“Alexander will, we believe, begin to benefit significantly from its technological and market positioning during 2018 and beyond,” said Chairman Alan Clegg.
Harvest Gold Corporation (TSX.V: HVG) is pleased to announce that at the Companys AGM held May 9th in Vancouver, its 5 Directors were reelected with between 90% and 99% of the almost 9 million shares voted. Richard Mark, Christopher Cherry, Edward Zablotny, David Mosher and Joel Matheson will continue as Harvest Golds Board of Directors until the next AGM. The Companys Auditors, DMLC of Vancouver were reappointed, the share option plan was approved, and the shareholders approved the updated and new Articles of the Company. Each of these resolutions passed with over 90% approval.
SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) announces that each of the nine nominees listed in the management proxy circular for the 2018 Annual and Special Meeting of Shareholders were elected as directors of SSR Mining on Thursday, May 10, 2018.
Luis Castro, Vice President, Exploration for Endeavour Silver, commented, We are very encouraged to discover these new zones of high grade polymetallic mineralization within the San Patricio vein system. Hole 20 suggests the vein system blossoms into three parallel veins of higher grades moving to the south and at depth where the central mineralized zone is wide open for expansion.”
We are very pleased that that both projects continue to generate such compelling drill results, commented Stephen McGibbon, Executive Vice-President of Premier Gold Mines Ltd in the Companys C-Suite Blog. At Hasaga, the C-Zone and D-Zone targets are clearly structurally-controlled and appear to be open for further expansion, while defining such high grades close to our mine workings at Mercedes will support improved operational performance.
The Magistral Agreement is in addition to the other four previously disclosed binding agreements that collectively propose to sell the Companys entire mining portfolio in an arms length transaction to a private company for the aggregate purchase price of approximately CDN$14,952,000. The Company intends to use the funds to expand its existing and successful cryptocurrency mining pilot project of 360 mining units through the purchase of an additional 2,000 mining units under its existing lease arrangements located in Manitoba. The proposed sale of its mineral exploration assets and expansion of its cryptocurrency business will constitute a Change of Business as defined by the policies of the TSX Venture Exchange.
One World Lithium Inc. (CSE: OWLI) (OWL) is pleased to announce that it has granted incentive stock options to a consultant of the Company to purchase up to 500,000 common shares of the Company at a price of $0.15 per common share. The stock options are exercisable on or before February 15, 2019 with 100,000 vesting on June 15, 2018, another 200,000 vesting on September 15, 2018 and the balance vesting on October 15, 2018.
The independent report, dated April 18, 2018 (effective date December 31, 2017), entitled TECHNICAL REPORT ON THE MERCEDES GOLD-SILVER MINE, SONORA STATE, MEXICO was completed by Roscoe Postle Associates Inc. and provides detail to the disclosure contained in the Companys news release issued on March 26, 2018. Qualified persons for the report include Kathleen Ann Altman (Ph.D., P.E.), Grant A. Malensek (P.Eng./P.Geo.), and Chester M. Moore (P. Eng.).
Almaden intends to use the net proceeds of the Offering for exploration and development activities relating to the Ixtaca project, and for general corporate purposes.
Pan American Silver Corp. (NASDAQ: PAAS; TSX: PAAS) reported the voting results from its annual general and special meeting of shareholders held May 9, 2018 in Vancouver, British Columbia. Each of the matters voted upon at the Meeting is described in detail in the Company’s Management Information Circular dated April 4, 2018, which is available on the Company’s website at www.panamericansilver.com.
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