TORONTO, ONTARIO — (Marketwired) — 12/16/13 — Lake Shore Gold Corp. (TSX: LSG)(NYSE MKT: LSG) ("Lake Shore Gold" or the "Company") today announced that the Company has entered into a modification agreement (the "Modification Agreement" or the "Agreement") with its secured lender, Sprott Resource Lending Partnership ("Sprott"), in order to extend the maturity of the Company-s standby line of credit (the "Standby Line"). Under terms
TORONTO, ONTARIO — (Marketwired) — 12/16/13 — VVC Exploration Corporation ("VVC" or the "Company") (TSX VENTURE: VVC) announces having arranged a debt financing with Palos Merchant Fund LP. ("Palos") in the amount of $50,000 which bears interest at 15% per year and is secured by a Promissory Note and 5 million shares of the Company held by the Company-s subsidiary, Camex Mining Development Group Inc. Palos is a significant shareholder of VVC holding 32,706,922
SASKATOON, SASKATCHEWAN — (Marketwired) — 12/16/13 — Star Minerals Group Ltd. ("Star" or the "Company") (TSX VENTURE: SUV) announces that it intends to complete a non-brokered private placement offering of units ("Units") at a price of $0.24 per Unit for aggregate gross proceeds of up to $1,000,000 (the "Offering"). Each Unit will be comprised of three (3) common shares in the share capital of the Company ("Common Shares") issued on a "
VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 12/16/13 — Almaden Minerals Ltd. ("Almaden" or "the Company") (TSX: AMM)(NYSE MKT: AAU) is pleased to announce the results from Almaden-s ongoing 2013 Ixtaca Zone drill program at the Company-s 100% owned Tuligtic project, Mexico. The infill program has been designed to upgrade resources currently in the inferred category to the higher confidence measured and indicated categories. The holes announced today show the continuity
State-of-the-Art CORP25 Land Mobile Radio System Enhances Public Safety Communications, Delivering Exceptional Value and Quality of Life for the Community
MONTREAL, QUEBEC — (Marketwired) — 12/16/13 — Canada Strategic Metals Inc. ("Canada Strategic Metals" or the "Company") (TSX VENTURE: CJC)(FRANKFURT: YXEN)(OTCBB: CJCFF) and Matamec Explorations Inc. (TSX VENTURE: MAT)(OTCQX: MHREF) are pleased to announce the results of their September-October 2013 exploration program. The program consisted of channel sampling of some previously stripped areas, as well as a soil geochemistry survey. The very positive results have confir
TORONTO, ONTARIO — (Marketwired) — 12/16/13 — Advanced Explorations Inc. (the "Company" or "AEI") (TSX VENTURE: AXI)(FRANKFURT: AE6) announced today that it has entered into an amendment agreement (the "Amendment Agreement") with Roche Bay plc and Roche Bay East Limited (collectively "Roche Bay") pursuant to which the Parties have agreed to amend the terms of the royalty agreement dated for reference March 23rd, 2009 and entered into on March 31st, 20
TORONTO, ONTARIO — (Marketwired) — 12/16/13 — Cline Mining Corporation ("Cline" or the "Company") announced today that it has entered into a forbearance agreement with Computershare Trust Company of Canada (the "Trustee").Due to Cline-s present financial situation, a semi-annual interest payment in the amount of approximately US$3.3 million could not be made on its outstanding US$65.5 million 10% senior secured bonds and a semi-annual interest payment in the am
CALGARY, ALBERTA — (Marketwired) — 12/16/13 — Titanium Corporation Inc. (TSX VENTURE: TIC) ("Titanium" or the "Company") announced that the Board of Directors has adopted a deferred share unit plan (the "DSU Plan") and restricted share unit plan (the "RSU Plan") for the purposes of reducing the cash expense of compensating its directors and officers and promoting greater alignment of interests between the Company-s shareholders and directors and manag
TORONTO, ONTARIO — (Marketwired) — 12/16/13 — MagIndustries Corp. ("Mag" or the "Company") (TSX: MAA) is pleased to announce that Environmental and Social Impact Analyses("ESIA") for a loading terminal, compaction plant and linear infrastructure for its proposed 1.2 mtpy Mengo Potash Project (the "Project") have received final approval from the Ministry of Tourism and Environment of the Republic of Congo.Previously, in 2010, the Company had obtained E
