Tag: Investor’s Corner

Coeur Mining, Inc. today announced third quarter 2018 production of 2.9 million ounces of silver, 88,833 ounces of gold, 2.2 million pounds of zinc and 1.2 million pounds of lead, or 8.5 million silver equivalent ounces (10.4 million ounces based on average spot prices during the third quarter) . Metal sales for the quarter were 3.0 million ounces of silver, 89,609 ounces of gold, 1.8 million pounds of zinc and 1.6 million pounds of lead, or 8.5 million silver equivalent1 ounces (10.4 million ounces based on average spot prices during the third quarter).

Goldgroup Mining Inc. is pleased to announce that the Company closed an agreement with Accendo Banco S.A., Multiple Banking Institution for a USD $1.8 million secured medium term loan facility.

Westminster Resources Ltd. is pleased to announce that Ms. Chafika Eddine, MA, LLB has been appointed to the Board of Directors of the Company.

Mr. Robert Polce, CEO stated: “We are aware that this solvent is environmentally friendly, and we intend to further test it for its value as a replacement for certain other chemicals which are now used in the Natural Gas/Oil Fracking industry.”

Camrova Resources Inc. wishes to announce that pursuant to debt settlement agreements previously announced on August 16, 2018, it has received final approval from the TSX Venture Exchange and has issued 1,954,440 common shares at a deemed per share price of $0.075 to fully settle an aggregate Cdn $146,583 of indebtedness owing to certain arm’s length and non-arm’s length creditors. The settlement shares are subject to a statutory hold period of four months plus a day in accordance with applicable securities law legislation.

Candente Gold Corp. is pleased to announce the appointment of Mr. Mark Lotz to the position of Chief Financial Officer.

Southern Silver Exploration Corp. reported that the following directors were re-elected at its annual general meeting held on September 27, 2018: Lawrence Page, Q.C., D. Roger Scammell, Eugene Spiering, Nigel Bunting, Larry Buchanan, Peter Cheesbrough and Donald Head. In addition, the shareholders re-appointed Smythe LLP, Chartered Accountants, as auditor of Southern Silver and approved Southern Silver’s rolling incentive stock option plan pursuant to which a maximum of 10% of the issued shares will be reserved for issuance under the plan. The plan is subject to TSX Venture Exchange acceptance.

Sr. Jose Antonio Berlanga, Telson’s Chief Executive Officer stated: “This private placement is priced at a significant premium to the Company’s current market trading price and has been taken up by Management, Officers, Directors and insiders of the Company. It is reflective of the confidence we have in Telson’s assets and future growth potential, both in the short-term and long term, as well as displays our strong commitment to all our shareholders and investors. Despite the current weak metals market, Telson continues to increase production at Campo Morado, and at the same time steadily advances the construction of our Tahuehueto Mine with underground development, site preparation/construction as well as infrastructure development.

The Company intends to use the net proceeds from the offering primarily for advancing the development of the Avino mine and its operations and production, and to a lesser extent for the exploration and development of the Bralorne Mine Property, and for general working capital.