The Company intends to use the net proceeds of the Offering to conduct a drilling program on the Company’s Kwai property in the Red Lake mining district and for general working capital.
Goldgroup Mining Inc. is pleased to announce that it has closed a definitive agreement in respect of the previously announced secured loan facility in the amount of USD$3,000,000 among the Company as guarantor, the Company’s subsidiary, Minas de Oroco Resources, S.A. de C.V. as borrower, and Accendo Banco S.A., Multiple Banking Institution, as lender.
Ranjeet Sundher, CEO, remarks, “Brigadier is embarking on an aggressive growth trajectory, targeting overlooked gold and silver assets in stable jurisdictions with demonstrable potential for rapid advancement. Mr. Mendoza brings a wealth of experience in the sector, particularly in Mexico. I’m very pleased to welcome him as a Special Advisor and believe his experience and skill set will be instrumental as we move forward.”
“Our Phase One surface program at the Golden Giant has already shown signs of success and has yielded numerous areas of interest that are visually and geologically comparable to other gold discoveries in the region, namely Azimut’s Patwon discovery,” stated Albert Contardi, President & CEO of FMG.
Silver Dollar Resources Inc. is pleased to announce the appointment of Mr. Perry Durning and Mr. Frank (Bud) Hillemeyer as technical advisors to the Company.
Newmont Corporation announced today that on June 27, 2020, 3,034,393 warrants of Quebec Precious Metals Corporation held by Goldcorp Inc., its wholly-owned subsidiary, expired in accordance with their terms.
Magna Gold Corp. announces that it has granted a total of 2,250,000 incentive stock options to purchase common shares of the Company to certain officers, directors and consultants of the Company pursuant to the Company’s stock option incentive plan. Such options are exercisable at a price of $0.98 for a period of five years.
Prospero Silver Corp is pleased to announce that Grant Bosworth, a long-standing member of its board of directors, has agreed to accept appointment to the position of Interim Chief Financial Officer, filling the vacancy created by the previously announced resignation of David Huffer, pending the Company identifying a full-time replacement to join its management team.
At this time, the Company does not expect that there will be a change to its anticipated timing of filing the Annual Filings on or before July 15, 2020.
First Mexican Gold Corp. is pleased to announce that further to its press release of June 15, 2020, the Company has closed the second and final tranche of its previously announced non-brokered private placement by issuing, in the second tranche, an aggregate of 4,248,722 charity-flow through units of the Company at a price of $0.18 per Charity FT Unit for gross proceeds of $764,769.96.
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