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Gold Resource Corp. to offer dividends in gold and silver coins
Gold Resource Corp. to Launch Gold and Silver Dividend
Company Press Release
via MarketWire via Comtex
Monday, March 12, 2012
COLORADO SPRINGS, Colorado -- Gold Resource Corp. (ASE:GORO) is pleased to announce the scheduled launch of its innovative gold and silver dividend program. Gold Resource Corp. is a low-cost gold producer with operations in the southern state of Oaxaca, Mexico. The company has paid 20 consecutive monthly dividends since declaring commercial production totaling over $41 million returned to shareholders.
Gold Resource Corp. is scheduled to launch its gold and silver dividend program April 10. The default company dividend will continue to be in cash, but this unique option will give shareholders the ability to convert their cash dividends into physical gold and/or silver.
Shareholders may establish an "individual bullion account," whereby cash dividends are converted into Gold Resource Corp. "Double Eagle" 1-ounce .999-fine gold and/or 1-ounce .999-fine silver rounds.
Gold Bullion International (GBI), a leading institutional precious metals provider to individual investors and the wealth management industry, is facilitating the company's cash dividend to physical conversion. The company will direct GBI to draw gold and silver Gold Resource Corp. Double Eagles from the company's minted physical treasury and distribute precious metals as directed by company shareholders.
"A convenient and simple way of delivering precious metal dividends to shareholders has been a long-term goal of the Company," stated Jason Reid, president of Gold Resource Corp. "With innovative assistance from Gold Bullion International, management of Gold Resource Corp. is pleased and excited to announce the launch of the company's gold and silver dividend program, a dividend program unlike any other known program offered of its kind." ...
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For the complete press release:
http://www.marketwatch.com/story/gold-resource-corporation-to-launch-gol...
Golden Phoenix Discusses Royalty Mining Growth Strategy
on '21st Century Business' on Fox Business Network
Golden Phoenix Minerals Inc. has discussed its royalty mining growth strategy on the Fox Business Network program "21st Century Business" with host Jackie Bales. Golden Phoenix's director of corporate communications, Robert Ian, told how the company narrows its focus to project generation and future royalty streams. He explained why Golden Phoenix believes it's better to own joint-venture interests in several producing mines instead of full exposure to just one project.
"21st Century Business" has been airing for 15 years. Previous hosts have included Gen. Alexander Haig, Gen.l Norman Schwarzkopf, and Secretary of Defense Caspar Weinberger. Golden Phoenix appeared as paid programming on this broadcast.
To view the program with Golden Phoenix, please visit Golden Phoenix's Internet site here:
http://goldenphoenix.us/fox-business-network/
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Be Part of a Chance to Discover
Multi-Million-Ounce Gold and Silver Deposits in Canada
Northaven Resources Corp. (TSX-V:NTV) is advancing five gold and silver projects in highly prospective and politically stable British Columbia, Canada.
Check out the exploration program on our Allco gold/silver project :
-- A large (13,000 hectare) property, covering more than 15 square kilometers of a regional mineralized trend just 3km from a recently announced 1.2-million-ounce gold and 15-million-ounce silver deposit.
-- The property hosts historic high-grade silver workings and many mineral showings as well as former mines at the property's northern and southern boundaries.
-- A deep-penetrating airborne geophysics survey has just been completed on the entire property and neighboring deposits and its results are eagerly awaited.
To learn more about the Allco property or Northaven's other gold and silver projects, please visit:
http://www.northavenresources.com
Or call Northaven CEO Allen Leschert at 604-696-3600.
