Alta Vista Ventures Ltd. is pleased to announce that it has signed a consulting agreement with Shaxon Enterprises Ltd. The two principals of Shaxon Enterprises, Messrs. Don Shaxon and Jason Springett, bring more than 10 years of experience in the Canadian medical marijuana sector to the Alta Vista.
BIG NORTH GRAPHITE CORP. announces that further to its news release issued on June 5, 2015, the Company has decided that it will not proceed with its option on the El Tejon property. As a result of falling graphite prices, currently at a four year low, and current market conditions, the Company is unable to maintain property payments and to move the El Tejon project forward. Pursuant to the terms of the acquisition agreement, the Company is in the process of returning the El Tejon property to the vendors, at which time, Big North will have no further obligations or liabilities with respect to the El Tejon project.
Alamos Gold Inc. y AuRico Metals Inc. se complacen al anunciar la finalización del acuerdo anunciado anteriormente que implica a Alamos Gold Inc. (predecesor de Alamos) y AuRico Gold Inc. (predecesor de Alamos). Tras el acuerdo, la antigua Alamos y la antigua AuRico se amalgamaron en Alamos, y algunos activos de la antigua AuRico, incluyendo el proyecto Kemess, algunos derechos de uso y activos, que se han transferido a AuRico Metals. Aproximadamente el 95,1% de las acciones ordinarias de AuRico Metals se han distribuido a los accionistas de la antigua Alamos y de la antigua AuRico. Tras la finalización del acuerdo, Alamos mantiene los intereses de los valores de aproximadamente un 4,9% en AuRico Metals.
McEwen Mining Inc. announced today that it has fallen below the New York Stock Exchange continued listing requirement related to the price of its common stock. The NYSE requires that the average closing price of a listed company’s common stock be above US$1.00 per share, calculated over a period of 30 consecutive trading days. The Company was advised by the NYSEon July 1, 2015 that the average price of our common stock for the previous 30 trading days was below US$1.00 per share
Alamos Gold Inc. and AuRico Metals Inc. are pleased to announce the completion of the previously announced arrangement involving Alamos Gold Inc. (a predecessor to Alamos) and AuRico Gold Inc. Pursuant to the Arrangement, Former Alamos and Former AuRico amalgamated to form Alamos, and certain assets of Former AuRico, including the Kemess project, certain royalties and cash, were transferred to AuRico Metals. Approximately 95.1% of the common shares of AuRico Metals (“AuRico Metals Shares”) were distributed to Former Alamos and Former AuRico shareholders. Following completion of the Arrangement, Alamos holds an equity interest of approximately 4.9% in AuRico Metals.
Levon Resources Ltd. is pleased to announce that it has received the conditional approval of the Toronto Stock Exchange for the listing of a new class of common shares following the completion of the previously announced plan of arrangement involving SciVac Ltd., Levon and 1027949 B.C. Ltd., which was approved by Levon securityholders on June 3, 2015.
Firma Holdings Corp. is pleased to announce commercial production and shipping of gelato at its new facility in Catania, Italy. The production has been focused on fulfillment of an initial stocking order of 21 containers of Sicilian Sun’s unique artisanal gelato.
With this series of financings nearly complete, we are now well into the process of refining our plan to bring the Los Verdes mine into production next year, said Chris Frostad, Chief Executive Officer, Minera Alamos Inc. We will be providing our investors with regular project updates, culminating in the release of a new Preliminary Economic Assessment prior to year-end.
GOLDCORP INC. announced today the closing of the previously announced secondary offering of the shares in Tahoe Resources Inc. A total of 58,051,692 Tahoe common shares beneficially held by Goldcorp were sold at an offering price of C$17.20 per share for gross proceeds of approximately C$1 billion…
The Company has closed a first tranche of $105,300 from the best efforts non-brokered $350,000 financing announced in May 26, 2015 press release, at $0.03 per unit, with each unit consisting of one common share and one transferable share purchase warrant being exercisable until June 29th, 2017, and subject to a four month and one day hold period expiring October 30, 2015. FMG plans further closings in the near future.
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