Day: January 16, 2015

Source Exploration Corp. Announces Removal of Acceleration Clause for Warrants Issued in Connection With the Non-Brokered Private Placement

Source Exploration Corp. announces that an update to the terms of its previously announced non-brokered private placement of up to 10,000,000 units of the Company consisting of one common share of the Company and one half of one common share purchase warrant at a price of $0.08 per Unit for gross proceeds of up to $800,000. The Company has determined that the terms of the Warrants will no longer include a right of the Company to accelerate the expiry date on notice to the Warrant holders if the closing price of its common shares on a stock exchange in Canada is higher than $0.10 per common share for a period of 10 consecutive trading days after four months and one day from the closing date of the Private Placement.

Yamana Advises of the Filing of Preliminary Prospectus

YAMANA GOLD INC. today advised it has filed the preliminary prospectus relating to its recently announced bought deal equity offering of over C$260 million. The net proceeds of the Offering will be used to reduce the amount outstanding under the Company’s revolving credit facility thereby further strengthening the balance sheet and providing flexibility to fund its internal growth opportunities.

Layne, A Granite Company, provides sustainable solutions for water resources and mineral exploration. Originally established in 1882, Layne offers a rich history of delivering safe, professional, and reliable water and minerals solutions throughout North and South America. Granite acquired Layne and its subsidiaries in the fall of 2018, to further Granite’s strategy to grow through acquisition and diverse end market expansion.

Nuestras responsabilidad con los clientes es ofrecer productos de calidad y una atención personalizada para las necesidades de cada uno de ellos. Así mismo, nuestro compromiso con la sociedad en México es cumplir con las medidas de seguridad recomendadas por la Secretaría de la Defensa para el manejo de materiales peligrosos.