Category: Investor’s Corner

The Company closed the first tranche of a non-brokered private placement of units of the Company previously announced on November 10, 2014 and December 2, 2014, at a price of $0.05 per Unit by issuing an aggregate of 5,000,000 Units for gross proceeds of $250,000. Each Unit is comprised of one common share of the Company and one common share purchase warrant, each Warrant entitling the holder thereof to purchase one additional common share of the Company at a price of $0.10 for a term of 24 months after the closing of the Private Placement…

IDM Mining Ltd. is pleased to announce that Delbrook Capital Advisors Inc. and Lake Shore Gold Corp. have committed to invest a combined total of $1.4 million in Common Share Units and Flow-Through Units under the Private Placement previously announced by the Company on May 19, 2015. As a result of these major investments, IDM will increase the size of the Private Placement to raise aggregate gross proceeds of up to $2.5 million.

Kootenay Silver’s high-grade La Negra diatreme Silver Discovery is quickly proving to be a rare, near-surface grassroots discovery. Located within the Vancouver-based mining company’s Promontorio Property in Sonora, Mexico, the property represents a major near term opportunity for Kootenay Silver, Inc. The company owns 100% of the discovery, so it’s undoubtedly a relief for the company’s leadership and investors that it shows signs of evolving into potentially one of the richest near surface silver discoveries witnessed in Mexico in recent years…

“Given the complexity of the San Martin mine geological structure, it is not unusual to have fluctuations in ore grades causing the changes in production that we are experiencing. Despite this, the mine management has been excellent at reducing costs below budget and, coupled with the higher US dollar exchange rate, we have been able to continue to produce good cash flow from the mine operations exceeding $1 million for the quarter and $4.5 million over the nine months,” reported Robert Eadie, President of the Company.

El Tigre Silver Corp. is pleased to announce the appointment of Ernie Elko as Chief Executive Officer and Chairman of the Board effective immediately. Mr. Elko replaces Wade Anderson who has resigned for family reasons. Mr. Anderson will remain with the Company as a Director and assist with the transition process.

“Given the ongoing challenges and lack of interest in the resource sector, we think it is prudent to diversify and make an investment in the burgeoning healthcare sector, where we see an opportunity for organic growth through enhanced marketing and consolidation,” commented Tim Gallagher, Chairman and CEO of Excalibur.

Prospero Silver Corp. is pleased to announce that the previously disclosed proposed consolidation of the common shares of the Company on the basis of five pre-consolidation shares for one post-consolidation share will take effect, subject to final acceptance by the TSX Venture Exchange, on or about June 15, 2015 under new CUSIP number 743624207. There will be no name change or trading symbol change in conjunction with the Consolidation.

BIG NORTH GRAPHITE CORP. announces the Company has cancelled the private placement originally announced on May 14, 2015 due to unfavourable market conditions. Future plans will be announced as they are finalized.

Alamos Gold Inc. and AuRico Gold Inc. today announced the withdrawal of the proposed AuRico Metals Inc. employee share purchase plan that was to be presented at their respective Special Meetings of Shareholders to be held on June 24, 2015…

Marlin Gold Mining Ltd. has been integrating its Arizona properties acquired after the closing of the Commonwealth Silver and Gold Inc. acquisition on May 21, 2015. After further review of the geological database, Management believes that Commonwealth represents a second district-scale land package in addition to our 118,000 hectare land package in Sinaloa, Mexico surrounding our operating La Trinidad gold mine. The addition of Commonwealth allows Marlin to continue building a diversified precious metal mining company.