Tag: Investor’s Corner

MAG Silver Corp. reports that at its annual general and special meeting held on June 13, 2019, MAG’s Shareholders approved by majority: to reduce the size of the board to seven; to elect all seven directors standing for re-election; to re-appoint Deloitte LLP as the Company’s auditor; to approve the continuation of the Shareholder Rights Plan; and the Company’s approach to executive compensation.

Orla Mining Ltd. is pleased to announce the voting results for the election of its Board of Directors, which took place at the Company’s Annual and Special Meeting of Shareholders held today. All nominees as set forth in the Company’s management proxy circular dated May 9, 2019 were elected as directors of Orla at the AGM.

Aura Minerals Inc. announces the results of the votes held at the Annual General Meeting of Shareholders held on May 31, 2019 in Road Town, Tortola, British Virgin Islands.

Ethos Gold Corp. announces that it has completed a non-brokered private placement for gross proceeds of $225,000. The Company issued 1,125,000 units at a purchase price of $0.20 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant with each Warrant entitling the holder to purchase one common share of the Company at a purchase price of $0.40 per share until June 10, 2021.

The Company has agreed to issue a minimum of 3 million units at a price of CAD$0.12 per Unit to raise minimum gross proceeds of CAD$360,000. Each Unit will consist of one common share in the capital of the Company and one full warrant to purchase an additional common share at an exercise price of CAD$0.20 for a two-year period following the closing of the Private Placement.

GREAT PANTHER MINING LIMITED is pleased to report that Institutional Shareholder Services and Glass Lewis & Co. have both recommended that shareholders vote FOR the Company’s amended and restated Shareholder Rights Plan as well as the other proposed items to be considered at the upcoming Annual General and Special Meeting of shareholders of Great Panther.

Magna Gold Corp announces that it has entered into a shares-for-services agreement with VRIFY Technology Inc. pursuant to the provisions of TSX Venture Exchange Policy 4.3. Pursuant to the Agreement, VRIFY, which provides technology services to the Company, will receive its fees by way of the issuance of common shares of the Company. The Shares will be issued at a deemed price per Share equal to the Discounted Market Price (as defined in Exchange policies) of the Shares as traded on the Exchange on the first trading date following the date the Services are provided to the Company. The Agreements are subject to Exchange acceptance.

Mako Mining Corp. today announced that it will conduct an offering of rights to acquire common shares of the Company to raise gross proceeds of C$27,000,000.

Finnish industrial machinery company Metso has announced its acquisition of McCloskey International, a Canadian mobile crushing and screening equipment manufacturer.