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.
Mr. Alain Lambert, Chairman and CEO of Cyprium stated: “The results announced today are part of an ongoing exploration program to evaluate the potential of different known mineralization in the Potosi mine. The Santo Domingo body where the samples were taken, also known as Main Silicate body, was partly mined in the past and efforts are underway to determine the volume and grades of remaining material. This area is not accessed by the recently rehabilitated Potosi No. 3 shaft that will be used to provide services such as compressed air and for haulage of broken mineralized rock from Tunel body on levels 2-4 (see News Releases of June 9 and 13, 2016) where underground development and exploration will begin shortly.”
IMPACT Silver Corp. is pleased to announce that it has completed the brokered private placement announced on May 20, 2016. The fourth tranche raised $248,765 by issue of 436,430 Units at a price of $0.57 per Unit. In total, the Private Placement raised aggregate proceeds of $5,000,000 by the issue of 8,771,930 Units at a price of $0.57 per Unit. Each Unit consists of one common share and one-half of one warrant. Each whole warrant entitles the holder to purchase one common share per Warrant at a price of $0.90 per Share for a period of 36 months from the date of issuance.
A total of 87,428,866 common shares were represented at the meeting, being 67.0% 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.
First Mining is also pleased to announce that Mr. William Tanaka and Mr. Samir Patel have joined the Company as Vice President, Technical Services, and Corporate Counsel and Corporate Secretary, respectively. Mr. Patel will be taking over the role of Corporate Secretary and due to the Companys increased focus on projects within Canada, Mr. Raul Diazs position has changed from Vice President of Exploration to Exploration Manager, Latin America.
Mexico Mining Center © 2021 / All Rights Reserved
