Almaden Minerals Ltd. is pleased to announce that it has issued its inaugural report concerning its community-related activities at the Ixtaca project in Puebla State, Mexico. http://www.almadenminerals.com/RESPONSIBILITY/Documents/Almaden_CSR.pdf
Shareholders voted in favour of setting the number of directors at six and the following incumbent directors were re-elected: Joanne C. Freeze, Dr. Peter Megaw, Dr. Kenneth G. Thomas, Larry Kornze, Andres Milla and Paul H. Barry. The directors will serve until the next annual general meeting of the Company.
Oroco Resource Corp. announces that it has not received any payout from Goldgroup Mining Inc. of the US$750,000 promissory note due and payable on September 15, 2015. The Company and Goldgroup are currently negotiating the payment of Goldgroup’s outstanding indebtedness to the Company. The Company remains confident of obtaining payment in full and of Goldgroup’s intentions to honour its indebtedness.
Oceanus Resources Corporation and El Tigre Silver Corp. are pleased to announce that they have entered into an arrangement agreement to combine their respective companies by way of a statutory plan of arrangement pursuant to the Business Corporations Act (British Columbia), under which Oceanus will acquire all of the outstanding common shares of El Tigre in exchange for common shares of Oceanus that values El Tigre at approximately $6,000,000.
AuRico Metals Inc. is pleased to announce the closing of the previously announced private placement with Alamos Gold Inc. for 8,000,000 shares at a per share price of C$0.70 for total proceeds of C$5,600,000. Together with the 5,767,855 shares Alamos already owned in AuRico Metals, Alamos now holds 10.9% of the issued and outstanding shares of the Company.
San Marco Resources Inc. is pleased to announce the adoption of an incentive program to encourage the early exercise of its outstanding share purchase warrants.
New Gold Inc. today provides an update on development progress at the company’s Rainy River project, where New Gold is hosting an analyst and investor tour tomorrow, and announces the planned retirement of Robert Gallagher, the company’s President and Chief Executive Officer, in June of 2016.
Aura Minerals Inc. announces that in accordance with National Instrument 43-101 and in support of the Company’s August 7, 2015 news release, it has filed a technical report entitled Preliminary Economic Assessment of the Re-Opening of the Aranzazu Mine, Zacatecas, Mexico.
“Our business model has always been focused on making accretive investments and building a strong portfolio for our shareholders. Given the turbulence of current markets, we believe that Silver Wheaton’s share price does not currently reflect the high quality asset base underlying the company’s robust business model,” said Randy Smallwood, President and Chief Executive Officer of Silver Wheaton. “As such, we believe that at current share price levels, Silver Wheaton shares may represent the best investment option for our shareholders. The initiation of our first ever normal course issuer bid positions us to capitalize on this opportunity.”
Levon Resources Ltd. is pleased to announce that its common shares will commence trading on the OTCQX market in the U.S., effective September 14, 2015 under the ticker LVVNF. Trading on OTCQX is designed to provide current and future U.S. based shareholders with greater access to and ease of trading in the Company’s shares. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for Levon Resources Ltd. on www.otcmarkets.com.
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