Category: Investor’s Corner

Prize Mining Announces Changes to the Company’s Board of Directors

PRIZE MINING CORPORATION wishes to announce the appointment of Mr. José Aviña to the Company’s Board of Directors effective December 31, 2018. The Company would also like to report the resignation of Mr. Dallas Pretty from the Company’s Board effective December 31, 2018.

Aura Completes Share Consolidation

Aura Minerals Inc. completed, effective December 31, 2018, the previously announced consolidation of its common shares on the basis of one new Share for ten old Shares. The Company’s consolidated common shares are expected to begin trading on the Toronto Stock Exchange when the markets open on January 7, 2019.

Avino Announces US ATM Offering Of Up To US$8.0 Million

Avino Silver & Gold Mines Ltd. announces that it has filed a new short form base shelf prospectus dated December 21, 2018 in Canada, pursuant to which Avino may distribute common shares from time to time through Cantor Fitzgerald & Co. as agent or as principal, pursuant to an amended and restated sales agreement currently in effect with the Agent for the distribution of the Offered Shares in the United States up to the aggregate sales amount of US$8.0 million in accordance with the terms of the Sales Agreement.

Consolidated Zinc Ltd. – Detailed Costing Study Clarification

As set out in the September 2018 Quarterly Report announced on 29 October 2018, Consolidated Zinc Limited has undertaken a Detailed Costing Study that was submitted to banks and merchant trading houses and led to finance offers for the Plomosas Project. However, the opportunity presented by Grupo Mexico’s toll treatment and offtake agreement offered greater benefits and was accepted making the Study redundant in its current form.

First Majestic Silver Corp. Announces At-The-Market Offering Equity Program

First Majestic Silver Corp. is pleased to announce it has entered into an equity distribution agreement dated December 27, 2018 with BMO Capital Markets Corp. pursuant to which the Company may, at its discretion and from time-to-time during the term of the Sales Agreement, sell, through the Agent, such number of common shares of the Company as would result in aggregate gross proceeds to the Company of up to US$50.0 million.

Defiance Silver and ValOro Resources Announce Completion of Merger

Peter J. Hawley, President and CEO of Defiance, stated “We are pleased to complete the merger with ValOro and look forward with a shared common vision to unlock further exploration potential at the San Acacio silver project and Tepal gold project. I thank the shareholders of both Defiance and ValOro for their support of this transaction.”

Silver One Provides Highlights of 2018 Exploration and Development, Announces C$460,000 Non-Brokered Private Placement, Restructures Net Smelter Return Agreements with First Mining Gold

Greg Crowe, President and CEO of Silver One Resources commented, “Since the Company started trading in Q3 2016, Silver One has continued to grow its mineral assets to include its flagship project, the past-producing silver mine at Candelaria and a highly prospective silver-gold exploration opportunity at Cherokee, both in Nevada.This is in addition to three silver projects located in Mexico acquired from First Mining Gold in 2016.The company has worked diligently to build a strong asset base despite a difficult time for the commodities sector and is now in a position to focus on organically growing these exceptional properties.The completion of the above announced private placement will allow the Company to conduct a limited drill program on its Peñasco Quemado project in Sonora State, Mexico which has geological similarities to the South32 Hermosa-Taylor project in Arizona.South32 recently acquired Arizona Mining for US$1.3 billion.”

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