Newmont Corporation announced today that on June 27, 2020, 3,034,393 warrants of Quebec Precious Metals Corporation held by Goldcorp Inc., its wholly-owned subsidiary, expired in accordance with their terms.
Magna Gold Corp. announces that it has granted a total of 2,250,000 incentive stock options to purchase common shares of the Company to certain officers, directors and consultants of the Company pursuant to the Company’s stock option incentive plan. Such options are exercisable at a price of $0.98 for a period of five years.
Prospero Silver Corp is pleased to announce that Grant Bosworth, a long-standing member of its board of directors, has agreed to accept appointment to the position of Interim Chief Financial Officer, filling the vacancy created by the previously announced resignation of David Huffer, pending the Company identifying a full-time replacement to join its management team.
Surface sampling from the untested California target have returned grades of up to 1.5 m @ 27 g/t Au.
At this time, the Company does not expect that there will be a change to its anticipated timing of filing the Annual Filings on or before July 15, 2020.
First Mexican Gold Corp. is pleased to announce that further to its press release of June 15, 2020, the Company has closed the second and final tranche of its previously announced non-brokered private placement by issuing, in the second tranche, an aggregate of 4,248,722 charity-flow through units of the Company at a price of $0.18 per Charity FT Unit for gross proceeds of $764,769.96.
The Company is continuing to work diligently and currently still expects to file the Q1 Filings on or prior to July 15, 2020.
Phase One of the program will total 6,000 meters of core drilling to test 20 targets, of which the initial 11 holes have been identified in the Drilling Plan. Of the remaining nine holes, seven have been tentatively identified in the Drilling Plan and two are reserved depending on the results of prior holes. This initial core drilling program is the first segment of the proposed 50,000 meters of core and rotary drilling contemplated in the Company’s May 26, 2020 news release.
SSR Mining Inc. and Alacer Gold Corp. are pleased to announce that Institutional Shareholder Services and Glass Lewis & Co. have both recommended that shareholders vote FOR the matters to be voted on at the applicable meetings in connection with their previously announced at-market merger of equals pursuant to a plan of arrangement under the Business Corporations Act (Yukon).
As part of the refinancing, Sprott Private Resource Lending II, LP has replaced Royal Capital Management Corp. as a lender and the administrative agent for the Term Loan; and Evanachan Limited, a corporation wholly-owned by Rob McEwen, remains a lender.
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