Tag: Investor’s Corner

Santacruz Silver Mining Ltd. reports that it has terminated the previously announced agreement in connection with the Company’s sale of the San Felipe Project to the Hermosillo Group. No payments pursuant to the Transaction have been made to date. Discussions have been on-going with respect to revised payment terms however this process has not led to a payment schedule acceptable to the Company and therefore the agreement has been terminated by the Company.

Americas Silver Corporation is pleased to report that shareholders have approved a special resolution for an amendment to the Company’s articles and authorized a consolidation of the Company’s outstanding common shares. The resolution was approved by over 95% of votes cast at the meeting. The Share Consolidation is necessary to satisfy one of the outstanding listing requirements for the New York “NYSE MKT” Stock Exchange of a share price of US$2.00 or greater. Further details are provided in the Company’s management information circular dated November 10, 2016.

In order to prevent criminal acts from prevailing in the municipality of Guadalupe and Calvo, local authorities requested the installation of a C-4 and the integration of detachments of the State Police in Baborigame and San Julián, areas that have historically been controlled by Organized crime.

Autoridades de Guadalupe y Calvo proponen integración de destacamentos de la Policía Estatal en Baborigame y San Julián

Golden Minerals Company has entered into an At-the-Market Offering Agreement dated December 20, 2016 with H.C. Wainwright & Co., LLC as sales manager. Under the terms of the ATM Agreement, the Company will be entitled to sell, at its discretion and from time to time, shares of its common stock through Wainwright, with such sales having an aggregate gross sales price of up to US$5.0 million.

Excellon Resources Inc., Mexico’s highest grade silver producer, is pleased to announce the appointment of Ms. Daniella Dimitrov and Dr. Laurence (Laurie) Curtis to its Board of Directors.

THE release of Consolidated Zinc’s maiden Mineral Resource last week has confirmed the company is on course towards future production plans.

BACANORA MINERALS LTD., the Canadian and London listed company focused on developing the Sonora Lithium Project in Mexico into a world class lithium carbonate operation, announces that it is continuing to develop a long term marketing relationship and off-take strategy and is now in advanced discussions with a significant Asian offtake partner for the supply of battery grade lithium carbonate (Li2CO3).

New Gold Inc. is pleased to announce that Hannes Portmann has been named President of New Gold. Randall Oliphant will continue in his role of Executive Chairman and Brian Penny will continue as Executive Vice President and Chief Financial Officer. David Schummer, Executive Vice President and Chief Operating Officer, is leaving New Gold and Raymond Threlkeld, currently a member of the company’s Board of Directors, will become Interim Chief Operating Officer.

Arian Silver Corporation is pleased to announce that further to the Company’s press release dated 27 October 2016 regarding the extension of the exclusivity agreement with Tierra Nuevo Mining Ltd over the Noche Buena gold and silver tailings project in Mexico, the period of exclusivity has been extended by a further 60 days to 25 February 2017 at no additional cost whilst the final results of metallurgical testwork are awaited.