Iberian Minerals Corp. (TSX VENTURE:IZN) announced today that a total of 500,000 options to acquire registered shares of the Company have been granted to Daniel Vanin, President and CEO of Iberian, at an exercise price of $0.56 per registered share.
Trevali Resources Corp. (ETR:4TI) announced it has signed the definitive legal agreement with Glencore International AG's Peruvian subsidiary, Empresa Minera Los Quenuales S.A, for the development, construction and operation of Trevali's 100%-owned Santander zinc-lead-silver mine project in Peru.
Noranda Income Fund and Xstrata Zinc (LSE:XTA) announced that they had entered into a non-binding letter of intent with respect to a potential acquisition of the Fund by Xstrata for a cash consideration of C$3.40 per Priority Unit.
Lundin Mining Corporation (TSE:LUN) announced that it has executed an amended and restated credit agreement that increases the amount of its revolving credit facility to US$300 million from $225 million, reduces its costs of borrowing and extends the term of the Facility to September 2013 from May 2012.
Donner Metals Ltd. (CVE:DON) reported that the Company has received a NI 43-101 compliant inferred resource for the McLeod Deep Zone from its partner Xstrata Canada Corporation - Xstrata Zinc Canada Division on the Matagami Project in central Quebec.
Endeavour Silver Corp. (TSE:EDR, NYSE Amex:EXK) announced that it has identified three new silver veins and acquired three new mining properties in the San Pedro area of the Guanacevi silver district in Durango State, Mexico.
Hudson River Minerals Ltd. (CVE:HRM) announced the assay results from its recent drilling program southwest of McFaulds Lake. All three drillholes encountered anomalous copper (Cu) and zinc (Zn) mineralization with two holes returning anomalous gold (Au).
Rio Cristal Resources Corporation (CVE:RCZ) announced that it has completed a non-brokered private placement of 38,636,450 units of the Company at the price of US$0.085 per Unit, each Unit consisting of one common share and one-half warrant for total proceeds of US$3,284,098.
First Metals Inc. (TSE:FMA) announced that the Corporation has received a forbearance from the majority of bond holders until November 1st, 2010 allowing debt restructuring discussions to progress and continued discussions with Kaskattama Inc.
Excellon Resources Inc. (TSE:EXN) announced that it has successfully sealed the water inflow encountered during normal mine development on August 18th.
Wednesday, September 8, 2010