Month: August 2019

Chesapeake Closes $12 Million Brokered and $3 Million Non-Brokered Private Placements

President of Chesapeake, Randy Reifel stated, “We are pleased to have the continued confidence of Eric Sprott and the market awareness of his strategic investment. The financing further strengthens our pace to advance the significant project pipeline being developed around Metates. As well, Chesapeake is evaluating newly developed metallurgical technologies that may potentially lower Metates capital and operating costs by simplifying the process flow sheet.”

Consolidated Zinc Ltd.: Favourable Court Ruling – Land Use Agreement

Consolidated Zinc Limited is pleased to announce the full bench of the Federal Court of Mexico has ruled in favour of the Company’s subsidiary, Minera Latin American Zinc S.A.P.I. de C.V. and cancelled the prior Appeals Court of Chihuahua ruling in favour of the local rancher.

Teck Announces Dividend

Teck Resources Limited announced today that it will pay an eligible dividend of $0.05 per share on its outstanding Class A common shares and Class B subordinate voting shares on September 30, 2019, to shareholders of record at the close of business on September 13, 2019.

Excellon Completes $11.5 Million Bought Deal Financing

The Company intends to use the net proceeds of the Offering to fund exploration and capital expenditures at the Company’s Platosa Project in Durango, Mexico and Evolución Property in Zacatecas, Mexico, for corporate development and for general corporate purposes.

Layne, A Granite Company, provides sustainable solutions for water resources and mineral exploration. Originally established in 1882, Layne offers a rich history of delivering safe, professional, and reliable water and minerals solutions throughout North and South America. Granite acquired Layne and its subsidiaries in the fall of 2018, to further Granite’s strategy to grow through acquisition and diverse end market expansion.

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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.