First Mexican Gold Corp. Announces Consolidation and Private Placement of Common Shares
August 27, 2019
First Mexican Gold Corp announces that it intends to consolidate its common shares on a ten for one basis.
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First Mexican Gold Corp announces that it intends to consolidate its common shares on a ten for one basis.
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.
Aug 27 (Reuters) – Mexican plastic pipe and chemicals company Mexichem said on Tuesday that it is changing its name to Orbia Advance Corporation under
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.
The change of name of the Company to Boundary Gold and Copper Mining Ltd. was approved.
Pete Dougherty, President and CEO stated: ”By initiating a zero-cost collar gold price protection program on a portion of El Castillo’s estimated remaining life-of-mine production, we ensure profitability and are able to extend the mine life at our highest cost operation. Through either exploration success or a higher gold price, there may be potential to continue to extend the life of the El Castillo mine beyond mid-2022. With a strong portfolio of development assets, we felt prudent to lock in cash flow certainty at the El Castillo mine to help fund our development projects while also continuing to maintain exposure to an increasing gold price for our shareholders. This is an opportunity to ensure cash flow at an attractive price protection point. When looking at the total amount of Argonaut’s mineral resource base, this zero-cost collar program represents a very small percentage of total gold ounces.”
Fred Davidson, President & CEO of IMPACT stated, “We are encouraged by the results of this successful coarse gravity separation test work and with additional testing we will assess how the introduction of a DMS preconcentration process module may impact the economics to the point of turning a profit from operations. We are continuously working on reducing production costs and the application of innovative technologies have the potential to impart a significant positive impact on the cost structure of our operations. Combined with this positive news and improving sentiments in overall markets for precious metals in recent months — Capire now represents a realistic near term expansion production site for IMPACT.”
Newmont Goldcorp Corporation (formerly known as Newmont Mining Corporation) announced today that the Company has successfully completed the previously announced solicitation of consents from holders of its outstanding 5.875% Notes due 2035 to effect the Amendments (as defined below) to the indenture governing the Notes.
Golden Minerals Company today announced that on August 19, 2019, the Company was notified by the NYSE American LLC that it was not in compliance with one of NYSE American’s continued listing standards as set forth in Part 10 of the NYSE American Company Guide. Specifically, the Company is not in compliance with Section 1003(a)(iii) of the Company Guide since it reported stockholders’ equity of less than $6.0 million as of June 30, 2019 and losses from continuing operations and/or net losses in its five most recent fiscal years.
Sable Resources Ltd. announces that it has completed the distribution of 29,937,618 common shares of Talisker Resources Ltd. to shareholders of the Company.
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