Category: Investor’s Corner

PRIZE MINING CORPORATION is pleased to announce that, further to its news release of May 27, 2019, it has closed the second and final tranche of its non-brokered private placement of 7,800,000 common shares at a price of $0.025 per Share for gross proceeds of $195,000.

Advance Gold Corp. announces that, subject to the approval of the TSX Venture Exchange, it proposes to undertake a non-brokered private placement of units at a price of 5 cents per Unit. Each Unit shall be comprised of one common share in the capital of the Company and one common share purchase warrant with each warrant being exercisable to purchase one common share at a price of seven cents per share at any time within 24 months of the date of issuance.

GoGold Resources Inc.’s is pleased to announce that John Turner has been appointed to the Company’s Board of Directors effective June 18, 2019 and will also serve as Chairman of the Board.

Goldplay Exploration Ltd. is pleased to announce that the Company will undertake a 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. The proceeds of the Offering will be used for exploration on the Company’s San Marcial property in Mexico and general and administration costs for its operations in Mexico and Canada.

Sonoro Metals Corp. announces that the Company proposes to undertake a non-brokered private placement of up to 4,167,000 units at a price of $0.18 per Unit, for gross proceeds of up to $750,060. Each Unit will consist of one common share and one-half of a common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one common share of Sonoro at an exercise price of $0.27 during the one year following the closing of the Offering. The Company may pay a finder’s fee or commission on a portion of the Offering.

Discovery Metals Corp. announces it has applied to the TSX Venture Exchange to extend the term of an aggregate of 31,237,000 outstanding common share purchase warrants that were issued pursuant to a non-brokered private placement as described in the Company’s news releases dated July 17, 2017, July 19, 2017, and August 17, 2017.

Evrim Resources Corp. is pleased to announce the appointment of Dave Groves as Vice President of Exploration for the Company. “Dave will be a key contributor to our generative efforts as well as providing technical leadership and assisting with business development,” stated Paddy Nicol, President and CEO of Evrim.

Excellon Resources Inc. is pleased to announce the appointment of Ms. Anna Ladd-Kruger as Chief Financial Officer and Vice President Corporate Development effective June 26, 2019. Ms. Ladd-Kruger is an accomplished finance executive with 20 years of global experience in building and managing accounting systems, improving financial reporting and internal controls and strategic planning.

7,088 tonnes of ore mined, with mined grades of 14.5% Zinc, 6.0% Lead and 40.3 g/t Silver

MAG Silver Corp. reports that at its annual general and special meeting held on June 13, 2019, MAG’s Shareholders approved by majority: to reduce the size of the board to seven; to elect all seven directors standing for re-election; to re-appoint Deloitte LLP as the Company’s auditor; to approve the continuation of the Shareholder Rights Plan; and the Company’s approach to executive compensation.