Day: January 22, 2015

NSX Silver Completes Share Consolidation

NSX Silver Inc. announces that it has obtained Articles of Amendment and received final approval from the TSX Venture Exchange for its one-for-ten share consolidation. Effective at the opening of trading on Friday, January 23, 2015, NSX Silver’s shares will commence trading on the TSX Venture Exchange on a consolidated basis.

El Tigre Reports Filing of Claim Concerning Agreement With Wealthcorp, LLC

El Tigre Silver Corp. announced today that it has filed a Notice of Civil Claim seeking declaratory relief concerning the termination of the financial advisory agreement with Wealthcorp, LLC. As announced in the Company’s press release dated August 28, 2014, the Company had engaged Wealthcorp to provide financial advisory services to assist in capital raising efforts. The Company will be continuing to seek further financing without the assistance of Wealthcorp.

VVC Exploration – Extension of Series U Warrants

VVC EXPLORATION CORPORATION announces the extension of the expiry date of 19,170,000 Series U warrants to purchase 19,170,000 shares of the Company @ $0.18 per share, as permitted under the new TSX Venture Exchange Policy. The warrants, which were expiring on January 25, 2015, will now expire on January 25, 2018, and remain exercisable at $0.18 per share. These warrants were attached to a private placement of $ $958,500 approved by the TSXV on January 29, 2012. The warrants are not currently in-the-money, and no warrants have been exercised. None of these warrants are held by insiders of the Company. The warrant extension is conditional on obtaining TSXV approval.

Flinders Terminates Agreement with Big North

Flinders Resources Limited announce that further to the joint news release with Big North Graphite Corp. of September 2, 2014, October 21, 2014, November 3, 2014 and December 1, 2014 Flinders has terminated the binding letter agreement dated August 28, 2014, effective immediately. The letter agreement has been terminated as a result of Big North failing to satisfy the due diligence process.

Kootenay Mobilizes Plans for Phase II Drill Program on La Negra

Kootenay Silver Inc. is pleased to announce that camp upgrades and drill targets are being finalized and work crews are being mobilized for an upcoming Phase II drill program on its Promontorio La Negra Silver discovery in Sonora, Mexico. An announcement of the official start date of drilling will be forthcoming in the near future.

Corex Corporate Update and Path to Commercial Production

Corex Gold Corp. is pleased to announce a corporate update on the company’s Santana property in Sonora State, Mexico. The first milestone was a first tranche private placement provided by H Morgan & Company. A second tranche will also be made as and when necessary by H Morgan & Company, as stated in the agreement, for a total of, $1,250,000 million. This first tranche will fund an exploration and development program, the second tranche is expected to fund start-up production.

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