Tag: Investor’s Corner

Greg Crowe, President and CEO of Silver One Resources commented, “Since the Company started trading in Q3 2016, Silver One has continued to grow its mineral assets to include its flagship project, the past-producing silver mine at Candelaria and a highly prospective silver-gold exploration opportunity at Cherokee, both in Nevada.This is in addition to three silver projects located in Mexico acquired from First Mining Gold in 2016.The company has worked diligently to build a strong asset base despite a difficult time for the commodities sector and is now in a position to focus on organically growing these exceptional properties.The completion of the above announced private placement will allow the Company to conduct a limited drill program on its Peñasco Quemado project in Sonora State, Mexico which has geological similarities to the South32 Hermosa-Taylor project in Arizona.South32 recently acquired Arizona Mining for US$1.3 billion.”

“Dallas brings over twenty years of experience in accounting, finance, capital and public markets to Prize and we are pleased to have him join our Board of Directors” stated Michael McPhie, President & CEO of Prize Mining. “We would like to thank Feisal, Robert ad David for their work with the company and wish them well in their future endeavors.”

Silver Spruce Resources Inc. announces that further to its news release dated November 26, 2018, to complete a non brokered private placement of up to 60,000,000 units at a price of $0.025 and one common share purchase warrant at $0.05 the TSX Venture Exchange has granted an extension to the deadline to complete the previously announced private placement to on or before January 23, 2019.

Brad Marwood, Chief Executive Officer of the Company commented “We are very happy to have secured the increase in ownership of the Plomosas Mine as we see a bright future for the mine that will deliver increased shareholder value. Over the next 9 months the team will be pursuing avenues to increase production and decrease costs while revenues from zinc sales will allow the Company to resume resource definition drilling to increase the resource base and confidence.”

Ethos Gold Corp. announces that it has completed a non-brokered private placement of 7,000,000 Flow-Through Units of the Company at a price of C$0.28 per FT Unit for gross proceeds of C$1,960,000.

CAMROVA RESOURCES INC. announced today it has entered into an option agreement with Armex Mining Corp., a private mining company located in Vancouver, British Columbia granting it the right, effective as of December 24, 2018 to earn up to a 50% interest in and to certain mineral claims adjacent to and forming part of Armex’s Goldstream Mine Project located approximately 100 kilometers north of Revelstoke, British Columbia.

Jason Weber, P.Geo., President and CEO of Alianza noted that “The financing was done quickly with very good demand from existing and new shareholders. Exploration plans will be finalized in the first quarter and we look forward to an active 2019 for Alianza Minerals.”

MEXICAN GOLD CORP. is pleased to provide an update on the second tranche of the previously announced non-brokered private placement of units in the Company at $0.20 per Unit for gross proceeds of up to $3,000,000, subject to the Company’s option to increase the size of the private placement by 25%.

Mr. Brad Langille, CEO stated, “The Company is in a very strong financial position and is actively looking at opportunities to add quality undervalued assets. I am very pleased with the pace at which production is increasing as Parral gets back up to normal production levels. We expect production for the current quarter to be between 325,000 and 355,000 silver equivalent ounces.”