Saturday, May 18, 2013

Argonaut Gold Inc. - AR.t

Argonaut Gold Inc. - AR.t produced 108,000 ozs from the El Castillo and La Colorada Mines in 2012.

Production in 2013 is planned to increase to between 120,000 and 140,000 ounces with cash costs between $630 and $660 per ounce.








On May 14, 2013 the company released Q1 Numbers

Toronto, Ontario - (May 14, 2013) Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce its financial and operating results for the first quarter ended March 31, 2013. All dollar amounts are expressed in United States dollars unless otherwise specified.


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On April 15, 2013 the company released News

Argonaut Gold Inc. (“Argonaut Gold” or the “Company”; TSX: AR), announced today that the Company had gold production of 28,907 ounces during the 1st quarter ended March 31, 2013. This included 23,125 ounces at its 100% owned El Castillo Mine (“El Castillo”) located in Durango, Mexico and 5,782 ounces of gold at its 100% owned La Colorada Mine (“La Colorada”) located in Hermosillo, Mexico. Argonaut Gold is continuing its ramp up of production at both operations and we expect production increases as the year progresses. The Company is also pleased to announce an updated resource for the Veta Madre deposit at La Colorada with good expansion potential within the surrounding geologic environment.

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On February 25, 2013 the company released News

Argonaut Gold Inc. (TSX:AR) (“Argonaut”, “Argonaut Gold” or the “Company”) is pleased to announce Company 2013 production guidance, project initiatives and exploration objectives across the Company’s properties throughout the Americas. Production in 2013 is planned to increase to between 120,000 and 140,000 ounces of gold up from 108,000 ounces of gold in 2012. Cash cost of production is also expected to increase slightly to between $630 and $660 per ounce.

The Company is undertaking an aggressive capital expansion program in 2013 which should prepare the Company for further production expansions in 2014 and beyond. This will essentially complete capital expansion programs at both La Colorada and El Castillo until 2015, when we will finalize the remaining 15mm tons of pad capacity at El Castillo.

Exploration drilling totaling 89,000 meters has taken place at Magino, part of this drilling has revealed a new zone.

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Tuesday, May 7, 2013

AutoCanada Inc. - ACQ.t

AutoCanada Inc. - ACQ.t Operates 30 franchised dealerships in Canada with over 30,000 vehicles sold in 2012.

The company sold 1 in every 83 new vehicles in Canada and processed over 310,000 service and collision orders in 333 service bays in 2012.





On May 6, 2013 the company released NEWS

AutoCanada Inc. announces strong financial results for the quarter ended March 31, 2013 with an increase in earnings of 65.9%, an increase in its quarterly dividend, and the agreement of Mr. Pat Priestner, CEO, to accept the additional position of Chair:

2013 First Quarter Operating Results

Revenue increased 14.4% or $35.8 million to $284.3 million
Gross profit increased by 19.3% or $8.3 million to $51.1 million
Same store revenue increased by 12.9%
Same store gross profit increased by 16.9%
EBITDA was $10.5 million vs. $6.8 million in Q1 of 2012, a 54.4% increase
Pre-tax earnings increased by $3.5 million or 62.5% to $9.1 million
Net earnings increased by $2.7 million or 65.9% to $6.8 million
Earnings per share increased by 66.7% to $0.345 from $0.207
Same store new vehicles retailed increased by 18.3%
Same store used vehicles retailed decreased by 11.7%
Same store repair orders completed for the quarter were up 7.7%

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Sunday, May 5, 2013

Aurizon Mines Ltd. - ARZ.t

Aurizon Mines Ltd. - ARZ.t is a gold producer in the Abitibi region of north-western Quebec.

Hecla Mining Company will acquire all of the issued and outstanding common shares of Aurizon Mines Ltd. in exchange for $4.75 per Aurizon share or 0.9953 of a Hecla share or a combination of both, subject in each case to proration based on a maximum cash consideration of approximately $513.6-million and a maximum of approximately 57 million Hecla shares.




On May 3, 2013 the comapany released NEWS

AURIZON REPORTS MINOR DISCHARGE AT TAILINGS FACILITY AT CASA BERARDI MINE

During a routine evening inspection of the tailing ponds on Wednesday, May 1, 2013, at Aurizon Mines Ltd.'s Casa Berardi mine, located approximately 95 kilometres north of the town of La Sarre, in the Abitibi region of northwestern Quebec, it was discovered that there was a breach of an internal tailings dike, which resulted in a surge of liquids and suspended solids over the external tailings dike. A majority of the material was contained inside the tailings pond containment area, and no further discharges into the environment have occurred. The Casa Berardi mine has four tailings containment ponds, and the material flowed from one tailings pond into another tailings pond, neither of which are in use for current operations.

On visual inspection by Aurizon personnel, a residual film of material has affected a limited surface area outside the external dike.

Environmental authorities were immediately notified and are presently on site. The company does not expect there will be any impact on operations.

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On January 14, 2013 the company released NEWS

ALAMOS ANNOUNCES 40% PREMIUM TAKEOVER OFFER FOR AURIZON

Alamos Gold Inc. has commenced an offer to acquire Aurizon Mines Ltd. for approximately $780-million in cash and shares. The Offer will remain open until 5:00 p.m. (Toronto time) on February 19, 2013 unless withdrawn or extended. Alamos has also applied to list its common shares ("Alamos Shares") on the New York Stock Exchange (the "NYSE") under the symbol "AGI".

Under the terms of the Offer, Alamos proposes to acquire all of the outstanding common shares of Aurizon ("Aurizon Shares") for consideration value of C$4.65 per Aurizon Share. Each Aurizon shareholder can elect to receive consideration per Aurizon Share of either C$4.65 in cash (the "Cash Alternative") or 0.2801 of an Alamos Share (the "Share Alternative"), subject in each case to pro-ration based on a maximum cash consideration of C$305,000,000 and maximum number of Alamos Shares issued of 23,500,000.

The Offer reflects a premium of approximately 40% based on the closing price of C$3.33 for the Aurizon Shares on the TSX on January 9, 2013, and a premium of approximately 37% based on the volume-weighted average price of the Aurizon Shares on the TSX for the 20 trading days ended January 9, 2013.

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