Category: Investor’s Corner

Southern Silver Exploration Corp. reported that the following directors were re-elected at its annual general meeting held on September 27, 2018: Lawrence Page, Q.C., D. Roger Scammell, Eugene Spiering, Nigel Bunting, Larry Buchanan, Peter Cheesbrough and Donald Head. In addition, the shareholders re-appointed Smythe LLP, Chartered Accountants, as auditor of Southern Silver and approved Southern Silver’s rolling incentive stock option plan pursuant to which a maximum of 10% of the issued shares will be reserved for issuance under the plan. The plan is subject to TSX Venture Exchange acceptance.

Sr. Jose Antonio Berlanga, Telson’s Chief Executive Officer stated: “This private placement is priced at a significant premium to the Company’s current market trading price and has been taken up by Management, Officers, Directors and insiders of the Company. It is reflective of the confidence we have in Telson’s assets and future growth potential, both in the short-term and long term, as well as displays our strong commitment to all our shareholders and investors. Despite the current weak metals market, Telson continues to increase production at Campo Morado, and at the same time steadily advances the construction of our Tahuehueto Mine with underground development, site preparation/construction as well as infrastructure development.

The Company intends to use the net proceeds from the offering primarily for advancing the development of the Avino mine and its operations and production, and to a lesser extent for the exploration and development of the Bralorne Mine Property, and for general working capital.

Riverside’s President and CEO, John-Mark Staude, stated: “We are pleased to be listed on the OTCQB, as this provides an opportunity to attract a broader base of investors. Trading on the OTCQB will expand the company’s presence to new and existing shareholders in the U.S. with a transparent trading platform. Admission to the OTCQB exchange is part of our long-term strategy to introduce the company to a wide range of institutional and retail investors in the U.S.”

“The Scorpuis deal is directly inline with our ongoing Upper Level Epithermal Strategy successfully implemented in Mexico and Argentina,” commented Terry Harbort, Vice President of Corporate Development for Sable. “We see Peru as one of Latin Americas most stable and prospective mining jurisdictions. Coupled with our extensive operational experience and geological knowledge in the country and the field indications evident at Scorpius, we are pleased to have the right to acquire this high quality gold project. We will be implementing an aggressive exploration campaign to quickly define and test drill targets”

Following Consolidated Zinc Limited’s recent announcement of its transition to a zinc producer, the Company is now pleased to offer eligible shareholders an opportunity to share in the ongoing progress of your Company by subscribing for up to $15,000 in new CZL shares, with no brokerage costs, through a Share Purchase Plan.

Harvest Gold’s President and CEO, Rick Mark, states “I would like to thank our shareholders and our Vancouver based brokers for their belief in the Cerro Cascaron opportunity. In a still challenging market for junior gold explorers, they have provided us with additional funds that will allow us the flexibility to add meters to our drill program as results dictate. It also allows us to expand our exploration focus and delineate more prospective target areas and better understand the full potential of this district sized, high grade gold and silver property. I expect, with our Joint Venture partner Evrim Resources, we will be announcing details of the upcoming drill program shortly.”

Defiance Silver Corp. announces that, further to its news releases of June 19, 2018 and September 17, 2018, it has increased its third party loan facility from $700,000 to up to $1,120,810. The additional proceeds provide Defiance with the funding necessary to complete its proposed merger with ValOro Resources Inc. and to continue its exploration of the San Acacio Silver project in Zacatecas, Mexico.

Colibri Resource Corporation wishes to clarify certain information regarding exploration potential on its Pilar Project in Sonora State, Mexico. In news releases issued on January 4, February 7 and March 20, 2018 and in its corporate presentation located on its website, the Company stated that it has defined an in-house resource calculation on the Main Zone deposit of 700,000 tonnes grading 1.9 g/t Au. The estimation reported incorporated historical drill holes reported by a previous operator and for which the Company can not verify location and assay data consistent with the requirements for NI 43-101 compliance. The resource calculation is therefore not NI 43-101 compliant and should not be relied upon.

The net proceeds received by the Company from the Offering and the Program will be used for exploration at the Company’s properties in Mexico and Argentina and for working capital and general corporate purposes.