Category: Investor’s Corner

Riverside Resources Provides Corporate Outlook for 2017

Riverside Resources Inc. is pleased to provide an overview of the Company’s goals and growth plans for the coming year. Riverside enters 2017 with approximately $3,500,000 CAD in cash and less than 37,500,000 shares outstanding. The Company will aim to build on the successes achieved during 2016.The list below outlines some of the key catalysts and corporate growth plans for 2017:

SilverCrest Appoints John Wright to Board

N. Eric Fier, President and CEO, stated: “John brings a wealth of technical and corporate expertise from a 40-year career with emphasis on underground mine construction and operations in Mexico and South America. His success on technical, corporate and market matters will further enhance our current Board. As the Company’s successful exploration progresses at the Las Chispas Project in Mexico, Mr. Wright’s skill set in underground mining will be critical for project development.”

Primero Receives NYSE Notice

Primero Mining Corp. today announced that is has received formal notification from the New York Stock Exchange of its non-compliance with the exchange’s continued listing standards for minimum trading price.

Riverside Resources Provides 2016 Year In Review

President and CEO, John-Mark Staude, stated: “We are pleased with the progress of our Prospect Generator business and excited at the prospects for a new discovery and further value creation and portfolio strengthening in 2017. The Thor, Glor and Clemente projects will all deliver partner funded activity, with results from at least two drill programs in the year ahead. We will layout our goals early in 2017 and have the team in place pushing for transformational mineral discoveries. Riverside is in a much better place entering 2017 than a year ago and we are keen to capitalize on the momentum with several catalysts early in 2017.”

Santacruz Silver Terminates San Felipe Project Sale

Santacruz Silver Mining Ltd. reports that it has terminated the previously announced agreement in connection with the Company’s sale of the San Felipe Project to the Hermosillo Group. No payments pursuant to the Transaction have been made to date. Discussions have been on-going with respect to revised payment terms however this process has not led to a payment schedule acceptable to the Company and therefore the agreement has been terminated by the Company.

Americas Silver Corporation Announces Share Consolidation Towards U.S. Exchange Listing

Americas Silver Corporation is pleased to report that shareholders have approved a special resolution for an amendment to the Company’s articles and authorized a consolidation of the Company’s outstanding common shares. The resolution was approved by over 95% of votes cast at the meeting. The Share Consolidation is necessary to satisfy one of the outstanding listing requirements for the New York “NYSE MKT” Stock Exchange of a share price of US$2.00 or greater. Further details are provided in the Company’s management information circular dated November 10, 2016.

Authorities Request the Instalation of C-4 in the Mountain Zone

In order to prevent criminal acts from prevailing in the municipality of Guadalupe and Calvo, local authorities requested the installation of a C-4 and the integration of detachments of the State Police in Baborigame and San Julián, areas that have historically been controlled by Organized crime.

Golden Minerals Announces US$5 Million At-the-Market Offering

Golden Minerals Company has entered into an At-the-Market Offering Agreement dated December 20, 2016 with H.C. Wainwright & Co., LLC as sales manager. Under the terms of the ATM Agreement, the Company will be entitled to sell, at its discretion and from time to time, shares of its common stock through Wainwright, with such sales having an aggregate gross sales price of up to US$5.0 million.

Excellon Strengthens Board with New Appointments

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to announce the appointment of Ms. Daniella Dimitrov and Dr. Laurence (Laurie) Curtis to its Board of Directors.

All News