VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/07/12 — Paget Minerals Corp. (TSX VENTURE: PGS) ("Paget" or the "Company") announces that it has granted a total of 775,000 incentive stock options (the "Options") to directors and officers of the Company. The Options are exercisable at $0.15 per share for a period of five years from the date of grant and vest on the basis of 50% upon the date of grant and 50% upon the first anniversary of the date of grant. The O
TORONTO, ONTARIO — (Marketwire) — 12/07/12 — Augustine Ventures Inc. (CNSX: WAW) ("Augustine" or the "Company") is pleased to announce that it has received conditional approval to list its common shares for trading on the TSX Venture Exchange, subject to the requirement, among other conditions, that the Company raise a minimum of $3,000,000 in new financing for working capital to fund its proposed exploration program and operations and the completion and the filing of fi
The Company Tackles the Synthetic Industrial Diamond Industry: Stone Cutting and Polishing, Construction, Machinery Manufacturing, Mining Services, Computer Chip Production, and Transportation Systems (Infrastructure and Vehicles)
TORONTO, ONTARIO — (Marketwire) — 12/07/12 — Organic Resource Management Inc. (TSX VENTURE: ORI) ("ORMI" or "the Company"), today announced that the previously announced arrangement involving the acquisition of all of the outstanding common shares of ORMI by Walker Industries Holdings Limited ("Walker") was approved by the shareholders of ORMI at the special meeting of ORMI-s shareholders held earlier today. The Company-s report on voting results will be availa
NILES, IL — (Marketwire) — 12/07/12 — (NASDAQ: MFRI)Sales were $58 million in the current quarter down from $71 million in the prior-year quarter. Piping systems sales decreased $8.9 million in the quarter driven by a decline in U.S. sales partially offset by an increase in sales in the Middle East. Filtration products- sales decreased by $3.3 million due primarily to reduced demand for fabric filters.Gross profit was $11.4 million in the current quarter down from $12.4 million in the prior-
THUNDER BAY, ONTARIO — (Marketwire) — 12/07/12 — Rare Earth Metals Inc. ("Rare Earth Metals", "REM" or the "Company") (TSX VENTURE: RA)(PINKSHEETS: RAREF)(OTCQX: RAREF). The December 6, 2012 news release contains statements relating to future revenues and the construction of a heavy rare earth refinery.Mr. Tracy A. Moore, President and CEO of the Company, would like to clarify certain statements contained within the news release of December 6, 2012. Commented M
TORONTO, ONTARIO — (Marketwire) — 12/07/12 — Tolima Gold Inc. ("Tolima" or the "Company") (TSX VENTURE: TOM) announces that it has granted 250,000 stock options to Mr. Wally Rudensky, a director and the chairman of the Company-s audit committee. The stock options are exercisable at a price of $0.40 and expire five years from the date of grant.Information Concerning TolimaTolima is a gold exploration, development and production company with interests in mining properties
TORONTO, ONTARIO — (Marketwire) — 12/07/12 — Augustine Ventures Inc. (CNSX: WAW) ("Augustine" or the "Company") announces that it has extended the term of the 5,075,000 warrants issued by the Company on December 22, 2010, the 3,512,500 warrants issued on February 8, 2011 and the 2,300,000 warrants on March 23, 2011 (collectively the "Warrants"). The terms of the Warrants have each been extended for a period of 12 months. The Warrants were scheduled to expire on
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 12/07/12 — Cornerstone Metals Inc. (TSX VENTURE: CCC) (the "Company"), announces that it has re-priced 187,000 outstanding incentive stock options of the Company from exercise prices ranging between $0.70 and $1.50 to $0.12. The options are held by insiders and expire from dates ranging from November 14, 2013 to March 22, 2015. The options are held as follows:The Company sought and received disinterested shareholder approval at the annu
MONTREAL, QUEBEC — (Marketwire) — 12/07/12 — Amseco Exploration Ltee. ("Amseco") (TSX VENTURE: AEL) announces its decision not to go forward with the acquisition of the Brosnor Gold Property contemplated in an Agreement signed on November 3rd with Upper Canyon Minerals Corp. ("Upper Canyon") (TSX VENTURE: UCM). Amseco was not able to raise the funds required to implement this transaction.Jean Desmarais, Amseco-s President, said," this acquisition was to represent an