Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices: The shareholders of Minefinders Corporation Ltd. have accepted the cash and share exchange offer from Pan American Silver. Minefinders will be removed from the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX Completion and Equity Completion, the S&P/TSX SmallCap and Equity SmallCap, the S&P/TSX [...]
Pan American Silver and Minefinders today completed the previously announced plan of arrangement under the Business Corporations Act (Ontario) whereby Pan American acquired all of the issued and outstanding common shares of Minefinders. Under the terms of the Arrangement former Minefinders shareholders who elected the full proration option received CDN$1.84 and 0.55 of a Pan American share in respect of each of their [...]
Pan American Silver and Minefinders are pleased to announce that the Ontario Superior Court of Justice has issued a final order approving the previously announced statutory plan of arrangement between Minefinders and Pan American under the Business Corporations Act. Pursuant to the Arrangement, Pan American will acquire all of the issued and outstanding common shares of Minefinders. As previously announced, on March 26 [...]
Pan American Silver and Minefinders are pleased to announce the positive results of their respective shareholder votes to approve the previously announced plan of arrangement whereby Pan American will acquire all of the issued and outstanding common shares of Minefinders. 79.78% of the Pan American shares represented at Pan American's special shareholders' meeting held earlier today were voted in favour of an ordinary [...]
VANCOUVER, March 22, 2012 /CNW/ - Pan American Silver Corp.
(the 'Company') today reported that it has filed with the applicable Canadian securities regulatory authorities on SEDAR its 2011 Audited Annual Financial Statements and Management's Discussion and Analysis in relation thereto (the 'Statements'). The Company will also file the Statements with the United States Securities and Exchange Commission ('SEC') on [...]
Pan American Silver Corp. and Minefinders Corporation Ltd. are pleased to announce that Institutional Shareholder Services Inc. and Glass Lewis & Co., LLC have recommended that shareholders vote FOR the Plan of Arrangement pursuant to which Pan American will acquire all of the issued and outstanding common shares of Minefinders. The Arrangement will be considered at Pan American's and Minefinders' respective special [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 03/05/12 -- Canasil Resources Inc. (Canasil) (TSX VENTURE: CLZ)(FRANKFURT: 3CC) announces that Pan American Silver Corp. (Pan American) (TSX: PAA) has completed an initial Phase 1 diamond drill program at the Carina silver-gold project in Durango State, Mexico. The drill program consisted of 6 drill holes for a total depth of 1,008 metres, as part of an overall planned
Pan American Silver Corp. today announced that the Company's Board of Directors has approved the first quarterly cash dividend of 2012 and increased the dividend amount per share by 50%. The cash dividend, in the amount of $0.0375 per share, will be distributed on or about Monday, March 19, 2012 to holders of record of common shares as of the close of business on Monday, March 5, 2012. Specific dis
Pan American Silver, today reported strong financial results for the fourth quarter of 2011 and new all-time Company records for sales, net income, mine operating earnings and cash flow from operations for the fiscal year ended December 31, 2011. In addition, the Company provided an update on its operations, a forecast for consolidated production and cash costs for 2012, as w
Pan American Silver today announced the results of its 2011 exploration activities, which more than replaced the Proven and Probable silver Mineral Reserves mined during 2011. Last year, Pan American spent $25.1 million in direct exploration, completing over 190,000 meters of diamond drilling at its seven operating mines and selected greenfield projects. Through its successful 2011 exploration program, the Company [...]
VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 02/08/12 -- Pan American Silver Corp. (TSX: PAA)(NASDAQ: PAAS) today announced that it will release its unaudited 2011 fourth quarter results and its 2012 consolidated production forecast on Wednesday, February 22, 2012 after market closes. A conference call and live audio webcast to discuss the results will be held on Thursday, February 23 at 11:00 am ET (8:00 am PT).
Pan American adds a long-life, low-cost operating silver and gold mine with significant expansion potential to its portfolio; Minefinders shareholders to receive a 36% premium and exposure to a world-class, geographically-diversified portfolio of silver producing and development assets