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Message: Re: Golbe and Mail
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Dec 01, 2010 09:47AM
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Dec 01, 2010 11:46AM
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Dec 01, 2010 11:53AM
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Dec 14, 2010 03:56PM

Yes! And it also completed the private placement for the following purpose:

Proceeds of the private placement will be used to accelerate the development and expansion of the Company's mineral properties in Mexico including the 423-square-kilometer Royal Mines of Zacualpan Silver-Gold District and the development of the initial construction phase of the 200-tonne-per-day pilot plant at the Capire Project in the 200-square-kilometer Mamatla Mineral District. The Company also intends to accelerate its extensive exploration and drilling programs.

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