Year: 2015

Silver Bull Announces Intention to Voluntarily De-list Shares from NYSE MKT and Apply to Have its Shares Trade on the OTCQX

Like many junior exploration companies, the Company has pursued vigorous cost cutting over the past two years. The Company’s common shares are currently traded on the Toronto Stock Exchange and the NYSE MKT exchange, two of the premier stock exchanges in the world for junior mining/exploration companies. While continued listing on both exchanges would be ideal, the Company’s board of directors has determined that it would be in the best interest of the Company and its shareholders to voluntarily delist from the NYSE MKT exchange due to costs associated with the continued listing and NYSE MKT exchange rules with respect to maintenance of a minimum share price…

Major Drilling Announces Annual and Fourth Quarter Results for Fiscal 2015

“Despite market conditions that continue to be extremely difficult, we are pleased to have met our goal for the year of generating cash while still paying a dividend and investing in our fleet as appropriate. EBITDA for the quarter was $6.8 million. This year, we used up some of our cash reserves to purchase the assets of Taurus Drilling, and this new division is performing well, with the Company looking to grow these services,” said Francis McGuire, President and CEO of Major Drilling…

Bacanora Announces Project Updates

BACANORA MINERALS LTD. the Canadian and London listed lithium and borates development company focused on Mexico, is pleased to provide an update on the Company’s upcoming milestones relating to its on-going transition from an exploration to a mine development company.

Bowmore Announces Private Placement

Bowmore Explorations Ltd. is pleased to announce that it has negotiated, subject to regulatory approval, a non-brokered private placement for total gross proceeds of up to $800,000. The Private Placement will consist of up to 5,000,000 units at a price of $0.08 per Unit, each Unit consisting of one common share to be issued and one-half of one common share purchase warrant, and up to 3,333,333 flow-through units…

Soltoro Securityholders Approve Acquisition of Soltoro by Agnico Eagle

Andrew Thomson, President and Chief Executive Officer, commented: “We would like to thank our shareholders for their support on this transaction and for their continued backing over the last decade. Our shareholders have realized significant value for the El Rayo project and other properties in Jalisco and, following completion of the Arrangement, through their ownership in Agnico Eagle, will have continued exposure to their ongoing development. We also look forward to continuing our efforts to deliver value for our shareholders in Palamina Corp.”

Big North Announces Notice of Default on El Tejon Project and Resignation of Directors

BIG NORTH GRAPHITE CORP. announces that it has received notice alleging that it is in default under its property agreement, as amended, for the El Tejon project in Oaxaca, Mexico. Under the terms of the Acquisition Agreement, the company was required to make a cash payment on June 1, 2015. Pursuant to the terms of the Acquisition Agreement, Big North has 30 days from receipt of the notice to cure the default…

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