Year: 2015

A niche form of mining industry finance is emerging as the new go-to funding for miners bowed by debt, another sign of the sector’s distress as it plods through the fourth year of a commodities’ downturn.

I’m pleased to report that the Company’s strategy of investing actively in the lithium and rare earth elements sectors is starting to show solid growth, driven by the ever-increasing global market’s focus on these sectors and REM’s focus with its Joint Venture Partner on the development of the Sonora Lithium Project in northern Mexico.

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 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 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.

Silver Spruce Resources Inc. wishes to announce that it has contracted with Pilot Communications Inc. of St. John’s, Newfoundland and Labrador for investor relations services.