Mr. Pedro Villagran-Garcia, President & CEO, is pleased to announce the company is preparing a survey crew for a visit to the property. This is the last step before officially starting the 2015 exploration program.
Oroco Resource Corp. announces that, further to its news release of September 16, 2015, it has agreed with Goldgroup Mining Inc. to a revised payment schedule for the US$950,000 outstanding from the two promissory notes issued by Goldgroup to the Company. Pursuant to the agreement, Goldgroup will have until November 16, 2015 to enter into a formal debt payment agreement with the Company, pursuant to which it will pay the Company US$300,000 on signing, US$20,000 per month, commencing October 1, 2015 until September 15, 2016, with the balance of the remaining principal on or before that date. The outstanding principal will bear 12% interest, payable monthly in arrears….
Silver Spruce Resources Inc. wishes to announce that it is arranging a non-brokered private placement of up to 20,000,000 units for gross proceeds of $2,000,000. The gross proceeds of the financing shall be used to progress exploration on the Pino de Plata Project in Mexico and for working capital. The Company will pay all reasonable expenses and fees incurred in connection with the Offering and Agents will be paid a negotiated cash fee as a percentage of the gross proceeds raised in the Offering.
First Majestic Silver Corp. and SilverCrest Mines Inc. are pleased to announce that shareholders of both companies have voted in favour of the necessary resolutions in respect of the previously announced arrangement among First Majestic, SilverCrest and SilverCrest Metals Inc..
Silver Shield Resources Corp., announced today the closing of the second tranche of its non-brokered private placement which was announced on Sept 22nd, 2015. 734,000 units were sold for gross proceeds of $73,400.00 CDN. To date, the Corporation has now raised $270,000.00 CDN via the current offering.
Orex Minerals Inc. is pleased to announce that project partner Fresnillo PLC, has confirmed that they have met the exploration expenditures of the Second Investment Option stage on the Coneto Gold-Silver Project in Durango, Mexico. The project will proceed as a joint venture, with ownership of 55:45 % between Fresnillo and Orex.
Morro Bay Resources Ltd. is pleased to announce it has closed its Private Placement previously announced July 29, 2015. The Private Placement consists of the issuance of a total of 2,775,652 Units at a price of $0.05 per unit for gross proceeds of $138,782.57.
Colibri Resource Corporation is pleased to announce that further to receipt of the required shareholder and TSX Venture Exchange approval, the Company intends to implement its previously announced proposed share consolidation of all of its issued and outstanding common shares on the basis of one post-consolidation share for every fifteen pre-consolidation Shares.
Orex Minerals Inc. is pleased to announce that Orex’s shareholders, optionholders and warrantholders have voted today at the annual and special meeting of Orex Securityholders to approve the previously announced plan of arrangement between Orex and Barsele Minerals Corp, Orex’s wholly-owned subsidiary. The Arrangement was approved by 99.87% of the votes cast by Shareholders and Optionholders, voting together as a single class, and 100% of the votes cast by Warrantholders, voting as a single class, at the Meeting. Additionally, all annual matters that were put before Shareholders at the Meeting were approved. In particular, Orex is pleased to announce the re-election of Gary Cope, Ross Wilmot, William Henry White, Arthur Freeze and Rick Sayers to its board of directors…
Mr Mark Creasy increases shareholding in Azure via A$1 million share placement
Additional A$500,000 in funding secured from New York-based resources fund
Funding will allow Azure to rapidly progress Mesa de Plata silver discovery
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