Tag: Investor’s Corner

Candelaria Announces Additions to Senior Management Team

Candelaria Mining Corp. is pleased to announce additions to its senior management team. Effective immediately, the Company has appointed Mr. Curtis Turner to be the Chief Executive Officer and a member of the Board of Directors. In addition, Mr. Ramon Perez, acting CEO, will be appointed as the Company’s President and will continue to serve as a member of the Board of Directors. Lastly, Mr. Erick Bertsch will assume the role of Vice-President, Corporate Development.

Endeavour Silver Completes Review of Director’s AGM Election Status

Endeavour Silver Corp. advises that at the Company’s Annual General Meeting held on May 3, 2017, all director nominees were re-elected to the Board of Directors. However, as Mario Szotlender did not receive a majority of the votes cast at the meeting in his favour, he tendered his resignation as a director of the Company subject to a review by the Board of Directors in accordance with the Company’s Majority Voting Policy. Pursuant to the Policy, the Corporate Governance and Nominating Committee of the Board reviewed the reasons for which it believed Mr. Szotlender had not received a majority of votes cast in favour of his election. The Committee determined that this was due to a recommendation made by a proxy advisory firm who considered Mr. Szotlender to be “over-boarded” by virtue of sitting on the Boards of Directors of six different public companies. Mr. Szotlender subsequently resigned from the Board of one of these companies. Being a director of only five companies and having attended all Board meetings of the Company during fiscal 2016, Mr. Szotlender would no longer be considered “over-boarded” under the guidelines of proxy advisory firms. The Committee recommended that Mr. Szotlender’s resignation should not be accepted, the Board of Directors considered the recommendation and has accordingly declined to accept Mr. Szotlender’s resignation.

Torex Announces Amendment To Shareholder Rights Plan

Torex Gold Resources Inc. announces that the Company has amended certain terms of the proposed amended and restated shareholder rights plan agreement to be presented for approval at the annual and special meeting of shareholders of Torex scheduled to be held on June 21, 2017. The amendment was made in response to comments from ISS Proxy Advisory Services, a branch of Institutional Shareholder Services Inc., a proxy voting advisory and corporate governance services firm.

Alio Gold Files Updated Technical Reports

Alio Gold Inc, formerly Timmins Gold Corp., announced today that it has filed an updated NI 43-101 compliant technical report for the high-grade, high-margin Ana Paula project on the highly prospective Guerrero Gold Belt, Mexico. The report is available on www.sedar.com and the Company’s website.

Candelaria Closes $9.7 Million Strategic Investment by Agnico Eagle

Candelaria intends to use the net proceeds of the investment for infill and definition drilling to enhance the classification and extension of Caballo Blanco’s current mineral resource, exploration of highly prospective targets within the Caballo Blanco claim area, further technical and optimization studies, payment of final amounts owed to Alio Gold Inc. (formerly known as Timmins Gold Corp.) in connection with the acquisition of the Caballo Blanco gold project and for general working capital and corporate needs.

La Deuda Canadiense

Las mineras de Canadá que operan en México reclaman que el SAT les debe 360 millones de dólares. El conflicto ha llegado a los primeros niveles del gabinete económico de ambos países

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