Year: 2017

Oceanus Resources Corporation (OCN.V) and (OCNSF) is pleased to announce that its common shares recently commenced trading on the OTCQB, a US interdealer quotation system, under the symbol OCNSF. Real-Time Quote Display Service for OCNSF is available at: http://www.otcmarkets.com/stock/OCNSF/quote. The Company’s common shares will also continue to trade on the TSX Venture Exchange under its trading symbol OCN.

“At the Bolivar Mine in Mexico, the Company saw a significant increase in throughput but was hindered by lower grades which led to a minor reduction in copper equivalent production when compared to Q4 2015. The Company will focus on continuing to increase production volume while improving the value per tonne of ore mined at Bolivar in 2017. At Cusi, poor weather and significant rainfall caused flooding in ramps which led to stope unavailability resulting in lower production, however we will continue to seek improvement at Cusi with better grade control and selective mining practices,” Mark Brennan, President and CEO of Sierra Metals.

“While Primero faced a number of significant challenges in 2016, I believe the changes we have already made, and will continue to make, will result in a considerable improvement in our 2017 results,” stated Ernest Mast, President and Chief Executive Officer. “We have recently strengthened our management team with the addition of an experienced C.O.O. and C.F.O., and expect to see marked improvement in the near-term as we work to reduce costs, increase production and simplify the way we mine. These key steps will lay the foundations of Primero’s return to sustainable profitability.”

Timmins Gold Corp. is pleased to announce that Greg McCunn will succeed Mark Backens as the Company’s new Chief Executive Officer effective February 1, 2017. In addition to the role of CEO, Mr. McCunn will also serve as a director on the Company’s board of directors.

Mammoth Resources Corp. is pleased to announce that the TSX Venture Exchange has approved a consolidation of its common shares on a 4 for 1 basis. The consolidation was approved by the Company’s shareholders at the annual general and special meeting held on December 14, 2016 and as previously announced in a press release dated December 19, 2016. The consolidation will take effect on Wednesday, January 18, 2017. Assuming no other change in the issued capital of the Company, it is expected that upon completion of this consolidation, Mammoth will have approximately 16,133,792 Common Shares issued and outstanding, reduced from 64,535,168 Common Shares which are currently issued and outstanding.

“Listing on the NYSE MKT is an important milestone for Americas Silver which will create greater exposure among institutional and retail investors in the U.S. and internationally at this important time of growth for the Company,” said Darren Blasutti, President and CEO.