Golden Minerals Company and ECU Silver Mining Inc. are pleased to announce the closing of their previously disclosed business combination by way of a court-approved plan of arrangement under the Business Corporations Act (Quebec).
MONTREAL, QUEBEC–(Marketwire – Sept. 2, 2011) – BOWMORE Exploration Ltd. (TSX VENTURE:BOW), (the “Company”) is pleased to announce that it has increased its non-brokered private placement, (the “Private Placement”) for total gross proceeds of up to $1,900,000 subject to regulatory approval. On August 29th, 2011 the Company had announced a non-brokered private placement of up to $1,500,000. The Private Placement will now consist of up to 3.8 million flow-through units (the “Units”) at a price of $0.50 per Unit, each Unit consisting of one common share to be issued as a “flow-through” share for the purposes of the Income Tax Act (Canada) and one-half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to acquire one non flow-through common share of the Company for a period of twenty four (24) months at an exercise price of $0.75 per share.
Major Drilling Group International Inc. is one of the world’s largest drilling services companies primarily serving the mining industry. Established in 1980, Major Drilling has over 1,000 years of combined experience and expertise within its management team alone.
Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.
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