Category: Investor’s Corner

Avino Announces Pricing of US$4 Million Underwitten Public Offering

Avino Silver & Gold Mines Ltd. today announced that it has priced an underwritten public offering of an aggregate of 6,239,867 common shares of the Company, together with warrants to purchase up to 6,239,867 common shares of the Company, at a public offering price of US$0.65 per share and associated warrant to purchase one common share. Each warrant will have an exercise price of US$0.80 and will expire five years from the date of issuance.

Advance Gold Files for Approval of Private Placement Financing

Advance Gold Corp. is pleased to announce it has filed documents with the TSX Venture Exchange to close its private placement financing previously announced August 22, 2018. Subject to regulatory approval, the Company will issue 3,003,527 units at $0.085 per unit for gross proceeds of $255,300. Each Unit consists of 1 common share of the Company and 1 common share purchase warrant, with each warrant being exercisable at $0.10 for 24 months.

Oceanus Closes Private Placement

The proceeds from the private placement will be used for Oceanus’ El Tigre Property in Sonora, Mexico and for general working capital purposes. The private placement remains subject to final acceptance by the TSX Venture Exchange.

Mexican Gold Announces Organizational and Strategic Updates With Appointment of Dr. Carl Hering, PhD, as CEO and John Anderson as Chairman

Mr. Anderson stated, “I am pleased to become the Chairman of Mexican Gold Corp and look forward to working with both Dr. Hering and Mr. Robertson to grow the Company. Mexican Gold will be advancing its Las Minas Project to the pre-Feasibility stage, while continuing to explore this gold rich project. In addition, the company may evaluate other quality acquisition and exploration opportunities. This strategic plan will optimize both shareholder value and growth.”

Defiance Silver and ValOro Resources Announce Merger to Create a Leading Diversified Mexican Explorer

Dunham Craig, President and CEO of ValOro, said “Combining ValOro with Defiance presents an opportunity to build a premier exploration company focused on Mexico, driven by an experienced management team and the opportunity to significantly enhance the long term growth potential of the Tepal gold-copper project. With a 2017 Preliminary Economic Assessment that produced positive economic results coupled with our 2017 and 2018 exploration work in preparation for a drill program to potentially expand the resource and test new targets, this transaction provides further value accretion by coupling our asset with the exploration potential at the San Acacio Silver deposit, further providing value accretion for ValOro and our shareholders.”

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