VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — New Pacific Metals Corp. (TSX: NUX) ("New Pacific" or the "Company") is pleased to announce it has signed a binding letter of agreement (the "Agreement") with Silvercorp Metals Inc. ("Silvercorp") to acquire majority interest in its wholly owned subsidiary, Fortress Mining Inc. ("FMI"). Pursuant to the terms of the Agreement, the Company will pay US$3.5 million to acquire an 80% interes
TORONTO, ONTARIO — (Marketwire) — 12/21/12 — Chieftain Metals Inc. ("Chieftain" or the "Company") (TSX: CFB) is pleased to announce its preparation to publish its full feasibility study results completed by JDS Energy and Mining Inc. in January 2013. As part of this process, it has revised the payback period of the feasibility study on a pre-tax and post-tax basis to 4.3 years (instead of 3.9 and 4.4 years respectively), the post-tax IRR to 14.7% (instead of 14.9%). Acco
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — December 21, 2012 (TSX VENTURE: EAG)(OTCQX: EHECF)(FRANKFURT: EH0) Eagle Hill Exploration Corporation ("Eagle Hill" or the "Company") is pleased to announce the closing of the previously announced Institutional financing (the "Financing") led by Laurentian Bank Securities Inc. The transaction involved the issuance of Quebec Flow-Through common shares and National Flow-Through common shares on a private pla
TORONTO, ONTARIO — (Marketwire) — 12/21/12 — Mustang Minerals Corp. (TSX VENTURE: MUM)(FRANKFURT: NJF) ("Mustang" or the "Company") today announced plans to complete a non-brokered financing for gross proceeds of up to $1,900,000. The proceeds from the financing will be used primarily for exploration and development of the companies Mayville Copper Nickel PGE Deposit and for the Makwa Nickel Project.The financing will consist of a concurrent private placement of non-flow
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/21/12 — True North Gems Inc. (TSX VENTURE: TGX) announces that it has granted 3,950,000 stock options to its directors, officers and consultants. The options have an exercise price of $0.10 per share and will expire on December 21, 2017.This document contains "forward-looking information" and "forward-looking statements" (together, "forward looking statements") within the meaning of applicable securities legislati
MONTREAL, QUEBEC — (Marketwire) — 12/21/12 — Midland Exploration Inc. ("Midland") (TSX VENTURE: MD) is pleased to announce that it has completed its previously announced private placement with Laurentian Bank Securities Inc. (the "Agent") by issuing to accredited investors a total of 769,264 units at a price of $1.30 per unit and 1,105,882 flow-through shares at $1.65 per share, for total gross proceeds to Midland of $2,824,748. The securities issued in the private place
RIMOUSKI, QUEBEC — (Marketwire) — 12/21/12 — Puma Exploration (TSX VENTURE: PUM) is pleased to announce that it has closed a non-brokered private placement financing of flow-through units with an institutional fund. The Company issued 1,333,333 units at an issue price of $0.30 per flow-through unit for gross proceeds of $400,000. The flow-through units are comprised of one flow-through common share and one-half of one common share purchase warrant. Each full warrant will entitle its holder
MONTREAL, QUEBEC — (Marketwire) — 12/21/12 — Osisko Mining Corporation ("Corporation" or "Osisko") (TSX: OSK)(FRANKFURT: EWX) announces the approval and adoption by its board of directors (the "Board") of amendments to its by-laws ("By-Laws") to include advance notice provisions, the purpose of which is to require advance notice be provided to the Corporation in circumstances where nominations of persons for election to the Board are made by sharehold
TORONTO, ONTARIO — (Marketwire) — 12/21/12 — Southern Legacy Minerals Inc. ("Southern Legacy" or the "Company") (TSX VENTURE: LCY) is pleased to announce that its common shares have been listed for trading on the Venture segment of the Lima Stock Exchange (Bolsa de Valores de Lima -BVL-) in Peru.The BVL listing is expected to provide enhanced liquidity in the Company-s common shares as well as to provide Peruvian and Latin America investors with the opportunity to partic
MONTREAL, QUEBEC and TORONTO, ONTARIO — (Marketwire) — 12/21/12 — Osisko Mining Corporation ("Osisko") (TSX: OSK)(FRANKFURT: EWX) and Queenston Mining Inc. ("Queenston") (TSX: QMI)(FRANKFURT: QMI)(OTCQX: QNMNF) are pleased to announce that the Ontario Superior Court of Justice (Commercial List) has approved the previously announced plan of arrangement (the "Arrangement") involving Queenston and Osisko whereby, among other things, Osisko has agreed to acquire al
