Category: Investor’s Corner

First Mining Gold Corp. is pleased to announce that due to strong demand, the Company has upsized and closed a second tranche of its previously announced non-brokered private placement financing for gross proceeds of $5.1 million.

An aggregate of 2,263,666 units at a price of $0.15 per Unit were issued in the Final Tranche for gross proceeds of $339,549.90 and the net proceeds are expected to be used for ongoing working capital requirements relating to the Rebeico gold-copper project in Sonora, Mexico.

Avino Silver & Gold Mines Ltd. announces that on February 25, 2020 Avino acquired 6,290,000 common shares of Talisker Resources Ltd. through the exercise of 6,290,000 Talisker share purchase warrants at a price of $0.25 per share.

Candelaria Mining Corp. is pleased to announce that the Company has received subscriptions for an offering, on a non-brokered private placement basis, of 4,237,042 units of the Company at a subscription price of $0.25 per Unit for aggregate gross proceeds of up to $1,059,261.

“Our third quarter results reflect a normal part of our operational pattern, as mining and exploration companies shut down operations, in some cases for extended periods, over the holiday season. This quarter, we saw earlier shutdowns than last year, particularly in South America,” said Denis Larocque, President and CEO of Major Drilling Group International Inc.

Silver Spruce Resources Inc. announced today that the Board of Directors has appointed Ronald J. Goguen as its President, CEO and Director, effective March 1, 2020. Ron brings extensive business and financial acumen, particularly in exploration, mining and drilling services, to the Company.

Fresnillo plc announces that the Nominations Committee has recommended to the board of directors of the Company and the Board has agreed, that Ms. Myriam Guadalupe De la Vega be proposed for election as an independent non-executive director of the Company at the 2020 annual general meeting, which is due to be held on 29 May 2020, with her appointment to take effect from the conclusion of the AGM, if approved.

Riverside’s President and CEO, John-Mark Staude, stated: “Riverside is pleased with the new updated processing of IP geophysics along this highly endowed gold greenstone belt that has produced 4.1M ounces of gold historically.”

The Company is also pleased to announce that the Board has confirmed the appointment of Mr. Ian Graham as President of the Company effective March 1, 2020, and has also appointed Mr. Graham as a director of the Company, effective immediately.