Category: Investor’s Corner

Silver Shield Resources Corp., announced today that it has commenced a non-brokered private placement financing to raise a maximum of Five Hundred Thousand Dollars CDN by the sale of five million units of the Corporation at a price of $0.10 per unit…

“Despite market conditions that continue to be extremely difficult, we are pleased to have met our goal for the year of generating cash while still paying a dividend and investing in our fleet as appropriate. EBITDA for the quarter was $6.8 million. This year, we used up some of our cash reserves to purchase the assets of Taurus Drilling, and this new division is performing well, with the Company looking to grow these services,” said Francis McGuire, President and CEO of Major Drilling…

Bowmore Explorations Ltd. is pleased to announce that it has negotiated, subject to regulatory approval, a non-brokered private placement for total gross proceeds of up to $800,000. The Private Placement will consist of up to 5,000,000 units at a price of $0.08 per Unit, each Unit consisting of one common share to be issued and one-half of one common share purchase warrant, and up to 3,333,333 flow-through units…

Andrew Thomson, President and Chief Executive Officer, commented: “We would like to thank our shareholders for their support on this transaction and for their continued backing over the last decade. Our shareholders have realized significant value for the El Rayo project and other properties in Jalisco and, following completion of the Arrangement, through their ownership in Agnico Eagle, will have continued exposure to their ongoing development. We also look forward to continuing our efforts to deliver value for our shareholders in Palamina Corp.”

BIG NORTH GRAPHITE CORP. announces that it has received notice alleging that it is in default under its property agreement, as amended, for the El Tejon project in Oaxaca, Mexico. Under the terms of the Acquisition Agreement, the company was required to make a cash payment on June 1, 2015. Pursuant to the terms of the Acquisition Agreement, Big North has 30 days from receipt of the notice to cure the default…

Minera Alamos Inc. reports today that it has increased its previously announced private placement from $2,800,000 to $3,200,000. The financing, lead by IBK Capital Inc., is scheduled to close early next week.

Levon Resources Ltd. is pleased to announce that the Supreme Court of British Columbia has granted a final order approving the previously announced plan of arrangement involving SciVac Ltd., Levon and 1027949 B.C. Ltd. The granting of the Final Order was a condition to the completion of the Arrangement. The Arrangement was approved by Levon securityholders at a special meeting of Levon held on June 3, 2015.

Marlin Gold Mining Ltd. is pleased to announce that it has completed its previously announced non-brokered private placement of common shares. Pursuant to the Equity Offering, Marlin issued 23,214,286 common shares of the Company at a price of $0.56 per Common Share for aggregate gross proceeds of approximately $13,000,000.

New Gold Inc. is pleased to announce the appointment of Kay Priestly to its Board of Directors.

Levon Resources Ltd. is pleased to announce that Levon’s shareholders and option holders have voted today at the special meeting of Security holders to approve the previously announced plan of arrangement involving SciVac Ltd., Levon and 1027949 B.C. Ltd. The Arrangement was approved by 97.64% of the votes cast by Shareholders and 98.06% of the votes cast by Security holders, voting together as a single class, at the Meeting.