Day: September 18, 2015

AuRico Metals Announces Closing of Acquisition of Royalties on Hemlo and Eagle River Mines

AuRico Metals Inc. is pleased to announce the closing of the previously announced acquisition of Mineral Streams Inc., a private company owning a 0.25% NSR royalty on the Williams mine at Barrick Gold Corporation’s Hemlo complex, a 0.5% NSR royalty on Wesdome Gold Mines Ltd.’s Eagle River mine, and a 1.5% NSR royalty on Barrick’s David Bell property, which also forms part of the Hemlo complex.

Minaurum Gold Closes Final Tranche of Private Placement

Minaurum Gold Inc. is pleased to announce that further to its News Release dated June 24, June 29, and August 11, 2015, it has completed a fourth tranche closing on $37,500. With its fourth tranche closed, Minaurum has now raised a total of $2,913,387. A finder’s fee of 25,000 shares was paid in connection with the fourth tranche.

Orex Closes Non-Brokered Private Placement

Orex Minerals Inc. announces that it has closed a non-brokered private placement offering of 1,400,000 common shares of the Company at a price of $0.25 per share for gross proceeds of $350,000. Orex intends to use the net proceeds of the Private Placement for exploration and development of the Sandra Escobar Property located in Durango, Mexico and for general corporate and working capital purposes.

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.