12:24 PM EST - High River Gold Mines Ltd. : said on Friday it is trying to secure additional funds to meet its financial obligations as it faces weaker-than-expected cash flow due to operational problems. The cash crunch comes after Severstal Resources, Russia's largest steelmaker, spent $45 million to take a 50.1 percent controlling stake in High River in late November. High River Gold Mines Ltd.
shares T.HRG are trading down 3 cents at $0.12.
