Day: October 21, 2014

Bacanora Minerals Ltd.: Hatch Engineering Consultants Appointed

BACANORA MINERALS LTD. is pleased to announce that it has appointed Hatch Pty Ltd as its engineering consultant for both the Sonora Lithium Project and the Magdalena Borate Project in northern Mexico. In this capacity, Hatch will assist with and advise upon the design of a lithium carbonate plant capable of producing up to 50,000 tonnes per annum, and the design of boric acid plant capable of producing up to 25,000 tonnes per annum.

Almaden Announces Spin-Out of Mineral Exploration Assets and Royalties

Almaden Minerals Ltd. is pleased to announce that its Board of Directors has unanimously approved a strategic reorganization of its business. Almaden’s early stage exploration projects, royalty interests and certain other non-core assets will be transferred to a newly incorporated company. Shareholders of the Company will receive shares in Spinco in proportion to their shareholdings in Almaden. There will be no change to shareholders’ existing interests in the Company.

Levon Announces Closing of USD$5.4 Million Private Placement

Levon Resources Ltd. is pleased to announce that it has closed the private placement with a group of U.S. investors including Dr. Philip Frost, Barry Honig and Michael Brauser that was announced on October 15, 2014. Pursuant to the Placement, Levon issued 27,000,000 common shares at a price of CAD$0.22 per share for gross proceeds of USD$5,400,000. The common shares sold in the Placement are subject to a four month hold period under applicable Canadian securities laws which expires on February 22, 2015.

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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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.