Category: Investor’s Corner

Energold Drilling Corp. Announces Filing Under Companies’ Creditors Arrangement Act, Sale Of Substantially All Of Bertram Drilling Corp.’s Assets, Commencement Of Sales Process, And $3.75 Million Interim Working Capital Financing

“I am excited by the strong support shown by the Noteholders as demonstrated by the Interim Lender’s provision of the up to $3.75 million WC Facility, which will provide us with the working capital we need to meet our current customer demand and to continue to provide the highest standard of service through the CCAA proceedings,” said Marco Garrido, Director of Sales of Energold’s Mexico division.

Azure Minerals – Successful Finalisation of Tax Dispute

Azure Minerals Limited is pleased to advise that a dispute over the recovery of IVA (the Mexican equivalent of GST) has been finalised with the Mexican tax authorities. This has resulted in the payment of Mx$10,337,075, approximately $767,000 Australian dollars (after conversion) to the Company’s 100% owned Mexican subsidiary Minera Azure SA de CV.

Newmont Goldcorp Provides Update on Peñasquito Mine in Mexico

Newmont Goldcorp Corporation announced that the dialogue sponsored by the government of Mexico to resolve issues with a trucking contractor and the San Juan de Cedros community (one of Peñasquito’s 25 neighboring communities) has been suspended and that an illegal blockade has resumed.

Promete minera en Zacatecas incluir infraestructura social y deportiva

La empresa minera Peñasquito, filial del grupo canadiense Goldcorp Inc, entregó a la Secretaría de Gobernación su propuesta a los planteamientos hechos por los representantes ejidales y los dirigentes de empresa transportista CAVA, que le demandaron crear incentivos para la comunidad.

Incoming CEO Tom Palmer to Provide Update on Newmont Goldcorp at Denver Gold Forum

“As the world’s leading gold company, Newmont remains focused on keeping our people safe, while growing our profit margins through operating, technical and financial discipline,” said Mr. Palmer. “We will also generate value for our shareholders by leveraging Newmont’s leading land position and exploration program in favorable jurisdictions to grow our Reserves and Resources.”

Bacanora Lithium plc – Directorate Change

Bacanora Lithium plc, the London traded lithium company, announces that Derek Batorowski has resigned as a Director of the Company and applicable subsidiaries effective 12 September 2019.

Defiance Announces Correction To Warrant Extension

Defiance Silver Corp. announces that it has applied for TSX Venture Exchange approval to extend by one year the expiry date of an aggregate of 5,750,001 outstanding warrants (not 6,187,201 warrants as announced September 4, 2019) exercisable at $0.45 per share.

Millrock Completes Sales of Certain Mexico Assets

Millrock has retained two projects in Mexico. The first, El Batamote, targets porphyry copper deposits and is situated in a prime belt which also contains two exceptionally large copper deposits, La Caridad and Cananea. The second project, Guadalcazar, is an oxidized, precious metal-bearing polymetallic skarn deposit located in central Mexico.

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