IMPACT Silver Corp. announces the retirement and resignation of Mr. H. Walter Sellmer from the board of directors of IMPACT Silver Corp. He will also be retiring from the board of directors of Energold Drilling Corp.
All securities issued in connection with the private placement, including the finder’s warrants, are subject to a four-month hold period that expires on October 20, 2015. Net proceeds from the funds raised will be used to advance Oceanus’ La Lajita high grade gold property located in Durango, Mexico and for general working capital purposes. The private placement remains subject to final approval of the TSX Venture Exchange.
Almaden Minerals Ltd. is pleased to announce shareholders at its Annual General and Special Meeting of shareholders held yesterday in Vancouver have voted 99.7% in favour of approving the spin-out of Almadex Minerals Limited.
A total of 90,779,420 common shares were represented at the meeting, being 70.4% of the Company’s issued and outstanding shares. Shareholders voted in favour of all matters brought before the meeting including the appointment of auditors for the ensuing year, and the election of management’s nominees as directors.
Goldgroup Mining Inc. is pleased to announce two recent developments: the signing of a letter of intent and credit agreement with Monarch Gold Corp. and the appointment of Mr. Javier Montaño to the Company’s Board of Directors.
“This is a major milestone for McEwen Mining. We have progressed to a point where we have strong enough cash flow to pay a dividend. As the major shareowner, I will be reinvesting my dividend in our company as I believe our current share price represents excellent value!” said Rob McEwen, Chief Owner.
PREMIER GOLD MINES LIMITED is pleased to announce that it has completed its previously announced non-brokered private placement of common shares at a price of $2.35 per Offered Share for aggregate gross proceeds of $20 million, including a subscription by Goldcorp Inc. in the amount of $12.5 million…
Starcore International Mines Ltd. has arranged a loan facility for Cortez Gold Corp. to enable Cortez to purchase the equipment required for Cortez to commence operations at its Altiplano gold and silver processing plant in Matehuala, Mexico.
Cortez Gold Corp. has arranged a loan facility with Starcore International Mines Ltd. to purchase equipment required to commence operations at Cortez’s Altiplano gold and silver processing plant in Matehuala, Mexico, which is owned by the Company’s Mexican subsidiary, Altiplano Goldsilver, S.A. de C.V.
Major Drilling Group International Inc. is today announcing the retirement of Francis McGuire as President and CEO of the Company, and the appointment of Denis Larocque, Chief Financial Officer, to that position. Mr. McGuire will remain in his current role until the transition immediately subsequent to the Company’s AGM in September, 2015, at which point Mr. Larocque will assume the duties of the office. The Board is also very pleased to announce that Mr. McGuire has agreed to remain on the Board of Directors, and to stand for re-election at the upcoming AGM.
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