TORONTO, April 11, 2012 /CNW/ - Guyana Goldfields Inc. (TSX: GUY) ("GGI" or "the Company") is pleased to announce a non-brokered private placement pursuant to

Consolidated sales increased 13% to $702.0 million for the year ended January 2012 compared to $624.0 million for the prior year. This resulted in operating profit of $56.5 million, compared to an operating profit of $68.3 million last year. Included in the fiscal 2012 results was a non-cash $13.0 million charge ($8.4 million after tax) related to the de-recognition of certain components of the backfill plant at the Diavik Diamond Mine.

Liberty Mines Inc. (LBE:TSX) ("Liberty" or the "Company") today announced that its mining and milling operations have restarted in Timmins, consistent with the timelines announced previously by the Company.

Freegold Ventures Limited (TSX: FVL, Frankfurt: FR4N) ("Freegold") is pleased to report the results of a NI43-101 compliant Mineral Resource estimate recently completed on the Vinasale Gold Project located in southwest Alaska on which Freegold entered into an Exploration Agreement with an Option to Lease the Vinasale Project from Doyon Limited, an Alaskan Native Regional Corporation, in 2007.

American Vanadium Corp. (AVC - TSX Venture), ("American Vanadium" or the "Company")announces it has signed a licensing agreement with Battelle for use of a mixed acid electrolyte technology developed at Pacific Northwest National Laboratory ("PNNL") that increases the energy density and operating temperature range of vanadium redox flow batteries. Additionally, as part of a separate agreement, PNNL will independently evaluate the development of American Vanadium's electrolyte, to be produced from its Gibellini Project in Nevada.

Verde Potash Plc (TSX-V: NPK) ("Verde" or the "Company") is pleased to announce that it has completed its previously announced bought deal offering of ordinary shares (the "Shares") at a price of $6.45 per Share.

Silver Wheaton Corp. (SLW.TO) announced its audited results for the fourth quarter and year ended December 31, 2011. It also announced that its Board of Directors has declared its first quarterly cash dividend payment for 2012 of US$0.09 per common share.

Rubicon Minerals Corporation (RMX:TSX | RBY:NYSE-AMEX) ("Rubicon") is pleased to announce that the amendments to the Permit to Take Water, the Industrial Sewage Certificate of Approval and the Air Certificate of Approval, pertaining to its 100% owned Phoenix Gold Project located in the heart of the prolific Red Lake Gold district, have been accepted and approved by the Ontario Ministry of Environment.

Metalex Ventures Ltd. (TSXV : MTX) ("Metalex", the "Company") is pleased to report that our geological field technician reports that kimberlite has been intersected while core drilling a 18 hectare geophysical target underlying the flood plain of the Cuango River in Angola.

The Timken Company (NYSE: TKR) has been recognized as one of the World's Most Ethical Companies for 2012 by the Ethisphere Institute, an international organization focused on the advancement of best practices in business ethics.

Revenues for 2011 were $251.9 million from the sale of 60.8 million pounds of copper and 974,000 pounds of molybdenum. Revenues for the fourth quarter of 2011 were $60.5 million from the sale of 15.5 million pounds of copper and 269,000 pounds of molybdenum.

It is management's view that the Share Consolidation will benefit the Company by increasing investor interest and aiding the Company's ability to raise additional capital.