Month: December 2018

Alianza Minerals $862,200 Financing Fully Subscribed

Jason Weber, P.Geo., President and CEO of Alianza noted that “The financing was done quickly with very good demand from existing and new shareholders. Exploration plans will be finalized in the first quarter and we look forward to an active 2019 for Alianza Minerals.”

Mexican Gold Corp Provides Update on Financing

MEXICAN GOLD CORP. is pleased to provide an update on the second tranche of the previously announced non-brokered private placement of units in the Company at $0.20 per Unit for gross proceeds of up to $3,000,000, subject to the Company’s option to increase the size of the private placement by 25%.

GoGold Announces Financial Results and Record Production for the Year Ending September 30, 2018

Mr. Brad Langille, CEO stated, “The Company is in a very strong financial position and is actively looking at opportunities to add quality undervalued assets. I am very pleased with the pace at which production is increasing as Parral gets back up to normal production levels. We expect production for the current quarter to be between 325,000 and 355,000 silver equivalent ounces.”

Mexus releases additional promising assay results

“Our resident geologist, Cesar Lemas, is pleased with the result of our initial drilling. He feels we are well on way to proving a resource which will give us multiple options moving forward. I wish all of our loyal shareholders a Happy Holiday!” added Mexus CEO Paul Thompson.

Aura Announces Share Consolidation

Aura Minerals Inc. today announced a consolidation of its common shares on the basis of one new Share for ten old Shares, effective December 31, 2018. The Company’s consolidated common shares are expected to begin trading on the Toronto Stock Exchange when the markets open on January 4, 2019.

Candelaria Mining Announces $4,200,000 Private Placement Financing

The Company intends to use the net proceeds of the Private Placement for expenditure related to construction of the Pinos project as outlined in the Preliminary Economic Assessment and described in the press release dated September 13, 2018 and general corporate needs. In conjunction with the Private Placement, the Company is exploring other financing alternatives that may include further equity or debt financing to fully fund the Pinos capital expenditure.

Santacruz Silver Completes Issuance of Advisory Fee Shares

Santacruz Silver Mining Ltd. has completed its previously announced issuance of 250,000 of its common shares to Haywood Securities Inc. pursuant to an amended financial advisory agreement between the Company and Haywood. The Advisory Fee Shares were issued to Haywood, along with a cash payment of $1,063, in satisfaction of general financial advisory services provided to the Company by Haywood, including services relating to the Company’s disposition of its interest in the Gavilanes Project in August 2017. The TSX Venture Exchange has accepted the issuance of the Advisory Fee Shares. The Advisory Fee Shares were issued at a deemed share price of $0.085 (gross value: $21,250).

First Mining Appoints Chief Executive Officer

First Mining Gold Corp. is pleased to announce that Daniel Wilton has been appointed as the Company’s new Chief Executive Officer effective as of January 7, 2019. Mr. Wilton replaces Dr. David Shaw, a First Mining director who was appointed as interim CEO in mid-October 2018 until a permanent CEO had been identified. Dr. Shaw will continue to serve as a director of the Company.

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