Category: Investor’s Corner

Fortuna Silver Terminates Pachuca SE Option Agreement

Prospero Silver Corp announces that Fortuna Silver Mines Inc has terminated the property option agreement for the Pachuca SE project which was signed in January, 2019. Fortuna has not earned an interest in the Pachuca SE property.

Sable Resources Ltd. announces closing of royalty purchase agreement with Osisko Gold Royalties

Sable Resources Ltd. announces that as previously described in its press release dated August 28, 2019, it has entered into a definitive royalty purchase agreement with its wholly-owned Mexican subsidiaries and Osisko Gold Royalties Ltd. The initial closing under the Royalty Purchase Agreement has occurred and Sable has received proceeds in the amount of $5.0 million. Pursuant to the completed initial royalty transaction, as guaranteed by Sable, Exploraciones Sable, S de R.L. de C.V. has granted Osisko a 1% net smelter returns royalty on its properties. Under the terms of the Royalty Purchase Agreement, for no additional consideration, the NSR will extend to any additional properties acquired by Sable within a period of four years from the closing.

San Marco to Raise $1.05 Million Through Non-Brokered Private Placement

Proceeds of the private placement will be used for funding exploration of the Buck property, consisting primarily of drilling (approximately $500,000), general exploration for high quality gold/silver properties in B.C. (approximately $200,000) and working capital (approximately $350,000).

Goldplay Exploration Ltd. Issues Shares for Services

Goldplay Exploration Ltd. announces that it will make its first issuance of shares to a contractor it engaged under the shares for services drilling contract previously announced on May 16, 2019. Under this issuance, the Company will issue 824,376 common shares at a deemed price of $0.20/share for services valued at $164,875.24. These shares are subject to a hold period expiring January 21, 2020, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

Silver Spruce Announces Melchett Lake VMS Project Acquisition

Silver Spruce Resources Inc. is pleased to announce that it has signed a binding Letter of Intent with three parties to acquire 100% of the Melchett Lake Zn-Au-Ag volcanogenic massive sulphide project, an advanced precious and base metal project in the Thunder Bay Mining District, northern Ontario, Canada.

Tamino Minerals, Inc. Update

The Company has prepared a Summary of Events to present to the FGR, Fiscalia General de la Republica, to update them on our latest achievements, and will be presented to them in the near future.

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