Category: Investor’s Corner

Oroco Announces Special Meeting Date

Oroco Resource Corp. is pleased to announce that it will hold a Special General Meeting of its shareholders at 2:00 p.m. on Thursday, December 19, 2019, at 402 – 1166 Alberni Street, Vancouver, B.C., to consider and vote on a resolution to approve the Company’s option to acquire Altamura Copper Corp. and advance loans to Altamura as described in the Company’s news release of October 9, 2018. The Company will also hold its annual general meeting at that time.

Freeport-McMoRan Reports Third-Quarter And Nine-Month 2019 Results

Richard C. Adkerson, President and Chief Executive Officer, said, “Our global team has established strong momentum on our three major initiatives to build value for shareholders. We are effectively executing our plans to establish large-scale production from our significant high-grade, low-cost and long-lived underground ore bodies at Grasberg; advance the Lone Star project in Arizona as a new cornerstone asset in the U.S.; and progress our innovation initiatives to enhance productivity and grow our Americas operations with low capital intensity.”

Excellon Announces Q3 2019 Production Results

“We are ahead of where we were after three quarters in 2018, despite lower base metal prices, but we continue to have further work to do at both Platosa and Miguel Auza,” stated Brendan Cahill, President and Chief Executive Officer.

Fresnillo plc – Third Quarter Production Report for the Three Months Ended 30 September 2019

Octavio Alvídrez, Chief Executive Officer, said: “We continued to implement the performance improvement plan for our Fresnillo District mines during the third quarter. This programme includes intensive infill drilling to improve the geological model, dilution control and raising development rates, whilst also taking actions to address maintenance performance, contractor productivity and equipment availability. As a result, while grades remain variable, we are now processing higher volumes of ore on a more consistent basis at Fresnillo.”

Magna Gold Corp. Announces Closing of VRIFY Technology Transaction

Magna Gold Corp. is pleased to announce that further to its press releases dated June 11, 2019 and October 17, 2019, the Company has issued 99,502 common shares in the capital of the Company at a deemed issue price of $0.25125 per Share to VRIFY Technology Inc., in consideration for the provision of technology services. The Consideration Shares will be subject to a hold period of four months and one day from the closing date.

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