Americas Silver Corporation is pleased to report that shareholders voted in favour of all items of business including the election of each of the nominees listed in its management information circular dated April 7, 2016 at its annual and special meeting of shareholders held on May 17, 2016.
A partir de 2013 y hasta el cierre de 2015, la cotización internacional del oro había ido a la baja: el año pasado cayó 10.42 por ciento a un valor de mil 61 dólares por onza; y al inicio de este periodo retrocedió 28.04 por ciento, evento que las empresas productoras del metal precioso compensarón con un incremento en su producción.
Riversides President and CEO, John-Mark Staude, stated: The Sonora Orogenic Gold Deposits commonly have lenses of gold and often require several drilling campaigns and several dozen drill holes for a discovery. We are encouraged with the results of this initial phase of 8 core holes, which will help us establish a better understanding of controls on mineralization and guide future drilling and exploration efforts at Tajitos.
Azure Managing Director Mr Tony Rovira said, Its very exciting that we were approached and offered this exciting new prospect. While our focus is clearly on advancing our Alacrán silver and gold discoveries, this new project provides us with an unexplored foothold in the middle of the hottest silver district in Mexico. Recent silver and gold discoveries and current mine developments within this district are major reasons for Azure to take a presence here.
Dictamina el tribunal a cargo la aceptación del plan de pagos
Fue aprobado por unanimidad de los acreedores reconocidos
La empresa surge fortalecida y con perspectivas de desarrollo
The net proceeds of the Offering will be used for the advancement and the development of the Company’s mineral properties in Mexico and for working capital and general corporate purposes.
Red Tiger Mining Inc. is providing this bi-weekly update on its Financial Statement Status in accordance with National Policy 12-203 Cease Trade Orders for Continuous Disclosure Defaults. On April 20, 2016, the Company announced that for reasons disclosed in the news release, there would be a delay in the filing of its audited financial statements for the year ended December 31, 2015 and its related Management Discussion & Analysis and CEO and CFO certifications beyond the 120 day period prescribed for the filing of such documents. The late financial statements, management discussion and analysis and related CEO and CFO certifications are, collectively, the “Required Filings”.
Lawrence Page Q. C. President said during the exploration of the CLM claims while Southern Silver was funding the option payments, it became apparent that ownership of surface rights to land overlying the mineral claims would be greatly beneficial for future development of the property. We have now accomplished the purchase of land which will be significant in any exploitation of the claims. Additionally, through our Mexican Corporation, which is the owner of the mineral claims, we have negotiated and executed exploration access agreements with the local Ejidos holding surface rights over the deposits allowing continued exploration on the property.
Mr. Frank Kordy stated: “The Board and I are very pleased to have finally completed our strategic transformation from Mining & Exploration into Merchant Banking. The Board and I strongly feel that the completion of this process will be beneficial to our shareholders as the new business model offers more revenue generating opportunities, and will allow the Corporation the ability to make strategic investments into many diverse sectors. The Corporation has come a long way over the course of the last year, and we are excited to have the ability to now focus more energy on business development endeavors vs. restructuring. We remain committed in continuing building this business.”
We are moving forward aggressively on our work at our recently acquired La Fortuna gold project and expect to have permits in hand on both of our Mexican development projects by early next year, said Chris Frostad, Chief Executive Officer of Minera Alamos Inc. This financing provides adequate funds to move us beyond a construction decision.
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