Tag: Investor’s Corner

GREAT PANTHER MINING LIMITED reports the results of its Annual General and Special Meeting of Shareholders held on June 24, 2019 in Vancouver, BC.

Galore Resources Inc. is pleased to announce that it intends to commence a non-brokered private placement to raise gross proceeds of up to USD $1,500,000.00. The private placement will consist of up to 40,200,000 units, using the conversion rate of ($1 USD = $1.34 CAD) at a price of CAD $0.05 per unit, with each Unit consisting of one common share and one share purchase warrant. Each warrant will be exercisable into one additional common share at a price of CAD $0.10 per share for a period of two years from the date of closing of the financing.

San Marco Resources Inc. announces the results of its annual general meeting held on June 20, 2019. Tookie Angus, Brian Lock, Andy Carstensen, Craig Prenter and Robert Willis were re-elected as directors of the Company for the next year. Bill Myckatyn, did not stand for re-election. San Marco’s board thanks Bill for his years of significant contributions to San Marco and wishes him well in his retirement.

Alio Gold Inc. today announced that Institutional Shareholder Services and Glass Lewis & Co. have both recommended that shareholders vote FOR all proposed items to be considered at the upcoming Annual General & Special Meeting of Shareholders

Santacruz Silver Mining Ltd. reports that it has reached an agreement to amend the repayment terms of the US$ 2.3 million short-term loan that it has borrowed from a private Bolivian mining company as previously announced in the Company’s press releases dated March 7, 2018 and August 29, 2018. Pursuant to the amended terms, the principal balance of US$2.3 million is now to be repaid by January 30, 2020 (previously extended to October 1, 2018).

Fortuna Silver Mines Inc. hereby announces the voting results at the Company’s annual general meeting held on June 20, 2019.

Goldplay Exploration Ltd. announces that further to its news release of June 17, 2019, it has received interest above the previously announced private placement of up to 8,800,000 common shares at a price of $0.125 per share for gross proceeds of up to $1,100,000, and accordingly intends to increase the amount to be raised under its non-brokered private placement offering to $1,376,250, subject to TSXV approval. All other terms of the offering remain as set out in the Company’s June 17, 2019 news release.

Mr. Medilek is a mining professional with over 12 years of mine engineering, capital markets and M&A experience. Mr. Medilek began his career as a mining engineer with Barrick Gold Corporation in Western Australia focusing on underground mines. After his tenure at Barrick, he became a Mining Investment Banker with Cormark Securities Inc. and subsequently an Equity Research Analyst at Macquarie Group Limited. Mr. Medilek is currently the Vice President of Business Development and Investor Relations at producer K92 Mining. Mr. Medilek holds a Bachelor of Applied Science with Distinction in Mining Engineering from the University of British Columbia, a Professional Engineer designation in the Province of British Columbia, and is a CFA® charterholder.

Torrey Hills Capital is a leading investor and financial public relations firm specializing in small and microcap companies. Torrey Hills Capital will increase awareness of the Company through its established relationships with investment professionals, investment advisors, and money managers focused on the microcap market space. This will assist the Company in building on and maintaining its investor audience in both the U.S. and Canadian marketplaces.

MEXICAN GOLD CORP. is pleased to announce the appointment of Philip O’Neill as Chief Executive Officer, President, and Director of the Company. Mr. O’Neill will replace Carl Hering (PhD Geology) as Chief Executive Officer. Mexican Gold is also pleased to announce that Carl Hering will assume the Chief Operating Officer position and will remain as a Director of the Company.