The Financing will be for a maximum of $300,000 resulting in 4,000,000 Units being issued. Funds will be used to advance the Tabasquena project and for general corporate purposes.
Richard C. Adkerson, President and Chief Executive Officer, said, “I am proud to share our Annual Report on Sustainability and our Climate Report. Our commitment to our workforce, host communities and governments, the environment and matters important to all stakeholders drives our corporate culture.”
Auxico Resources Canada Inc. is pleased to announce that it has signed a joint venture agreement with Kibara Minerals for the concentration and export of tantalum and niobium ores from the Democratic Republic of the Congo.
Golden Goliath Resources Ltd. is very pleased to announce that the recently announced private placement has now received the necessary regulatory approvals. Originally planned for $350,000, the private placement was increased to $450,000 due to demand and then again to $500,000.
Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.015 per common share.
Magna Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of 17,075,000 common shares in the capital of the Company at a price of $0.41 per Offered Share for aggregate gross proceeds of $7,000,750.
As announced by the Company on March 3, 2020, the Company was previously working towards completing an initial public offering of BDRs in Brazil, which plans the Company subsequently suspended in light of the ongoing COVID-19 pandemic as announced by it on March 24, 2020.
Simon Ridgway, President and CEO of Radius, commented, “The potential of this region of Guatemala for significant gold/silver discoveries is proven. The country now has a pro-mining government that sees value in creating employment for its people. Now is the right time for Radius to bring in Volcanic’s focused, well financed, well managed exploration team to make the discoveries that will create wealth for all the stakeholders in this region of Guatemala.”
Red Cloud is a Toronto-based financial services company that provides investor relations services, including assisting with increasing investor awareness and overall marketing of Silver Tiger.
The proceeds of the Private Placement will be used primarily to fund Discovery’s continuing exploration program at its Cordero project and its Coahuila projects. A portion of the proceeds will be used for general working capital purposes.
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