Telson Resources Inc. announces that it has completed the second and final closing of the non-brokered private placement pursuant to which the Company issued 6,960,000 units for gross proceeds of $348,000. The Final Closing is part of the Company’s previously announced non brokered private placement of 40,000,000 Units at a price of $0.05 per Unit for gross proceeds of $2,000,000. Each Unit consists of one common share and one half of one transferable share purchase warrant. Each Warrant is exercisable to acquire one additional Share of the Company for a period of two years at a price of $0.05 per Share.

Bacanora Minerals Ltd Tuesday said it is negotiating a number of non-binding agreements with potential offtake partners for the lithium it will produce from the Sonora project in northern Mexico, building on its deal with US-based Tesla Motors earlier this year.

The Sonora Project in Northern Mexico is host to an estimated 9mln tonnes of lithium carbonate, 5mln tonnes of which are in the higher confidence ‘indicated’ category.

Minaurum Gold Inc. is pleased to announce it has closed the second and final tranche of a non-brokered private placement raising $147,000. With this final tranche, Minaurum has raised a total of $2,654,625. There was no finder’s fee paid in connection with this tranche.

Silver Spruce Resources Inc. wishes to announce that it has reached an agreement with the owners of the Pino de Plata property in Mexico to extend the first payment of $125,000.00 US that was due on December 1, 2015 to March 1, 2016 and from there continue in accordance with the contract. This extension will allow Silver Spruce the opportunity to further its efforts in raising the required money to begin the work programs at the Pino de Plata project.