VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/21/13 — HUDSON RESOURCES INC. (the "Company") (TSX VENTURE: HUD)(OTCQX: HUDRF) is pleased to announce the 2012 drill results for the Sarfartoq light rare earth element ("REE") project in Greenland. A total of 5,555 meters of diamond core drilling was completed in connection with rare earth exploration and development. Nineteen holes were drilled in the vicinity of the ST1 Zone resource. The other four were exploration holes
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/21/13 — Duncastle Gold Corp. ("Duncastle") (TSX VENTURE: DUN)(FRANKFURT: 5D3) announced today that it has signed a Letter Agreement (the "Agreement") with Armex Mining Corp ("Armex") whereby Duncastle intends to sell 100% of its interest in the Yankee-Dundee Project in Southeast British Columbia to Armex in exchange for advance royalty payments, royalty payments, and production payments.The Yankee-Dundee Project i
WEST VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/21/13 — Carmax Mining Corp. ("Carmax") (TSX VENTURE: CXM) is pleased to announce that it has signed a Letter of Intent to acquire ownership of a British Columbia Corporation and its wholly owned Dominican Republic subsidiary specifically for the purpose of acquiring the underlying assets of the subsidiary which consists of a 100% interest in and to two mineral exploration concessions located in the Dominican Republic. The aggreg
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/21/13 — Passport Potash, Inc. (TSX VENTURE: PPI)(OTCQX: PPRTF)("Passport" or the "Company") announces a non-brokered private placement of convertible debentures for up to $2.5 million at an interest rate of 15% (the "Offering"). The principal amount of the debentures is convertible into common stock of the Company at the option of the subscriber, in whole or in part, at a price of US$0.19 per share for a period of
LONDON — (Marketwire) — 01/21/13 — Harmonic Energy Inc. (OTCQB: ASUV) is a company focused on vertically integrated tyre manufacturing and recycling using an innovative approach to energy efficiency and sustainability, has initiated its funding negotiations and due diligence on investment structuring with several lenders. The effort is being led by Jamie Mann, Chief Executive who states, "The objective is to achieve a combination of equity based financing, combined with possible asset b
OTTAWA, ONTARIO — (Marketwire) — 01/21/13 — Aura Silver Resources Inc. (TSX VENTURE: AUU) ("Aura Silver" or the "Company") is pleased to announce that a high quality gold target referred to as the Dingo prospect and an adjacent copper prospect have been outlined through a comprehensive interpretation of geochemical data at its wholly-owned Greyhound property in Nunavut. These new discoveries add to the excellent potential of the property where previous results identified
VAL-D-OR, QUEBEC — (Marketwire) — 01/21/13 — Metanor Resources Inc. ("Metanor") (TSX VENTURE: MTO) is pleased to release an update regarding the current drilling program at its Bachelor project.Following the bulk sampling program of 5,000 tonnes in July (Refer to press release dated July 12th 2012), the company did significant progress in developing its underground infrastructure required to eventually begin its commercial production. In November 2012, the company began its long h
Fourth Quarter 2012 Adjusted Diluted Earnings per Share Expected Above Previously Announced Range (1)
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 01/21/13 — Canarc Resource Corp. (TSX: CCM)(OTCBB: CRCUF)(DBFrankfurt: CAN) announces that it has closed the final tranche of its previously announced non-brokered private placement.The final tranche of the private placement consisted of 1,600,000 units at CAD$0.11 per unit for total proceeds of CAD$176,000 with each unit comprised of one common share and one share purchase warrant. Canarc-s newest major shareholder, Canford Capital, participated
SALABERRY-DE-VALLEYFIELD, QUEBEC — (Marketwire) — 01/21/13 — Noranda Income Fund (TSX: NIF.UN) announced today that the Board of Trustees of Noranda Operating Trust has approved a distribution for the month of January 2013 of $0.04167 per priority unit (each, a "Priority Unit") payable on February 25, 2013 to Priority Unitholders of record as at the close of business on January 31, 2013.There is no assurance that monthly distributions will continue in the future, nor is there any
