Day: December 20, 2018

Alamos Gold Announces Normal Course Issuer Bid

Alamos Gold Inc. today announced that it has filed with and received acceptance from the Toronto Stock Exchange for a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 25,513,043 Class A Common Shares representing 10% of the Company’s public float of the Common Shares as of December 14, 2018, being 255,130,432 Common Shares. As at December 14, 2018, there were 391,248,754 Common Shares issued and outstanding.

IMPACT Extends Closing of Private Placement

IMPACT Silver Corp. announces that further to its press release dated November 6, 2018, the Company has obtained an extension from the TSX Venture Exchange of the deadline to complete the previously announced non-brokered private placement of up to 5,555,555 units at a price of $0.27 per Unit for gross proceeds of approximately $1.5 million to January 18, 2019. Each Unit consists of one common share and one warrant. Each Warrant entitles the holder to acquire one Share at a price of $0.35 and expires in 24 months.

Mammoth Enters Option Agreement with Centerra Gold on its Tenoriba Precious Metal Property, Mexico

Thomas Atkins, President and CEO of Mammoth commented on the signing of this agreement, stating: “We’re exceptionally pleased to be partnering with Centerra in the exploration-development of Tenoriba. The depth of Centerra’s technical experience in these types of mineral systems, their experience in project exploration and mine development, combined with their financial strength and the economies in costs and services a company of Centerra’s strength and size can achieve have the potential to assist in advancing Tenoriba beyond what Mammoth could achieve on its own. “

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.