Day: May 5, 2017

Almaden Minerals Ltd. Announces $15 Million Bought Deal Private Placement

Almaden Minerals Ltd. is pleased to announce that it has entered into an agreement with Sprott Capital Partners and Cormark Securities Inc. to act as co-lead underwriters, on their own behalf and, if applicable, on behalf of a syndicate of underwriters, pursuant to which the Underwriters will arrange for substituted purchasers to purchase, on a bought deal private placement basis, 8,572,000 units at $1.75 per Unit to raise gross proceeds of $15,001,000. The Underwriters will also have the option to purchase from Almaden up to an additional 1,285,800 Units for additional gross proceeds of $2,250,150.

MX Gold Corp. Closes Private Placement

MX Gold Corp. is pleased to announce that, further to its news release dated May 3, 2017, it closed a private placement and raised gross proceeds of $1,950,000 on May 5, 2017. On the closing date, the Company issued 15,000,000 units at a price of $0.13 per unit, each unit consisting of one common share and one share purchase warrant, which entitles the holder to purchase one additional common share at a price of $0.20 for a period of three years.

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.