Almaden Minerals Closes Oversubscribed $9.4 Million Non-Brokered Private Placement
Almaden intends to use the net proceeds of the Offering for exploration and development activities relating to the Ixtaca project, and for general corporate purposes.
Almaden intends to use the net proceeds of the Offering for exploration and development activities relating to the Ixtaca project, and for general corporate purposes.
“Our report this year focuses on how we are building value as the foundation for our future,” said Darren Pylot, President and CEO. “The 2017 report provides insight into how we are working to continuously create and preserve both internal and external value as an organization for our employees, local communities, shareholders and society as a whole through the production of copper.”
“We are extremely pleased to have Doug join our management team,” said Greg McCunn, Chief Executive Officer. “His experience, knowledge and operational leadership skills will enhance our ability to deliver consistent results at our operating mines. I look forward to working with him to build Alio into a mid-tier precious metals company.”
First Mining Gold Corp. (TSX:FF) (OTCQX:FFMGF) (FRANKFURT:FMG) is pleased to announce the results of its annual general meeting of shareholders held on June 12, 2018.
N. Eric Fier, CEO, stated: Pierre brings a wealth of technical and corporate expertise from a 34-year career with emphasis on mine construction and mineral processing. His success on technical and corporate matters further enhances our current Board. As the Companys exploration and development progresses at the Las Chispas Project in Mexico, Mr. Beaudoins skill set in project development, design and construction will be a critical complement for continued success.
Argonaut Gold Inc. (TSX: AR) reports that the Judiciary court hearing with respect to the Companys explosives permit for its La Colorada mine has been postponed and is awaiting imminent court scheduling.
San Marco Resources Inc. (SMN: TSX-V) is pleased to announce approval of all matters at the Companys Annual General Meeting held June 1st, 2018, including the re-election of all current directors for the ensuing year. In addition San Marco announces that Christian Grijalva, B.Sc. has been appointed as the CEO of the Company; he previously was the Companys Vice President. Tookie Angus and Robert Willis have been appointed as Co-Chairmen of the Board of Directors. All appointments were effective June 1, 2018.
A total of 130,767,844 common shares were represented at the meeting, being 80.02% of the Company’s issued and outstanding shares. Shareholders voted in favour of all matters brought before the meeting including the re-appointment of PricewaterhouseCoopers as auditors for the ensuing year, and the election of management’s nominees as directors.
Monarca Minerals Inc. (TSXV: MMN) reports that Mr. Allan Folk has resigned as Interim CEO, effective June 1, 2018. Mr. Folk will remain as Director of the Company. The Board of Directors would like to thank Mr. Folk for his contributions to date and the Company looks forward to his continued support. The Board of Directors has appointed Mr. Carlos Espinosa as CEO and he will remain as President and Director.
Sonoro Metals Corp., (TSXV: SMO) (OTCQB: SMOFF), announces the appointment of Mel Herdrick as Vice-President, Exploration. Mr. Herdrick is a professional geologist with 45 years of exploration and mine related experience in the United States and Mexico. His experience includes 10 years as Chief Geologist for Phelps Dodge, Mexico and 7 years as Vice President, Exploration for Pediment Gold in Mexico until its takeover by Argonaut Gold in 2011.
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