Category: Investor’s Corner

Sable Resources Ltd. Announces Strategic Investment with Osisko Gold Royalties

Sable Resources Ltd. announces that it has entered into an Investment Agreement along with an Equity Subscription Agreement with Osisko Gold Royalties Ltd for total potential proceeds of $12.58 million. Sable believes that the Financing will provide the Company with the funding to progress its exploration objectives over its entire portfolio for the next 4 years.

Chesapeake Closes $12 Million Brokered and $3 Million Non-Brokered Private Placements

President of Chesapeake, Randy Reifel stated, “We are pleased to have the continued confidence of Eric Sprott and the market awareness of his strategic investment. The financing further strengthens our pace to advance the significant project pipeline being developed around Metates. As well, Chesapeake is evaluating newly developed metallurgical technologies that may potentially lower Metates capital and operating costs by simplifying the process flow sheet.”

Teck Announces Dividend

Teck Resources Limited announced today that it will pay an eligible dividend of $0.05 per share on its outstanding Class A common shares and Class B subordinate voting shares on September 30, 2019, to shareholders of record at the close of business on September 13, 2019.

Excellon Completes $11.5 Million Bought Deal Financing

The Company intends to use the net proceeds of the Offering to fund exploration and capital expenditures at the Company’s Platosa Project in Durango, Mexico and Evolución Property in Zacatecas, Mexico, for corporate development and for general corporate purposes.

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