Category: Investor’s Corner

Telson Resources Inc. is pleased to announce the signing of an Agreement with Reyna Minas, S.A. de C.V. a private Mexican mining group focused on the acquisition and development of mining projects in Mexico. The Agreement replaces a Letter of Intent signed between the parties on April 15, 2015. The Agreement and proposed transaction will take the form of a corporate restructuring, whereby upon full implementation, the Investors will acquire a minimum CAD$2,000,000 worth of Units of Telson and Telson will consolidate its share capital on substantially the terms and conditions described herein.

Mark Brennan, President and CEO of Sierra Metals, commented: “We are very pleased that the Company has had record total silver equivalent production and silver production for a second consecutive quarter, in addition to record ore throughput. The quality of our assets, operated by our skilled teams, enables us to continue on the path towards meeting 2015 production guidance.”

“Great Panther’s quarterly metal production exceeded one million silver equivalent ounces for the first time, including individual records for silver and gold production,” stated Robert Archer, President & CEO. “While the ramp up in production at San Ignacio since commencing commercial production in June 2014 is a major factor in the increase in production over Q2 of last year, we continue to make changes necessary to adapt to the current metal price environment and the result has been an improvement in ore grades and overall efficiencies…”

Cortez Gold Corp. advises that as a result of a review by the British Columbia Securities Commission it is issuing the following news release to clarify certain prior disclosure.

Levon Resources Ltd. is pleased to announce that the common shares of Levon have commenced trading on the Toronto Stock Exchange under the stock symbol “LVN” following the completion of the previously announced plan of arrangement involving SciVac Therapeutics Inc., SciVac Ltd. and the Company dated March 19, 2015. The Company has 119,542,711 Common Shares outstanding as of July 14, 2015. The Company also announced its intention to have the Common Shares quoted on the OTCQX in the United States. A further announcement will be made on such listing being obtained.

After five years as President and CEO, John Smith has made a decision to retire and return to Australia. After an extensive international search the Board has appointed Paul Benson as President and CEO effective August 1, 2015. John will continue in his role until July 31, 2015 and will be available as an advisor to Paul and the Board untilDecember 31, 2015.

Argonaut Gold Inc. as a result of a review by staff of the Ontario Securities Commission issues this news release to clarify and retract certain disclosure regarding the potential increase in its San Agustín Project resource.

Primero Mining Corp. today advises that as a result of a delay in exports from its San Dimas mine in Mexico, its subsidiary Primero Empresa Minera S.A. de C.V. has been delayed in selling silver. As a result approximately 880,000 ounces of silver were not sold during the second quarter of 2015, representing approximately $6.5 million in delayed revenue.

Production for the quarter was 408,024 silver equivalent ounces which represents a 29% increase over the previous quarter. Tonnes stacked on the heap leach pad and Merrill Crowe throughput were both consistently at design levels throughout the quarter. Quarterly production has improved each quarter since commissioning began and this is expected to continue until the heap leach pad reaches equilibrium.

N. Eric Fier, CPG, P.Eng, and Chief Operating Officer, stated; “We are pleased with the strong performance in 2015 at Santa Elena, as we continue to break production records. As a result, we are increasing our 2015 production market guidance to a range of 4.7 to 5.1 million AgEq ounces…”