Category: Investor’s Corner

Morro Bay Resources Ltd. is pleased to announce that the Shareholders of the Corporation approved all resolutions brought before them at the Corporation’s Annual General and Special meeting held in Calgary, Alberta, on June 30, 2016. The Corporation provides the following report on the voting results of the matters considered at the AGM, the particulars of which are set out in more detail in the Corporation’s Information Circular dated May 27, 2016:

BACANORA MINERALS LTD., the London and Canadian listed lithium company developing the Sonora Lithium Project in northern state of Sonora, Mexico, is pleased to provide an update on the activities being undertaken as part of the Company’s upcoming definitive Feasibility Study.

GREAT PANTHER SILVER LIMITED announces that it has entered into an underwriting agreement dated July 6, 2016 with Cantor Fitzgerald Canada Corporation and 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 purchase, on a bought deal basis, 12,500,000 units of the Company at the price of US$1.60 per Unit for aggregate gross proceeds of US$20 million. 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.

Golden Tag Resources Ltd. announces that the completion of the private placement as announced in the Company’s news release of May 26, 2016, is now targeted to be completed in approximately two weeks. While a significant portion of the funds have been received to-date the minimum of $500,000 has not yet been received although it has been informally committed.

The net proceeds of the Offering will be used by the Company to fund a portion of the Company’s capital program, which includes the purchase of two drilling rigs and ancillary supplies, and for working capital purposes. The objective is to extend the Company’s capability in technical mineral and water drilling programs in Africa.

Alta Vista Ventures Ltd. announces the signing of a Letter of Intent to purchase a 100% interest in High Eye Aerial Imaging Inc. High Eye is a leader in unmanned aerial vehicle surveying and is the only company in Ontario to offer both multi rotor and fixed wing UAVs to their clients.

“I am very pleased to be able to bring my pegmatite and lithium experience of working in Quebec to the team at Alix.” stated Dr. Boily.

Finder’s fees of $38,400 and 60,000 finder warrants was paid to Sprott Private Wealth LP, and $85,920 and 134,250 finder warrants was paid to Sprott Global Resource Investments, Ltd. Finder’s warrants have the same terms as the Unit Warrants. The proceeds of the Placement will be used for continuing exploration programs on the Company’s mineral exploration projects and for working capital.

The Company intends to use the net proceeds of the Offering to fund accelerated exploration at the Company’s Platosa Project, for capital expenditures at the Platosa Mine and Miguel Auza Mill, for working capital expenses and for general corporate purposes.

Gold Resource Corporation announced today as required by Canadian securities regulations that it has disposed of certain common shares it previously indirectly held of Canamex Resources Corp. The Company initially reported the acquisition of 22,222,222 common shares in the capital of Canamex in February 2014 which, at the time, represented approximately 18.4% of the issued and outstanding common shares of Canamex. Since the initial report, the Company has periodically reviewed its holding and, based on its stated investment objectives, has periodically sold common shares of Canamex.