Category: Investor’s Corner

Kootenay Silver Inc. is pleased to announce that further to its press release dated November 15, 2017, it has closed the initial tranche of its non-brokered private placement and has issued an aggregate of 19,549,480 units at a purchase price of $0.20 per Unit for gross proceeds to the Company of $3,909,896. Each Unit consists of one common share and one-half of a transferable common share purchase warrant. Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.30 per share until December 13, 2020. Cash finder’s fees to arm’s length parties totaling $154,600 have been paid on this portion of the Private Placement.

Lawrence Page, President, Manex Resource Group stated, “Southern Silver and other companies under the Manex Resource Group banner have had a long history of being listed and actively trading on one or more stock exchanges or trading platforms within Germany. We are dedicated and pleased that trading of our shares on the German exchanges will continue without any hindrances. “

Michael Steinmann is President and CEO of Pan American Silver Corp. Mr. Steinmann joined Pan American in 2004 and held progressively senior roles before being promoted to President and CEO in January 2016. Mr. Steinmann has over 20 years of experience in the base and precious metals industries, having worked throughout South America in mine operations and project development. He has participated in numerous mine construction projects, from exploration and feasibility studies through to startup and into continuous operation. He also has a strong background in M&A, corporate development and capital markets.

John C. Lawrence is the Founder and CEO of the United States Antimony Corporation, established in 1969. He mined antimony underground from 23 drifts at Thompson Falls, Montana, built and operated a flotation mill to process antimony ore, and he also built and operated an antimony leach plant, reactor, and electrowinning circuit proprietary furnace systems to produce antimony metal, sodium antimonite and antimony oxide, and remove impurities such as arsenic, lead, bismuth, silver and gold. He is also responsible for smelted ore from China, Mexico, Europe, Bolivia, Peru, Alaska, Canada, Honduras, Guatemala, Australia and the United States. This is the only significant antimony plant left in the United States. Mr. Lawrence holds a B.A. in geology and mineralogy from Hamilton College and a Master of Arts in geology and mineralogy from the University of Wyoming.

“This financing is a watershed moment for Silver Spruce. We will now be able to execute planned work programs at each of the projects to reveal the value for our shareholders,” stated Dr. Brian Penney, PhD., Chairman of Silver Spruce.

Mr. Francis Biscan Jr., Chairman and CEO of Firma Holdings Corp., stated, “We are very encouraged with the progress that has been made to advance the company’s projects. We will be taking an aggressive development posture in 2018, with a direct focus on production, and look forward to sharing our progress.”

Ethos Gold Corp. is pleased to announce that Melvin Herdrick has joined its Board of Directors. Mel is a professional geologist with over 35 years of experience in exploration in the United States and Mexico, including 9 years as Chief Geologist for Phelps Dodge in Mexico from 1994 to 2003, and 8 years as Vice President of Exploration for Pediment Gold Corp. until its takeover by Argonaut Gold Inc. in 2011. Mel has worked as a consultant to Ethos and has played a lead role in identifying and evaluating gold exploration opportunities for Ethos in Mexico, including the recently announced option to acquire the La Purisima property in Chihuahua.

ALIX RESOURCES CORP. announces it intends to change its name to “Infinite Lithium Corp.” to better reflect its focused business strategy effective on December 6, 2017.

Bacanora Minerals Ltd., the London and Canadian listed lithium exploration and development company, announces that Martin Vidal, President and a Director of the Company, has resigned the foregoing positions, effective 30 November 2017. Mr. Vidal will remain with the Company in an advisory/consultancy capacity going forward.

Avino Silver & Gold Mines Ltd. is pleased to announce it has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange and list its common shares and its warrants on the TSX. Each whole Warrant is exercisable to purchase one additional Share at an exercise price of US$2.00, subject to adjustment, until November 28, 2019.