Category: Investor’s Corner

Aloro Announces Debt Settlement

Aloro Mining Corp. announces that it intends to settle debt in the amount of $102,750 owed by the Company to various insiders of the Company by the issuance of 1,027,500 common shares of the Company at a deemed price of $0.10 per Share.

First Majestic Completes US$230 Million Convertible Senior Notes Offering

The Company will use a portion of the proceeds of the Offering to complete the repurchase, in separate privately negotiated transactions, of approximately US$125.2 million aggregate principal amount of its outstanding 1.875% convertible senior notes for payment of approximately US$164.9 million. The Company intends to use the remainder of the net proceeds from the Offering for general corporate purposes, including strategic opportunities.

Mammoth Receives Additional Drill Permit Expanding Area to be Drilled at its Tenoriba Gold-Silver Property, Mexico

Mammoth Resources Corp. is pleased to announce that the Mexican environment ministry; Secretaría del Medio Ambiente y Recursos Naturales (SEMARNAT) has approved Mammoth’s application for an additional drill permit which allows for an additional up to 182 drill sites and covers all of the approximately 6-kilometre generally east–west trend of surface gold-silver mineralization sampled on Mammoth’s 100% owned Tenoriba gold-silver property located in the prolific Sierra Madre precious metal belt, Mexico.

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