Category: Investor’s Corner

Minera Alamos Inc. Closes First Tranche of $255,000 Brokered Private Placement

“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.”

First Mexican Closes First Tranche of Financing and Shares for Debt

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.

Minaurum Gold Closes Second Tranche of Non Brokered Private Placement

Minaurum Gold Inc. is pleased to announce that further to its News Release dated June 24 2015, it has completed a second tranche closing on $450,000. With its second tranche closed, Minaurum has now raised a total of $2,638,750. A finder’s fee of 420,000 shares and 220,000 broker warrants was paid in connection with the second tranche.

Americas Silver Corporation and Lenders to Amend Terms of Debt and Warrants

Americas Silver Corporation today announced that, subject to standard conditions including definitive documentation, the Company will amend the terms of its C$8.5 million credit agreement between U.S. Silver & Gold Inc. and Royal Capital Management Corporation and certain lenders, executed on August 7, 2013…

El Tigre Announces Shares for Debt Transaction

El Tigre Silver Corp. wishes to announce that it has entered into debt settlement agreements with creditors of the Company pursuant to which the Company has agreed to issue an aggregate of 12,494,118 common shares at a deemed price of $0.085 per Share.

Bacanora Announces Filing of Technical Report on Updated Mineral Resource Estimate for the Sonora Lithium Project, Mexico

BACANORA MINERALS LTD., the Canadian and London listed lithium and borates company focused on Mexico, is pleased to announce the filing of a Technical Report in respect of its Ventana, Fleur and El Sauz concessions that form part of the Sonora Lithium Project in northern Mexico. The Report has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects and is entitled, NI 43-101 Mineral Resource Estimate for Sonora Lithium Project, Mexico, May 2015. The lead author of the Technical Report is Mr. Martin Pittuck (M.Sc., C.Eng., MIMMM), who is a “qualified person” within the meaning of NI 43-101 and is independent of the Company. The Report has been filed on SEDAR and is also available for download on the Company’s website.

Alamos and Aurico Merger Receives Court Approval

Alamos Gold Inc. and AuRico Gold Inc. are pleased to announce that they have been granted final court approval from the Ontario Superior Court of Justice (Commercial List) to combine the two companies by way of a plan of arrangement. The Arrangement is expected to close July 2, 2015, subject to applicable regulatory approvals and the satisfaction of other customary conditions.

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