Avino has upon the recommendations of its Compensation Committee, granted an aggregate of 526,000 incentive stock options under its Stock Option Plan, and 1,730,500 Restricted Share Units under the Restricted Share Unit Plan to its directors, officers, employees and consultants.
“Ha habido un aumento en los envíos de mineral de hierro y una clara disminución de la restricción del suministro recientemente”, dijo Sarah Zhao, una analista de Huatai Futures Co. quien también destacó los precios más bajos del acero luego de una acumulación de inventarios de dos meses. “Tanto la demanda como la oferta están alimentando la recesión”.
VVC Exploration Corporation announces that its Annual General Meeting of Shareholders took place on August 19, 2018 and that the shareholders approved the election of all Directors proposed by Management.
SSR Mining Inc. announces that it has completed the previously announced transaction with SilverCrest Metals Inc. to purchase, on a private placement basis, 780,000 common shares of SilverCrest at a price of C$5.85 per common share for total consideration of C$4,563,000.
Goldgroup Mining Inc. announces that further to its Annual General Meeting of Shareholders of the Company held on July 31, 2019, directors Keith Piggott and Harry Burgess have not tendered their resignations as directors pursuant to the Company’s Majority Voting Policy, due to mitigating circumstances which have been communicated to the TSX.
Magna Gold Corp. is pleased to announce that further to its press release on May 27, 2019, it has completed the acquisition of the Las Marias Property and Las Cabanas mineral claims. Las Marias Property consists of 7 mining concessions covering 646 hectares adjacent to the Mercedes Property and Las Cabanas consists of 2 claims covering 248 hectares located approximately 10 km south-west of the Mercedes Property in Sonora, Mexico. The total purchase price for the new mineral concessions and other rights was $250,000 and the issuance of 1,000,000 common shares of the Corporation.
Discovery Metals Corp. announces that it has granted to certain officers, directors, employees and/or consultants of the Company an aggregate of 5,300,000 options to acquire common shares of the Company.
SilverCrest Metals Inc. is pleased to announce the completion of its prospectus offering announced on July 23, 2019 whereby the Company issued a total of 4,326,300 common shares at a price of $5.85 per common share for gross proceeds of $25,308,855, including exercise of the over?allotment option in full. The Offering was led by National Bank Financial Inc. and Desjardins Capital Markets on behalf of a syndicate of underwriters that included Cormark Securities Inc., PI Financial Corp., RBC Dominion Securities Inc., BMO Nesbitt Burns Inc., Eight Capital, Beacon Securities Limited, Roth Capital Partners, LLC and Scotia Capital Inc. The Company paid the underwriters an aggregate cash commission of $1,252,942. The Company plans to use the net proceeds of the Offering for continued exploration and advancement of the Las Chispas Project to feasibility level and for working capital purposes.
Fred Davidson, President & CEO of IMPACT stated, ”Nearly seven years into this mineral downturn, silver had a challenging first half of 2019. Continuing the cost reduction efforts implemented from September 2018, operating expenses in Q2 2019 dropped to just $3.0 million from $3.8 million, a sharp 20% decrease despite only a 10% drop in silver ounces sold. The decrease in land package size, keeping the high potential packages with the possibility to quickly re-acquire, showcases the flexibility and nimbleness of our operations. Being the largest employer in Zacualpan for the last 14 years, IMPACT has built up trust and rapport with mining government contacts and local staff.”
Aura Minerals Inc. announces that the Company has published its third quarter 2018 financial and operational results.
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