Month: May 2018

One World Lithium Inc. (CSE: OWLI) (“OWL”) is pleased to announce that it has granted incentive stock options to a consultant of the Company to purchase up to 500,000 common shares of the Company at a price of $0.15 per common share. The stock options are exercisable on or before February 15, 2019 with 100,000 vesting on June 15, 2018, another 200,000 vesting on September 15, 2018 and the balance vesting on October 15, 2018.

The independent report, dated April 18, 2018 (effective date December 31, 2017), entitled “TECHNICAL REPORT ON THE MERCEDES GOLD-SILVER MINE, SONORA STATE, MEXICO” was completed by Roscoe Postle Associates Inc. and provides detail to the disclosure contained in the Company’s news release issued on March 26, 2018. Qualified persons for the report include Kathleen Ann Altman (Ph.D., P.E.), Grant A. Malensek (P.Eng./P.Geo.), and Chester M. Moore (P. Eng.).

Almaden intends to use the net proceeds of the Offering for exploration and development activities relating to the Ixtaca project, and for general corporate purposes.

Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAAS) reported the voting results from its annual general and special meeting of shareholders held May 9, 2018 in Vancouver, British Columbia. Each of the matters voted upon at the Meeting is described in detail in the Company’s Management Information Circular dated April 4, 2018, which is available on the Company’s website at www.panamericansilver.com.

SilverCrest Metals Inc. reports that it has filed an amended annual information form, as of April 23, 2018, for the year ended December 31, 2017.

First Majestic Silver Corp. (NYSE:AG) (TSX:FR) (Frankfurt:FMV) is pleased to announce that it has terminated the pre-existing silver purchase agreement with Wheaton Precious Metals Corp. and its subsidiary, Wheaton Precious Metals International Ltd., relating to the newly acquired San Dimas Mine and entered into a new precious metal purchase agreement with WPMI and FM Metal Trading (Barbados) Inc., a wholly-owned subsidiary of First Majestic.

Paul Benson, President and CEO said, “We produced over 78,000 gold equivalent ounces with all three operations performing well during the quarter. Seabee had a standout quarter, with the lowest cash costs since we acquired the operation in 2016 and record mill throughput of more than 1,030 tonnes per day. With development at Chinchillas remaining on track for delivery in the second half of the year, and production at Seabee and Marigold ramping up through the year, our operating and financial performance positions us well for growth in 2018 and 2019.”