Category: Investor’s Corner

Primero intends to use the net proceeds from the Offering for exploration and development at the Company’s San Dimas and Black Fox mines as well as for working capital and general corporate purposes.

Shareholders voted in favour of setting the number of directors at five. The following four incumbent directors were re-elected: Thomas Patton, John Kerr, LeRoy Wilkes and Terry Eyton. Gerald Prosalendis was elected for the first time as a fifth director.

Shareholders voted in favour of all items of business, including fixing the number of directors at six and the re?election of each of the director nominees: Dunham L. Craig, N. Eric Fier, Ross O. Glanville, Barney Magnusson, George W. Sanders and Graham C. Thody. In addition, shareholders voted and re-appointed Davidson & Company LLP, Chartered Professional Accountants, as auditor of the Company and approved the Company’s “rolling 10%” Stock Option Plan and its Advance Notice Policy.

BACANORA MINERALS LTD., the AIM and TSX Venture Exchange listed lithium and borates company focussed on Mexico, announces that it plans to re-domicile its governing corporate jurisdiction from Canada to the UK. The Board of Bacanora has made its decision to re-domicile in consideration of the success of the Company’s AIM listing and the positive reception from UK investors, as demonstrated by the addition of two major institutions to its shareholder register in the last eight months. The decision also reflects the fact that the Company’s senior management team is increasingly based in the UK. The Board anticipates that the re-domicile will result in significant cost and administrative savings for the Company and its subsidiaries.

Canarc Resource Corp is pleased to announce the voting results from its Annual General Meeting held on June 21, 2016 in Vancouver, British Columbia. Shareholders voted in favour of all items of business including the re-election of each director nominee.

The proceeds of the Placement will be used for continuing exploration programs on the Company’s mineral exploration projects and for working capital. The balance of the Placement is expected to close by June 29, 2016.

IMPACT Silver Corp. announces that Mr. Richard Younker, CPA, CA, CMC, its Chief Financial Officer, is retiring effective June 30, 2016 after more than ten years of working with the Company. Mr. Younker will be joining a newly formed advisory board for the Company so that we may continue, from time to time, to have access to his knowledge and expertise.

John Zang, CEO of Morro Bay, stated “Assuming all of the terms and conditions of the Amending Agreement are met, this will result in Morro Bay having no further interest in the Peñoles Project. Morro Bay is currently considering other business opportunities”.

A total of 118,030,977 common shares were represented at the meeting, being 72.89% of the Company’s issued and outstanding shares. Shareholders voted in favour of all matters brought before the meeting including the re-appointment of PricewaterhouseCoopers as auditors for the ensuing year, and the election of management’s nominees as directors.

Oceanus Resources Corporation is pleased to announce that it has closed its previously announced bought deal offering of 25,000,000 units of the Company at a price of C$0.23 per unit which includes 3,260,870 units issued pursuant to the exercise in full of an over-allotment option, for gross proceeds to the Company of C$5,750,000.