Oroco Resource Corp. announces that its shareholders have approved the Company’s amended 10% rolling stock option plan at its Annual General Meeting of Shareholders held on December 16, 2022.
“Southern Empire’s La Loma, Pedro and Centauro gold projects support our theory that a northwest trending metallogenic belt of “Carlin-style” and/or low sulphidation epithermal gold deposits extends through northern central México. Our projects all exhibit many of the geological and mineralogical features that define these important precious metal deposit types,” stated David Tupper, Southern Empire’s VP of Exploration.
Lodestar Battery Metals Corp. is pleased to announce a non-brokered flow-through private placement financing of 4,000,000 units at a price of $0.10 per Unit for total proceeds of $400,000.
Pursuant to the Definitive Agreement, the Company will make a strategic investment with a right of first refusal to purchase the Palos Verdes project from Prismo, and acquire 4,000,000 units of Prismo, for aggregate consideration of C$2,000,000.
Great Panther Mining Limited made a voluntary assignment into bankruptcy under the Bankruptcy and Insolvency Act (Canada) following the Supreme Court of British Columbia granting an order terminating of its proceedings under Companies’ Creditors Arrangement Act (Canada).
Wealth Minerals Ltd. has arranged a non-brokered private placement offering of up to 2,631,579 units in the capital of the Company at a subscription price of $0.38 per Unit for gross proceeds of up to $1,000,000, each Unit consists of one common share and one common share purchase warrant, each Warrant entitles the holder thereof to purchase one common share in the capital of the Company at an exercise price of $0.48 per Warrant Share for a period of 24 months.
“The reduced production and lower metal prices have affected our results this quarter; however, we still maintain a healthy cash reserve of over $8.8million,” reported Robert Eadie, CEO of the Company.
Bear Creek Mining Corporation announces that its Board of Directors has authorized and approved the grant of 3,750,000 stock options under its stock option plan to certain directors, officers and employees of Bear Creek.
“We are pleased to continue executing Minaurum’s discovery generator model to advance its district-scale projects while pursuing the monetization of its non-core projects in exchange for a combination of royalties, carried interests, and significant share positions,” stated Darrell Rader, President and CEO of Minaurum Gold.
Silver Dollar Resources Inc. is pleased to report the progress in its new target development work at the underexplored Noria portion of the La Joya Silver Project located in the state of Durango, Mexico.
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