Day: April 27, 2016

Arian Silver – Placing to Raise £700,000

Arian Silver Corporation is pleased to announce that it has raised £700,000, before expenses, through the placing of 70 million units of 1p each through its broker Beaufort Securities Limited.

Mexichem Reports 2016 First Quarter Results

“Before we begin discussing our first quarter 2016 results and our outlook for the year, I would like to first extend Mexichem’s deepest condolences and sympathies to all of the people affected by the recent accident at the joint venture PMV plant in Coatzacoalcos. Our thoughts and prayers are with the victims, their families and the community. We also want to express our deep gratitude and admiration to the first responders who took care of the injured and executed the evacuation plan, to the local, state and federal governmental authorities who protected and secured the infrastructure and the population and to the neighboring companies and community members who rushed to the site to assist us. Mexichem is humbled by this outpouring of support and the individual acts of bravery and kindness that we witnessed first-hand. We continue to support the victims of this tragedy and are working closely in tandem with our partners PEMEX, the authorities and a team of international experts to determine the cause of the accident.

Cyprium Mining Corporation announces closing of private placement and other corporate transactions

Cyprium Mining Corporation is pleased to announce that it has completed a second closing of its previously announced private placement of up to 8,000,000 units at a price of $0.065 per Unit for gross proceeds of up to $520,000. In this closing, Cyprium issued 2,300,000 Units for gross proceeds of $149,500. Each Unit is comprised of one common share in the capital of the Corporation and one share purchase warrant of the Corporation. Each Warrant will be exercisable into one Common Share at an exercise price of $0.10 expiring two years from the date of issuance.

Goldcorp Reports First Quarter 2016 Results

“We delivered a solid first quarter of production at low all-in sustaining costs,” said David Garofalo, President and CEO. “Éléonore and Cerro Negro continued their ramp-up with underground mine development advancing well at both assets. With a focus on NAV per share accretion, we plan to drive further productivity improvements at current operations and to leverage our existing mining camps by advancing low capital intensity, high rate of return internal growth opportunities.”

Coeur Reports First Quarter 2016 Results

“I am pleased with our strong cost performance in the first quarter, which is tracking at the low-end of cost guidance set at the beginning of the year,” said Mitchell J. Krebs, Coeur’s President and Chief Executive Officer. “These sustained lower operating costs, combined with the positive momentum we have seen in silver and gold prices so far this year, have led to a 16% increase in adjusted EBITDA1 to $34.6 million.

Telson Resources Inc. Closes Non-Brokered Private Placement

Telson Resources Inc. is pleased to announce that it has closed its non-brokered private placement originally announced on March 1, 2016, consisting of 12,367,333 units of the Company at a price of $0.12 per unit for gross proceeds of $1,484,080. Each unit is comprised of one common share and one half of one whole transferable share purchase warrant. Each whole share purchase warrant entitles the holder thereof to purchase one additional common share of the Company at $0.12 within twenty-four months from closing. All securities issued under the non-brokered private placement are subject to a hold period expiring four months and one day after the closing date. Total issued and outstanding shares in the Company after completion of the private placement is 92,885,578.

Layne, A Granite Company, provides sustainable solutions for water resources and mineral exploration. Originally established in 1882, Layne offers a rich history of delivering safe, professional, and reliable water and minerals solutions throughout North and South America. Granite acquired Layne and its subsidiaries in the fall of 2018, to further Granite’s strategy to grow through acquisition and diverse end market expansion.
Our company BYLSA DRILLING provides drilling services in a variety of environments, ranging from typical exploration sites to extreme topographic conditions, always with the highest quality and safety standards.