The change of name of the Company to Boundary Gold and Copper Mining Ltd. was approved.
Newmont Goldcorp Corporation (formerly known as Newmont Mining Corporation) announced today that the Company has successfully completed the previously announced solicitation of consents from holders of its outstanding 5.875% Notes due 2035 to effect the Amendments (as defined below) to the indenture governing the Notes.
Golden Minerals Company today announced that on August 19, 2019, the Company was notified by the NYSE American LLC that it was not in compliance with one of NYSE American’s continued listing standards as set forth in Part 10 of the NYSE American Company Guide. Specifically, the Company is not in compliance with Section 1003(a)(iii) of the Company Guide since it reported stockholders’ equity of less than $6.0 million as of June 30, 2019 and losses from continuing operations and/or net losses in its five most recent fiscal years.
Sable Resources Ltd. announces that it has completed the distribution of 29,937,618 common shares of Talisker Resources Ltd. to shareholders of the Company.
Millrock Resources Inc. announces the TSX Venture Exchange has granted Millrock an extension to the deadline to file final materials in respect of the private placement financing announced on July 10, 2019. The Company must complete the filing by September 25, 2019.
Net proceeds of the Private Placement will be used to advance exploration of the Columba Silver Project in Chihuahua State, Mexico, potentially adding a further drill rig to expedite the current drill program, and to fund further work at Copalito, La Cigarra and other projects as well as for general working capital purposes.
“We welcome Terry and his vast experience to our Board of Directors. We look forward to his input as we develop our exploration projects to resources and beyond.” says Ronald Goguen, CEO.
Our objective is to locate a multimillion ounce of Gold deposit. The State of Sonora is known to host several of them. We believe that we have the necessary expertise within our team of Professionals to find a Multimillion Ounce Deposit.
GoGold Resources Inc. has entered into various agreements to accelerate the acquisition of the 29 concessions that comprise the Los Ricos property in Jalisco, Mexico from private Mexican owners. The Concession Agreements replace the option agreement GoGold had for the Los Ricos property and save GoGold $5.4 million dollars (all amounts USD).
Fred Stanford, President and CEO of Torex, stated: ”We are currently in a debt repayment phase and after this is complete, we will be building cash to fund the construction of Media Luna, and other initiatives. Given these uses for near term cash flow, it is a prudent business decision to lock in some price protection for our primary product…”
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