Minaurum Gold Inc. is pleased to announce that further to its News Release dated June 24, June 29, and August 11, 2015, it has completed a fourth tranche closing on $37,500. With its fourth tranche closed, Minaurum has now raised a total of $2,913,387. A finder’s fee of 25,000 shares was paid in connection with the fourth tranche.
Orex Minerals Inc. announces that it has closed a non-brokered private placement offering of 1,400,000 common shares of the Company at a price of $0.25 per share for gross proceeds of $350,000. Orex intends to use the net proceeds of the Private Placement for exploration and development of the Sandra Escobar Property located in Durango, Mexico and for general corporate and working capital purposes.
Silver Spruce Resources Inc. wishes to announce that it has contracted with Pilot Communications Inc. of St. John’s, Newfoundland and Labrador for investor relations services.
NWM Mining Corporation announces that it has entered into two amendments to the Arrangement Agreement dated June 6, 2015 with SFM Holding, S.A.P.I. DE C.V, GFM Minería, S.A.P.I. DE C.V and Global Resource Fund.
Almaden Minerals Ltd. is pleased to announce that it has issued its inaugural report concerning its community-related activities at the Ixtaca project in Puebla State, Mexico. http://www.almadenminerals.com/RESPONSIBILITY/Documents/Almaden_CSR.pdf
Shareholders voted in favour of setting the number of directors at six and the following incumbent directors were re-elected: Joanne C. Freeze, Dr. Peter Megaw, Dr. Kenneth G. Thomas, Larry Kornze, Andres Milla and Paul H. Barry. The directors will serve until the next annual general meeting of the Company.
Oroco Resource Corp. announces that it has not received any payout from Goldgroup Mining Inc. of the US$750,000 promissory note due and payable on September 15, 2015. The Company and Goldgroup are currently negotiating the payment of Goldgroup’s outstanding indebtedness to the Company. The Company remains confident of obtaining payment in full and of Goldgroup’s intentions to honour its indebtedness.
Oceanus Resources Corporation and El Tigre Silver Corp. are pleased to announce that they have entered into an arrangement agreement to combine their respective companies by way of a statutory plan of arrangement pursuant to the Business Corporations Act (British Columbia), under which Oceanus will acquire all of the outstanding common shares of El Tigre in exchange for common shares of Oceanus that values El Tigre at approximately $6,000,000.
AuRico Metals Inc. is pleased to announce the closing of the previously announced private placement with Alamos Gold Inc. for 8,000,000 shares at a per share price of C$0.70 for total proceeds of C$5,600,000. Together with the 5,767,855 shares Alamos already owned in AuRico Metals, Alamos now holds 10.9% of the issued and outstanding shares of the Company.
San Marco Resources Inc. is pleased to announce the adoption of an incentive program to encourage the early exercise of its outstanding share purchase warrants.
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