Tag: Investor’s Corner

“Operational performance at our mines steadily improved as the year progressed, with increased production as well as reduced costs quarter-over-quarter,” said Darren Pylot, President and CEO of Capstone. “We ended 2018 strong and are well positioned for a solid 2019.”

Prospero Silver Corp. is pleased to announce that, further to its press release of January 25, 2019, the Company has received TSX Venture Exchange acceptance of the option agreement with Fortuna Silver Mines Inc. pursuant to which Fortuna can earn up to a 70% interest in the Company’s Pachuca South East Property located in Hidalgo State, Mexico.

“Operationally, 2018 was a year in which we successfully achieved our goal of completing Mill Circuit 4, owing much to the Mexican Operations team and their dedication to the project. Additionally, we completed drill programs on several areas of the Avino property, which successfully outlined longer term targets that warrant further investigation and drilling.” stated David Wolfin, President and CEO.

Auxico Resources Canada Inc. is pleased to announce that it has completed a non-brokered private placement of 2,000,000 units, issued at a price of $0.20 per Unit, for gross prceeds of $400,000.

Sonoro Metals Corp., is pleased to announce the appointment of Neil Maedel to the Company’s Board of Directors and his assumption of duties as Executive Director, Corporate Finance. To accommodate the appointment of Mr. Maedel, director Ronald Husband has resigned from the Board, but will continue to act as an advisor to the Board. In addition, Sonoro has appointed Katharine Regan as Corporate Secretary of the Company.

“We would like to thank our shareholders for overwhelmingly approving the Acquisition and for their continued support”, stated James Bannantine, President and CEO. “The acquisition of Beadell is transformational for Great Panther, resulting in the creation of a new growth-oriented intermediate precious metals producer with a strong balance sheet and diverse asset portfolio including three producing mines, an advanced stage project, and significant exploration potential.”

Magna Gold Corp. wishes to provide an update on its previous announcement regarding the arm’s length option agreement dated September 25, 2018 with Beatriz Delia Yepiz Fong, an individual resident in the Sonora State of Mexico. The Corporation is also pleased to announce a proposed non-brokered concurrent private placement financing for gross proceeds of up to CAD$3,200,000, comprised of common shares in the capital of the Corporation, sold a price of CAD $0.32 per Common Share.

The updated Resource will incorporate the new and higher-grade drill results and will also be developed using a newer and more refined geologic, mineral domain model. Dr. Carl Hering, CEO, stated that “An updated 43-101 Resource should show significant improvement over the maiden Resource and demonstrate a more realistic understanding of Project potential.”

GoGold Resources Inc. reports net income of $8.2 millionfor the three months ended December 31, 2018. The Corporation closed the previously announced sale of the 2% net smelter royalty which resulted in net proceeds and an equivalent pre-tax gain of $11.8 million.

PRIZE MINING CORPORATION wishes to advise that the Company has filed the audited Annual Financial Statements and Management Discussion and Analysis for the fiscal year ended August 31, 2018. In addition, the Company has also filed its Interim Financial Statements and MD&A for the three-month period ended November 30, 2018. Both of these have been filed on SEDAR.