Tag: Investor’s Corner

The Company intends to use the net proceeds of the Offering for continued drilling, geological, engineering and metallurgical investigations and associated consulting services on its Manto Negro Copper Project located in Coahuila State, Mexico.

Dan O’Flaherty, President and CEO of Maverix, commented, “We are pleased to have completed another transformational transaction that meaningfully increases our scale and cash flow, further diversifies our portfolio geographically and significantly increases our attributable gold equivalent resources. While a limited number of the royalties were repurchased for cash at full value, we expect the resulting increase in our financial capacity will enhance and accelerate our ability to continue to grow our precious metals royalty and streaming portfolio.”

Golden Reign Resources Ltd. (TSX-V: GRR), Marlin Gold Mining Ltd. (TSX-V: MLN) and Sailfish Royalty Corp. (TSX-V: FISH) are pleased to announce that they have entered into an agreement to further extend the termination date of the previously announced non-binding letter of intent regarding the business combination of Golden Reign’s wholly-owned San Albino-Murra Property in Nueva Segovia, Nicaragua and Marlin’s La Trinidad Mine in Sinaloa, Mexico.

Martin Rosser, Chief Executive Officer, said: “We are delighted with the grant of our patent in Chile for a Method for Ammoniacal Leaching. Chile is the world’s largest producer of copper and a leader in copper heap leaching. We believe that there are significant opportunities in the country where AmmLeach® has major benefits compared to conventional acid leaching methods.”

Professor John M. Guilbert, Dr. Leo J. Miller, Robert E. (Bob) Murray, and Douglas (Doug) B. Silver will join 240 other mining industry luminaries when formally inducted into the National Mining Hall of Fame on September 29th, 2018. Additionally, the Prazen Living Legend of Mining Award will be presented to the Freeport-McMoRan Foundation. The 31st Annual Induction Banquet and Ceremony will be held at the Ritz-Carlton in Denver, CO.

Mexus Gold US (OTCQB:MXSG) announced that the joint venture with MarMar Holdings has been officially terminated. Mexus attorney, David Armendariz, states that the contract signed in June, 2016 was voided due to Marmar Holding SA de CV’s lack of compliance with certain clauses in the agreement. Mexus Gold Mining SA de CV complied with all requirements established in the joint venture agreement which furthered the basis for the contract to be voided. The termination of this agreement has been certified by both Sonora and Coahuila´s attesting officials. Mexus now has numerous options at the Santa Elena mine which could include a new joint venture.

One World Lithium Inc. (CSE:OWLI) today announces that the previous non-brokered private placement it announced on May 25, 2018 will be replaced with a non-brokered private placement of up to 13,333,334 units at a price of $0.15 per Unit for gross proceeds of up to $2,000,000. All funds are stated in Canadian dollars.

The Company intends to use the net proceeds of the Offering for continued drilling, geological, engineering and metallurgical investigations and associated consulting services on its Manto Negro Copper Project located in Coahuila State, Mexico.

All of the matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular were approved by the requisite majority of votes cast at the AGM.

La empresa de Carlos Slim dijo en un comunicado a la Bolsa Mexicana de Valores que participará en partes iguales en el proyecto en la zona del valle de Mazapil, en el estado central de Zacatecas.