GR Silver Mining granted 860,000 stock options to employees/consultants and 400,000 options to executive officers (various vesting terms), all exercisable at $0.155 per share. It also issued 154,836 deferred share units (DSUs) to non-executive directors for quarterly fees, which vest in one year and can be settled for shares or cash once directors leave.
Fortune Bay Corp. is pleased to announce that it intends to complete a non-brokered private placement for aggregate gross proceeds of up to $2,800,000. The Company intends to issue up to 8,750,000 units.
“The state executive and federal technical meetings continued to provide commitments of strong Mexican Government support for the Santo Tomás Project. Coordinated by Congressional Deputy Mario Zamora and his staff, these meetings have led to a responsive and supportive dialogue with Mexico’s senior economic and mine development officials and we are extremely grateful for the guidance and support. The pathway forward for the continued development of the Santo Tomas Project is now clear,” commented the Oroco Chairman, Craig Dalziel.
Oroco Resource Corp. reported productive meetings with the Governor of Sinaloa and Mexican federal officials to advance the Santo Tomás copper project in Choix, Sinaloa. Authorities acknowledged the project’s potential for sustainable development, economic growth, and local jobs, and discussions included steps toward registering Santo Tomás as a Key Development Project with government support.
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