Aurcana Announces $5,000,000 Bridge Loan

Aurcana Corporation announces that it has entered into an agreement for a $5,000,000 bridge loan to be advanced to the Company by FirstAccess Financial Group, Inc. Aurcana continues to expect the closing of the previously announced $50 million principal amount loan facility with Red Kite Mine Finance in September, and is in the process of finalizing documentation for the closing of that financing. The Bridge Loan is intended to provide additional liquidity to the Company until the closing of the Loan Facility.

NSX Silver Reviewed by the British Columbia Securities Commission

NSX Silver Inc. reports that it was recently selected by the British Columbia Securities Commission for a targeted mining disclosure review. The purpose of the review was to assess selected aspects of the Company’s mining technical disclosure for compliance with the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects. Following the review the BCSC requested that the Company issue the following news release to clarify and retract certain of its technical disclosure.

Soltoro Expands the Gold Potential of the Tecolote Project in Jalisco, Mexico

Soltoro Ltd. has received further positive gold and silver assay results from ongoing mapping and sampling on its 100% owned Tecolote Project in Jalisco, Mexico. Soltoro obtained title to Tecolote through staking so there are no payments or royalties due on the Project. The 3,052 hectare Tecolote Project is located less than 10 kilometres north of Soltoro’s El Rayo primary silver project and 10 kilometres northeast of Grupo Mexico S.A.B. de C.V.’s El Barqueño property currently optioned to Cayden Resources Inc.

Mining companies balk at Mexico’s proposed royalty plan

Mining companies have threatened to cut investment in Mexico after the government proposed a 7.5 percent mining royalty, arguing that lower metal prices, rising running costs and higher taxes reduce the country’s investment allure.

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