Day: June 25, 2018

Defiance Closes Acquisition of MAG Silver Holdings

“We are very pleased to have closed this transaction with MAG Silver, and further expand our presence in the Zacatecas Silver District”, stated Peter J. Hawley, President and CEO. “With significant exploration potential at the San Acacio project, we look forward to continuing our examination and interpretation of the large regional exploration database.”

Geologix Announces Effective Date of Share Consolidation and Name Change to ValOro Resources Inc.

Geologix Explorations Inc. (TSX-V: GIX) announces that, effective at the market opening on Thursday, June 28, 2018, Geologix will change its name to ValOro Resources Inc. and its common shares will commence trading on the TSX Venture Exchange using the new symbol VRO on a consolidated basis of one new share for ten existing shares. The share consolidation was approved at the Company’s Special Meeting of Shareholders held on June 21, 2018 with 85.3% of the votes cast in favour. In connection with these changes, Letters of Transmittal will be mailed to shareholders providing instructions on the exchange of Geologix share certificates for post-consolidated ValOro share certificates.

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.