Scorpio Gold reports first results from Custer target at Mineral Ridge

Scorpio Gold {TSX.V: SGN} reports results from their Custer satellite at Mineral Ridge, Nevada, USA.

Custer as previously undrilled, and reported some high grades amongst the initial results.

VANCOUVER, BRITISH COLUMBIA– Dec. 17, 2015) – Scorpio Gold Corporation {TSX.V: SGN} reports results from the 2015 exploration drilling in the Custer target area at its 70% owned Mineral Ridge project, located in Nevada.

The Custer target is a previously undrilled area that lies along trend of and ~500 meters southeast of the Mary LC deposit. Forty-nine holes tested an area over 575 meters wide, intersecting mineralization in over 70% of the holes drilled. A number of high-grade intersections were returned, including some over substantial widths. The majority of intersections lie at 40 to 60 meter vertical depths.

The Company’s management considers this to be a highly successful first-pass drilling campaign for the Custer target area. Follow-up drilling along strike and down dip of the intersected mineralisation is planned in 2016.

Highlights from RC drilling on the Custer target include:

MR151705: 11.79 grams per tonne (“g/t”) gold over 9.14 meters
MR151706: 8.11 g/t gold over 7.62 meters
MR151707: 2.06 g/t gold over 3.05 meters
MR151710: 15.31 g/t gold over 4.57 meters
MR151821: 5.18 g/t gold over 3.05 meters
MR151827: 6.27 g/t gold over 4.57 meters
MR151842: 6.15 g/t gold over 6.10 meters
MR151863: 9.67 g/t gold over 12.19 meters

Table 1. Custer Target Area – Significant Drill Results

Hole	Azm	Dip	From	To	Width	From	To	Width	Gold	Gold
No.	(deg)	(deg)	(ft)	(ft)	(ft)	(m)	(m)	(m)	(OPT)	(g/t)
MR151699	0	-90	105	110	5	32.00	33.53	1.52	0.013	0.45
MR151700	0	-90	200	205	5	60.96	62.48	1.52	0.024	0.82
MR151701,708	0	-90	No Significant Results
MR151702	0	-90	105	110	5	32.00	33.53	1.52	0.065	2.23
MR151703	0	-90	120	125	5	36.58	38.10	1.52	0.023	0.79
MR151704	0	-90	45	50	5	13.72	15.24	1.52	0.059	2.02
MR151705	0	-90	200	230	30	60.96	70.10	9.14	0.344	11.79
incl			205	210	5	62.48	64.01	1.52	1.788	61.30
MR151706	0	-90	150	175	25	45.72	53.34	7.62	0.237	8.11
			205	225	20	62.48	68.58	6.10	0.156	5.33
MR151707	0	-90	5	10	5	1.52	3.05	1.52	0.017	0.58
			135	175	40	41.15	53.34	12.19	0.031	1.07
MR151709	0	-90	65	75	10	19.81	22.86	3.05	0.053	1.80
			185	190	5	56.39	57.91	1.52	0.042	1.45
MR151710	0	-90	135	150	15	41.15	45.72	4.57	0.447	15.31
MR151711	0	-90	165	170	5	50.29	51.82	1.52	0.053	1.82
MR151714	0	-90	175	180	5	53.34	54.86	1.52	0.016	0.55
MR151716	0	-90	205	210	5	62.48	64.01	1.52	0.018	0.62
MR151717	0	-90	110	120	10	33.53	36.58	3.05	0.040	1.35
MR151718	0	-90	No Significant Results
MR151821	217	-50	100	110	10	30.48	33.53	3.05	0.151	5.18
MR151822	0	-90	190	195	5	57.91	59.44	1.52	0.011	0.38
MR151827	0	-90	210	225	15	64.01	68.58	4.57	0.183	6.27
incl			210	215	5	64.01	65.53	1.52	0.504	17.28
MR151828	0	-90	160	165	5	48.77	50.29	1.52	0.068	2.33
MR151829	0	-90	45	50	5	13.72	15.24	1.52	0.011	0.38
MR151831	0	-90	280	285	5	85.34	86.87	1.52	0.015	0.51
MR151832	0	-90	70	75	5	21.34	22.86	1.52	0.069	2.37
			90	95	5	27.43	28.96	1.52	0.194	6.65
			330	335	5	100.58	102.11	1.52	0.069	2.37
MR151833	0	-90	180	185	5	54.86	56.39	1.52	0.129	4.42
MR151835	0	-90	80	85	5	24.38	25.91	1.52	0.042	1.44
MR151836	0	-90	245	255	10	74.68	77.72	3.05	0.011	0.38
MR151837	0	-90	120	125	5	36.58	38.10	1.52	0.157	5.38
MR151838,843	0	-90	No Significant Results
MR151839	0	-90	135	140	5	41.15	42.67	1.52	0.011	0.38
MR151842	0	-90	65	70	5	19.81	21.34	1.52	0.037	1.27
			165	185	20	50.29	56.39	6.10	0.180	6.15
			195	200	5	59.44	60.96	1.52	0.015	0.51
MR151844	0	-90	145	150	5	44.20	45.72	1.52	0.012	0.41
MR151845-846	0	-90	No Significant Results
MR151848	0	-90	No Significant Results
MR151849	0	-90	85	90	5	25.91	27.43	1.52	0.041	1.41
MR151850-852	0	-90	No Significant Results
MR151854	0	-90	40	45	5	12.19	13.72	1.52	0.012	0.41
MR151856	0	-90	100	110	10	30.48	33.53	3.05	0.019	0.65
			175	180	5	53.34	54.86	1.52	0.075	2.57
MR151857-858	159	-55	No Significant Results
MR151859	161	-70	60	65	5	18.29	19.81	1.52	0.010	0.34
MR151860	161	-50	No Significant Results
MR151861	36	-70	440	445	5	134.11	135.64	1.52	0.025	0.86
MR151862	36	-50	500	505	5	152.40	153.92	1.52	0.023	0.79
MR151863	10	-70	20	25	5	6.10	7.62	1.52	0.037	1.27
			90	95	5	27.43	28.96	1.52	0.019	0.65
			205	245	40	62.48	74.68	12.19	0.282	9.67

All holes presented in Table 1 were completed by reverse circulation (RC) drilling. True width is estimated at 80-100% of downhole width. Analytical results were performed by American Assay Laboratory Inc. in Sparks, Nevada, an ISO/IEC 17025:2005 accredited facility. External check assays to verify lab accuracy are routinely completed by ALS Chemex, an ISO 9001:2000 certified and ISO/IEC 17025:2005 accredited facility.

About Scorpio Gold

Scorpio Gold holds a 70% interest in the producing Mineral Ridge gold mining operation located in Esmeralda County, Nevada with joint venture partner Elevon, LLC (30%). Mineral Ridge is a conventional open pit mining and heap leach operation. The Mineral Ridge property is host to multiple gold-bearing structures, veins and lenses at exploration, development and production stages. Scorpio Gold also holds a 100% interest in the advanced exploration-stage Goldwedge property in Manhattan, Nevada, with a fully permitted underground mine and 400 ton per day mill facility. The Goldwedge mill facility has been placed on a care and maintenance basis and can be restarted immediately when needed.

Scorpio Gold’s President & CEO, Peter J. Hawley, PGeo,, is a Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the content of this release.

ON BEHALF OF THE BOARD

SCORPIO GOLD CORPORATION

Peter J. Hawley, President & CEO

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The Company relies on litigation protection for forward-looking statements. This news release contains forward-looking statements that are based on the Company’s current expectations and estimates. Forward-looking statements are frequently characterized by words such as “plan”, “expect”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “suggest”, “indicate” and other similar words or statements that certain events or conditions “may” or “will” occur, and include, without limitation, statements regarding the Company’s plans with respect to the exploration, development and exploitation of its Mineral Ridge project, including additional drilling in the Custer target area in 2016. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements, including risks involved in mineral exploration and development programs and those risk factors outlined in the Company’s Management Discussion and Analysis as filed on SEDAR. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty thereof.

Scorpio Gold Corporation
Peter J. Hawley
President & CEO
(819) 825-7618
phawley@scorpiogold.com
www.scorpiogold.com

Minera IRL EGM – Pinto out and Bavin in to steady the ship

Minera IRL {AIM: MIRL} have announced the result of the EGM called to oust the present board of directors.

Acting CEO Jaime Pinto was ousted along with , and replaced by COFIDE representative Jorge Ramos and very experienced mining CEO, Julian Bavin

Comment

This looks like a good result for shareholders, with the Hodges / Pinto team now being removed from the board, and an experienced hand being brought in to steady the ship and work for the benefit of shareholders.

One can only hope that the board are now able to move forward with the new mine construction and put all the battles behind them.

It was gracious of Diego Benavides to stand down and not seek election at this time, and a wise decision as it took away a contentious issue, and nipped it in the bud.

7/12/2015 7:00am

UK Regulatory (RNS & others)

TIDMMIRL

Minera IRL Limited Reports EGM Results

FOR: MINERA IRL LIMITED

AIM, LMA SYMBOL: MIRL

December 16, 2015

Minera IRL Limited Reports EGM Results

LIMA, PERU- Dec. 16, 2015) - Minera IRL Ltd. {AIM: MIRL / BVLAC: MIRL}
announces the voting results from its adjourned Extraordinary General Meeting (the "EGM" or the "Meeting"), held on December 16, 2015.

The Requisitioning shareholders put forward ten (10) resolutions tobe voted on by shareholders at the Meeting. The resolutions were
detailed in the Notice of Meeting dated 23 October 2015 included inthe Management information Circular of the same date that was
posted to shareholders and is available on SEDAR, and the Company'swebsite at www.minera-irl.com.

The Meeting was originally scheduled for November 26, 2015, but adjourned by the chairman of the board of directors in order to
validate certain votes. The votes in question were rescinded and
all of the votes can now be validated.

Five (5) of the resolutions proposed by the Requisitioning Shareholders and specified in the Notice of Meeting did not receive
shareholder approval.

The resolutions not receiving shareholder approval were:

A. THAT Robin Fryer be removed as a director of the Company. (Resolution #2)
B. THAT Douglas Jones be removed as a director (Resolution #3)
C. THAT Leonard Harris be appointed as a director of the Company.
(Resolution #5)
D. THAT Frank O'Kelly be appointed as a director of the Company (Resolution
#9)
E. THAT Armando Lema be appointed as a director of the Company. (Resolution
#10)

Four of the resolutions put forward by the Requisitioning
Shareholders and specified in the Notice of Meeting did receive
shareholder approval.

The resolutions receiving shareholder approval were:

A. THAT Jaime Pinto be removed as a director of the Company.
(Resolution #1)
B. THAT any director of the Company who is appointed between the
date of the notice and the date of the EGM be removed as a
director. (Resolution #4)
C. THAT Julian Bavin be appointed as a director of the Company.
(Resolution #6)
D. THAT Jorge Ramos be appointed as a director of the Company.
(Resolution #8)

Resolution 7 in the Notice of Meeting concerned the proposed appointment of Diego Benavides as a director of the Company. Mr. Benavides was present at the meeting throughout. Prior to resolution 7
being proposed, Mr. Benavides notified the meeting that he had, forthe time being, and having regard to the best interests of the Company withdrawn his consent to act as a director of the Company. In consequence, resolution 7 was not proposed at the meeting, as it
would have had no effect even if passed.

Following conclusion of the Meeting the members of the board are accordingly Messrs. Bavin, Fryer, Jones and Ramos. The continuing appointment of Mr Ramos remains subject to regulatory approvals.

Mr Bavin has more than 30 years of experience in mining (27 years working at Rio Tinto), former CEO and Director of Pan Global
Resources and currently Director of Prism Resources and Exeter Resource Corp. He holds a MSc degree in Mineral Exploration from the
Imperial College.

Mr Ramos has more than 20 years of experience in finance. He is theCEO of COFIDE (Peru's state-owned second-tier development bank). Heholds a law degree from Universidad de Lima and a MBA from Universidad Peruana de Ciencias Aplicadas. A further announcement will be
made once regulatory approvals have been completed.

The board would like to welcome Messrs. Julian Bavin and Jorge
Ramos; and thanks Mr. Jaime Pinto for his exemplary service as
Chairman for the past three months.

Director Disclosures

In terms of the appointment of Julian Richard Frank Bavin (aged 57)to the board, there is no further information that is required to
be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies, save for the following:

Current directorships/partnerships
Exeter Resource Corporation
Prism Resources Inc.
Latin American Resources Ltd
Inversiones Julian Richard Frank Bavin E.I.R.L.
Minera OzEx S.A.
Minera Copanor S.A.

Past directorships/partnerships
Estrella Resources Ltd.
Pan Global Resources Inc.
Sasak Resources Australia Pty Ltd.

In terms of the appointment of Jorge Luis Ramos Felices (aged 43)
to the Board, there is no further information that is required to
be disclosed pursuant to Schedule 2 paragraph (g) of the AIM Rules for Companies, save for the following:

Current directorships/partnerships
Corporacion Financiera de Desarrollo S.A. ("COFIDE")
Rafel Inversiones y Representaciones S.A.C
Petroleos Del Peru ("PETROPERU")
Corporacion Andina de Fomento ("CAF")

Past directorships/partnerships
Autoridad Portuaria Nacional ("ANP")

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information
contained in this news release.

Cautionary Statement on Forward-Looking Information

Certain information in this news release, including information about the Company's financial or operating performance
and other statements expressing management's expectations or estimates of future events, performance and exploration
and development programs or plans constitute "forward-looking statements". Forward-looking statements often, but not
always, are identified by words such as "seek", "believe", "expect", "do not expect", "will", "will
not", "intend", "estimate", "anticipate", "plan", "schedule" and similar expressions of a conditional or future
oriented nature identify forward-looking statements. Forward-looking statements are, necessarily, based upon a number
of estimates and assumptions. While considered by management to be reasonable in the context in which they are made,
forward-looking statements are inherently subject to political, legal, regulatory, business and economic risks and
competitive uncertainties and contingencies.

The Company cautions readers that forward-looking statements involve known and unknown risks, uncertainties and other
factors that may cause Minera IRL's actual financial results, future performance and results of exploration and
development programs and plans to be materially different than those expected or estimated future results, performance
or achievements and that forward-looking statements are not guarantees of future performance, results or achievements.

Forward-looking statements are made as of the date of this news release and Minera IRL assumes no obligation, except
as may be required by law, to update or revise them to reflect new events or circumstances. Risks, uncertainties and
contingencies and other factors that might cause actual performance to differ from forward-looking statements include,
but are not limited to, any failure to obtain or complete project financing for the Ollachea Gold Project (including
the Senior Debt Facility), changes in the price of precious metals and commodities, changes in the relative exchange
rates of the US dollar against the Peruvian nuevo sol, interest rates, legislative, political, social or economic
developments both within the countries in which the Company operates and in general, contests over title to property,
the speculative nature of mineral exploration and development, operating or technical difficulties in connection with
the Company's development or exploration programs, increasing costs as a result of inflation or scarcity of human
resources and input materials or equipment. Known and unknown risks inherent in the mining business include potential
uncertainties related to the title of mineral claims, the accuracy of mineral reserve and resource estimates,
metallurgical recoveries, capital and operating costs and the future demand for minerals. For additional information,
please consult the Company's most recently filed MD&A and Annual Information Form.

FOR FURTHER INFORMATION PLEASE CONTACT:

Minera IRL
Eric Olson
COO
+1 416 907 7363

Canaccord Genuity Limited
(Nominated Adviser & Broker, London)
Henry Fitzgerald-O'Connor / Oliver Donaldson
0207 523 8000

Big day looms for investors in two troubled companies

Minera IRL {AIM: MIRL} and Former Quindell {AIM: QPP} (now WatchstoneGroup {AIM: WTG}) shareholders will receive big decisions today in their respective companies.

The postponed Minera EGM vote will finally be taken, and former QPP shareholders will learn of the court will approve the 90p special dividend after 312 former Quindell shareholders launched a legal action against the company two days ago.

Minera IRL shareholders have really been put through the mill by management actions recently, culminating in the EGM being ‘postponed’ just before the vote was due to be released, whilst “the validity of a few votes was checked”!

Those votes have now been deemed to be valid, and the EGM is set to resume today and the vote completed.

What is now in doubt is whether a significant block of shares will vote the same way as before, as management have had time to ‘consult’ with the block holder. If the block vote changes direction, the shareholders will have been shafted, but it’s too early to start making accusations, as we don’t know the result yet.

Personally I fear the vote will have changed, I have a gut feeling, we shall see.

The company formerly known as Quindell, now Watchstone Group {AIM: WTG} goes to court today to seek approval to return 90p per share as a special dividend (£414 million).

It was announced a couple of days ago that an action by shareholders had been forwarded to the company by Your Legal Friend, representing some 342 shareholders.

If they allow the special dividend, there will be no money remaining to address the legal action, so the result of today’s court hearing will be interesting!

I would hope the distribution will be delayed until the action can take place first.

Neometals posts a new resource statement

Neometals {ASX: NMT} has issued a new resource statement.

NMT also confirm production is still on schedule for mid 2016.

ASX RELEASE

15 December 2015

Annual Mineral Resource and Ore Reserve Statement

Neometals Ltd {ASX: NMT} hereby provides its Mineral Resource and Ore Reserve Statement following the Company’s annual review of its mineral resources and ore
reserves.

The statement is given as at 26 October 2015.

To read the full resource statement, click HERE

For further information please contact:
Chris Reed
Managing Director
Neometals Ltd
+61 8 9322 1182
info@neometals.com.au

NYMOX director Robinson makes second significant purchase of stock in December

Nymox Pharmaceutical Corp {NASDAQ: NYMX} Director James Robertson has again purchased a large tranche of shares in the company.

Robertson added 48,612 shares to his recent 100,000 share purchase, costing him $164,000.

Nymox Pharmaceutical Corp {NASDAQ: NYMX} Director James George Robinson purchased 46,812 shares of the company’s stock in a transaction on Friday, December 11th.

The shares were bought at an average cost of $3.51 per share, with a total value of $164,310.12. Following the transaction, the director now directly owns 2,424,362 shares of the company’s stock, valued at approximately $8,509,510.62.

The acquisition was disclosed in a filing with the SEC

James George Robinson also recently made the following trade(s):

On Friday, December 4th, James George Robinson bought 110,000 shares of Nymox Pharmaceutical Corp stock. The stock was purchased at an average price of $3.44 per share, for a total transaction of $378,400.00.

Nymox Pharmaceutical Corp (NASDAQ:NYMX) opened at $3.56 on Friday. The firm’s market cap is $132.38 million.

Minera IRL issues an RNS on a Saturday!

Minera IRL {AIM: MIRL} has issued a news release on a Saturday! This is extremely unusual, if not totally unique, but sadly the shareholders of this company are used to the unusual by now!

In the ongoing dispute between the BOD and their Peruvian subsidiary, the postponed EGM is set to conclude this Wednesday, and the wording of the RNS now leaves the result in some considerable doubt.

Comment

I do not like the look of the wording here, I feel that some votes may have been persuaded to change sides.

The previous EGM was postponed without the voting being declared, but London based SP Angel suggested the rebel group collected over 90% of the votes, with a block of 19% held by Rio Tinto.

If that block has been persuaded to change sides, the rebel group could lose.

I have a bad feeling about how the meeting will go now, hope i’m wrong of course.

Minera IRL Board Concludes Investigation in Anticipation of EGM Resumption

LIMA, PERU – Dec. 12, 2015) – Minera IRL Limited {AIM: MIRL} announced that it has been advised that the Company’s registrar has received a proxy revocation in respect of the votes whose validity came into question at the Company’s Extraordinary General
Meeting of shareholders on November 26, 2015, resulting in the adjournment of the EGM and the commencement by the board of directors of Minera of an investigation into the validity of such votes.

In light of such proxy revocation, the Board has determined that any potential issue with such votes has been resolved to its satisfaction and therefore the investigation has terminated. In his capacity as Chair of the EGM, Mr. Jaime Pinto confirms that, following such proxy revocation, he presently knows of no reason that any proxies submitted for the EGM cannot be validated.

The adjourned EGM will be re-convened on the 24th Floor at 333 Bay Street, Toronto, Ontario M5H 2T6, on December 16, 2015 at 10:00 a.m. EST (3:00 p.m. GMT).

All forms of proxy validly submitted in advance of the EGM will remain valid for use at the adjourned meeting.

The Board of Directors wishes to remind shareholders who have already submitted valid forms of proxy and do not wish to change their vote that they do not need to take any action. Shareholders who wish to vote and have not yet submitted a form of proxy may do so before 10:00 am EST on December 14, 2015. Shareholders wishing to change their vote may submit a revised form of proxy before 10:00 am EST on December 14, 2015.

All such forms of proxy must be submitted so as to be received by the registrar of the Company, Computershare Investor Services (Jersey) Limited, c/o Computershare Investor Services PLC, The Pavilions, Bridgewater Road, Bristol, BS99 6ZY, United Kingdom, by no later than 10:00 am EST on December 14, 2015. Shareholders on the
Canadian Registry may instead return their proxy (so as to be received within the same deadline) to Computershare Investor Services Inc., Attention: Proxy Department, 100 University Avenue, 8th Floor, North Tower, Toronto, Ontario M5J 2Y1 Canada. The completion and return of a form of proxy will not preclude shareholders from attending and voting in person at the adjourned meeting should they wish to do so.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained in this news release.

Cautionary Statement on Forward-Looking Information

Certain information in this news release, including information about the Company’s financial or operating performance and other statements expressing management’s expectations or estimates of future events, performance and exploration and development programs or plans constitute “forward-looking statements”. Forward- looking statements often, but not always, are identified by words such as “seek”, “believe”, “expect”, “do not
expect”, “will”, “will not”, “intend”, “estimate”, “anticipate”, “plan”, “schedule” and similar expressions of a conditional or future oriented nature identify forward-looking statements. Forward-looking statements are, necessarily, based upon a number of estimates and assumptions. While considered by management to be reasonable in the context in which they are made, forward-looking statements are inherently subject to political, legal,
regulatory, business and economic risks and competitive uncertainties and contingencies.

The Company cautions readers that forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Minera IRL’s actual financial results, future performance and results of exploration and development programs and plans to be materially different than those expected or estimated future results, performance or achievements and that forward-looking statements are not guarantees of future performance, results or achievements.

Forward-looking statements are made as of the date of this news release and Minera IRL assumes no obligation, except as may be required by law, to update or revise them to reflect new events or circumstances. Risks, uncertainties and contingencies and other factors that might cause actual performance to differ from forward- looking statements include, but are not limited to, any failure to obtain or complete project financing for the
Ollachea Gold Project (including the Senior Debt Facility), changes in the price of precious metals and commodities, changes in the relative exchange rates of the US dollar against the Peruvian nuevo sol, interest rates, legislative, political, social or economic developments both within the countries in which the Company operates and in general, contests over title to property, the speculative nature of mineral exploration and
development, operating or technical difficulties in connection with the Company’s development or exploration programs, increasing costs as a result of inflation or scarcity of human resources and input materials or equipment. Known and unknown risks inherent in the mining business include potential uncertainties related to the title of mineral claims, the accuracy of mineral reserve and resource estimates, metallurgical recoveries, capital and operating costs and the future demand for minerals. For additional information, please consult the Company’s most recently filed MD&A and Annual Information Form.

FOR FURTHER INFORMATION PLEASE CONTACT:

Minera IRL
Eric Olson (COO)
+1 (416) 907-7363

Canaccord Genuity Limited
(Nominated Adviser & Broker, London)
Henry Fitzgerald-O’Connor
Oliver Donaldson
+ 44 (0)20 7523 8000

Carlisle reminds shareholders to vote for the Alamos Special Resolution

Carlisle Goldfields {TSX.V: CGJ} have reminded shareholders to vote for the Special resolution required to approve the Alamos Gold deal.

Votes need to be in by Monday 14th December unless attending the meeting in person.

Carlisle Goldfields Limited {TSX.V: CGJ} reminds its shareholders to vote for the special resolution to approve the previously announced Plan of Arrangement involving Alamos Gold Inc.

It is proposed that Alamos will acquire each outstanding Carlisle common shares that it does not already own for 0.0942 of an Alamos common share and 0.0942 of an Alamos common share purchase warrant, each whole warrant exercisable at $10.00 per Alamos common share, for three years from the completion of the Arrangement.

Carlisle shareholders as of the record date of November 12, 2015 have the right to vote online by proxy until December 14, 2015 or in person at a Special Meeting of Carlisle shareholders to be held on December 16, 2015 at 10:00 a.m. (Toronto time) at the offices of Dickinson Wright LLP, located at 199 Bay Street, Suite 2200, Toronto, Ontario M5L 1G4.

Carlisle shares last traded at $0.495 apiece.

The London Mines and no money show!

Another year is drawing to a close, and, as is the custom, I made my way to Angel tube station to make the annual pilgrimage to the Design Centre at Islington for the London Mines and Money show.

This year sadly it has been dubbed the “mines and no Money Show”, reflecting the mood of the reduced number of exhibitors.

London Mines and No Money Show .

Islington is located at a high point in London, and in previous years often had a bitter chill in the air for the normally breezy walk from Angel Tube Station to the Design Centre for the Mines and Money show. The cold normally strikes you about halfway up the seemingly never ending and slow moving escalator, the longest on the London underground network, in fact.

This year however, the weather was beautiful, and unusually warm, not even a coat was needed. Global warming has some positives it would seem!

Sadly, once inside the show, the atmosphere was pretty frosty, and walking around the lowest number of mining company booths I can remember, it became apparent that many companies were simply there to try and raise capital, one last throw of the financing dice in London perhaps?

Upon entering, where in previous years there had been around 40 booths there were none, and they had erected a tunnelled walkway to take you through to the stairs to the upper floor space. Nice try but everyone noticed the booths weren’t there chaps!

Surprisingly, there were few UK AIM listed companies participating! I think It’s possible the Bulls and Bears Gold show in London the previous Saturday took away some of the AIM companies, as that is an investor show where all comers are welcome, unlike the more selective Mines and Money show, where it seems a bit random as to whom is allowed in for free, and whom is asked to pay £1,400!

The majority of the booths seemed to be Australian and Canadian listed companies, perhaps backing up that last throw of the financing dice theory?

Of the companies attending, I personally found little of interest save a couple that stood out, and I hope they can be persuaded to return and present to us at some point.

Most of the companies were junior developers and explorers looking for money to move to the next step in their respective projects, in a market that currently has little appetite for such financings. One wonders how many of these companies will return next year, if their hopes of finding finance were dashed this year?

Most companies I spoke to were looking for funds, and many complained there were few investors, and most show attendees were people selling their goods and services. I recognised very few investors personally, and it was very apparent most attendees were industry related.

Of particular note was the larger group of Australian miners, which made me think perhaps the Canadian market has been exhausted, and the focus for clients has moved to Australia now? I also noticed more Australian companies at recent German and Swiss conferences too, so it’s perhaps not a coincidence.

I did think the conference went on too long, with the limited amount of companies two days is sufficient.

I spoke to a few people that had been declined, and they simply weren’t going to pay such a ridiculous sum of money, and who can blame them? I noticed many people (including some CEO’s!) walking around with badges that did not pertain to their real name, so like last year, people were finding other ways to enter with a free pass, and making a mockery of the current system.

Interestingly, I attended the Firestone Diamonds AGM, and when I mentioned to a lady there that I was going to Mines and Money, she wanted to attend. She came with me in the taxi, and was able to gain entry free on the day, which surprised me, as they had said previously that all free entry passes had been issued.

I really do think they should make the show fully inclusive and the atmosphere would be so much better. Why exclude anyone when mining is on its knees?

So Mines and Money 2015 was the poorest ever in my opinion. As an investor, I found only one company I would consider investing in, and in the current market there is no guarantee that company will outperform its peers, even though it should do using normal metrics, so certainly no hurry to invest there either.

I have attended the shows from the Paddington Hilton days to now and I do wonder whether the next show may need to take place in a smaller venue?

As usual I was able to collect a multitude of pens and memory sticks for impoverished Philippine school children that will be distributed there soon, so at least one very positive thing came out of the show!

We can only hope that 2016 brings a recovery in the sector and we may go back to having some vibrancy and optimism once again, how fondly I remember the early Mines and Money shows when mining was on the up!

Neometals propriety technology success offers a potential future income stream

Neometals {ASX: NMT} have announced a potential company making deal, having signed a binding term sheet for their propriety technology, currently under evaluation.

Currently being evaluated for their Barrambie lithium project, the new technology has a lower cost of processing advantage, and is more environmentally friendly, and is now under review for other metal oxides.

Neometals Ltd {ASX: NMT} is pleased to announce that it has entered into a binding term sheet for a global (*) exclusive licence of proprietary technology currently being evaluated for its Barrambie Titanium Project.

A recent Pre-feasibility Study (announced 28 August 2015) confirmed the technical feasibility of the process, and highlighted the potential for a step change in operating costs for titanium dioxide production.

The Company through a wholly owned subsidiary, already has a non-exclusive licence to use the technology for its Barrambie Titanium Project (as announced on 4 December 2013).

Since 2012 NMT has tested the process at increasing scale, and completed a continuous, semi-pilot scale as part of its pre-feasibility study program. Through this extensive test work it has become apparent that this patent-pending, environmentally friendly process technology has broad application in the recovery of a wide range of metal oxides from chloride leach solutions other than titanium. The energy-efficient recovery and regeneration of hydrochloric acid with minimal effluent is an environmentally sustainable, competitive advantage over conventional processing flowsheets.

The technology was originally invented for refractory precious and base metal concentrates by Dr Bryn Harris, a former professor at McGill University Montreal, Canada and recipient of the Sherritt Award for Hydrometallurgy.

Under the arrangements contemplated by the term sheet, NMT will be responsible for managing the commercialisation and development of the technology, and all revenue received from the commercialisation of the technology will be split 25:75 between NMT and the owners of the technology.

NMT is in discussions with a global EPC engineering company with a view to forming a strategic alliance agreement to provide a platform for the commercialisation of the technology, at no up-front cost to NMT. NMT’s strategy is to develop and hold a portfolio of royalty interests from sub-licencing the technology in addition to deploying it for the Barrambie Project.

The current non-exclusive licence for Barrambie will be transferred into the new arrangement effectively reducing the technology royalty cost to the project from 5 to 3.75%. NMT will also make a US$250,000 upfront payment to the technology owners, to be recovered from future royalty payments. All the right elements

The execution of formal agreements remains subject to a number of conditions, including completion of due diligence satisfactory to NMT, and the restructure of the current ownership of the technology. NMT will keep the market updated on all material developments.

(*) Worldwide ex-China and Russia.

The price of oil hits a seven year low

The price of oil has hit seven year low.

Today a barrel of WTI crude sells for $37.26, and Brent crude a fraction over $40.

Today a barrel of WTI crude sells for $37.26, and Brent crude a fraction over $40!

These low prices are helping stoke deflation in the west, and with rumours of closer to $30 likely, will continue to do so.

With a contracting world economy, and OPEC members seemingly hell bent on maintaining production levels, a catalyst for higher prices is nowhere to be seen.

The ramifications for marginal junior oil companies look obvious, and it will be interesting to see how long it will take for the first casualties to appear!

Storedot claim a five minute car battery full recharge is now possible

Storedot, an Israeli based technology company that can recharge a Samsung Galaxy 5 mobile phone in under 30 seconds, now seem to be claiming they already have developed the technology to recharge a car in five minutes for a full charge!

Storedot is a private company based in Israel.

Chelsea FC owner Roman Abramovich is a principal investor, taking a $10 million stake in a previous financing.

Storedot have released a quirky video which can be viewed by clicking HERE

Storedot use a molecular structure for their battery, rather than lithium ion, as in conventional batteries.

If this disruptive technology proves to be successful, it could alter the dynamics of the lithium supply and demand chain significantly in due course.

Zenyatta and Ballard Power report significant progress utilising Albany graphite in fuel cells

Zenyatta Ventures {TSX.V: ZEN} and Ballard Power Systems {TSX: BLD} report “significant progress” utilising Albany graphite in fuel cell technology.

Tests so far have indicated Albany graphite performs equally as wellas the more expensive synthetic graphite.

Zenyatta Ventures & Ballard Power Systems Make Significant Progress Using Albany Graphite in Fuel Cell Technology

THUNDER BAY, ON– December 07, 2015 – Zenyatta Ventures Ltd. {TSX.V: ZEN} and Ballard Power Systems Inc. {TSX: BLD} are pleased to provide a progress report utilizing high purity Albany graphite in the membrane electrode assembly (“MEA”) of a fuel cell.

The MEA, which includes the gas diffusion layer (“GDL”), is a critical component of a Proton Exchange Membrane (“PEM”) fuel cell that must meet exacting performance standards for the fuel cell to perform properly.

Ballard recently prototyped GDLs with Albany graphite samples provided by Zenyatta. Ballard also made GDLs with benchmark (synthetic) graphite material currently in use today. Both GDLs were constructed using Ballard’s proprietary process to ensure a fair comparison. To date, all the properties of the GDL sample made with Zenyatta graphite were essentially identical to those of the benchmark GDL in all the functional tests that have been completed.

Bharat Chahar, VP Market Development, Zenyatta noted that, “These comparative test results continue to prove out the suitability of Albany graphite in demanding applications where exacting performance standards must be met for critical components. The fuel cell end-users need thousands of hours of trouble free operations during which the components of fuel cell stacks are exposed to a highly corrosive environment. We are extremely pleased to see the progress Ballard is making in proving the viability of Albany graphite in this demanding application. It is important to note that the material being tested by Ballard was ‘run-of-the-lab’ Albany graphite material produced with no special processing or customization for these tests.”

The GDL samples made by Ballard will be incorporated into a membrane electrode assembly (MEA) and will be tested in a fuel cell stack to characterize baseline fuel cell performance. This will further test the viability of Albany graphite in realistic fuel cell operating environments.

Dr. Rajesh Bashyam, Senior Research Scientist, R&D for Ballard commented, “This is another significant step in the process of qualifying Zenyatta’s Albany graphite for existing fuel cell markets such as back-up power and materials handling. We are extremely pleased to be working with a new graphite material that may potentially give Ballard Power Systems a competitive advantage in the area of fuel cell sub-components.”

In a news release dated 12 August 2015, Zenyatta announced testing results by Ballard that samples of Albany graphite demonstrated high thermal and corrosion resistance properties. This screening process on Albany graphite material confirmed its suitability for use in the bipolar plate (“BPP”) and gas diffusion layer (“GDL”) for fuel cells. High thermal stability and corrosion resistance is critical in the performance of these components in fuel cells.

For further information please refer to this news release and the Company website www.zenyatta.ca.

Dr. Bharat Chahar, P.E., VP Market Development for Zenyatta, is a Qualified Person for the purposes of National Instrument 43-101 and has reviewed, prepared and supervised the preparation of the technical information in this news release.

CAUTIONARY STATEMENT: This testing does not represent a statistically large sample size. Furthermore, these positive results do not mean that Zenyatta can extract and process Albany graphite for high purity graphite applications on an economic basis. Without a formal independent feasibility study, there is no assurance that the operation will be economic.

CAUTIONARY STATEMENT: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward looking information and Zenyatta cautions readers that forward looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Zenyatta included in this news release. This news release includes certain “forward-looking statements”, which often, but not always, can be identified by the use of words such as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. These statements are based on information currently available to Zenyatta and Zenyatta provides no assurance that actual results will meet management’s expectations. Forward-looking statements include estimates and statements with respect to Zenyatta’s future plans, objectives or goals, to the effect that Zenyatta or management expects a stated condition or result to occur, including the expected timing for release of a pre-feasibility study, the expected uses for graphite in the future, and the future uses of the graphite from Zenyatta’s Albany deposit. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of metallurgical processing, ongoing exploration, project development, reclamation and capital costs of Zenyatta’s mineral properties, and Zenyatta’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as, but are not limited to: failure to convert estimated mineral resources to reserves; the preliminary nature of metallurgical test results; the inability to identify target markets and satisfy the product criteria for such markets; the inability to complete a prefeasibility study; the inability to enter into offtake agreements with qualified purchasers; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; political risks; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets, inflation, changes in exchange rates; fluctuations in commodity prices; delays in the development of projects; capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry; and those risks set out in Zenyatta’s public documents filed on SEDAR. This list is not exhaustive of the factors that may affect any of Zenyatta’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on Zenyatta’s forward-looking statements. Although Zenyatta believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Zenyatta disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

CONTACT INFORMATION

Zenyatta Ventures Ltd.
Email info@zenyatta.ca
Tel. +1 807 346 1660
www.zenyatta.ca

Neometals – New research report issued

Neometals {ASX: NMT} have today been announced as the subject of a new research report by Perth based State One Stockbroking.

Neometals are constructing a lithium mine in western Australia, due into production in 2016.

Western Australian based State One Stockbroking have issued a new research report on Neometals.

The report can be read by clicking HERE

Nymox Pharmaceutical director buys large tranche of stock

Nymox Pharmaceutical Corporation {NASDAQ: NYMX} have reported that Director James George Robinson Purchases 110,000 Shares of Stock.

This is a significant personal investment and an excellent show of support for a company he is director of.

Nymox Pharmaceutical Corp Director James George Robinson Purchases 110,000 Shares of Stock

Nymox Pharmaceutical Corporation {NASDAQ: NYMX} reported that Director James George Robinson bought 110,000 shares of the stock in a transaction that took place on Friday, December 4th.

The shares were purchased at an average price of $3.44 per share, giving a total value of $378,400.00. invested by him.

Following the purchase, Robinson now owns 2,377,550 shares of the company’s stock, valued at approximately $8,178,772.
Shares of Nymox Pharmaceutical Corp {NASDAQ: NYMX} opened at $3.43 on Friday.

Carlisle Gold boosted by proxy company recommendations for Alamos deal

Carlisle Goldfields {TSX.V: CGJ} have announced that two proxy companies have both recommended that shareholders vote FOR the resolution for the plan of arrangement with Alamos Gold

TORONTO, ON-December 03, 2015 – Carlisle Goldfields Ltd. {TSX.V: CGJ} is pleased to announce that Institutional Shareholder Services and Glass Lewis & Co. have both recommended that Carlisle shareholders vote FOR the special resolution to approve the previously announced Plan of Arrangement involving Alamos Gold Inc.

It is proposed that Alamos will acquire each outstanding Carlisle common share (“Common Share”) that it does not already own for 0.0942 of an Alamos common share and 0.0942 of an Alamos common share purchase warrant, each whole warrant
exercisable at $10.00 per Alamos common share for three years from the completion of the Arrangement.

As Carlisle announced by press release on October 15, 2015, this transaction has been unanimously approved by Carlisle’s board of directors (the “Board”) and the Board has recommended that Carlisle’s shareholders vote in favour of the Arrangement.

Both ISS and Glass Lewis are independent proxy advisory firms which, among other services, provide proxy voting recommendations to pension funds, investment managers, mutual funds and other institutional shareholders.

Carlisle shareholders as of the record date of November 12, 2015 have the right to vote by proxy or in person at a Special Meeting of Carlisle shareholders to be held on December 16, 2015 at 10:00 a.m. (Toronto time) at the offices of Dickinson Wright LLP, located at 199 Bay Street, Suite 2200, Toronto, Ontario M5L 1G4. Canada.

Shareholders should now have received, and are urged to carefully review, the Management Proxy Circular and accompanying proxy voting materials as they contain important information regarding the Arrangement and its benefits to shareholders.

Assuming a successful shareholder vote and satisfaction of the other conditions required for completion of the Arrangement , closing is expected to occur on or about January 7, 2016.

Shareholders who have any questions about the information contained in the Circular or require assistance with voting should contact the Company’s Proxy Solicitation Agent, Laurel Hill Advisory Group:

call +1 416 304 0211

or send an email to assistance@laurelhill.com

Barkerville and Osisko Gold enter into a placing and royalty agreement

Barkerville Gold Mines {TSX.V: BGM} and Osisko Gold Royalties have signed an agreement letter whereby Osisko will buy 32 million flow through placement of shares and an 1;5% NSR in Barkerville.

Barkerville Gold Mines Enters into Letter Agreement with Osisko Gold Royalties Ltd.

TORONTO, ON – November 30, 2015 – Barkerville Gold Mines Ltd. {TSX.V: BGM} announces that it has entered into letter agreement with Osisko Gold Royalties Ltd. whereby Osisko has agreed, subject to standard conditions precedent including completion of due diligence, to purchase 32 million common shares of Barkerville (the “Private Placement”) and a 1.5% NSR royalty on the Cariboo Gold Project (the “Royalty Financing”), located in British Columbia, Canada.

Private Placement

Pursuant to the Private Placement, Osisko agreed, subject to standard conditions precedent including completion of due diligence, to acquire 32 million flow-through common shares of Barkerville at a price of C$0.32 per share, for total proceeds to Barkerville of C$10,240,000. Following the Private Placement, Osisko expects to have ownership over 47,625,000 common shares of Barkerville, representing approximately 19.9% of the issued and outstanding Barkerville shares.

Royalty Financing

Osisko has also agreed, subject to standard conditions precedent including completion of due diligence, to acquire a 1.5% net smelter return (“NSR”) royalty on the Cariboo Gold Project for a cash consideration of C$25 million. As part of the Royalty Financing, Osisko and Barkerville have also agreed to negotiate a gold stream agreement (“Gold Stream Agreement”) following the completion by Barkerville of a feasibility study on the Cariboo Gold Project. Following a 60 day negotiation period, if Osisko and Barkerville have not entered into a Gold Stream Agreement, Barkerville shall either grant a right to Osisko to purchase an additional 0.75% NSR royalty for consideration of C$12.5 million, or make a payment of C$12.5 million to Osisko.

Appointments and Technical Advisory

Pursuant to the Agreement, Osisko will have the right to appoint two nominees to Barkerville’s board of directors. Upon closing of the Private Placement, Sean Roosen shall be appointed as Co-Chairman of Barkerville, and Chris Lodder, who is currently a director of Barkerville, will serve as Osisko’s second nominee. Additionally, upon closing of the Royalty Financing, Barkerville shall appoint Osisko’s nominees to President and Chief Operating Officer of Barkerville. Barkerville’s current President and Chief Executive Officer, Thomas J. Obradovich will continue to serve as Chief Executive Officer of Barkerville.

Additionally, as part of the Agreement, Osisko and Barkerville will enter into a technical advisory agreement whereby Osisko will review data and provide advice to Barkerville during the exploration, development and construction of the Project.

Both the Private Placement and the Royalty Financing are expected to close on or around January 15, 2016, subject to regulatory approvals and other customary conditions.

For further information on Barkerville Gold Mines Ltd., please contact:

Tom Obradovich
President & Chief Executive Officer
+1 416 361 2511
tobradovich@barkervillegold.com

Cautionary Statement on Forward -Looking Information

Neither the TSX Venture Exchange (“TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which is not comprised of historical facts. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to, the Company’s objectives, goals or future plans, statements regarding exploration results and exploration plans. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

Neometals appoint a new COO as lithium production approaches

Neometals {ASX: NMT} appoints Michael Tamlin into the newly created post of Chief Operating Officer.

Tamlin brings a wealth of skills in the key areas required as production at Mt. Marion approaches.

Neometals Ltd {ASX: NMT} is pleased to advise it has significantly strengthened its executive team with the appointment of experienced mining executive Mr Michael Tamlin as Chief Operating Officer.

The appointment into the newly-created role comes at a critical time for the Company, as it prepares for the start of production from its Mt Marion Lithium Mine and its recently commenced Definitive Feasibility Study (“DFS”) for its Lithium Hydroxide Project with co-owner Mineral Resources Ltd.

Mr Tamlin has more than 25 years’ experience in the mining and smelting industry with significant expertise in lithium, tantalum, vanadium, industrial minerals and chemicals. His lithium experience covers the development of the China chemical market and global technical spodumene markets for the Greenbushes Mine, the Zhangjiagang Lithium Carbonate Project and the Rincon Brine Project.

He has a strong track record in maximising commercial performance, developing and implementing strategy and brings experience in the development of both hard rock and brine lithium projects, lithium supply negotiation, lithium markets and management at executive level.

Managing Director Mr Chris Reed said: “We are extremely pleased to welcome Mike to Neometals’ executive team. His commercial and corporate experience, combined with extensive lithium business development experience will be a key asset for the Company as we continue the commercialisation of our ELi Lithium Hydroxide production technology.”

Avalon updates progress at their East Kemptville tin project

Avalon Rare Metals {TSX: AVL} have published an update of progress at their East Kemptville tin project located in Nova Scotia, Canada.

The PEA will now be available in February 2016, allowing for additional work to be included in the details.

Avalon Rare Metals {TSX: AVL} , is happy to provide an update on progress at its East Kemptville Tin-Indium Project, Nova Scotia, Canada, and declare the release of its fourth annual comprehensive Sustainability Report entitled Balancing Opportunities (the “2015 Sustainability Report”) together with the release of its 2015 annual filings.

Update on East Kemptville Tin-Indium Project

The Company is ongoing to work towards concluding a Preliminary Economic Analysis (“PEA”) on the East Kemptville Project. While the Company had originally targeted having a PEA accomplished by the end of November, that timeline has proven to be unrealistic. The Company now plans to have a PEA accomplished in early calendar 2016 which will allow for the 2015 drilling data to be compiled and integrated into an updated resource estimate. It will also allow more time for completion of ongoing metallurgical testwork and finalization of the transfer of surface tenure at the site to Avalon.

The 2015 drilling program was accomplished on November 19, 2015, at a total of 4,514 metres in twenty two holes. Initial results from this drill program were released on November 3, 2015. Assays are now pending for the remaining drill holes which tested the Duck Pond Zone and the Main Zone extension. The PEA will now incorporate all the new data generated from the 2015 work program counting the results of preliminary environmental assessment work.

Before finalizing the PEA, the Company plans to evaluate a number of alternative development scenarios for the scale of the operation. One interesting possibility to be considered is to initiate production at a relatively small scale by utilizing the existing ore stockpiles on the site, before eventually re-starting mining operations at a larger scale. This scenario has the attraction of potentially realizing production and cash flow in the relative short term with a small initial capital investment in a mill and gravity circuit to produce tin concentrate. A detailed cost-benefit analysis of this scenario is presently being undertaken by the Company’s technical team.

Avalon Rare Metals Inc. explores and develops rare metals and minerals primarily in Canada. The company focuses on exploring rare earth elements, and other rare metals and minerals, counting lithium, tantalum, niobium, cesium, indium, gallium, yttrium, and zirconium, in addition to tin.

Arian Silver to delist from the TSX on December 1st 2015

Arian Silver {AIM: AGQ} dual listed on both the London AIM market and Toronto Venture Exchange have announced they are to delist from the Toronto Exchange and simply maintain a London listing.

Given the recent news about mine foreclosure, this makes sense, reducing outgoings to the minimum as they have a limited treasury. Where do Arian go from here?

Comment

Whilst this move was not unexpected, and indeed sensible, IMO, capital conservation is the name of the game here now.

But where does CEO Jim Williams go from here?

Having lost the production plant, and now simply owning some development projects, quite clearly a capital raising is coming, and after the foreclosure, and in the current market, that may be very challenging and almost certainly deeply dilutive for existing holders.

Unless Jim can pull a deal with a producer out of the bag, this doesn’t look good.

I cannot see a placing which effectively keeps management in the style to which they have become accustomed being very much in demand, Arian have now sunk down to the huge ocean of junior miners with a project, a dream, and not much cash with which to advance it.

Commiserations to all holders here.

Trading Symbols
AIM: AGQ
TSX-V: AGQ
FWB: I3A

30 November 2015

Voluntary Delisting from TSX Venture Exchange

Arian Silver Corporation , a silver mining company focused on
silver projects in the silver belt of Zacatecas, Mexico, announces that it has
applied for voluntary delisting of the common shares of the Company from the TSX Venture Exchange (“TSXV”).

The Shares are currently listed for trading on the TSX.V and London AIM markets.

The directors of the Company believe that the minimal trading activity of the
Company’s common shares on the TSX.V no longer justifies the expense and
administrative requirements associated with maintaining this dual listing, and
that the Company’s continuing AIM listing will provide its shareholders with a
sufficiently liquid market upon the resumption of trading on AIM.

Subject to its application being accepted by the TSX.V, it is expected that the
Shares will be delisted from the TSX.V at the close of trading 1 December 2015,
with the Shares continuing to trade on AIM under the ticker “AGQ” upon the
release of the trading suspension.

Implications of the delisting for shareholders on the Canadian register.

Following delisting from the TSXV, the Company will also be closing its
Canadian share register and replacing it with a new share register in the
British Virgin Islands (“BVI”) maintained by Computershare Investor Services
(BVI) Limited.

The Company’s Canadian share register will, however, remain open until 30
January 2016 in order to enable shareholders and Canadian Depository for
Securities (“CDS”) participants currently on the Canadian register to request,
if they wish, to have depositary interests (“DIs”) in respect of their holdings
issued to a broker/nominee within CREST, the United Kingdom (“UK”) settlement
system.

The Company is incorporated in the British Virgin Islands and its Shares are
quoted on AIM in London. The Company uses DIs to enable electronic transfer and
settlement within CREST for trading of its Shares on AIM.

If CDS participants or shareholders on the Canadian register have not activated
a DI issuance request by 30 January 2016, their holding will be automatically
moved to a certificated holding on the BVI Register and they will be sent a new
physical share certificate. Canadian share certificates previously issued will
become null and void at such time. Following delisting from the TSX.V,
shareholders trading their holdings not held in the form of DIs within CREST
may encounter delays or additional expense.

Shareholders whose holdings are already held within CREST in the form of DIs,
or who wish to receive new share certificates from the BVI Register need not
take any action.

CDS participants or those with Shares held by a broker within CDS, who wish to
have DIs issued in respect of their holdings, should arrange for the CDS
participant or broker to complete and submit a Computershare xSettle Electronic
Instruction or a “Register Removal Request – CDS Withdrawals to UK Depositary
Interests” form to Computershare Investor Services Inc. (the “Registrar”) for
the issue of DIs to their broker/nominee in CREST. Shareholders who hold their
Shares through a Canadian broker are encouraged to contact their broker to
arrange for this to happen.

Registered shareholders with share certificates who wish to have DIs issued in
respect of their holdings, will need to open an account with a CREST broker/
nominee and complete a “Register Removal Request – Canadian Certificate to UK
Depositary Interests” form and submit it to the Registrar together with the
original Canadian share certificate(s). Alternatively, Canadian share
certificates can be submitted to the CREST broker/nominee for them to arrange
the issuance and deposit of the DIs into CREST.

These forms are available from: https://www-us.computershare.com/Investor/help/
PrintableForms.

Shareholders are encouraged to contact Computershare Investor Services Inc.,
the Company’s Canadian share registrar for any information about the delisting
process on

+1 781 575 4086 if dialing from outside Canada

or 0370 702 0000 for shareholders in the UK.

For further information please contact:

Arian Silver Corporation Cantor Fitzgerald Europe
Jim Williams, CEO Stewart Dickson / Jeremy
David Taylor, Company Secretary Stephenson / David Porter /
Patrick Pittaway
(London) 020 7894 7000

Trading Symbols
AIM: AGQ
TSX-V: AGQ
FWB: I3A

30 November 2015

Voluntary Delisting from TSX Venture Exchange

Arian Silver Corporation (the “Company”), a silver mining company focussed on
silver projects in the silver belt of Zacatecas, Mexico, announces that it has
applied for voluntary delisting of the common shares of the Company (“Shares”)
from the TSX Venture Exchange (“TSXV”). The Shares are currently listed for
trading on the TSXV and AIM.

The directors of the Company believe that the minimal trading activity of the
Company’s common shares on the TSXV no longer justifies the expense and
administrative requirements associated with maintaining this dual listing, and
that the Company’s continuing AIM listing will provide its shareholders with a
sufficiently liquid market upon the resumption of trading on AIM.

Subject to its application being accepted by the TSXV, it is expected that the
Shares will be delisted from the TSXV at the close of trading 1 December 2015,
with the Shares continuing to trade on AIM under the ticker “AGQ” upon the
release of the trading suspension.

Implications of the delisting for shareholders on the Canadian register

If CDS participants or shareholders on the Canadian register have not activated
a DI issuance request by 30 January 2016, their holding will be automatically
moved to a certificated holding on the BVI Register and they will be sent a new
physical share certificate. Canadian share certificates previously issued will
become null and void at such time. Following delisting from the TSXV,
shareholders trading their holdings not held in the form of DIs within CREST
may encounter delays or additional expense.

Shareholders whose holdings are already held within CREST in the form of DIs,
or who wish to receive new share certificates from the BVI Register need not
take any action.

These forms are available from: https://www-us.computershare.com/Investor/help/
PrintableForms.

Shareholders are encouraged to contact Computershare Investor Services Inc.,
the Company’s Canadian share registrar for any information about the delisting
process on: toll free +1 866 277 2086; (or +1 781 575 4086 if dialling from
outside Canada), or on: +44 (0)370 702 0000 for shareholders in the UK.

For further information please contact:

Arian Silver Corporation Cantor Fitzgerald Europe
Jim Williams, CEO Stewart Dickson / Jeremy
David Taylor, Company Secretary Stephenson / David Porter /
Patrick Pittaway
(London) +44 (0)20 7894 7000

City Investors Circle luncheon Thursday 3rd December

City Investors Circle have a luncheon presentation in Mayfair this coming Thursday, for a pre-IPO private high-tech mining company.

This meeting is for sophisticated and accredited investors only, please email rhea@city-investors-circle.com for full details

City Investors Circle are proud to have been selected to present an interesting private company looking to raise some initial funding for an exciting high-tech mining operation, where the resource is known and the technology will bring cost and environmental benefits. work.

We are commencing at 12.00 for 12.30 pm start, and we are having a buffet luncheon, aiming to finish by 13.30 pm. Management will be available afterwards for further consultation.

We are only able to accept acceptances from accredited and sophisticated investors for this presentation, so if you are interested in attending please reply to rhea@city-investors-circle.com.

If you are unsure as to whether you qualify as an accredited investor under UK law, please email Rhea for full details.