TORONTO, ONTARIO — (Marketwire) — 03/09/12 — AXMIN Inc. (TSX VENTURE: AXM) ("AXMIN" or the "Company") is delighted to announce that over and above our previously announced US$185 million mandated senior debt (see press release July 20, 2011 and January 26, 2012) a further US$25 million in senior debt and US$25 million in subordinated convertible debt has been mandated with the International Finance Corporation ("IFC") for the purposes of partially funding the d
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 03/09/12 — Aurizon Mines Ltd. (TSX: ARZ)(NYSE Amex: AZK) plans to announce its 2011 financial results for the year ended December 31, 2011 before market open on Thursday, March 15th, 2012.In addition, Aurizon management will host a conference call and live webcast for analysts and investors on Thursday, March 15th, 2012 at 8:00 a.m. Pacific Daylight Time (11:00 a.m. Eastern Daylight Time) to review the results.Conference Call Numbers:Canada &
TORONTO, ONTARIO — (Marketwire) — 03/09/12 — Kilo Goldmines Ltd. (TSX VENTURE: KGL)(FRANKFURT: 02K) ("Kilo" or the "Company") announced that at its annual meeting of shareholders held earlier today David Netherway, James Mustard, Alex van Hoeken and Jim Williams were re-elected as directors. In addition, Mr. Loudon Owen of Toronto, Canada, who recently agreed to join the board as an additional independent director, was nominated from the floor of the meeting and was also
TORONTO, ONTARIO — (Marketwire) — 03/09/12 — Kinross Gold Corporation (TSX: K)(NYSE: KGC) today announced that the Kinross Professorship in Mining and Sustainability at Queen-s University, which was originally established in 2007, has been extended for five years and will be re-named the Kinross Professorship in Mining Health and Safety.The focus of the professorship will include, among other aspects: the delivery of courses on mining health and safety at an undergraduate and graduate level
NEW YORK, NY — (Marketwire) — 03/09/12 — Mammoth Energy Group Inc. (PINKSHEETS: MMTE) a lithium and alternative energy mining company announced today that its wholly owned subsidiary Compania Lithium Investments Limitada of Chile has registered all of its claims in Chile."Everything currently acquired has been registered to our company Compania Lithium Investments and we have received all of the certificates from the public records from the different areas throughout the country where
MONTREAL, QUEBEC — (Marketwire) — 03/09/12 — Perlite Canada inc. (the "Company") (TSX VENTURE: PCI) announces hereby the departure of Patrick Whalen from its Board of Directors, effective March 5, 2012.Mr. Patrick Whalen was appointed as director of the Company in April 2010 while being the president and founder of Maroxa Management Inc., a firm specialized in financial management and analysis and in project financing. Mr. Whalen joined the company SynergX Technologies Inc. in Nov
VAL D-OR, QUEBEC — (Marketwire) — 03/09/12 — Stakeholder Gold Corp. ("Stakeholder" or the "Corporation") (TSX VENTURE: SRC) is pleased to announce that, subject to TSX Venture Exchange approval, it has agreed to amend the terms of the following previously issued share purchase warrants:The acceleration clause will be as follow:"If, for any ten (10) consecutive trading days, the closing price of the common shares of the Corporation is more than $0.33, the Corporation
LAKELAND, FL — (Marketwire) — 03/09/12 — Coda Octopus Group, Inc. (PINKSHEETS: CDOC) announced today its full year unaudited financial results following comprehensive restructuring of the Group over the previous two years.For the year ending October 31st, 2011, the Group achieved revenues of $15.7m, up from $11.5m for the previous year, and Net Income of $1.1m versus a loss of $1.8m in the previous year. This is the first time since its formation in 2004 that the Group has achieved a profit
ULAANBAATAR, MONGOLIA — (Marketwire) — 03/09/12 — Undur Tolgoi Minerals Inc. ("UTM" or the "Company")(CNSX: UTM) is pleased to report that its previously announced winter work program is well underway. Our survey crews have now completed over 50% of the sampling program on the Undur Tolgoi licensed property. In addition, the magnetic and gravity work have been completed. UTM anticipates finishing all of the planned soil sampling, magnetic and gravity work within the next
Fourth Quarter Net Income Estimated at $6.3 Million, an Increase of 36.4%, Also a Record