Tag: Investor’s Corner

The Alberta Securities Commission (ASC) has ordered an interim cease-trade of Prize Mining Corp. shares issued to the subscribers of a July 2018non-brokered private placement until the determination of a January 14, 2019 hearing into allegations about Prize’s public disclosure. The 10-day window gives the junior mining issuer and 12 other respondents time to contest preliminary allegations by Staff of the ASC that Prize breached the Securities Act (Alberta), and acted contrary to the public interest, by making misrepresentations and failing to comply with its continuous disclosure obligations.

Three non-profit firms have filed complaints with the British Columbia Securities Commission accusing the companies of hiding key risks

PRIZE MINING CORPORATION wishes to announce the appointment of Mr. José Aviña to the Company’s Board of Directors effective December 31, 2018. The Company would also like to report the resignation of Mr. Dallas Pretty from the Company’s Board effective December 31, 2018.

Silver Spruce Resources Inc. is pleased to announce the appointment of Kevin R. O’Connor to its Board of Directors.

Aura Minerals Inc. completed, effective December 31, 2018, the previously announced consolidation of its common shares on the basis of one new Share for ten old Shares. The Company’s consolidated common shares are expected to begin trading on the Toronto Stock Exchange when the markets open on January 7, 2019.

Americas Silver Corporation is pleased to provide an update on developments for the pending merger transaction with Pershing Gold Corporation announced September 30, 2018, including details of the special meeting of shareholders and to provide an update regarding its option agreement on the San Felipe property.

Avino Silver & Gold Mines Ltd. announces that it has filed a new short form base shelf prospectus dated December 21, 2018 in Canada, pursuant to which Avino may distribute common shares from time to time through Cantor Fitzgerald & Co. as agent or as principal, pursuant to an amended and restated sales agreement currently in effect with the Agent for the distribution of the Offered Shares in the United States up to the aggregate sales amount of US$8.0 million in accordance with the terms of the Sales Agreement.

As set out in the September 2018 Quarterly Report announced on 29 October 2018, Consolidated Zinc Limited has undertaken a Detailed Costing Study that was submitted to banks and merchant trading houses and led to finance offers for the Plomosas Project. However, the opportunity presented by Grupo Mexico’s toll treatment and offtake agreement offered greater benefits and was accepted making the Study redundant in its current form.

First Majestic Silver Corp. is pleased to announce it has entered into an equity distribution agreement dated December 27, 2018 with BMO Capital Markets Corp. pursuant to which the Company may, at its discretion and from time-to-time during the term of the Sales Agreement, sell, through the Agent, such number of common shares of the Company as would result in aggregate gross proceeds to the Company of up to US$50.0 million.

Peter J. Hawley, President and CEO of Defiance, stated “We are pleased to complete the merger with ValOro and look forward with a shared common vision to unlock further exploration potential at the San Acacio silver project and Tepal gold project. I thank the shareholders of both Defiance and ValOro for their support of this transaction.”