Category: Investor’s Corner

Harvest Gold Corporation (TSX.V: HVG) is pleased to announce that, further to its news release of June 8, 2018, it has closed a second tranche of its non?brokered private placement issuing an additional 2,992,000 units at a price of $0.05 per Unit, raising additional gross proceeds of CDN$149,600 for a total of CDN$479,600 gross proceeds raised to this point in the Private Placement. Each Unit consists of one common share and one transferable common share purchase warrant exercisable at $0.10 per share for a period of two years.

At the Meeting, all director nominees listed in the Company’s management information circular dated May 10, 2018, were elected as directors of the Company.

Aura Silver Resources (TSX-V:AUU) announces that it intends to extend the expiry date of 3,500,000 warrants from July 9, 2018 to July 9, 2020. These warrants are held by arm’s length investors and were originally issued in a non-brokered private placement that closed on July 9, 2015. The exercise price of these warrants remains unchanged at $0.05.

In response to commitments from several investors to purchase securities of the Company in the aggregate amount of $6.5 million, the Company has decided to increase the size of the Offering to a maximum amount of $8 million and to amend the terms of the units of the Company to be sold under the Offering. The Offering will now consist of the sale of up to 53,333,333 Units at a price of $0.15 per Unit. The size of the Offering may be further increased at the discretion of the Company due to market demand.

Hundreds of feet below thick boreal forest blanketing the Canadian Shield, a squad of near-silent, battery-powered machines are tunneling toward gold in a multimillion-dollar mining experiment to ditch diesel.

Dan O’Flaherty, President and CEO of Maverix, commented, “We are pleased to be working with CIBC and NBF and appreciate the support and confidence they have shown in our business model. The expected increase in our operating cash flows, coupled with this facility, should provide Maverix with greater financial flexibility and capacity to continue to grow our precious metals royalty and streaming portfolio.”

Shareholders voted in favour of all items proposed by the Board of Directors and management.

Golden Reign Resources Ltd. (TSX-V: GRR), Marlin Gold Mining Ltd. (TSX-V: MLN) and Sailfish Royalty Corp. (TSX-V: FISH) are pleased to announce that they have entered into an agreement to extend the termination date of the previously announced non-binding letter of intent regarding the business combination of Golden Reign’s wholly-owned San Albino-Murra Property in Nueva Segovia, Nicaragua and Marlin’s La Trinidad Mine in Sinaloa, Mexico. The LOI will now terminate on the earlier of (a) June 29, 2018, (b) entering into of the definitive arrangement agreement in connection with the business combination, and (c) such other date as may be mutually agreed by the parties in writing. All other terms of the LOI remain in full force and effect, unamended.

Further to its news release of June 12, 2018, Starcore International Mines Ltd. (TSX:SAM) is pleased to announce it has completed a private placement of secured bonds in the aggregate principal amount of CDN$3 million. The Bonds bear interest at 8% per annum, payable on maturity, and mature on June 18, 2020. The Bonds are secured by a charge over all of the Company’s and its subsidiaries assets.

Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American/GV6: FSE) is pleased to announce that Peter Bojtos has joined the Company’s Board of Directors as an independent Director effective June 15, 2018; and in addition, we are also delighted to provide a corporate update to announce recent promotions.