VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/13 — High Desert Gold Corporation ("HDG" or the "Company") (TSX VENTURE: HDG)(OTCQX: HDGCF) has now received final results from the last 11 holes of the 53 drill hole program completed in 2012. Results expand the potential strike length of the gold mineralization previously reported at Grey Eagle in Nevada where several intercepts of plus 6 g/t gold have been located and previously reported (see HDG PR12-14, Aug. 16, 20
TORONTO, ONTARIO — (Marketwire) — 02/15/13 — Khan Resources Inc. ("Khan" or the "Company") (CNSX: KRI) is pleased to announce that a total of 1,675,000 stock options to purchase common shares of Khan were granted to employees, officers and directors yesterday at an exercise price of $0.20 per share and expiring on February 14, 2016. The grant is subject to regulatory approval.Under Khan-s stock option plan (the "Stock Option Plan"), 9.58% of the issued and outs
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/13 — THEMAC Resources Group Limited (TSX VENTURE: MAC) ("THEMAC" or the "Company") today announced that Andre Douchane will be stepping down as Chief Executive Officer, effective March 1, 2013, to pursue other business interests. The Company expects to be in a position to announce his successor in the next seven to ten days.Mr. Douchane joined the Company in August of 2011, and successfully guided the completion of the p
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/13 — Sandstorm Metals & Energy Ltd. ("Sandstorm Metals" or the "Company") (TSX VENTURE: SND) is pleased to announce that it has entered into a US$5 million production based metal credit purchase agreement (the "Copper Funding Agreement") with Entree Gold Inc. ("Entree") (TSX: ETG)(NYSE MKT: EGI) (via a back-to-back agreement with Sandstorm Gold Ltd. ("Sandstorm Gold") which has entered i
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/13 — Sandstorm Gold Ltd. ("Sandstorm" or the "Company") (TSX: SSL)(NYSE MKT: SAND) is pleased to announce that it has entered into a US$55 million financing package with Entree Gold Inc. ("Entree") (TSX: ETG)(NYSE MKT: EGI) which includes a US$40 million production based metal credit purchase agreement (the "Funding Agreement"), a CAD$10 million private placement and a US$5 million net smelter returns
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/13 — Entree Gold Inc. (TSX: ETG)(NYSE MKT: EGI)(FRANKFURT: EKA) ("Entree" or the "Company") announces that it has entered into a comprehensive financing package with Sandstorm Gold Ltd. (TSX: SSL)(NYSE MKT: SAND) ("Sandstorm") for immediate gross proceeds of approximately US$55 million.The financing package consists of three key components:Transaction HighlightsGreg Crowe, President and CEO, noted, "This f
TORONTO, ONTARIO — (Marketwire) — 02/15/13 — Forbes & Manhattan Coal Corp. ("Forbes Coal") (TSX: FMC)(JSE: FMC) advises that it has notified Riversdale Mining Limited ("RML") of the cancellation of the agreement between Forbes Coal and RML ("the agreement") for the acquisition by Forbes Coal of 100% of the shares and shareholder claims of Riversdale Holdings (Proprietary) Limited, which is the 74% shareholder of Zululand Anthracite Colliery ("ZAC"
TORONTO, ONTARIO — (Marketwire) — 02/15/13 — Castillian Resources Corp. (TSX VENTURE: CT)(OTCQX: CTIIF) ("Castillian" or the "Company") will consolidate its common shares on the basis of one new common share for every five common shares outstanding effective as of February 19, 2013.Castillian currently has 337,611,797 common shares outstanding and, following the share consolidation on a five for one basis, will have approximately 67,522,359 common shares outstanding. The
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/15/13 — Forum Uranium Corp. (TSX VENTURE: FDC) ("Forum" or the "Company") is pleased to announce that it has increased its private placement previously announced on January 14, 2013 and January 23, 2013 from $2,000,000 to $2,500,000.Proceeds from this financing will be used for drilling in the Maurice Bay deposit area on the NW Athabasca project, exploration on the newly acquired Clearwater claims adjacent to the Fission/Al
– Fourth quarter performance in line with expectations, contributing to record 2012 adjusted earnings – Increased annual production achieved with strong operating performance from Chelopech – Capital projects progressing well – expansion at Chelopech successfully completed in December 2012; NCS- new gas handling systems on track to be commissioned in February 2013; and installation of lead circuit at Deno Gold completed in January 2013 with commissioning underway – Delivered lower mining cash co