Posts by Marketwire - Mining and Metals:

Extorre announces $50 million bought deal financing

Extorre Gold Mines Limited (TSX:XG)(NYSE Amex:XG)(FRANKFURT:E1R) ("Extorre" or the "Company") is pleased to announce that it has entered into an agreement pursuant to which a syndicate of underwriters led by TD Securities Inc. (the "Underwriters") has offered to purchase, on a bought deal basis, 5,300,000 common shares (the "Shares") of the Company at a price of $9.45 per Share (the "Issue Price") for total gross proceeds of $50,085,000 (the "Offering").

Undur Tolgoi Minerals Inc. Announces Winter Work Program Over Mongolian Property

Undur Tolgoi Minerals Inc. ("UTM" or the "Company") (CNSX:UTM) is pleased to announce that its Board of Directors has reviewed and unanimously approved an exploration Program (the "Work Program") for the Company's Mongolian property.The Company's wholly owned license ("Undur Tolgoi") consists of approximately 9,260 hectares of land located approximately 100 kilometers east north east from the world-class copper gold porphyry Oyu Tolgoi.

Molycor Receives Research Report

Edward Lee, President of Molycor Gold Corp. (TSX VENTURE:MOR)(PINKSHEETS:MLYFF)(FRANKFURT:M1V) ("Molycor" or the "Company") is pleased to announce the receipt of a research report, issued by Fundamental Research Corp. The Fundamental Research Report is entitled "Positive PEA on Tami Mosi Magnesium Project" and dated January 19, 2012.