Shareholders voted in favour of all items of business, including the re-election of each director nominated, the ratification of the Company’s stock option plan and re-pricing of certain stock options. Smythe LLP were reappointed as auditors.
Scott Eldridge, Canarc’s CEO stated: “It is a pleasure to welcome Mr. Gill to our Canarc management team. We look forward to working with Troy to create value for shareholders through both our exploration and acquisition strategies. Canarc plans to carry out two drill programs on our projects in Nunavut and British Columbia over the next three months. We thank outgoing VP Exploration Dr. Jacob Margolis for his contributions and wish him all the best.”
Great Panther President and CEO Rob Henderson commented: “The 2020 exploration program at Tucano is a top priority.”
N. Eric Fier, CEO, commented, “We continue to adjust to unprecedented COVID-19 conditions with the operation of a fully functional confined camp at Las Chispas. Health and safety of our people and surrounding communities are paramount as we move the project forward. The SilverCrest Team is back to operating eight exploration drills, advancing underground development at 10 to 15 metres per day, and working diligently on feasibility and engineering designs in preparation for potential major mine construction in 2021.
Aura Minerals Inc. announced today that the Company’s board of directors has approved a dividend policy for the Company
Magna Gold Corp. is pleased to announce that, further to its news release dated May 6, 2020 and in satisfaction of the requirements of the TSX Venture Exchange, it has filed an independent technical report entitled “NI 43-101F1 Technical Report for the San Francisco Gold Project, Sonora, Mexico” and dated June 1, 2020.
First Mexican Gold Corp. is pleased to announce that it has granted an aggregate of 2,500,000 options to purchase common shares of the Company, exercisable at a price of $0.24 per share for a period of five years from the date of grant, to certain directors, officers and consultants of the Company.
Goldgroup Mining Inc. is pleased to announce that it has signed an indicative term sheet in respect of a secured loan facility with Accendo Banco S.A., Multiple Banking Institution in the amount of USD$3,000,000.
Metalla Royalty & Streaming Ltd. and Coeur Mining, Inc. announce that they have entered into a bid letter with a syndicate of underwriters led by PI Financial Corp., Haywood Securities Inc. and Cantor Fitzgerald Canada Corporation pursuant to which the Underwriters have agreed to buy on a “bought deal” basis 2,400,000 common shares of Metalla currently held by Coeur at a price of US$5.30 per Common Share for gross proceeds to Coeur of approximately US$12.72 million.
Southern Silver Exploration Corp. announces that in conjunction with the previously announced Transaction to acquire an additional 60% indirect working interest (for a 100% indirect ownership) in the Company’s flagship Cerro Las Minitas project, it plans to issue a minimum of 35,000,000 subscription receipts of the Company in a fully marketed private placement at a price of C$0.20 for gross proceeds of a minimum of C$7,000,000.
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