Articles Tagged "Cream Minerals"

Cream Minerals Limited Receives Formal Offer from Endeavour Silver

Cream Minerals Ltd. (CVE:CMA) reports receiving a formal offer from Endeavour Silver Corp.(AMEX:EXK) to purchase all of the issued and outstanding shares of Cream Minerals for $0.12 per share in cash. The Cream Minerals’ Special Committee and Board of Directors, in consultation with its financial and legal advisors, will thoroughly evaluate the Endeavour offer. After this evaluation, the Cream [...]

Cream Minerals cool to Endeavour bid, shares up

Reuters reports shares of Cream Minerals (CVE:CMA) were up this morning. On Monday, Endeavour offered about C$10.6 million ($10.3 million) in cash for Vancouver-based Cream, sending the junior miner’s stock soaring to 12.5 Canadian cents, 66.51 percent above its Friday closing price of 7.5 Canadian cents. For complete news, click here. For Cream Minerals’ company [...]

Gold Mining and Exploration in Mexico

Investors will know it best for its production of silver, with over 10 billion ounces mined; however, Mexico is also abundant in quantities of gold, copper, lead and zinc. Mexico’s ever-expanding gold mining industry is well positioned for a strong year in 2010, with output expected to increase by an additional 880,000 ounces to nearly 2.5 million ounces, representing an approximately 50 percent increase over 2009’s projected figures.

Cream Minerals in Discussions to Maximize Value

Cream Minerals Ltd. (CVE:CMA, OTC:CRMXF) reports that it is in discussion with a number of companies concerning the Nuevo Milenio silver-gold project. The discussions are intended to explore all avenues available to achieve maximum shareholder value at the Project. There are no royalties on the Project. For complete news release, click here. For Cream Minerals’ company profile, [...]

Cream Minerals Acquires 700 Hectare Property

  Cream Minerals reports Cream Minerals De Mexico S.A. De C.V. has filed an application to denounce approximately 700 Hectares adjoining the Las Habas project; a high-grade silver based metal project. The newly denounced land package is located to the West of, and adjoins the Las Habas Project. The denouncement will increase Cream’s land holdings in the area [...]