Category: Investor’s Corner

Goldplay Press Release Correction

Goldplay Exploration Ltd. wishes to correct an error in its press release entitled “Goldplay Closes Over-Subscribed Private Placement” issued on June 24, 2019. The number of common shares issued in connection with the completion of the Company’s over-subscribed financing was 11,010,000 common shares, rather than 10,010,000 common shares referred to in the Company’s previous press release. The Company raised gross proceeds of $1,376,250. This correction does not change any other amounts or information reported in the June 24, 2019 press release.

Defiance Appoints Interim CEO

Defiance Silver Corp. announces that is has appointed Mr. Chris Wright to fill the role of CEO, on an interim basis, while it conducts a thorough search for a permanent candidate. Mr. Peter Hawley has resigned as Interim Chief Executive Officer, President and Director. Mr. Hawley will remain as a technical advisor.

Galore Announces a Non-Brokered Private Placemant and Provides Update on Drilling at its Dos Santos Project

Galore Resources Inc. is pleased to announce that it intends to commence a non-brokered private placement to raise gross proceeds of up to USD $1,500,000.00. The private placement will consist of up to 40,200,000 units, using the conversion rate of ($1 USD = $1.34 CAD) at a price of CAD $0.05 per unit, with each Unit consisting of one common share and one share purchase warrant. Each warrant will be exercisable into one additional common share at a price of CAD $0.10 per share for a period of two years from the date of closing of the financing.

San Marco Announces the Results of its AGM and Corporate Appointments

San Marco Resources Inc. announces the results of its annual general meeting held on June 20, 2019. Tookie Angus, Brian Lock, Andy Carstensen, Craig Prenter and Robert Willis were re-elected as directors of the Company for the next year. Bill Myckatyn, did not stand for re-election. San Marco’s board thanks Bill for his years of significant contributions to San Marco and wishes him well in his retirement.

Santacruz Extends Due Date Short-Term US$2.3 Million Loan and Agrees to Increased Issuance of Loan Bonus Warrants

Santacruz Silver Mining Ltd. reports that it has reached an agreement to amend the repayment terms of the US$ 2.3 million short-term loan that it has borrowed from a private Bolivian mining company as previously announced in the Company’s press releases dated March 7, 2018 and August 29, 2018. Pursuant to the amended terms, the principal balance of US$2.3 million is now to be repaid by January 30, 2020 (previously extended to October 1, 2018).

Goldplay Announces Over-Subscription of Private Placement Financing

Goldplay Exploration Ltd. announces that further to its news release of June 17, 2019, it has received interest above the previously announced private placement of up to 8,800,000 common shares at a price of $0.125 per share for gross proceeds of up to $1,100,000, and accordingly intends to increase the amount to be raised under its non-brokered private placement offering to $1,376,250, subject to TSXV approval. All other terms of the offering remain as set out in the Company’s June 17, 2019 news release.

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