, other than a confidentiality agreement, no written agreement has been enter
MONTREAL, QUEBEC — (Marketwire) — 07/09/12 — Velan Inc. (the "Corporation") (TSX: VLN) announced today that it has amended its normal course issuer bid in order to increase the maximum number of Subordinate Voting Shares (the "Shares") that it intends to repurchase for cancellation during the twelve month period ending October 20, 2012 from 100,000 Shares to 330,440 Shares, representing 5% of the Corporation-s issued and outstanding Shares as at October 12, 2011 (see pre
TORONTO, ONTARIO — (Marketwire) — 07/09/12 — F.D.G. Mining Inc. ("FDG" or the "Company") (TSX VENTURE: FDG) is pleased to report that ongoing work on its Topacio concession in eastern Nicaragua has extended the known strike of the Topacio vein to 3.4 kilometres. An historic drift and mill site, probably from the 1900 to 1917 period of production on the property, was discovered at the northeastern known extent of the Topacio vein. This site is two kilometres east northeas
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/09/12 — Fancamp Exploration Ltd. (TSX VENTURE: FNC) wishes to announce that it has commenced an 8,500 metre drill program on its 100% owned Lac Lamelee iron property, with the objective of establishing an NI 43-101 compliant indicated and measured resource. The program is expected to be completed in October, 2012.A total of 17 holes (5,625 m) have previously been drilled, with the best hole yielding an intersection of 28.4% total iron over 199
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/09/12 — Joel Jeangrand, President & CEO of Great Quest Metals Ltd. ("Great Quest" or the "Company") (TSX VENTURE: GQ)(FRANKFURT: GQM), is pleased to announce that a memorandum of understanding ("MOU") was signed retaining the International Fertilizer Development Center ("IFDC") to conduct specific market and technical studies for its Tilemsi Phosphate Project. IFDC has extensive knowledge of the fert
TORONTO, ONTARIO — (Marketwire) — 07/09/12 — HudBay Minerals Inc. ("Hudbay" or the "company") (TSX: HBM)(NYSE: HBM) senior management will host a conference call on Wednesday, August 15, 2012 at 10 a.m. ET to discuss the company-s second quarter 2012 results and provide an update on development activities.Hudbay plans to issue a news release containing the second quarter 2012 results on Tuesday August 14, 2012, after markets close, and post it on the company-s website. T
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/09/12 — Prominex Resource Corp. (TSX VENTURE: PXR) announces that the directors re-elected Gordon Barron as president and CEO and Allan Innes as CFO and Secretary of the Company following the Annual General Meeting held on July 6, 2012. The Audit Committee is comprised of Chairman Dr. David Stirling and members Mr. Gordon MacNiel and Ms. Liliana Hartwig. The Compensation Committee is comprised of Chairman, Mr. Gordon MacNiel, and member Dr. Da