Year: 2018

Vancouver, British Columbia, November 29th, 2018. Candente Gold Corp. is pleased to announce that the Company has signed the Definitive Agreement with Sun River Gold Corp. which follows the binding Letter of Intent previously entered into on November 9, 2017. SRG has the option to further test and, if proven economic, develop and operate the Company’s tailings project in El Oro Mexico.

Aura Silver Resources announces that, at the Special Meeting of shareholders of the Company held on November 15, 2018, Aura’s shareholders approved the previously announced name change and consolidation of the issued and outstanding common shares of the Company on the basis of one post-consolidation common share for every five pre-consolidation common shares. The Company’s new name will be “Aura Resources Inc.”. Significant shareholder support for both the name change and Consolidation was received with approximately 99.4% and 95.5%, respectively, of the shares voted at the Special Meeting in favor of these resolutions.

Telson Mining Corporation is pleased to announce that it has reached an agreement to amend the terms of its Loan Agreement dated June 13, 2018 with Nyrstar Canada (Holdings) Ltd. The amended terms of the Loan Agreement will help Telson to better manage its cash flows at Campo Morado in a subdued zinc price environment.

On September 28, 2018, the Company entered into a definitive agreement to complete a business combination with Pershing Gold. The combination will add a shovel-ready, gold-silver development project in Nevada that adds significant precious metal growth to the Company’s production profile. Once completed, Relief Canyon is expected to produce 75,000 to 90,000 ounces of gold annually at low cash costs over an initial seven-year life and generate annual post-tax cash flow from $25 to $30 million. This transformative combination is expected to increase the Company’s precious metal production by over 5 times with precious metals representing greater than 60% of silver equivalent production.

The net proceeds of the financing will be used to pay for the drill program at the Pino de Plata project and general working capital

Fred Davidson, President & CEO of IMPACT stated, “Over the last two quarters we encountered the perfect storm of lower silver prices, lower grades at our mill, and fluctuating currencies (Mexican Peso & USD). To address this headwind of lower revenue and rising costs, the team has initiated a program designed to ultimately raise mining grades and reduce overall costs. Going forward, the Company will focus on ore grade selection including access to higher zinc zones even at the expense of tonnage milled if required. Work continues on the exploitation of the new San Ramon Deeps 2 zone just south of our current active mining areas, and on development of the Lipton vein at the Guadalupe Mine.”