Month: June 2015

All securities issued in connection with the private placement, including the finder’s warrants, are subject to a four-month hold period that expires on October 20, 2015. Net proceeds from the funds raised will be used to advance Oceanus’ La Lajita high grade gold property located in Durango, Mexico and for general working capital purposes. The private placement remains subject to final approval of the TSX Venture Exchange.

Almaden Minerals Ltd. is pleased to announce shareholders at its Annual General and Special Meeting of shareholders held yesterday in Vancouver have voted 99.7% in favour of approving the spin-out of Almadex Minerals Limited.

A total of 90,779,420 common shares were represented at the meeting, being 70.4% of the Company’s issued and outstanding shares. Shareholders voted in favour of all matters brought before the meeting including the appointment of auditors for the ensuing year, and the election of management’s nominees as directors.

Goldgroup Mining Inc. is pleased to announce two recent developments: the signing of a letter of intent and credit agreement with Monarch Gold Corp. and the appointment of Mr. Javier Montaño to the Company’s Board of Directors.

“This is a major milestone for McEwen Mining. We have progressed to a point where we have strong enough cash flow to pay a dividend. As the major shareowner, I will be reinvesting my dividend in our company as I believe our current share price represents excellent value!” said Rob McEwen, Chief Owner.

PREMIER GOLD MINES LIMITED is pleased to announce that it has completed its previously announced non-brokered private placement of common shares at a price of $2.35 per Offered Share for aggregate gross proceeds of $20 million, including a subscription by Goldcorp Inc. in the amount of $12.5 million…

Cortez Gold Corp. has arranged a loan facility with Starcore International Mines Ltd. to purchase equipment required to commence operations at Cortez’s Altiplano gold and silver processing plant in Matehuala, Mexico, which is owned by the Company’s Mexican subsidiary, Altiplano Goldsilver, S.A. de C.V.