Perilya Limited declared that financial settlement was completed under the terms of the deed of termination of the silver sale agreement with CDE Australia Pty Ltd and Coeur d’Alene Mines Corporation. For full story, click here
Silver Quest Resources Ltd. declared that the Company has signed option agreements with Hinterland Metals Inc. and three private individuals to acquire a 100% interest in both the CC and the TAK gold properties. For full story, click here
Mexican Silver Mines Ltd. declared that it has entered into a three-cornered amalgamation agreement with Rio Alto Mining Limited and a recently incorporated, wholly-owned subsidiary of Mexican Silver pursuant to which Mexican Silver has agreed to acquire all of the securities of Rio Alto. For full story, click here
Golden Tag Resources Ltd. declared a formal notice to ECU Silver Mining Inc. demanding arbitration consequent upon having determined that ECU, the operator of their San Diego joint venture has failed to remedy fundamental breaches of the option and joint venture agreement, signed on November 2, 2005 in respect of the San Diego property. For [...]
Mexican Silver Mines Ltd. announced that it has entered into a three-cornered amalgamation agreement with Rio Alto Mining Limited and a recently incorporated, wholly-owned subsidiary of Mexican Silver pursuant to which Mexican Silver has agreed to acquire all of the securities of Rio Alto. For full story, click here
SilverCrest Mines Inc. declared that it has reached agreement with Macquarie Bank Ltd. on a US$12.5 million debt facility to finance the development of its Santa Elena Project in Sonora, Mexico. J. Scott Drever, President stated: These financial arrangements with Macquarie Bank are extremely important to our plans for the development of the Santa Elena [...]
Castle Resources Limited announced that the Company has entered into an option agreement with Stratabound Minerals Corp. to acquire up to a 70% interest in their 100% owned New Brunswick based Elmtree Gold Property, subject to a 30 day due diligence period and regulatory approval. For full story, click here
Silverado Gold Mines Ltd. declared its entry into an equity line of credit agreement with Ashborne Finance Ltd., a British Virgin Islands corporation, pursuant to which Silverado has the right to raise at least $US 3,000,000 and up to $US 100,000,000 through the sale of its common stock over the course of the agreement, and [...]
Reed Resources Ltd. has declared that it has entered into a binding agreement with Polymetals Group Pty Ltd giving Reed an exclusive option to acquire the Nimbus Silver Project and Processing Plant, 15km southeast of Kalgoorlie. For full story, click here
SNS Silver Corp. announced that it has completed and signed a Mining Lease Agreement for the operation of the Sunshine Mine near Wallace, Idaho. For full story, click here
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