Day: September 30, 2015

NWM Mining Corporation Completes Arrangement

NWM Mining Corporation, GFM Mineria, S.A.P.I. de C.V., and SFM Holding, S.A.P.I. de C.V. announce today that the previously announced plan of arrangement among NWM, GFM, SFM, and the Company’s lender, Global Resource Fund has been completed. As previously announced, orders were received from the Ontario Superior Court of Justice (Commercial List) approving the Arrangement and NWM shareholders overwhelmingly voted in favour of the Arrangement. Under the Arrangement, NWM shareholders will receive Cdn$0.005 in cash for each NWM common share held.

Oro Silver Closing Extended to October 15, 2015 by Mutual Agreement

Canarc Resource Corp. announces that it is in the final stages of completing the definitive agreement with Marlin Gold Mining Ltd. whereby Canarc will acquire 100% of the shares in Marlin’s wholly owned subsidiary company, Oro Silver Resources Ltd., which owns the fully permitted El Compas Gold-Silver Mine Project in Zacatecas, Mexico.

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.