NSX Silver Inc. announces that it has received conditional approval from the TSX Venture Exchange to consolidate its issued and outstanding common shares on the basis of one share for every ten shares issued and outstanding. The consolidation of NSX Silver’s common shares was approved by NSX Silver’s shareholders at an annual and special meeting of shareholders held on June 19, 2014.
Argonaut Gold Inc. announced today that it had record production of 44,312 gold equivalent ounces during the fourth quarter ended December 31, 2014. This included 27,870 gold equivalent ounces at its 100% owned El Castillo Mine located in the State of Durango, Mexico and 16,442 gold equivalent ounces at its 100% owned La Colorada Mine located near Hermosillo, Mexico. Gold equivalent ounces are calculated on the basis set out below.
GOLDCORP INC. is pleased to declare its first monthly dividend payment for 2015 of $0.05 per share. Shareholders of record at the close of business on Thursday, January 15, 2015 will be entitled to receive payment of this dividend on Friday, January 23, 2015.
Morro Bay Resources Ltd. announces the option on the Peñoles Project under the Option Agreement between Morro Bay and Riverside ResourcesLtd. has been extended from December 31, 2014 to January 9, 2015.
Prospero Silver Corp.announces that it has entered into a convertible loan agreement with six lenders for loans in an aggregate amount of $185,000 to fund its ongoing exploration and general working capital requirements.
Quaterra Resources Inc. announces the grant of 1,000,000 stock options to certain officers of the Company pursuant to the Companys stock option plan. The options may be exercised at a price of $0.05 per share for a five-year period.
Minaurum Gold Inc. is pleased to announce that it has closed a non-brokered private placement financing of 6,850,000 units at a price of $0.05 per unit for gross proceeds of $342,500. Each unit consists of one common share and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional common share of Minaurum for a period of two years at an exercise price of $0.10. No finders fee was paid in connection with the financing. The securities issued under the offering will be subject to a four month hold period in accordance with applicable Canadian securities laws.
Geologix Explorations Inc. is pleased to announce it has completed a private placement with various investors of $599,000 in convertible, unsecured, 10% (interest payable every six months), three year promissory notes. Insiders provided $300,000 of the financing.
Marlin Gold Mining Ltd. is pleased to announce that it has issued 1.7 million shares at a deemed price of 75 U.S. cents (82 Canadian cents), in consideration of certain services provided to the company pursuant to an agreement dated December 29, 2013 between Oro Gold de Mexico S.A. de C.V. (wholly owned subsidiary of Marlin Gold) and Construcciones y Minado San Francisco S. de R.L. de C.V. The share issuance was originally disclosed in a news release dated December 10, 2014 and the shares issued therewith are subject to a four month hold period.
Kootenay Silver Inc. is pleased to announce that, further to its press release dated December 10, 2014, it has received subscriptions for $742,000 under the non-brokered private placement of units and has today closed the initial tranche of the Private Placement and issued an aggregate of 2,120,000 Units at a purchase price of $0.35 per Unit. The Company anticipates closing the balance of the Private Placement shortly and will provide an update in due course.
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