Category: Investor’s Corner

Coeur Mining, Inc. announced today that its previously announced cash tender offer to purchase any and all of its 7.875% senior notes due 2021 expired at 5:00 p.m., New York City time, on May 25, 2017. As of the Expiration Time, $117,946,000 aggregate principal amount of the 2021 Notes were validly tendered, which excludes $282,000 aggregate principal amount of the 2021 Notes that remain subject to the guaranteed delivery procedures set forth in the Company’s Offer to Purchase, dated May 19, 2017…

Westminster Resources Ltd. announces that it has closed the first tranche of a private placement, raising gross proceeds of $978,000. The Company issued 8,150,000 units at a price of $0.12 per unit and expects to soon close a second final tranche of up to an additional $462,000.

“Alcanzamos un récord en la producción de plata por 50.3 millones de onzas, de acuerdo a nuestros lineamientos, reflejando la aportación inicial de la fase I de San Julián y leyes más altas en Fresnillo y Ciénega. La producción de oro por 935.5 mil onzas excedió nuestro lineamiento revisado, principalmente como resultado de la reducción de inventarios en Herradura”, dijo Alberto Bailléres, presidente de Industrias Peñoles, matriz de Fresnillo plc.

Jim Williams, Chief Executive Officer of Arian Silver, commented, “The continuing support of our investors has made it possible to once again strengthen our balance sheet and puts the Company in a stronger position to progress not only our silver projects but perhaps more importantly, given the current price and demand, our lithium assets. To fully evaluate our current lithium options requires exploration methods that have not been financially viable for us, until now. We believe greater lithium concentrations occur deeper within the salars and the results so far obtained from the surface exploration are merely indicative of the presence of lithium.”

Avino Silver & Gold Mines Ltd. is pleased to report voting results in accordance with Section 11.3 of NI 51-102 Continuous Disclosure Obligations. This report briefly describes the matters voted upon and the outcome of the votes at the Annual General and Special Meeting of Shareholders of the Company held on May 25, 2017.

Prospero Silver Corp announces that it has granted stock options for a total of 2,520,000 common shares of the Company to officers, directors, employees and consultants of the Company. These stock options are exercisable at CDN $0.26 per stock option and will expire on May 24, 2022. These stock options vest over a period of twenty-four months following the grant date and are governed by the terms and conditions of the Company’s stock option plan.

The proceeds of the Subscription will be used to advance both the Company’s Sonora Lithium Project in Mexico, which is one of the larger lithium resources in the world, and its Zinnwald Lithium Project in Germany. Together, these assets are expected to enable the Company to target rapidly growing markets for lithium products in both Asia and Europe.

Altiplano Minerals Ltd. is pleased to announce the appointment of Osbaldo Zamora Vega as VP, Exploration. Mr. Zamora has a B.Sc. in Geology from the Autonomous University of San Luis Potosi, Mexico, an M.Sc. in Geochemistry from the National Autonomous University of Mexico, and is currently a Ph.D. candidate in Economic Geology at the University of Alberta. He is conducting research on ore-formation processes in the Zacatecas Mining District, Mexico, a world-class silver mining district.

Argentum Silver Corp. announces that Stephen Gatensbury and David Toyoda have resigned as directors of the Company, Geoff Balderson has resigned as President and CEO of the Company and Carrie Cesarone has resigned as CFO of the Company. The board of directors would like to thank Mr. Gatensbury, Mr. Toyoda and Ms. Cesarone for their contributions to the Company and wish them every success in their future endeavours. Mr. Balderson will remain as a director of the Company.

MORRO BAY RESOURCES LTD. is pleased to announce that it has made an offer to acquire all of the issued and outstanding shares of a private company operating in the Canadian Medical Marijuana industry sector. The Offer was made on May 15, 2017 and is open for acceptance by the PrivateCo shareholders within thirty days after delivery unless otherwise extended by Morro Bay.