Shop

Champion Iron Mines Announces Director Resignations 0

TORONTO, ONTARIO — (Marketwired) — 04/02/13 — CHAMPION IRON MINES LIMITED (TSX: CHM)(OTCQX: CPMNF)(FRANKFURT: P02) ("Champion" or the "Company") announces that Jean Depatie, Ashwath Mehra and Joseph Chan have resigned as directors of the Company.About Champion Iron Mines LimitedChampion is an iron exploration and development company with offices in Montreal and Toronto, and is focused on developing its significant iron resources in the provinces of Quebec and Newfoundlan

Read More

Iledor Closes the Acquisition of Mining Properties of Chrome and Platinum Group Elements 0

VAL-D-OR, QUEBEC — (Marketwired) — 04/02/13 — CORPORATION EXPLORATION ILEDOR ("ILEDOR" OR THE "CORPORATION") (TSX VENTURE: ILE) is pleased to announce the closing of the acquisition from Bertrand Brassard of a direct property interest of 100% of 232 mining claims in the Coleraine property located in the Thetford Mines region and of 37 mining claims in the Sterret property in the Asbestos in consideration of the issuing of two millions nine hundred forty thousand (2,940,0

Read More

Mill Bay Ventures Issues Valentine Mountain Technical Report 0

VICTORIA, BRITISH COLUMBIA — (Marketwired) — 04/02/13 — Mill Bay Ventures Inc. (TSX VENTURE: MBV)(PINKSHEETS: MLBVF)(FRANKFURT: M4K) is pleased to announce that it has posted a National Instrument 43-101-compliant technical report relating to its Valentine Mountain property on SEDAR at . The property hosts the Valentine Mountain gold quartz vein prospect, for which a mineral resource estimate is summarized as follows:Average gold intercepts for each zone were tabulated, and values calculate

Read More

Conifex Closes $25 Million Senior Secured Revolving Credit Facility and Discharges 12% Senior Secured Notes 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/02/13 — Conifex Timber Inc. ("Conifex" or the "Company") (TSX VENTURE: CFF) announced today that it has completed a $25 million senior secured revolving asset backed credit facility (the "Facility") with a leading Canadian chartered bank. The Facility is available for a term of 3 years.A portion of the Facility, together with cash on hand, was used to repay in full the previously issued 12% senior secured notes o

Read More

Alphamin Resources Corp.: Bisie Project Update, DRC 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/02/13 — Alphamin Resources Corp (TSX VENTURE: AFM) ("Alphamin" or the "Company") is pleased to announce that a second phase of diamond drilling will commence on its flagship Bisie Prospect at its Bisie Tin Project in North Kivu Province, east central Democratic Republic of Congo (DRC) in April 2013. Initially one drill rig will be used, with a second rig expected on site early in the second Quarter. An infill drilling prog

Read More

Unfavourable Decision for Khan in ARMZ Litigation 0

TORONTO, ONTARIO — (Marketwired) — 04/02/13 — Khan Resources Inc. (CNSX: KRI) ("Khan" or "the Company") announced today that it has received the decision of the Court of Appeal for Ontario in respect of Khan-s attempts to effect service of its lawsuit against Atomredmetzoloto JSC ("ARMZ") in which it is seeking damages of $300 million. The Court of Appeal dismissed Khan-s appeal and its attempts to validate, substitute or dispense with service of the Statement

Read More

Firebird Resources Announces Update to Management Team 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/02/13 — Firebird Resources Inc. (the "Company")(TSX VENTURE: FIX) announces updates to the Management Team effective April 1, 2013.Randy Clifford will join the Company as Chief Financial Officer effective April 1, 2013. Mr. Clifford will assume the role of CFO from Stephen Gledhill, who has resigned effective March 31, 2013. Mr. Clifford brings significant experience to the CFO role. He is also a director of Firebird Energy Inc., a

Read More

Cabia Goldhills Inc. Announces Reorganisation Due to Financial Difficulties 0

MONTREAL, QUEBEC — (Marketwired) — 04/02/13 — Cabia Goldhills Inc. ("Cabia") (TSX VENTURE: CGH) announces that due to the current difficult markets for junior exploration companies, it has been unsuccessful in raising sufficient capital to continue its operations as a going concern. Accordingly, the Board of Directors has decided to focus its remaining financial resources on the preservation of the company-s exploration properties in Colombia and to suspend all head office and oth

Read More

NOVAGOLD Issues Notification of Put Option to Holders of its Convertible Debt 0

VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 04/02/13 — NOVAGOLD RESOURCES INC. (TSX: NG)(NYSE MKT: NG) today notified holders ("Holders") of its outstanding 5.5% Convertible Notes due May 1, 2015 (the "Notes") that they have the option to require NOVAGOLD to purchase for cash all or a portion of their Notes held on May 1, 2013 (the "Put Option"). The Put Option can be exercised commencing today and expiring at 5:00 pm, Eastern Time, on May 1, 2013. NOVAGOLD w

Read More

Pro-Or Signs an Investor Relations Contract With Sun International Communications 0

MONTREAL, CANADA — (Marketwired) — 04/02/13 — Pro-Or Inc. (TSX VENTURE: POI) signed a 12-month service contract with Sun International Communications ("Sun") whereby Sun will provide investor relations, corporate and financial communications services to Pro-Or for an estimated amount of $84 000. In addition, Pro-Or will also issue, as compensation, options to acquire 100,000 common shares of Pro-Or at an exercise price of $0.30 expiring on March 13, 2014.Sun will provide Pro-Or wi

Read More