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  • Denison and Fission Announce Transaction to Create Leading Diversified Uranium Company

    TORONTO, ONTARIO--(Marketwired - July 6, 2015) - Denison Mines Corp. (TSX:DML)(NYSE MKT:DNN) ("Denison") and Fission Uranium Corp. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission") are pleased to announce the execution of a Binding Letter Agreement (the "Binding Agreement") to combine their respective businesses (the "Transaction"). The Transaction Read More

  • Goldcorp Declares Seventh Monthly Dividend Payment for 2015

    VANCOUVER, July 6, 2015 /CNW/ - GOLDCORP INC. (TSX: G, NYSE: GG) is pleased to declare its seventh monthly dividend payment for 2015 of $0.05 per share. Shareholders of record at the close of business on Thursday, July 16, 2015 will Read More

  • Morro Bay Resources Ltd. Appoints Andrew Daniels as Chief Operating Officer and Retains Palisade Capital as IR Consultant

    Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (TSX-V: MRB) (“Morro Bay“ or the “Company“) a gold and silver exploration company targeting historic mining districts in the prolific Durango Silver belt (the Peñoles Project), announces that the Board of Directors has appointed  Read More

  • Anthem Closes Private Placement and Provides Transaction Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 6, 2015) - Anthem United Inc. (TSX VENTURE:AFY) (the "Company") is pleased to announce that the Company has closed, subject to the final approval of the TSX Venture Exchange (the "TSX-V"), the second and final tranche (the Read More

  • Carpathian Gold Inc. Provides Corporate Update

    TORONTO, ONTARIO--(Marketwired - July 6, 2015) - Carpathian Gold Inc. (TSX:CPN) (the "Corporation" or "Carpathian") advises that it has concluded a further extended forbearance and amendment agreement (the "Agreement") with Macquarie Bank Limited ("Macquarie") in respect of the project finance facility (the Read More

  • Crocodile Gold Corp. Announces Results of Shareholder Meeting and Anticipated Closing of the Arrangement With Newmarket Gold Inc.

    TORONTO, ONTARIO--(Marketwired - July 6, 2015) - Crocodile Gold Corp. ("Crocodile Gold" or the "Company")(TSX:CRK)(TSX:CRK.DB)(TSX:CRK.WT)(OTCQX:CROCF)(FRANKFURT:XGC) is pleased to announce that, at its special meeting of shareholders held today (the "Meeting"), holders of common shares of Crocodile Gold approved the arrangement resolution ("Arrangement Read More

  • Tango Mining Limited: Oena Operational Update

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 6, 2015) - Tango Mining Limited ("Tango" or the "Company") (TSX VENTURE:TGV) announces commencement of the bulk sampling program at the Oena Project ("Oena") following receipt of the required necessary regulatory and ministerial approvals, and the subsequent Read More

  • Falco Announces Initial Horne 5 Drilling Results

    MONTREAL, QC--(Marketwired - July 06, 2015) - Falco Resources (TSX VENTURE: FPC) ("Falco") is pleased to announce the first results of its current confirmation drilling program on the Company's 100% owned Horne 5 project. The program consists of 18 holes totaling 16,000 Read More

  • Montan Mining Corp. Closes First Tranche of Private Placement

    VANCOUVER, July 6, 2015 /CNW/ - Montan Mining Corp. (TSXv: MNY) (FSE: S5GM) (the "Company" or "Montan") is pleased to announce that it has closed the first tranche of its private placement first announced on June 11, 2015. The Company issued Read More

  • Mkango Resources Announces New Private Placement to Raise Up to C$1.5 M and Intention to Dual List on the London Stock Exchange

    CALGARY, ALBERTA--(Marketwired - July 6, 2015) - THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES Mkango Resources Ltd. (TSX VENTURE:MKA) (the "Corporation" or "Mkango") is pleased to announce that it proposes Read More

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FEATURED JUNIOR

Balmoral Resources

Exchange/Ticker: TSX: BAR
Main Asset: Detour Gold Trend
Stage:
Exploration
Operating Region: Canada/Quebec
Profile: Balmoral Resources has assembled one of the largest portfolios of any junior mining company in the prolific Abitibi greenstone belt, where the Company controls over 700 square kilometers of prospective lands. Balmoral is exploring for high-grade gold deposits in the shadow of the head frame of Canada's largest gold mine... 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.
www.carpathiangold.com