Tag: Investor’s Corner

ARANZ Geo announced today that the company is changing its name to Seequent. The name change and rebrand reflects the company’s expansion into a broader range of global industries and markets. Seequent leads the world in visualisation of complex scientific data. It first introduced its Leapfrog® 3D geological modelling software to the mining and minerals industry over 10 years ago. The company has since developed solutions for a wide range of industries including geothermal and renewable energy, civil engineering, and environmental management.

Palamina Corp. today announced the nomination of Alistair Waddell to the board of directors and appointed Donald Mc Iver and Yury Valdivieso to senior management positions. Donald McIver joins Palamina as its new V.P. of Exploration and Yury Valdivieso as Exploration Manager for Peru.

San Marco Resources Inc. announces that it has completed its private placement financing announced September 29th, 2017. A total of 8,444,444 units were issued at $0.18 per Unit for gross proceeds of $1,519,920, a greater than 20% increase over the original financing target of $1,260,000. Insiders of the Company acquired 1,190,000 (over 14%) of the Units issued in this financing.

The recent shining on lithium has put other battery technologies – such as zinc – in the shadows, even though they have been around for generations. When it comes to disposable batteries, carbon zinc has undoubtedly proven its value, though the technology for a time was less successful when applied to rechargeable batteries. Recharging causes the formation of sharp-edged zinc dendrites that pierce the separation between anode and cathode and cause the battery to short-circuit. However, a team at the Naval Research Laboratory in Washington, D.C., has found a way to avoid dendrite buildup by making the anodes with a sponge-like structure, and zinc carbon is set to enjoy a renaissance.

Endeavour Silver Corp. announced today the appointment of Galina Meleger as Director of Investor Relations. Ms. Meleger has over 10 years’ diverse experience in investor relations and corporate communications for publicly traded companies in the resource sector. Galina will be working with the senior management team to elevate the visibility of Endeavour Silver in the capital markets in order to maximize shareholder value.

Gold Resource Corporation reported production results for the third quarter ended September 30, 2017 of 6,465 ounces of gold and 392,153 ounces of silver, which along with base metal revenue generated $31.1 million in net revenue and $4.6 million in net income for the quarter. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, U.S.A. The Company has returned $110 million to its shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers its shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Silver Spruce Resources Inc.announces that it has closed its current non-brokered private placement and raised gross proceeds of $132,500.00. The offering will consist of the issuance of 2,650,000 shares and 2,650,000 warrants.

Proceeds from the financing will be used primarily to further advance the Company’s 100%-owned E&L Nickel Mountain Project and to unlock the value of the Company’s 100%-owned gold and silver properties in Mexico.

“The Cosalá team has done an effective job at managing the development and operations of three different mines and a successful drill program during 2017,” said Americas Silver President and CEO Darren Blasutti. “We expect this strong performance to continue through to the end of 2017 and into 2018 with San Rafael coming into production on time and on budget in the next couple of weeks. We made a prudent decision to process El Cajón ore in the third quarter that increased costs in order to free up working capital that otherwise would have been inaccessible for years.”

Consolidated Zinc Chairman Mr Stephen Copulos said “We would like to thank Mr Dix for his contribution to the Company over the last 3 years especially in building a resource base of almost 1 million tonnes at 16% zinc plus lead from which the Company has successfully completed a positive Scoping Study. From this we will be able to transition to a developer and producer.”