Day: May 22, 2015

El Tigre Announces Loan Agreements and Issuance of Bonus Shares

El Tigre Silver Corp. wishes to announce that it has entered into loan agreements with Wade Anderson, the Chief Executive Officer and a director of the Company for an amount of $130,000, Ron Hodgson, a director of the Company, for an amount of $165,000, Carl Rosenau, a director of the Company, for an amount of $100,000, and Ernie Elko, a director of the Company, for an amount of $62,000, for a total loaned amount of $457,000.

Northern Empire Completes Payment for El Reventon Project, Mexico

Northern Empire Resources Corp. today announced that pursuant to receiving TSX Venture Exchange approval on its Assignment Agreement with Northair Silver Corp. and its wholly owned Mexican subsidiary to acquire certain mineral claims in the Mexican State of Durango, referred to as the El Reventon silver project, it has completed payment to Northair consisting of a cash payment of C$10,000 and the issuance of 200,000 common shares in the capital of the Company.

UC Resources Announces Completion of Shares for Debt

UC Resources Ltd., having received regulatory approval and pursuant to the news release of May 7, 2015, announcing the debt settlement, has fully satisfied and extinguished past debt owed to Sunvault Energy Inc. by the Company in the amount of $80,000 by the issuance of a total of 1,600,000 common shares of the Company at a deemed price of $0.05 per share to Sunvault.

Alamos Gold and AuRico Gold Announce Receipt of Interim Court Order, Special Meetings of Shareholders and Mailing of Information Circular

Alamos Gold Inc. and AuRico Gold Inc. today announced that Alamos and AuRico have been granted an interim order from the Ontario Superior Court of Justice authorizing various matters, including the holding of special meetings of Alamos and AuRico shareholders to consider the proposed plan of arrangement to combine the two companies, and the mailing of the joint information circular.

Cangold Shareholders Approve Acquisition of Cangold by Great Panther

CANGOLD LIMITED is pleased to announce that the plan of arrangement pursuant to which Great Panther Silver Limited will acquire all of the issued and outstanding common shares of Cangold, was approved by Cangold shareholders at the special meeting of Cangold shareholders held on May 22, 2015. At the meeting, approximately 99.44% of the votes cast by Cangold shareholders were voted in favour of the Arrangement.

Corex Announces Closing of First Tranche

Tranche one of the Financing included the issuance of 3,000,000 units at a purchase price of $0.05 for gross proceeds of $150,000.00. Each Unit comprise of one common share in the capital of the Company and one half of one non-transferable common share purchase warrant. Each whole Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of CDN$0.15 per Warrant Share for a period of 24 months from the closing date of the Private Placement.

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.