Tag: Investor’s Corner

Magellan Gold Corporation is pleased to announce the appointment of Michael P. Martinez as CFO and Secretary of the Company, effective immediately. To facilitate this change, John C. Power recently stepped down as CFO and Secretary. The Company wishes to thank Mr. Power for his service as an officer since Magellan’s inception. Mr. Power will continue in his role as a director of the Company.

McEwen intends to use the net proceeds of the offering to fund the previously announced acquisition of the Black Fox Complex and associated assets and liabilities, an operating precious metal mine, associated claims and equipment located in the Township of Black River-Matheson, Ontario, Canada, and the Grey Fox Property, an exploration property located near the Black Fox Complex, and for working capital and general corporate purposes. If the foregoing acquisitions do not close, McEwen will use the net proceeds of this offering for working capital and general corporate purposes.

Leagold Mining Corporation is pleased to announce the appointment of Meghan Brown, BA, MBA as Vice President – Investor Relations.

DynaResource, Inc. reports that DynaResource de México SA de C.V., the 100% owner of the San Jose de Gracia high-grade gold project, located in the County of Sinaloa de Leyva, State of Sinaloa, México, issued a news release dated Sept. 15, 2017, announcing the favorable ruling for DynaMéxico against Goldgroup Resources Inc. in an Amparo Trial (an appellate ruling) in the State of Veracruz, México.

Rose, the AIM quoted natural resources business, is pleased to announce that at its General Meeting held earlier today, all resolutions were duly passed.

Sona is a nano technology life science firm that has developed two proprietary methods for the manufacture of rod shaped gold nanoparticles. The principal business carried out and intended to be continued by Sona is research and development of its proprietary technology for use in multiplex diagonostic testing platforms that will improve performance over existing tests in the market.

“We’re pleased to have replaced and grown our metal inventory despite minimal exploration drilling until early 2017 due to the difficult state of the precious metal industry since 2012,” said Darren Blasutti, President and CEO. “The building of the San Rafael mine on time and budget coupled with the early drilling success of the adjacent Zone 120 deposit demonstrates the quality of our properties. It highlights the achievement of our disciplined capital allocation approach, prioritizing the most accretive investments to position the Company for future silver production growth without share dilution.”

The recent period has been characterised by a notable operational achievement with the issue of the final permits for the 3D seismic shoot in the Paradox Basin, Utah. In addition, considerable progress has been made with the ongoing process of disposing of the Group’s SDA Mill in Mexico and it is currently anticipated that, subject to funding, both the seismic shoot and the disposal of the SDA Mill will be completed by 31 December 2017. The Group also continues to explore potential opportunities in Cuba, focusing on both the oil and gas and building materials sectors.

“We are very pleased and would like thank our shareholders, insiders and management in participating and securing the funds to advance the San Acacio Silver Deposit in becoming a premier silver asset in Zacatecas, Mexico” said Roy Bonnell, CEO of Defiance Silver. “With long term drill permits in place, we can look to commence our next phase of drilling to continue to grow the resource, but also test several targets along the 900m strike extension to the southeast”

Neil Woodyer, CEO stated “The OTCQX platform will provide our growing shareholder base with increased visibility and transparency by facilitating trading of our common shares in the United States. While our primary listing is on the Toronto Stock Exchange in Canada, we appreciate that some investors prefer to trade in U.S. dollars on the OTCQX market”.