Cream Minerals Ltd. (CVE:CMA) announces the initiation of its 2011 exploration and drill program at the company's flag ship project, the Nuevo Milenio Silver-Gold Project located in Nayarit State, Mexico.
Cream Minerals Ltd. (CVE:CMA) reports that it has mailed its directors’ circular to its shareholders in response to the offer from Endeavour Silver Corp. .(AMEX:EXK) to purchase all of the issued and outstanding shares of Cream for $0.12 per Cream share. The press release is quoted as saying: The Directors’ Circular contains no recommendation of the Cream board of directors [...]
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 [...]
Endeavour Silver Corp. (TSE:EDR) reports that it has began its formal offer to purchase all of the outstanding common shares of Cream Minerals Ltd. (CVE:CMA). Endeavour is offering Cream shareholders Cdn. $0.12 in cash for each common share, which represents a 76% premium to the average closing price of the Cream shares of $0.068 per share on [...]
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 [...]
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 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, [...]
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