Category: Investor’s Corner

At market open today the Company’s common shares and warrants will trade under the symbols “EQXGF” and “EQXWF”, respectively, on the OTC Markets. Equinox Gold’s common shares and warrants will continue trading under the symbols “EQX” and “EQX.WT”, respectively, on the TSX Venture Exchange.

Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American, GV6: FSE) is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation to act as lead agent and sole bookrunner in connection with a best efforts private placement offering of flow-through common shares at an offering price of CDN $2.00 per FT Share for aggregate gross proceeds of up to CDN $5,000,000. The Company will also grant to CFCC an option, exercisable in whole or in part at any time up to two days prior to the Closing Date to arrange for the purchase at the offering price of up to an additional 500,000 FT Shares, or up to a further CDN $1,000,000 in gross proceeds.

MX Gold Corp. (TSX-V:MXL) (FSE:0DV) (OTCQX:MXLGF) is pleased to announce that it has signed a non-binding letter of intent and four binding agreements that collectively propose to sell the Company’s entire mining portfolio in an arm’s length transaction to a private numbered company for the aggregate purchase price of approximately CDN$14,952,000. The Company intends to use the funds to expand its existing and successful cryptocurrency mining pilot project of 360 mining units through the purchase of an additional 2,000 mining units under its existing lease arrangements located in Manitoba. The proposed sale of its mineral exploration assets and expansion of its cryptocurrency business will constitute a Change of Business as defined by the policies of the TSX Venture Exchange.

A total of 71,679,327 common shares of the Company, representing approximately 45.25% of the Company’s issued and outstanding common shares were voted. The Arrangement was approved by 100% (due to rounding) of the votes cast by Corex shareholders (including disinterested shareholders).

Vangold Mining Corp. (TSXV: VAN) (OTC Pink: VGLDF) (FSE: E35B) is pleased to announce the acceptance of the Company’s new members to the Advisory Board, being John P.A. Budreski, T. Gregory Hawkins and R. Stuart (Tookie) Angus.

José Antonio Berlanga, Director and CEO, stated: “The positive Preliminary Economic Assessment marks another significant milestone for Telson. It validates the positive economic value of last year’s acquisition of the Campo Morado mine.”

The Company proposes to use the proceeds of the Financing for exploration and development of the Company’s properties and for general corporate purposes.

ALORO MINING CORP. is pleased to announce that, effective April 2, 2018, it has appointed James Carter to the board of directors and as a member of the audit committee of the Company.

“We successfully achieved our internal production targets in 2017, and we are very close to the completion of Mill Circuit 4, a significant investment in Avino’s future, while maintaining a solid financial position” said David Wolfin, President and CEO. “During the year, we delivered a positive PEA on the Oxide Tailings project, completed a 22-hole drill program comprising 3,374 metres between San Luis and Elena Tolosa, and an additional drill program located to the East and to the North of the Avino vein targeting three areas of mineralization. The drill results support the continuation of the extensive Avino vein system. We delivered an 11% increase in revenue, an improvement in earnings, and maintained consistent silver equivalent production levels. Avino is celebrating its 50th year in the mining industry, and this would not be possible without the support and dedication of our teams in both Canada and Mexico.”

Christian Milau, Chief Executive Officer, commented, “Fiscal 2017 was a year of significant change and growth for the Company. During 2017 we completed two major transactions, acquiring the Aurizona Gold Mine in Brazil through the merger with Luna Gold in March and acquiring NewCastle Gold and Anfield Gold in December to add the Castle Mountain Gold Mine in California to our production pipeline and expand the Company’s treasury…”