IDM Mining Ltd. announces that the Company has agreed to issue 3,750,000 common shares of the Company at a deemed price of C$0.17 and make a US$50,000 cash payment to a creditor in settlement of certain debts related to the Company’s past operations in Mexico. The debt settlement is subject to approval of the TSX Venture Exchange.
The U.K.-listed business, the world’s largest primary silver producer and Mexico’s second-largest gold producer, reported a 6.7% rise in silver production, including output from the Silverstream contract, to 11.8 million ounces for the three months ended Sept. 30, 2016 compared with the same quarter the year before. This was mainly due to the start-up of the first phase of San Julian plant, increased ore processed at the Saucito mine and an increased contribution from the Silverstream contract.
NSX Silver Inc. announces that it has entered into a share purchase agreement with Residence Cameron Ltd. and Dr. Marc Louis Girouard to acquire all of the issued and outstanding shares of Residence Cameron Ltd. Cameron owns multi-unit residential properties totaling 63 units, at 64, 66 and 86 Cameron Street in Moncton, NB. Cameron is a New Brunswick incorporated company whose sole assets are the multi-unit residential properties in New Brunswick.
Red Tiger Mining Inc. announces that it has received the resignation of Mr. Igor Omelchenko from the Companys Board of Directors and Audit Committee. The Board of Directors thanks Mr. Omelchenko for his service and wishes him continued success in his future endeavors.
Further to its news release of August 17, 2016, Starcore International Mines Ltd. reports that October 11, 2016 is the effective date of its registration statement on Form 20-F as filed with the United States Securities & Exchange Commission for the purpose of registering its common shares under section 12(g) of the United States Securities Exchange Act of 1934, as amended. As of the Effective Date, the Company becomes subject to the reporting requirements under Section 13(a) of the Exchange Act.
Endeavour CEO Bradford Cooke commented, “Our consolidated production continued to exceed plan in the third quarter. Although our production forecast is lower in H2 than H1, we are well positioned to meet our recently raised production guidance for 2016. We still have available plant capacity at all three mines and are evaluating various ways to boost mine production in 2017.
Corex Gold Corp. announces that it has entered into a subscription agreement to issue 25,300,000 common shares of the Company to Alamos Gold Inc. at a price of $0.10 per Share. The Company has also entered into subscription agreements to issue an aggregate of 3,000,000 Shares to certain members of management of the Company or their affiliates at a price of $0.10 per Share.
Como respaldo a sus programas de control ambiental, Altos Hornos de México (AHMSA) recibirá financiamiento del Banco de Desarrollo de América del Norte (NADBANK), que abrirá una línea de crédito por 30 millones de dólares para modernizar el control de emisiones en el sistema de aceración BOF de la Siderúrgica 2.
Alta Vista Ventures Ltd. announces that the Company has satisfactorily completed its due diligence on two of its acquisition targets – High Eye Aerial Surveys and the UAV division of Pioneer Exploration Consulting – and it is now moving forwards with the formal documentation for the transactions.
War Eagle Mining Company Inc. announces all resolutions put forward at the Annual General and Special Meeting of the Company’s shareholders, as further described in the Company’s information circular dated August 29, 2016, were approved.
Mexico Mining Center © 2021 / All Rights Reserved
