European Uranium Resources Ltd. ("EUU") and Portex Minerals Inc. ("PAX") are pleased to announce that, as contemplated by the binding letter of intent announced on December 9, 2013, they have executed an arrangement agreement dated December 20, 2013 (the "Arrangement Agreement") in respect of the proposed merger (the "Merger") of EUU and PAX through a plan of arrangement under which EUU will acquire all of the outstanding common shares of PAX.
Midway Gold Corp. ("Midway" or the "Company") announces receipt of a December 20, 2013 signed Record of Decision (ROD) on the Final Environmental Impact Statement (EIS) for the Pan gold project, White Pine County, Nevada. The ROD signifies full completion of the required NEPA and EIS process. The ROD represents the final step in the federal permitting process and allows construction to begin.
Carpathian Gold Inc. (the "Corporation" or "Carpathian") the Corporation, wishes to provide an update on its wholly owned subsidiary, Mineração Riacho dos Machados Ltda. ("MRDM"), which owns and operates the RDM gold project, Brazil (the "Project"). As announced on December 13, 2013, MRDM had received from SUPRAM, the state environmental agency, the Autorização Provisória de Operação ("APO"), a provisional permit, allowing it to proceed with the full operation of its gold producing facilities.
COLORADO RESOURCES LTD. ("Colorado" or the "Company") and SnipGold Corp. ("SnipGold") are pleased to announce they have entered into an Option Agreement, where Colorado has the right to acquire up to an 80% interest in the southeastern quarter of SnipGold's Iskut Property.
Stellar AfricaGold Inc. ("Stellar"), announces that is has closed a non-brokered private placement December 17th 2013, raising gross proceeds of $205,800 through the issuance of 147 units priced of $1400.00 each. Each unit consists of 17,000 flow-through common shares ($ 0.07 each) and 3000 common shares ($ 0.07 each) and 20,000 common share purchase warrants entitling the holder to purchase one additional common share, for a period of 24 months from closing, at a purchase price of $0.12 each.
Superior Copper Corp. ("Superior Copper" or the "Company") is pleased to announce that it has bought back a 1.5% net smelter royalty (the "NSR") that was previously applicable to certain mineral claims on its flagship Coppercorp Project, located within the Batchawana Copper Project. Superior Copper paid $36,000 in cash and issued 450,000 shares in return for the repurchase and extinguishment of the Company's obligations under the NSR.
Gowest Gold Ltd. ("Gowest" or the "Company") reports that it has received an extension of up to six months with regard to the previously announced non-binding Letter of Intent ("the LOI") the Company had entered into with Kidd Operations, located in Timmins, Ontario (see Gowest news release dated May 29, 2013).
Riverside Resources Inc. ("Riverside" or the "Company") is pleased to announce that through its wholly owned subsidiary, Riverside Resources Mexico, S.A. de C.V., the Company has signed an agreement with Paget Southern Resources S. de R.L. de C.V. ("Paget"), a wholly owned subsidiary of Pembrook Mining Corp., granting Paget the option to earn up to a 100% interest in the Coatan Gold Project (the "Project").
Canadian Zinc Corporation ("Canadian Zinc") and Messina Minerals Inc. ("Messina") are pleased to announce that they have successfully completed the plan of arrangement (the "Arrangement") announced on September 12, 2013, whereby Canadian Zinc has acquired all of the issued and outstanding common shares in the capital of Messina that it did not already own.
Tarsis Resources Ltd. ("Tarsis" and "the Company") was notified on December 18th, 2013, that Osisko Mining Corporation, (the "Partner") who agreed to option out the Erika Gold Project in Guerrero State, Mexico, will not be continuing with its option to explore at the Erika property and Tarsis will maintain its 100% ownership of the project.
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