Fortune Bay Corp. announces that the Board of Directors of the Company has approved the granting of 500,000 incentive stock options pursuant to the Company’s Stock Option Plan to Mr. Dale Verran.
Mexico Mining Center and DigiGeoData are pleased to announce they have formed a strategic alliance to bring the latest updated versions of Mexico mining property maps as part of the welcome kit for the attendees at the upcoming Discoveries 2020 Mining Conference.
Las dos naciones “han acordado extender por 30 días más las restricciones al tránsito terrestre no esencial en su frontera común, tras revisar el desarrollo de la propagación de COVID-19 en México y en Estados Unidos”, dijo la cancillería en un comunicado.
Silver Spruce Resources Inc. announced today that it has granted 6,750,000 stock options to directors and consultants of the Company with an exercise price of $0.05 per share and an expiry date of June 16, 2025.
Arturo Bonillas, President and Chief Executive Officer of Magna, stated, “While we continue to aggressively advance our re-engineering and optimization of the San Francisco mine, the residual leach operation continues to provide high-margin gold production that has helped to bolster our balance sheet. We continue to be excited about the prospects at San Francisco and look forward to providing our shareholders and the market with an initial view of the mine’s potential in the near-term.”
“M3SH strives to assist clients in gaining new levels of performance, while improving health, safety and wellness – making work easier, safer and more connected using the latest digital solutions. For M3SH this MoU marks a significant development in our ability to deploy our IIoT solutions while working with Canuc and using the Ioticiti Networks Inc. platform,” stated Andre Jansen Van Rensburg, CEO of M3SH.
The Company intends to use the net proceeds of the Private Placement to conduct exploration work on its Tombstone CRD silver-gold-lead-zinc-copper project in Arizona and its Cervantes Porphyry gold-copper project in Mexico, and for general working capital purposes including repayment of working capital loans from two insiders and a strategic investor.
Mr. Ralph Shearing, Telson’s CEO and President states ” Telson’s management is extremely pleased to have gained the major financial support of Accendo Banco and upon closing of the US$12 Million loan facility, the Company will be in a position to advance its 100% owned Tahuehueto gold mine towards the completion of construction which we strive to achieve in early 2021.
Shareholders voted in favour of all items of business, including the election of each director nominee by show of hands.
“We have a special opportunity at Silver City to put the first drill holes into an historic high-grade silver district,” stated Ben Pullinger, SVP Geology.
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