Author: Josue Gomez

Evrim Resources Corp. announces a 15,000,000 unit non-brokered private placement at $0.12 per unit for gross proceeds of $1.8 million. Each Unit will consist of one common share and one non-transferable share purchase warrant. Each Warrant is exercisable into one common share at a price $0.25 for five years from the date of closing.

Defiance Silver Corp is pleased to announce the appointment of Michael Kinley to the position of Chief Financial Officer. Mr. Kinley has been the President of Winslow Associates Management & Communications Inc., a private consulting firm which provides professional services to junior public companies. Mr. Kinley is a Chartered Professional Account and has served as an officer and director for several public companies over the past twenty five years. Defiance also announces the resignation of Matthew Kavanagh as Chief Financial Officer.

Almaden Minerals Ltd. is pleased to announce that it has closed a non-brokered private placement involving the issuance of 4,506,666 units at $0.75 per Unit. Each Unit consists of one common share of the Company and one-half of one non-transferable common share purchase warrant. Each Warrant allows the holder to purchase one common share of the Company at a price of $1.00 per share until November 17, 2017. Fees consisting of $44,000 in cash and warrants to purchase up to 35,200 common shares at a price of $0.77 per common share until November 17, 2017 were paid to finders on a portion of the placement.

Starcore International Mines Ltd. has completed a private placement of secured bonds in the aggregate principal amount of CDN$4.5 million. The Bonds bear interest of 8% per annum, payable on maturity, and mature November 12, 2016. The Bonds will be secured by a charge over all of the Company’s assets that ranks pari passu with the existing debt obligations of the Company. The Company has agreed that it will not incur any additional debt obligations without first obtaining the consent of the holders of the Bonds, and will set aside any proceeds received from asset sales in excess of $250,000 towards repayment of the Bonds.

Aurcana Corporation announces that on Friday, November 13, 2015, the Ontario Superior Court of Justice approved the restructuring transaction previously announced by the Company on October 16, 2015 under which all of the Company’s debt obligations to Orion Mine Finance (Master) Fund I L.P., as lender under the Company’s amended and restated senior secured credit facility dated April 29, 2014, will be extinguished pursuant to proceedings under the Canada Business Corporations Act commenced and announced by the Company on October 30, 2015.

BACANORA MINERALS LTD., the London and Canadian listed lithium exploration and development company focused on Sonora, Mexico, is pleased to announce that it has raised approximately GBP 8.8 million (US$13.4 million / CAD $17.8 million) via the placing of 11,476,944 new common shares at a price of 77 pence per share. The Placing is part of the Company’s continuing strategy to become a large scale supplier to the lithium market, where demand is expected to continue growing rapidly thanks to lithium’s key role in highly innovative industries such as smartphones, electric vehicles and energy storage. Through the Placing, Bacanora has secured its first major institutional shareholder as well as receiving support from pre-existing shareholders.