Day: May 18, 2017

The Shelf Prospectus and Registration Statement, when made final and effective, will enable the Company to make offerings of up to C$75 million of common shares, warrants, units and subscription receipts or a combination thereof of the Company from time to time, separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of the offering and as set out in an accompanying prospectus supplement, during the 25-month period that the Shelf Prospectus and Registration Statement, when made final, remain effective.

Southern Silver Exploration Corp. has entered into an agreement with Gravitas Securities Inc. and such other co-agents as may be agreed to by the Lead Agent for the Company’s $5,000,000 Private Placement. The Company plans to issue up to 12,500,000 units in a brokered private placement at a price of $0.40 per Unit. Each Unit will consist of one common share and one transferable share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.55 per share.

“Sustainability reporting is now a well-embedded practice at Capstone,” said Darren Pylot, President and CEO. “The 2016 report provides insight into how we are working to develop a culture of innovation where new ideas lead to meaningful change in the way we think, work and plan for the future.”

New Gold Inc. today announces that it has completed its offering of $300 million aggregate principal amount of 6.375% Senior Notes due 2025. New Gold intends to use the net proceeds from the offering of the Notes, together with cash on hand, to fund the redemption of its outstanding $300 million 7.00% Senior Notes due 2020 on or about June 3, 2017.

MEXICAN GOLD CORP. is pleased to announce that its previously announced non-brokered private placement of up to 5,000,000 units of the Company at a price of $0.30 per Unit for gross proceeds of up to $1,500,000 has been oversubscribed and the Company will increase the size of the Private Placement by up to 1,000,000 Units for additional gross proceeds of up to $300,000. Each Unit will consist of one common share of the Company and one transferable common share purchase warrant. Each Warrant will entitle the holder to purchase one Common Share at a price of $0.45 per Common Share for a period of twenty-four months from the closing date of the Private Placement.