A total of 118,030,977 common shares were represented at the meeting, being 72.89% of the Company’s issued and outstanding shares. Shareholders voted in favour of all matters brought before the meeting including the re-appointment of PricewaterhouseCoopers as auditors for the ensuing year, and the election of management’s nominees as directors.
La Coordinación General de Minería y el Fideicomiso de Fomento Minero (Fifomi) trabajan en coordinación con instituciones financieras de China, para diseñar mecanismos que permitan transferir recursos a empresas mexicanas con necesidad de capital.
DynaResource, Inc. is pleased to announce that Mineras de DynaResource S.A. de C.V., the 100% owned subsidiary of DynaUSA and the exclusive operator of the San Jose de Gràcia Property in northern Sinaloa, México, is reporting the delivery for sale, on June 18 and June 20, 2016, of an approximate 750 Oz. gold contained in concentrates (exact weights in gold and silver Oz. to be determined at final settlement).
The opportunity to acquire and fully pay for this facility, at a significant discount, marks substantial progress in the development of the La Fortuna project, said Darren Koningen, President of Minera Alamos. The Company continues to evaluate metallurgical alternatives that would allow us to increase gold production from the project resource by up to 50% based on what would be expected under the heap leaching models considered by previous owners. We continue to aggressively take advantage of the rare opportunities current markets are providing.
Oceanus Resources Corporation is pleased to announce that it has closed its previously announced bought deal offering of 25,000,000 units of the Company at a price of C$0.23 per unit which includes 3,260,870 units issued pursuant to the exercise in full of an over-allotment option, for gross proceeds to the Company of C$5,750,000.
En ceremonia realizada en la Secretaría del Trabajo y Previsión Social, encabezada por el Alfonso Navarrete Prida, Minera Santa Rita, empresa del Corporativo Alamos Gold, recibió el Distintivo México Sin Trabajo Infantil por la implementación de políticas de responsabilidad social para prevenir y erradicar el trabajo de menores, mismo que fue entregado a Omar Blasco Gerente de Seguridad y Salud de Minera Santa Rita.
Canasil Resources Inc. announces that the non-brokered private placement of 7,500,000 units at a price of $0.32 per Unit for total gross proceeds of $2,400,000 announced on June 7, 2016, is over-subscribed. The placement has been increased to 8,000,000 Units for total gross proceeds of $2,560,000. A finders fee may be paid with respect to all or part of this Placement. The terms of the Placement are subject to acceptance by the TSX Venture Exchange.
The main objective of the new program will be to extend the diamond drilling coverage adjacent to gold-silver intercepts in the Zona Norte (La Bufa and Santo Niño veins), Zona Oeste (Loma Verde vein), Zona Centro (Descubridora vein) and Zona Sur (Durazno, Impulsora and Promontorio veins).
Fortuna Silver Mines Inc. announces that it acquired for a purchase price of C$1.5 million, direct ownership of 10.0 million units of Medgold Resources Corp., of 200 Burrard Street, Suite 650, Vancouver, BC V6C 3L6, at a price of C$0.15 per Unit on June 17, 2016. Each Unit consists of one common share of Medgold and one warrant to purchase an additional common share of Medgold exercisable at a price of C$0.15 per share for one year.
Geologix Explorations Inc. is pleased to announce the appointment of Mr. Kiran Patankar as President and CEO of the Company. Mr. Patankar will succeed Dunham Craig, who has been appointed Chairman of the Board. Past Chairman, George Brack, has been appointed Lead Independent Director.
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