Category: Investor’s Corner

Fortuna Silver Mines Inc. Mr. Jorge A. Ganoza, President, CEO and Director of Fortuna, is pleased to announce the appointment of Mr. Alfredo Sillau to the Board of Directors of the Company.

The net proceeds of the Offering will be used to continue Phase II of the exploration program at SilverCrest’s Las Chispas Property, for mineral property payments primarily related to the Las Chispas Property and for general corporate purposes.

Jinchuan Group International Resources Co. Ltd. entered into a Strategic Framework Agreement with Junhe Holdings Limited in which Junhe Holdings will make equity investment in the Company by either subscribing for new shares of the Company or by acquiring existing shares of the Company, and establish several Joint Ventures in Shanghai with Junhe Holdings for different businesses, including a trading joint venture for trading commodities including non-ferrous metals, precious metals and chemical raw materials, a factoring joint venture and a financial leasing joint venture.

The Goldgroup DynaMéxico Shares were seized as a partial recovery of assets by DynaMéxico after DynaMéxico was awarded more than $ 48 M USD in damages against Goldgroup on October 05, 2015, as described in a Sentencia Definitiva issued by the same court, the Thirty Sixth Civil Court of the Superior Court of Justice of the Federal District of México, File number 1120/2014. In addition to the Damages against Goldgroup, the Definitive Sentence also included additional Resolutions ordered in favor of DynaMéxico.

Source Exploration Corp. is pleased to announce that it has closed a tranche of its previously announced non-brokered private placement consisting of 5,192,500 units of the Company at a price of $0.15 per Unit for gross proceeds of $778,875. Each Unit consisted of one common share of the Company and one transferable common share purchase warrant. Each Warrant entitles the holder to purchase one Common Share at a price of $0.25 per Common Share until November 30, 2018 (subject to acceleration of the expiry date as described below).

Timmins Gold Corp. is pleased to confirm closing of its previously announced bought deal offering of 36,400,000 units of the Company at a price C$0.55 per Unit for gross proceeds to the Company of approximately C$20 million.

“Although the production rate at the Rosario Mine decreased during the quarter due to some structural complexity and narrower veins at depth in the Rosario Mine, our mining costs were nonetheless in line with recent quarters. In addition, the mineralized material to be shipped from the Cinco Estrellas property to the Rosario mill facility contains higher gold grades relative to the Rosario Mine’s historical grades with the effect that gold will now represent a substantial revenue driver at the Rosario Mine,” said Arturo Préstamo, President and CEO. “The impairment charge against the San Felipe Project is the result of an internal analysis that identified the property as being a non-core asset at this time in light of the opportunity that exists at the Company’s recently established operating base in Zacatecas, Mexico.”

Red Tiger Mining Inc. today reported its financial and operating results for the three and nine months ended September 30, 2016. This press release should be read in conjunction with the Company’s unaudited condensed interim consolidated financial statements for the three and nine months ended September 30, 2016 and Management’s Discussion and Analysis for the corresponding period, available on the Company’s website at www.redtigermining.com and on SEDAR at www.sedar.com.

HAWKEYE Gold & Diamond Inc. is pleased to announce that Dr. Stewart Jackson and Mr. Ralph Stricklen have agreed to join the Hawkeye team as geological, mining and milling Senior Technical Advisors providing the Company with years of significant knowledge and experience which will be invaluable as the Company advances its projects.

Timmins Gold Corp. announces that it has filed updated technical reports for each of the San Francisco Mine and Ana Paula Project. These reports were filed in connection with the financing announced on November 10, 2016 and include disclosure intended to bring the reports into compliance with National Instrument 43-101. The estimates of mineral reserves and resources contained in the previous versions of the technical reports have not changed and in the Company’s view, none of the changes made in either technical report are material to the assets or operations of the Company.