Category: Investor’s Corner

Alta Vista signs LOI to acquire UAV manufacturer Aeromao Inc.

Aeromao is a manufacturer of Unmanned Aerial Vehicles (UAV) used for survey and mapping purposes. Aeromao has quickly grown into a leader in the industry with their UAVs. Aeromao has sold their proprietary line of Aeromapper UAVs to clients operating in every continent – and approximately 50 countries in total.

First Mining Announces Private Placement Financing

First Mining Finance Corp. is pleased to announce that it intends to complete a non-brokered private placement financing of up to 20,000,000 units at a price of $0.80 per unit to raise gross proceeds of up to $16,000,000.

Paget Minerals appoints interim CEO

Paget Minerals Corp. announces that the Board of Directors has appointed Mark T. Brown, CPA, CA, as the interim CEO of Paget Minerals Corp. and accepted the resignation of David Volkert. Mr. Volkert has accepted a position with a larger company that was tailor made for his geological experience.

Candente Gold Announces Non-Brokered Financing

Candente Gold Corp. is pleased to announce, subject to regulatory approval, that it intends to carry out a non-brokered private placement to raise gross proceeds of approximately Cdn$500,000. Approximately $250,000 of the gross proceeds of the Private Placement are to be used to further define drill targets on the El Oro gold-silver project and approximately $250,000 will be used for working capital and general corporate purposes.

Kootenay Announces Increase to Equity Financing and Pan American Silver’s Intention to Exercise Participation Right

Kootenay Silver Inc. is pleased to report that, in connection with its previously announced private placement offering of units at a price of $0.40 per Unit, it has amended its agreement with Haywood Securities Inc. to increase the amount of the Offering from 10,000,000 Units to up to 11,250,000 Units for aggregate gross proceeds of up to $4,500,000. In addition, the Company is pleased to announce that Pan American Siver Corp. has indicated it intends to exercise its participation right in full to maintain its pro-rata 10% interest in the Company. As a result, Pan American will subscribe for up to an additional 1,250,000 Units at the Offering Price for aggregate gross proceeds of up to $500,000.

Coeur Reports Second Quarter 2016 Production Results

Coeur Mining, Inc. today announced second quarter production of 4.0 million ounces of silver and 92,726 ounces of gold, or 9.6 million silver equivalent ounces. Coeur is maintaining 2016 production guidance of 33.8 – 36.8 million silver equivalent ounces.

Great Panther Silver Increases Previously Announced Bought Deal Financing To US$26 Million

GREAT PANTHER SILVER LIMITED is pleased to announce that due to increased demand, it has entered into an amended and restated underwriting agreement dated July 6, 2016 with Cantor Fitzgerald Canada Corporation, Rodman & Renshaw a unit of H.C. Wainwright & Co., LLC, as joint bookrunners, and Euro Pacific Capital, Inc. and Sprott Private Wealth LP, as co-managers to increase the size of its previously announced bought deal offering of units to US$26 million. The Underwriters have agreed to purchase, on a bought deal basis, 16,250,000 Units at a price of US$1.60 per Unit. As previously announced, each Unit consists of one common share in the capital of Great Panther and one-half of one common share purchase warrant. Each Warrant entitles the holder thereof to purchase one Share at the exercise price of US$2.25 per Share for a period of 18 months after the closing of the Offering.

All News