Aurcana Announces Q2 2013 Financial Results Webcast and Teleconference and Provides Update
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 25, 2013) - Aurcana Corporation ("Aurcana" or the "Company") (TSX VENTURE:AUN)(OTCQX:AUNFD) is pleased to announce that it will hold a webcast and teleconference to discuss its Q2 2013 financial results, on Monday, August 26, 2013.
Mr. Lenic Rodriguez, President & CEO of Aurcana Corporation will provide investors with an overview of Aurcana's second quarter financial results and an update on the La Negra and Shafter operations, followed by a 30 minute question period. The webcast and teleconference has been scheduled for 10.00am PST (1.00pm EST) on Monday, August 26, 2013.
The Q2 2013 webcast can be accessed via the following link:
http://www.gowebcasting.com/4632
Conference call details
Conference date: Monday 26-August-2013
Conference time: 10:00AM Pacific Time/1.00pm EST
Participant dial-in number(s):
Canada: 416-340-8018
US&Canada: 866-223-7781
Int'l: 800-6578-9898
Participant pass code: Not required
The recorded webcast will be posted to the Aurcana's website.
Update on Red Kite Financing
The Company would also like to announce that it continues to work with RK Mine Finance, in closing an unsecured 3 year loan facility of $50 million and silver Offtake Agreement for the silver produced at the Shafter mine. The closing, subject to execution of definitive documentation and approval from RK Mine Finance's Investment Committee, initially expected to occur in July 2013 is now targeted for completion in August 2013.
Litigation
A class action has been filed in the Ontario Superior Court of Justice naming the Company and certain officers of the Company as defendants. The plaintiff's Statement of Claim asserts claims based on alleged misrepresentations relating to levels of production at the Shafter mine. The plaintiff purports to bring suit on behalf of all purchasers of the Company's publicly traded securities between December 14, 2012 to and including April 11, 2013.
The Company considers the allegations to be entirely without merit and will vigorously defend itself in this action.
About Aurcana Corporation
Aurcana Corporation is a primary silver producing company with two producing mines: La Negra Mine in Mexico and Shafter Mine in Texas, US. The Company is in a position to grow organically from its existing mines in its pursuit to become an emerging senior silver producer. Aurcana continues to focus on its future growth.
Corporate
The Company's shares are also traded in the United States on OTCQX under the symbol "AUNFF". Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcqx.com and www.otcmarkets.com.
Lenic Rodriguez,
President & CEO, AURCANA CORPORATION
Contact:
Aurcana Corporation
Lenic Rodriguez,
President & CEO
Catalin Chiloflischi,
Corporate Communications Director
(604) 331-9333
Toll Free: (866) 532-9333
(604) 633-9179 (FAX)
ir@aurcana.com
http://www.aurcana.com
http://finance.yahoo.com/news/aurcana-announces-q2-2013-financial-130000443.html
Dan  |
