Category: Investor’s Corner

Candelaria Closes $9.7 Million Strategic Investment by Agnico Eagle

Candelaria intends to use the net proceeds of the investment for infill and definition drilling to enhance the classification and extension of Caballo Blanco’s current mineral resource, exploration of highly prospective targets within the Caballo Blanco claim area, further technical and optimization studies, payment of final amounts owed to Alio Gold Inc. (formerly known as Timmins Gold Corp.) in connection with the acquisition of the Caballo Blanco gold project and for general working capital and corporate needs.

La Deuda Canadiense

Las mineras de Canadá que operan en México reclaman que el SAT les debe 360 millones de dólares. El conflicto ha llegado a los primeros niveles del gabinete económico de ambos países

Minera Alamos Announces Appointment to Board of Directors

Minera Alamos Inc. is pleased to announce the appointment of Ruben Padilla to its Board of Directors. Mr. Padilla is the appointee of Osisko Gold Royalties Ltd., pursuant to the investment agreement between the Company and Osisko. For further details, see the Company’s press release dated May 30, 2017.

Mexican Gold Announces New Website

Brian Robertson, President and CEO, stated, “The new website redesign incorporates the latest website design features to convey corporate information in a user friendly and organized manner. The organization of information and rich graphics are structured to simply access and enhance the experience of visitors to our website.”

New Gold Completes Redemption of 2020 Senior Notes and Extends Credit Facility

“With the redemption of our 2020 Senior Notes, New Gold has further enhanced its financial flexibility,” stated Brian Penny, Executive Vice President and Chief Financial Officer. “Consistent with the multiple steps we have taken this year to strengthen our liquidity position and reinforce our balance sheet, we are pleased that through these transactions, we have been able to both extend the term of our debt and reduce our interest rate.”

San Marco Grants Incentive Stock Options

San Marco Resources Inc. announces that, following its annual general meeting on Thursday, May 31st, it has granted options to directors, officers and consultants to purchase a total of 1,700,000 shares at a price of $0.19 per share for five years. The options vest, as to 25% each, on granting and on the next three, six and nine months.

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