Morro Bay Announces Release of Third Quarter Financial Results and Closes Second Tranche of Private Placement

John Zang, CEO of Morro Bay commented, “the first half of the year saw Morro Bay make significant strides forward. We were able to complete the exercise of the Option Agreement by which Morro Bay became an owner of 51% in the Peñoles Project and with our partner, Riverside Resources Inc., we reported an initial maiden resource estimate for the Jesus Maria Silver and El Capitan Gold zones at the Peñoles Project.”

AuRico Metals anuncia su financiación privada con Alamos Gold

AuRico Metals Inc. anuncia una financiación privada con Alamos Gold a través de la cual Alamos comprará 8.000.000 acciones de AuRico Metals a un precio de compra de acción de 0,70 dólares canadienses para unos beneficios totales de 5.600.000 dólares. Junto a las 5.767.855 acciones que Alamos ya tiene en AuRico Metals, Alamos ya controla el 10,9% de las acciones emitidas y destacadas de la compañía.

Alamos Announces Investment in Aurico Metals

Alamos Gold Inc. today announced the purchase of 8,000,000 common shares of AuRico Metals Inc., representing approximately 6.34% of the outstanding common shares of AuRico. The Shares are being acquired by Alamos by way of private placement at a price of C$0.70 per Share.

Apoya minera a la sociedad

El grupo Fresnillo PLC invirtió el año pasado cerca de 20 millones de pesos en acciones a favor de la comunidad, pese a la situación limitante por los precios de los metales, se espera que este año se tenga una inversión similar.

Catalyst Copper Closes Private Placement

Catalyst Copper Corporation announces that further to its press release of August 18, 2015 it has closed the non-brokered private placement of 3,300,000 units at a price of $0.10 per unit (increased by 300,000 units) for gross proceeds of $330,000. Each unit consists of one common share and one common share purchase warrant. Each common share purchase warrant is exercisable for one common share of the Company at a price of $0.15 for a period of five years from closing. Proceeds from the private placement will be used for general working capital purposes.

Great Panther Board Completes Review of Director Election Status

GREAT PANTHER SILVER LIMITED announces that its board of directors has determined that it is not in the best interests of the Company to accept the resignation submitted by Jeffrey Mason, who was elected at the Company’s Annual General Meeting of Shareholders held on June 4, 2015. Mr. Mason did not receive the support of the majority of the votes cast at the meeting. In accordance with the Company’s majority voting policy, Mr. Mason submitted his resignation to the Chairman of the Nominating and Corporate Governance Committee for consideration and acceptance or rejection at the discretion of the Board.

Goldgroup Issues 16.5 million Common Shares to Oroco Resource Corp. and Promissory Note Update

Goldgroup Mining Inc. has issued 16,500,000 common shares to Oroco Resource Corp. with respect to the acquisition of the Cerro Prieto project purchased in 2013 (see news release dated September 3, 2013). As part of the purchase agreement, the Company committed to issue 16,500,000 of its common shares or, at its option, pay US$4,125,000 to Oroco on or before August 30, 2015. The Company has elected to issue the common shares as opposed to cash settlement.

Bacanora Provides Clarification Statement

At the request of the Investment Industry Regulatory Organization of Canada, Bacanora is providing this clarification statement in connection with its press release dated August 27, 2015 wherein it announced the entering into of a supply agreement among Bacanora, Rare Earth Minerals plc and, Tesla Motors, Inc., the maker of electric vehicles and energy storage solutions. In that earlier release, the Company referred to the design and construction of a mine and processing facility with an initial estimated production capacity of 35,000 tonnes of lithium compounds, with the scaling potential of up to 50,000 tonnes per annum. It should be noted that the foregoing estimates are internal…

Tesla Begins Gigafactory Sourcing with Lithium Supply Deal

A new lithium project in northern Mexico has received the first seal of approval to supply the Tesla Motors Gigafactory.London-based Bacanora Minerals and Rare Earth Minerals have received the go-ahead to supply lithium hydroxide to Tesla’s lithium-ion battery megafactory from its clay deposit in Mexico’s north-west.

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