Category: Investor’s Corner

Colibri Resource Corporation wishes to announce that, subject to regulatory approval, it has completed a private placement in the amount of 6,340,000 units for gross proceeds of $317,000.

“We have experienced operating issues at our Black Fox Mine and with the startup of our Gold Bar Mine. While viewed as temporary, these issues have resulted in much lower revenue this quarter than planned. As a result, we decided the prudent and responsible course of action was to conserve our cash and suspend the distribution,” said Rob McEwen, Chairman and Chief Owner.

La mina de San Julián tiene su origen a mediados de 1800 cuando fue descubierta y trabajada por el inglés “John Marshall” con una planta de beneficio al parecer con capacidad de 100 toneladas / día.

Minera appreciates the ongoing support of both Donald Smith and Aegis as well as the other participants in the Offering as we begin a transformational year leading toward construction decisions at our Santana and Fortuna gold projects, stated Doug Ramshaw, President of Minera Alamos.

Alio Gold Inc. today announces that Chief Executive Officer, Greg McCunn, has advised the Board that he will be resigning to pursue another opportunity. Mr. McCunn’s departure will be effective in March, following completion of the year end financial reporting process.

We are very pleased to close this important transaction that immediately transforms Great Panther into an intermediate precious metals producer with a strong and diversified portfolio of producing mines, advanced stage growth projects, and exploration assets, stated James Bannantine, President and CEO.

There are several areas of current legal activity relating to protecting and enforcing the Company’s interest in the Santo Tomas Concessions. At present, the following initiatives, amongst others, are expected to validate and maintain the status quo of the titles and eventually remove any unwarranted ownership claims to the Santo Tomas Concessions as are currently being made by Aztec Copper Inc., an Arizona company, and its Mexican subsidiary, Prime Aztec Mexicana S.A de C.V.

Magellan’s CEO, Pierce Carson commented, “We are pleased to be able to engage David, who is a highly respected engineer with over 45 years of experience in mine operations and management. Of particular relevance, his background includes many years in design, construction and operation of underground mines in Mexico. Initially, his work on El Dorado will focus on mine design, project economics and formulation of a detailed development schedule and budget.”

“The Company had strong cash flow growth during San Rafael’s ramp-up to full production in 2018 despite the significant decrease in metal prices in the second half of the year,” said Darren Blasutti, President & CEO of Americas Silver.