Tag: Investor’s Corner

The net proceeds of the Offering will be used by the Company to advance its Ana Paula project and for general corporate purposes.

Under the second tranche of the Financing, Monarca issued 3,340,000 units at a price of $0.13 per Unit for gross proceeds of $434,200, making the total number of Units issued under the Financing 16,572,182 and the aggregate gross proceeds of the Financing $2,154,383. Each Unit was comprised of one common share of the Company and one common share purchase warrant. Each Warrant entitles the holder to acquire one Common Share at a price of $0.18 per share for a period of 36 months from the date of issuance.

Red Tiger Mining Inc. announces that it currently continues to produce copper cathodes from the residual leaching of copper inventory on its leach pad. In December of last year, the Company ceased mining operations at the Luz del Cobre copper mine as the tonnage of soluble copper being mined had reached uneconomic levels for continued production.

“We are honored to welcome Sheri and Molly to our Board as valued advisors and acknowledged technology and operational leaders. Their experience will build on the deep and diverse expertise of our current Board of Directors,” said Noreen Doyle, Chair of Newmont’s Board of Directors.

Westminster Resources Ltd. is pleased to announce that it has arranged a non-brokered private placement of up to 7.5 million units at a price of $0.20 per unit for gross proceeds of up to $1,500,000. Each unit will comprise one common share and one-half common share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one common share at $0.35 per share with an expiry date of one year from the closing of the private placement. A finder’s fee commensurate with TSX Venture Exchange policies will be paid where applicable.

“I am very excited and pleased to take on the role of President and CEO of Corex Gold,” stated Mr. Ramshaw. “Corex boasts a world class operating team as well as a significant industry partner in Alamos Gold. I look forward to joining Corex and leading them into this exciting transition period as the Santana gold property transitions from a development stage project into a gold producing company.”

During the June Quarter Azure has continued its strategy of identifying and assessing opportunities to acquire precious and base metals projects in Mexico. As a high priority, the Company has sought advanced stage projects where previous work outlined mineral resources or demonstrated, by drilling, continuous zones of mineralisation.

Gold Resource Corporation reports preliminary production results for the second quarter ended June 30, 2017 of approximately 5,696 ounces of gold, 397,670 ounces of silver and significant base metals. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in Oaxaca, Mexico and Nevada, USA. The Company has returned $110 million to shareholders in monthly dividends since commercial production commenced July 1, 2010, and offers shareholders the option to convert their cash dividends into physical gold and silver and take delivery.

Igor Gonzales, President and CEO of Sierra Metals commented “Sierra Metals continues to see solid metals production and tonnage processed at our flagship Yauricocha Mine. We are working to increase tonnage at Bolivar with the procurement of new equipment and through the exploration and development of higher grade ore sources which are expected to come into the mine plan early next year.”

OTCQB offers investors transparent trading in early-stage and developing U.S. and international companies. To be eligible, companies must meet a minimum $0.01 bid test, be current in their reporting and undergo an annual verification and management certification process. International companies must also be listed on a qualified foreign stock exchange and receive a Letter of Introduction from a Principal American Liaison, which must be a qualified third-party investment bank, securities law firm or depositary bank. U.S. investors can find current financial disclosures and Real-Time Level 2 quotes for Corex Gold Corp. on www.otcmarkets.com.