Month: March 2014

Freyja Resources Inc. Announces Closing of $1.95 Million in Financings

Freyja Resources Inc. is pleased to announce that on February 28, 2014 it completed its previously announced $1,020,000 share exchange pursuant to a share exchange arrangement entered into with Global Resources Investment Ltd., an equity private placement of 1,827,100 units at a price of $0.17 per Unit for aggregate gross proceeds to the Corporation of $$310,517 and a private placement of 750 units at a price of $820 per Debenture Unit for gross proceeds of $615,000.

Amarium Growth Strategy Materializing Due to Operations in Mexico

Amarium Technologies Inc., through its wholly owned subsidiary Amarium Minerals Inc., would like to inform all of the Company’s stakeholders of the significant reasons for the exponential growth and potential of our mining operations in Mexico. AMMG’s strategy to invest and operate in Mexico has been based on the solid fundamentals of the local mining industry.

First Majestic Announces Changes to Operations and Geological Teams

In the ongoing effort to continually improve operations and to realize further operational efficiencies over the coming years, after achieving the senior producer status in 2013, the Company has decided to promote Mr. Salvador García to the role of Chief Operating Officer starting July 1, 2014. Mr. García has been partnering with Mr. Ramon Davila to manage the Company’s Mexican operations since January 2013 and has proven his ability to take over this important operational role. Mr. García is well respected and highly regarded within the Mexican mining industry with over 35 years’ experience in senior positions in all aspects of mining operations.

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.

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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.