Gold Resource Corporation reported production results for the second quarter ended June 30, 2017 of 5,696 ounces of gold and 397,670 ounces of silver, which along with base metal revenue generated $21.4 million in net revenue for the quarter and $0.9 million in net income for the quarter. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, U.S.A. The Company has returned $110 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Oceanus Resources Corporation has closed a non-brokered private placement raising $3,000,000 through the issuance of 10,000,000 units at a price of $0.30 per unit. Each Unit consists of one common share and one-half warrant of the Company at $0.30 per Unit. Every two one-half common share purchase warrants of the Company entitles the subscriber to acquire one common share of the Company for $0.40 for a period of eighteen months from the closing date. The Units issued pursuant to this private placement are subject to a 4 month hold period that expires on December 2, 2017.

Completion of the Transaction as contemplated would constitute a change of business in accordance with TSX Venture Exchange Policy 5.2., Changes of Business and Reverse Take-overs, as the Company’s current business is exploration for minerals. The proposed Transaction would see the Company engage in the ownership and management of multi-unit residential real estate. As a result, the Transaction is subject to Exchange acceptance and will also require the approval of the shareholders of NSX Silver.

“During the second quarter, we realized on our plan to resume high-grade and cash flowing production from Platosa,” stated Brendan Cahill, President and Chief Executive Officer. “We certainly faced challenges over the first half of 2017, with access to ore limited by water inflows, but our team executed and, by the end of the second quarter, we had achieved dry mining conditions and were mining fresh, high-grade manto mineralization. Looking forward, our goal is to steadily increase production over the remainder of 2017 to 300 tpd by year-end. We have also began driving further reductions in key cost centres, most importantly electricity usage, where incremental savings can result in material additional cash flow. We remain focused on our target of doubling production and halving costs at Platosa over the coming quarters and we are already pleased with the improvements in cash flow we see at 200+ tpd.”

“Operational performance in the second quarter was on plan, with costs trending down from the first quarter,” said Darren Pylot, President and CEO of Capstone. “Most importantly, Pinto Valley returned to full production, setting quarterly and monthly throughput records.”

“For the second half of the year, approximately half of our production is unhedged and completely unhedged in 2018 and beyond,” continued Mr. Pylot.