CHICAGO, IL — (Marketwire) — 02/27/12 — Continental Materials Corporation (NYSE Amex: CUO) today reported a net loss from continuing operations of $1,923,000, $1.19 per share for the 2011 fiscal year on sales of $107,206,000. For the 2010 fiscal year, the company reported a net loss from continuing operations of $284,000, eighteen cents per share on sales of $114,284,000. The results for 2011 are unaudited.The lower sales are primarily attributable to the depressed market conditions in the
MONTREAL, QUEBEC, CANADA — (Marketwire) — 02/27/12 — Richmont Mines Inc. (TSX: RIC)(NYSE Amex: RIC), ("Richmont" or the "Corporation") wishes to announce the resignation of Martin Rivard, its President and Chief Executive Officer. Mr. Rivard-s resignation will be effective August 31st, 2012. The Corporation has commenced a search for a new President and Chief Executive Officer and expects to have the position filled prior to Mr. Rivard-s departure.About Richmont Mines In
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/27/12 — Pretium Resources Inc. (TSX: PVG)(NYSE: PVG) ("Pretivm" or the "Company") is pleased to announce that it has filed a preliminary short form base shelf prospectus (the "Prospectus") with the securities regulatory authorities in each of the provinces and territories of Canada except Quebec. The Prospectus was also filed with the U.S. Securities and Exchange Commission ("SEC") as part of a registrat
MONTREAL, QUEBEC — (Marketwire) — 02/27/12 — Osisko Mining Corporation (TSX: OSK)(FRANKFURT: EWX) ("Osisko" or the "Company") announces that it will hold its 2012 Annual General Meeting of Shareholders (the "Annual Meeting") on May 10, 2012, in Montreal, Quebec. The time and address of the location of the Annual Meeting will be as set forth in Osisko-s Management Information Circular and Proxy for the Annual Meeting. The record date for determining the holders
DALLAS, TX — (Marketwire) — 02/27/12 — Cotton Creek Capital Management, LLC is pleased to announce the closing of its investment in Fort Worth, Texas-based, Terrace Energy, LLC. Terrace Energy is an oil and gas, exploration and production company concentrating on the acquisition of assets in North America. Currently the company is engaged in the acquisition and early development of properties in the East Texas Basin. Terrace-s management team, many coming from large independents or publicly
TORONTO, ONTARIO — (Marketwire) — 02/27/12 — Vendome Resources Corp. (TSX VENTURE: VDR)(FRANKFURT: 9VR) ("Vendome" or the "Company") is pleased to announce that it has reached a binding agreement with Camsim Minas S.A. de C.V. respecting the option agreement dated December 1, 2011, regarding the San Javier Property pursuant to which Vendome must spend $3,000,000 in the next three years. Camsim has agreed to give Vendome an expenditure credit of $400,000 in return for the
RENO, NEVADA — (Marketwire) — 02/27/12 — NuLegacy Gold Corporation (TSX VENTURE: NUG) reports that drilling to complete the remaining ten holes of an initial twenty hole reconnaissance program has resumed on the 100 sq km Wood Hills South gold project, Elko County, Nevada.Late in 2011, NuLegacy Gold drilled the first ten holes of the planned twenty-hole, widely-spaced reconnaissance drilling program with assay results reported February 6, 2012.Eight of the ten holes contained intervals of an
March 4th to 7th at the Metro Toronto Convention Centre, South Building
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/27/12 — Adroit Resources Inc. (TSX VENTURE: ADT)(FRANKFURT: A7V)(BERLIN: A7V). Italian Project – Production From Tailings Remediation and Permit Applications Update.Tailings Remediation. Several months of meetings by management on the viability of a tailings remediation program with local mayors, local authorities and the Mines Department, led to a recent meeting with the Tuscan Regional Authority. In this meeting, senior officials offered a s
VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 02/27/12 — New Pacific Metals Corp. (TSX: NUX) (the "Company") is pleased to announce that its solely owned subsidiary Tagish Lake Gold Corp. has received a five year exploration permit for its Tagish Lake Gold Project (the "Project") valid from February 23, 2012 to February 27, 2017 known as a "Mining Land Use Approval", under the Quartz Mining Act, Yukon, Canada. The approval is subject to adhering to Mining Land U
