• Goldcorp announces work stoppage at its Cerro Negro mine

    VANCOUVER, Oct. 2, 2015 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) announced today a work stoppage by miners represented by the Asociacion Obrera Minera Argentina, Province of Santa Cruz delegation at the Cerro Negro mine. A comprehensive contingency plan is in Read More

  • Kinross Addresses Regulatory Review of West Africa Operations

    TORONTO, ON--(Marketwired - October 02, 2015) - In response to media inquiries, Kinross Gold Corporation (TSX: K) (NYSE: KGC) wishes to address the circumstances surrounding an ongoing regulatory review in relation to its West Africa mining operations.In August 2013, Kinross received information Read More

  • MGX Minerals Receives Permit to Conduct Archaeological Impact Assessment on Driftwood Creek Magnesium Project

    VANCOUVER, BRITISH COLUMBIA / October 2, 2015 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG) reports that the necessary permits have been received from the Archaeology Branch of the British Columbia Ministry of Forests, Lands and Natural Resource Operations Read More

  • Northern Vertex Amends Warrant Expiry Date

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2015) - Northern Vertex Mining Corp. (TSX VENTURE:NEE) (the "Company") announces that it has, subject to regulatory approval, amended the expiry date of an aggregate total of 1,321,500 unexercised share purchase warrants from October 4, 2015, Read More

  • Hudson Signs Exploitation License and Impact Benefit Agreement in Greenland and Provides Update on Pre-Construction Activities

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2015) - HUDSON RESOURCES INC. (the "Company") - (TSX VENTURE:HUD)(OTCQX:HUDRF) is pleased to announce that the Government of Greenland, the Qeqqata Municipality and Hudson Resources have now signed the recently approved 30-year exploitation (mining) license and the Read More

  • Timmins Gold Reports Small Tear In New Leach Pads

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2015) - This week mine staff of Timmins Gold (TSX:TMM)(NYSE MKT:TGD) spotted a 2m tear in the liner of the new leach pads at its San Francisco open pit, heap leach gold mine in Sonora, Mexico. Read More

  • Drill Permit Approved by Saskatchewan for Patterson Uranium Drilling

    Vancouver, BC / TheNewswire / October 2 2015 - Makena Resources Inc. (the "Company" or "Makena") (TSX-V: MKN) is pleased to announce that the drill permit for the Patterson Uranium Prospect has been approved by the Saskatchewan government. Negar Adam, President of Makena Read More

  • Uranium Participation Corporation Reports Net Asset Value at September 30, 2015

    TORONTO, ONTARIO--(Marketwired - Oct. 2, 2015) - THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Uranium Participation Corporation ("UPC") (TSX:U) reports its estimated net asset value at September 30, 2015 was CAD$725.7 Read More

  • Anglo Pacific Group PLC: Company Share Option Plan & Notification of PDMR

    LONDON, UNITED KINGDOM--(Marketwired - Oct 2, 2015) - Anglo Pacific Group PLC (TSX: APY) (LSE: APF) - Anglo Pacific Group PLC (the "Company") (LSE: APF, TSX: APY) announces that on October 1, 2015 it granted to employees a total of 84,414 options to Read More

  • EnerGulf Completes Acquisition of Columbus Copper

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 2, 2015) - EnerGulf Resources Inc. (TSX VENTURE:ENG)(FRANKFURT:EKS) ("EnerGulf") is pleased to announce that it has completed the acquisition of Columbus Copper Corporation ("Columbus Copper") by way of a previously announced plan of arrangement. Columbus Copper is Read More

  • 1


TSX Venture
Dow Jones
S&P 500
Gold (oz)
Silver (oz)
Copper (lb)
Platinum (oz)


% Chg





Receive Daily Newsletter With
All Morning Press Releases


Golden Queen Mining Co. Ltd.

Exchange/Ticker: TSX: GQM
Main Asset: Soledad Mountain
Operating Region: U.S./California
Profile: Golden Queen Mining is bringing the Soledad Mountain gold and silver deposit into commercial production. The project is fully permitted and funded with construction underway and mine commissioning scheduled for late 2015. The Company is led by a team of experienced mine builders and deep pocketed partners... VIEW FULL PROFILE

TORONTO, ONTARIO--(Marketwired - April 28, 2015) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") is providing this second bi-weekly default status report in accordance with National Policy 12-203 respecting Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203"). On March 30, 2015, the Corporation announced (the "Default Announcement") that, for the reasons set out in the Default Announcement, the filing of the Corporation's audited annual financial statements, related management's discussion and analysis, accompanying CEO and CFO certifications and annual information form for the financial year ended December 31, 2014 (collectively, the "Required Filings") would not be completed by the prescribed period for the filing of such documents under Parts 4 and 5 of National Instrument 51-102 respecting Continuous Disclosure Obligations and pursuant to National Instrument 52-109 respecting Certification of Disclosure in Issuer's Annual and Interim Filings, namely within 90 days of the year-end, being March 31, 2015.

As a result of this delay in the filing of the Required Filings, the Ontario Securities Commission (the "OSC") issued a management cease trade order (the "MCTO") on April 17, 2015 against the Corporation's Interim Chief Executive Officer and Chief Financial Officer, as opposed to a general cease trade order against the Corporation. The MCTO prohibits all trading in securities of the Corporation, whether directly or indirectly, by the Corporation's Interim Chief Executive Officer and Chief Financial Officer until two full business days following receipt by the OSC of the Required Filings. The MCTO does not affect the ability of shareholders who are not insiders of the Corporation to trade their securities. However, the applicable Canadian securities regulatory authorities could determine, in their discretion, that it would be appropriate to issue a general cease trade order against the Corporation affecting all of the securities of the Corporation.

Carpathian's Board of Directors and management confirm that they are working expeditiously to meet the Corporation's obligations relating to the filing of the Required Filings no later than April 30, 2015.

Pursuant to the provisions of the alternative information guidelines specified in Section 4.4 of NP 12-203, the Corporation reports that since the Default Announcement:

  • There have been no material changes to the information contained in the Default Announcement;
  • There have been no failures by the Corporation to fulfil its stated intentions with respect to satisfying the provisions of the alternative reporting guidelines;
  • There has not been, nor is there anticipated to be, any specified default subsequent to the default which is the subject of the Default Announcement; and
  • There is no other material information respecting the Corporation's affairs that has not been generally disclosed.

Until the Required Filings have been filed, the Corporation intends to continue to satisfy the provisions of the alternative information guidelines specified in Section 4.4 of NP 12-203 by issuing bi-weekly default status reports in the form of further press releases, which will also be filed on SEDAR. The Corporation would file, to the extent applicable, its next default status report on or about May 13, 2015.

Should Carpathian fail to file the Required Filings by April 30, 2015 or fail to provide bi-weekly status reports in accordance with NP 12-203, the OSC can impose a cease trade order on Carpathian, such that all trading in securities of the Corporation cease for such period as the OSC may deem appropriate.

About Carpathian

Carpathian is an exploration and development company whose primary business is gold production at its 100% owned Riacho dos Machados Gold Project in Brazil. In addition, it is also focussed on advancing its exploration and development plans on its 100% owned Rovina Valley Au-Cu Project located in Romania.

Forward-Looking Statements

Certain statements contained in this press release constitute "forward-looking statements". These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this press release contains forward-looking statements relating to the audit and filing of the audited annual financial statements, related management's discussion and analysis, accompanying CEO and CFO certifications and annual information form for the year ended December 31, 2014. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking statements. Those assumptions and factors are based on information currently available to the Corporation. The material factors and assumptions with respect to the audited annual financial statements, related management's discussion and analysis, accompanying CEO and CFO certifications and annual information form for the year ended December 31, 2014 include the auditors not encountering anything out of the ordinary that would cause the auditors not to be able to complete the audit as anticipated. Risk Factors that could cause actual results or outcomes to differ materially from the results expressed or implied by forward-looking statements include, among other things: general economic and business conditions, and political, social and other risks inherent in carrying on business in a foreign jurisdiction. Forward-looking statements contained in this press release are made based on Management's beliefs, estimates and opinions on the date the statements are made and the Corporation undertakes no obligation to update forward-looking statements and if these beliefs, estimates and opinions or other circumstances should change, except as required by applicable law. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking statements. The forward-looking statements contained herein are expressly qualified by this cautionary statement.

The TSX does not accept responsibility for the adequacy or accuracy of this news release.

Carpathian Gold Inc.
Guy Charette
Interim Chief Executive Officer
+1(416) 368-7744 Ext. 233
+1(416) 363-3883 (FAX)
This email address is being protected from spambots. You need JavaScript enabled to view it.