Category: Investor’s Corner

Brad Marwood, Chief Executive Officer of the Company commented “We are very happy to have secured the increase in ownership of the Plomosas Mine as we see a bright future for the mine that will deliver increased shareholder value. Over the next 9 months the team will be pursuing avenues to increase production and decrease costs while revenues from zinc sales will allow the Company to resume resource definition drilling to increase the resource base and confidence.”

Ethos Gold Corp. announces that it has completed a non-brokered private placement of 7,000,000 Flow-Through Units of the Company at a price of C$0.28 per FT Unit for gross proceeds of C$1,960,000.

CAMROVA RESOURCES INC. announced today it has entered into an option agreement with Armex Mining Corp., a private mining company located in Vancouver, British Columbia granting it the right, effective as of December 24, 2018 to earn up to a 50% interest in and to certain mineral claims adjacent to and forming part of Armex’s Goldstream Mine Project located approximately 100 kilometers north of Revelstoke, British Columbia.

Jason Weber, P.Geo., President and CEO of Alianza noted that “The financing was done quickly with very good demand from existing and new shareholders. Exploration plans will be finalized in the first quarter and we look forward to an active 2019 for Alianza Minerals.”

MEXICAN GOLD CORP. is pleased to provide an update on the second tranche of the previously announced non-brokered private placement of units in the Company at $0.20 per Unit for gross proceeds of up to $3,000,000, subject to the Company’s option to increase the size of the private placement by 25%.

Mr. Brad Langille, CEO stated, “The Company is in a very strong financial position and is actively looking at opportunities to add quality undervalued assets. I am very pleased with the pace at which production is increasing as Parral gets back up to normal production levels. We expect production for the current quarter to be between 325,000 and 355,000 silver equivalent ounces.”

Aura Minerals Inc. today announced a consolidation of its common shares on the basis of one new Share for ten old Shares, effective December 31, 2018. The Company’s consolidated common shares are expected to begin trading on the Toronto Stock Exchange when the markets open on January 4, 2019.

Santacruz Silver Mining Ltd. has completed its previously announced issuance of 250,000 of its common shares to Haywood Securities Inc. pursuant to an amended financial advisory agreement between the Company and Haywood. The Advisory Fee Shares were issued to Haywood, along with a cash payment of $1,063, in satisfaction of general financial advisory services provided to the Company by Haywood, including services relating to the Company’s disposition of its interest in the Gavilanes Project in August 2017. The TSX Venture Exchange has accepted the issuance of the Advisory Fee Shares. The Advisory Fee Shares were issued at a deemed share price of $0.085 (gross value: $21,250).