Category: Investor’s Corner

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.

PREMIER GOLD MINES LIMITED is pleased to announce that it intends to complete a non-brokered private placement of common shares at a price of Cdn$2.35 per share, for aggregate gross proceeds of up to approximately Cdn$20,000,000. Goldcorp Inc. will participate in the private placement in the amount of Cdn$12.5 Million.

Oceanus Resources Corporation is pleased to announce that it has undertaken a non-brokered private placement financing to raise a minimum of $1,000,000 and a maximum of $1,500,000 by the sale of units of the Company at a price of $0.20 per unit.