Red Tiger Mining Inc., today announced that all matters set out in our management information circular dated August 26, 2014 for the 2014 Annual Meeting of Shareholders held on September 22, 2014 were approved by shareholders. A total of 75,210,579 shares were voted representing 74.23% of the outstanding shares of the Company.
Goldgroup Mining Inc.is pleased to announce that the Company closed an agreement with two lender, RMB Resources Inc. and Credipresto SAPI de CV SOFOM ENR, for a USD $10 million secured medium term loan facility. The Facility is being funded 80% by RMB and 20% by Credipresto. Javier Reyes, a director of Goldgroup, is a principal of Credipresto.
Arian Silver Corporation, a silver exploration, development and production company with a focus on projects in the silver belt of Zacatecas, Mexico, reports that the Company has drawn down GBP 107,000 of its GBP 5 million Standby Equity Distribution Agreement with YA Global Master SPV Ltd, as announced by the Company on 27 September 2012.
Santacruz Silver Mining Ltd. is pleased to announce that it has entered into a US$28.4 million Pre-paid Silver Purchase Agreement with JMET, LLC to sell 4,635,000 ounces of silver through August 2019, subject to certain adjustments relating to metal prices. In addition to US$ 28.4 million that will be paid to the Company up front upon satisfaction of certain conditions, at the time of each delivery the Company will receive an amount per ounce of silver equal to the market price at the time, less a fixed discount. It is anticipated that the upfront payment will be advanced within the next two weeks. Under the agreement, the Company maintains the upside on the silver price.
Catalyst Copper Corp. announces that further to its news release dated August 29, 2014, it has closed its non-brokered private placement of 2,100,000 units at a price of $0.30 per unit for gross proceeds of $630,000. Each unit consists of one common share and one full common share purchase warrant. Each whole common share purchase warrant will be exercisable at $0.40 per common share until September 15, 2017. The securities issued in connection with this private placement are subject to a four month statutory hold period expiring on January 16, 2015. Proceeds will be used for general working capital and to explore other potential opportunities.
La minera canadiense Goldcorp tendría contemplado invertir USD 480 millones en México durante este año, para aumentar en un 30% su producción de oro; señala una información del diario NTR Zacatecas. La inversión anunciada supone un aumento de un 37% respecto del año anterior, cuando la inversión llegó a USD 350 millones en el país.
Morro Bay Resources Ltd., a mineral exploration company focused on advancing its Peñoles Project located in the prolific Durango Silver Belt, Mexico announced today it has entered into an Investor Relations agreement with Minera IR Inc. of Toronto, Ontario.
Newstrike Capital Inc. reports the results of an independent technical report developed in accordance with CIM guidelines for a National Instrument 43-101 Preliminary Economic Assessment on its Ana Paula Project located in the prolific Guerrero Gold Belt, Mexico.
Tarsis Resources Ltd. is pleased to announce that the Company has closed the $450,000 financing as previously announced. The financing was comprised of 9 million units.
Oceanus Resources Corporation is pleased to announce the appointment of Glenn Jessome, JD, MBA as President and Chief Executive Officer.
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