Category: Investor’s Corner

Corex Gold Corp. announces that it has entered into a subscription agreement to issue 25,300,000 common shares of the Company to Alamos Gold Inc. at a price of $0.10 per Share. The Company has also entered into subscription agreements to issue an aggregate of 3,000,000 Shares to certain members of management of the Company or their affiliates at a price of $0.10 per Share.

Como respaldo a sus programas de control ambiental, Altos Hornos de México (AHMSA) recibirá financiamiento del Banco de Desarrollo de América del Norte (NADBANK), que abrirá una línea de crédito por 30 millones de dólares para modernizar el control de emisiones en el sistema de aceración BOF de la Siderúrgica 2.

Alta Vista Ventures Ltd. announces that the Company has satisfactorily completed its due diligence on two of its acquisition targets – High Eye Aerial Surveys and the UAV division of Pioneer Exploration Consulting – and it is now moving forwards with the formal documentation for the transactions.

War Eagle Mining Company Inc. announces all resolutions put forward at the Annual General and Special Meeting of the Company’s shareholders, as further described in the Company’s information circular dated August 29, 2016, were approved.

“I am very pleased to welcome Damien to the Primero team,” said Ernest Mast, President & Chief Executive Officer. “He brings to Primero strong international mining experience and a hands-on approach in the areas of health and safety, business improvement and strategic planning. He has a robust background in operations and a track record of increasing productivity in challenging operational environments. I look forward to working with him to achieve our goal of building Primero into a leading mid-tier gold producer.”

Coeur Mining, Inc. today announced third quarter production of 3.5 million ounces of silver and 84,871 ounces of gold, or 8.6 million silver equivalent ounces. Coeur is raising its 2016 production guidance to 34.4 – 37.0 million silver equivalent ounces from 33.8 – 36.8 million silver equivalent ounces.

“Bacanora’s last reported cash position was circa CAD30 million and these extra funds further bolster our strong cash resources, which are more than enough to see us through to the end of our feasibility study and offtake discussions,” said Interim Chairman James Leahy.Canadian and London listed Bacanora said an unnamed institutional shareholder had exercised a warrant option for 2.9 million new shares at a price of CAD1.47 each, following which it will have a total of 110.8 million shares in issue.

Baja Mining Corp. wishes to announce that further to the approval received from shareholders of the Company at the annual and special meeting held on December 16, 2015, and as described in more detail in the management information circular of the Company dated November 4, 2015, based on market conditions and other factors the board of directors of the Company has authorized a consolidation of the issued and outstanding common shares of the Company on the basis of one post-consolidation Common Share for every twenty pre-consolidation Common Shares. In connection with the Consolidation, the Board has also decided to change the Company’s name from “Baja Mining Corp.” to “Camrova Resources Inc.”.

El precio de la materia prima perdió su nivel de 1,300 dólares por onza que había mantenido desde junio.

YAMANA GOLD INC. announces that it has completed the sale to Premier Gold Inc. of its Mexican subsidiaries through which the Mercedes mine is held. Pursuant to the transaction, the Company received total consideration of $122.5 million in cash plus shares, equity securities and net smelter return royalties having an additional value of approximately $22 million. The marketable securities received include 6 million common shares of Premier and 3 million common share purchase warrants of Premier that are exercisable at C$4.75 per common share for 24 months. The Company also received a 1.0% net smelter return royalty on the Mercedes mine, that becomes payable upon the earlier of six years from the completion of the sale and the date upon which cumulative production of 450,000 ounces of gold equivalent from Mercedes has been achieved, as well as a 2.0% net smelter return royalty on the La Silla property in Sinaloa, Mexico and the La Espera property in Sonora, Mexico.