McEwen Mining Inc. is pleased to announce two new management appointments. Steven Woolfenden, will be joining as the Vice President of Environment and Community Affairs; and Stefan Spears is changing roles to become Vice President of Corporate Development.
Silver One Resources Inc. is pleased to announce that it has increased its previously announced private placement offering announced on July 3, 2019 from up to 20,000,000 units to up to 40,000,000 Units at a price of $0.125 per Unit for gross proceeds of up to $5,000,000.
Oceanus Resources Corporation has closed a non-brokered private placement raising $750,000 through the issuance of 12,500,000 common shares at a price of $0.06 per common The common shares issued pursuant to this private placement are subject to a 4 month hold period that expires on November 9, 2019.
SilverCrest Metals Inc. is pleased to announce the filing of a technical report titled, Technical Report and Preliminary Economic Assessment for the Las Chispas Property, Sonora, Mexico, with an effective date of May 15, 2019. The PEA was independently completed for the Company by Tetra Tech Canada Inc., in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects. The results of the PEA were previously announced in the Companys news release dated May 15, 2019.
Alien Metals Ltd, the AIM quoted exploration and development company, announces the appointment with immediate effect of Bill Brodie Good as an Executive Director (Technical) following the resignation of Peter Taylor from his role of CEO and a director of the Company.
Orex Minerals Inc. is pleased to announce that they have entered into an agreement with Pan American Silver Corp. through its subsidiary Plata Panamericana SA de CV regarding the Sandra Escobar Project, in northern Durango, Mexico.
Frederick Davidson, CEO and President of IMPACT comments ‘The strong interest level in our financing in summer months confirm the quality of IMPACT shareholder’s belief in our large land package’s potential and proven past production level. With additional capital on hand from this financing the Company aims to continue exploring high potential gold and copper assets for near term development around Santa Teresa, continue to optimize the Guadalupe operation to reach positive operational cashflow, continue with Dense Media Separation (DMS) study at Capire Volcanic Massive Sulphide (VMS) project, and push for value creation via joint ventures on the Taxco North areas.’
One World Lithium Inc. announces that it has closed a portion of its private placement which was previously announced on June 7, 2019. The Company raised $ 734,586 CDN to date through the issuance of 3,672,930 units at a price of $0.20 per unit under the offering leaving $ 1,265,414 of the offering yet to close. Each unit consists of one common share of the Company and one-half of a nontransferable Common Share Purchase Warrant. Each Warrant will entitle the holder to purchase one Common Share at a price of $0.25 for a period of 24 months from the closing of the offering. All securities are subject to a four month and one day hold from the closing date.
MEXICAN GOLD CORP. is pleased to announce that, subject to TSX Venture Exchange approval, it is undertaking a non-brokered private placement comprised of up to 50,000,000 units of the Company at an issue price of $0.08 per Unit for aggregate gross proceeds up to $4,000,000.
The region saw 29 new financing deals announced in the quarter worth US$128mn, according to figures collated by BNamericas. This was a sharp drop from the 37 deals and US$387mn in Q1.
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