Newstrike Capital Inc. announces that it has entered into a loan agreement in the principal amount of up to C$2,000,000 with two shareholders of the Company, Zebra Holdings and Investments S.à.r.l. and Lorito Holdings S.à.r.l. The Company intends to use the proceeds from the loan for general corporate purposes.
Southern Silver Exploration Corp. reports that it has closed the final tranche of its private placement by issuing 1,810,000 units at a price of $0.08 per unit to raise $144,800. Each unit consists of one common share and one share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of five years at an exercise price of $0.08 per share. Together with the previously announced closing of the financing last week, the Company has raised an aggregate $1,600,000.
First Majestic Silver Corp. announced today that its board of directors has approved the extension of its share repurchase program pursuant to a normal course issuer bid in the open market through the facilities of the Toronto Stock Exchange or alter native Canadian market places over the next 12 months. Pursuant to the Share Repurchase, the Company proposes to repurchase up to 5,879,732 common shares of the Company which represents 5% of the 117,594,640 issued and outstanding shares of the Company as of March 6, 2015.
Tarsis Resources Ltd. and Estrella Gold Corporation are pleased to provide the following update on the acquisition of Estrella by Tarsis to join forces, combine efforts, reduce overhead, and become Alianza Minerals Ltd. The transaction is well underway and progressing on schedule. The transaction is expected to be completed by the end of April, except for the financing which may close in tranches before then.
Timmins Gold Corp. is pleased to report its financial results for the year ended December 31, 2014. The comparative period is the year ended December 31, 2013. All results are presented in United States dollars unless otherwise stated. Readers should refer to the 2014 management discussion and analysis and audited consolidated financial statements for complete information.
Fortuna Silver Mines, Inc. is pleased to report updated Mineral Reserve and Mineral Resource estimates as of December 31, 2014 for the Caylloma Mine located in Arequipa, Peru and for the San Jose Mine located in Oaxaca, Mexico.
McEwen Mining Inc. reports its operating and financial results for Q4 and full-year 2014.
Highvista Gold Inc. announces that it is exploring a strategic review of the Company’s business and alternatives in order to maximize value for its shareholders.
Millrock Resources Inc. reports that Sarah Whicker has left the Company and will resign her position as Executive Vice President of Millrock and her positions with various Millrock subsidiaries.
Candente Gold Corp. is pleased to report that Paul H. Barry has been appointed Chairman of the Board of Directors of the Company.
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