TORONTO, ONTARIO — (Marketwired) — 05/08/13 — Mahdia Gold Corporation (the "Company") (CNSX: MGD) is pleased to announce that it has raised gross proceeds of C$500,000.00 through a non-brokered private placement of units at a price of C$1,000 per unit, each unit consisting of (i) C$1,000 face value of 15% convertible unsecured subordinated debentures (the "Debentures"), and (ii) 600 common share purchase warrants of the Company (the "Warrants"). Each Warrant wi
LONGUEUIL, QUEBEC — (Marketwired) — 05/08/13 — Cerro Resources NL (ASX: CJO)(TSX VENTURE: CJO) is pleased to announce that the Federal Court of Australia has today made orders approving the transaction (Transaction) with Primero Mining Corp (Primero) to effect:The Federal Court-s approval of the Transaction follows approval by eligible Shareholders and optionholders (Securityholders) at the Meetings held on 30 April 2013.The Court Orders will be lodged with the Australian Securities and Inv
VAL-D-OR, QUEBEC — (Marketwired) — 05/08/13 — CORPORATION EXPLORATION ILEDOR ("ILEDOR" OR THE "CORPORATION") (TSX VENTURE: ILE) announces that it still intend to proceed with a non-brokered hard cash and flow-through private placement for an aggregate gross proceed of a minimum of $400,000 and a maximum of $650,000 ("Placement"), as announced by press release on February 21, 2013.The proceed of the Placement will be mainly used for the advancement of the projec
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TORONTO, ONTARIO — (Marketwired) — 05/08/13 — Goldeye Explorations Limited (TSX VENTURE: GGY) ("Goldeye" or the "Company") announces that it has received an Exploration Permit (No. PR-13-10172) from the Ministry of Northern Development and Mines for its Weebigee project near Sandy Lake, Ontario. The Exploration Permit covers activities including mechanized drilling, mechanized stripping and line cutting for a period of three years.Goldeye had previously submitted an Expl
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/08/13 — Copper North Mining Corp. ("Copper North" or the "Company") (TSX VENTURE: COL) is pleased to announce the signing of a loan agreement (the "Agreement" or the "Loan") with an insider of the Company (the "Lender") to secure funds of C$300,000. Proceeds from the Loan will be used for general working capital.The Loan will mature on November 7, 2013 and carry interest at a rate of eight per
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/08/13 — Cypress Development Corp. (TSX VENTURE: CYP) (OTC PINK: CYDVF) (FRANKFURT: C1Z) ("Cypress") and Skyharbour Resources Ltd. (TSX VENTURE: SYH) (OTC PINK: SYHBF) ("Skyharbour") are pleased to announce that further to their news release of February 25, 2013, Cypress and Skyharbour have completed their sale of their 100% interest in their jointly held (Cypress 84.33% and Skyharbour 15.67%) Broulan Reef, Red Lake, Ontari
TORONTO, ONTARIO — (Marketwired) — 05/08/13 — African Gold Group, Inc., ("AGG" or the "Company") (TSX VENTURE: AGG) is pleased to report the analytical results for 57 near surface (oxide), reverse circulation (RC) southern step out drill holes from the Company-s Kobada, Mali gold project.Near Surface (Oxide) Drill Highlights From Southern Step Out RC Holes Include:The assay results detailing mineralized intercepts for the 57 near surface (oxide) southern step out RC hole
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 05/08/13 — Geologix Explorations Inc. (the "Company" or "Geologix") (TSX: GIX)(OTCQX: GIXEF)(FRANKFURT: GF6)(BERLIN: GF6)(MUN: GF6)(STUT: GF6) is pleased to announce that it has sold its Silver Cloud Property ("Silver Cloud") in northern Nevada to Rimrock Gold Corp. ("Rimrock Gold"), a Nevada corporation (OTCQB: RMRK)."Following the release of a positive Prefeasibility Study in March, management at Ge
