Month: June 2016

Gold Resource Corporation Reduces Ownership in Canamex Resources Corp.

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http://www.marketwired.com/press-release/gold-resource-corporation-reduces-ownership-in-canamex-resources-corp-nyse-mkt-goro-2139231.htm

COLORADO SPRINGS, CO–(Marketwired – Jun 30, 2016) – Gold Resource Corporation (NYSE MKT: GORO) (the “Company”) announced today as required by Canadian securities regulations that it has disposed of certain common shares it previously indirectly held of Canamex Resources Corp. (“Canamex”) (TSX VENTURE: CSQ). The Company initially reported the acquisition of 22,222,222 common shares in the capital of Canamex in February 2014 which, at the time, represented approximately 18.4% of the issued and outstanding common shares of Canamex. Since the initial report, the Company has periodically reviewed its holding and, based on its stated investment objectives, has periodically sold common shares of Canamex.

On June 28, 2016, the Company sold an aggregate of 400,000 common shares at a price of $0.0427 per common share for total consideration of $17,080. As a result of these sales, together with all previous sales by the Company of common shares of Canamex, the Company now holds 13,262,222 common shares of Canamex being approximately 9.96% of the issued and outstanding common shares of Canamex.

Arian Silver Corporation – Notice of AGM

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Click to access 160628-annual-report-2015.pdf

Arian Silver Corporation (the “Company”) announces that its Annual General Meeting is to be held on 1 August 2016 at 11:30am (UK time) at The Chesterfield Mayfair Hotel, 35 Charles Street, London W1J 5EB, United Kingdom.

The Company’s Annual Report for the Year Ended 31 December 2015 and Notice of Annual General are expected to be mailed to shareholders on 8 July 2016, and are available on the Company’s website as follows:

Annual Report for the Year Ended 31 December 2015: www.ariansilver.com/assets/docs/fs/160628-annual-report-2015.pdf

Mundoro Reports on Annual General Meeting Results and Options Granted

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http://www.juniorminingnetwork.com/junior-miner-news/press-releases/535-tsx-venture/mun/21724-mundoro-reports-on-annual-general-meeting-results-and-options-granted.html

VANCOUVER, BRITISH COLUMBIA–(Marketwired – June 30, 2016) – Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) (“Mundoro” or the “Company”), is pleased to announce that 16,290,261 common shares representing 37% of the total number of shares issued and outstanding were voted at its Annual General Meeting held on June 28, 2016 (the “Meeting”).

Silver Bull Announces Closing of Third Tranche of Private Placement for Cumulative Gross Proceeds of CDN$1,477,100

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http://www.juniorminingnetwork.com/junior-miner-news/press-releases/964-tsx/svb/21737-silver-bull-announces-closing-of-third-tranche-of-private-placement-for-cumulative-gross-proceeds-of-cdn-1-477-100.html

Silver Bull Resources, Inc. (TSX:SVB)(OTCQB:SVBL) (“Silver Bull” or the “Company“) is pleased to announce that it has completed the third and final tranche of the non-brokered private placement (the “Private Placement“) of units (the “Units“) of the Company announced on May 12, 2016. Under the third tranche of the Private Placement, Silver Bull issued 3,670,000 Units at a price of CDN$0.13 per Unit for aggregate gross proceeds of CDN$477,100. Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant (a “Warrant“). Each Warrant entitles the holder thereof to acquire one common share at a price of CDN$0.16 until the date that is 12 months following closing of the Private Placement. If the closing price of the common shares of the Company on the OTCQB Venture Marketplace is US$0.18 or higher for five consecutive trading days, then the Warrant will expire 30 trading days from such fifth consecutive day.

Alamos Gold Provides Notice of Second Quarter 2016 Results and Conference Call

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http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1192-tsx/agi/21746-alamos-gold-provides-notice-of-second-quarter-2016-results-and-conference-call.html

TORONTO, ONTARIO–(Marketwired – June 30, 2016) – Alamos Gold Inc. (TSX:AGI)(NYSE:AGI) (“Alamos” or the “Company”) plans to release its second quarter 2016 financial results before the start of trading on Wednesday, August 10, 2016. Senior management will host a conference call at 10:00 am ET on that day to discuss the results.

Participants may join the conference call by dialling (416) 340-2218 or (866) 225-0198 for calls within Canada and the United States, or via webcast at www.alamosgold.com.

 

Torex Announces Effective Date of Share Consolidation

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http://www.juniorminingnetwork.com/junior-miner-news/press-releases/1242-tsx/txg/21723-torex-announces-effective-date-of-share-consolidation.html

TORONTO, ONTARIO–(Marketwired – June 30, 2016) – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX:TXG) announced today that the previously announced consolidation (the “Consolidation”) of the Company’s issued and outstanding common shares (“Common Shares”) on the basis of one post-consolidation Common Share for every ten pre-consolidation Common Shares is effective June 30, 2016. The Common Shares are expected to begin trading on a consolidated basis on the Toronto Stock Exchange (the “TSX”) when markets open on July 5, 2016.

The Consolidation was approved by the TSX and a related bulletin will be issued by the TSX on June 30, 2016.

 

Alix Identifies Lithium-Bearing, Clay-Rich Sedimentary Assemblage Over a 1.1 Km Distance At the Electra Project, Mexico

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http://www.fscwire.com/newsrelease/alix-identifies-lithium-bearing-clay-rich-sedimenatry-assemblage-over-11-km-distance

Vancouver, British Columbia (FSCwire) – ALIX RESOURCES CORP. (“Alix” or the “Company”) (AIX-TSX:V) (37N–FRANKFURT) is pleased to announce the assay results of the recent round of sampling at the Electra Project in Sonora, Mexico, where values as high as 246.0 parts per million (ppm) lithium (Li) confirmed a target sedimentary assemblage  with the potential of hosting economic lithium-bearing, clay-rich horizons. The Electra lithium project is contiguous to Baconora/REM’s Buenavista Lithium project.

 

Mike England, president of Alix, stated: “These recent anomalous and enriched lithium values from clay-rich sedimentary sequences on our Tecolote concession are encouraging and bear similarities to Bacanora/REM’s early stage findings at Buenavista. Once we receive the results from the next round of sampling we will likely proceed with a drilling program designed to further explore the lithium potential of this property. We are obviously in the right location and the mineralization to date found on the property is very promising to our exploration team. Our drill campaign will likely include a series of shallow drill holes in key geological targets such as the sedimentary assemblage and also in some alluvium-covered areas. The objective is to discover lithium-rich clay layers similar to that of the Bacanora/REM Buenavista deposit.”

Colibri Announces Closing of Non-Brokered Private Placement

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Click to access article_06302016140516.pdf

Colibri Resource Corp. has closed its previously announced non-brokered private placement of one million units for total proceeds of up to $100,000 at 10 cents per unit. Each unit comprises one common share of the company and one-half of one whole warrant to purchase an additional share at a price of 15 cents per share if exercised within the two years.

The proceeds from the private placement will be used for general working capital, payment of service provider and regulator fees, as well as costs relating to maintain Colibri’s operations. No part of the proceeds will be used to pay management fees or to pay related parties of the company.

Almaden Announces Results of Annual General Meeting

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http://www.juniorminingnetwork.com/junior-miner-news/press-releases/825-tsx/amm/21718-almaden-announces-results-of-annual-general-meeting.html

VANCOUVER, BC–(Marketwired – June 29, 2016) – Almaden Minerals Ltd. (“Almaden” or the “Company”) (TSX: AMM) (NYSE MKT: AAU) is pleased to provide the results of its Annual General Meeting held on June 29, 2016.

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.

 

Querétaro es lugar 20 en producción minera

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http://eleconomista.com.mx/estados/queretaro/2016/06/27/queretaro-lugar-20-produccion-minera

Querétaro ocupa el lugar 20 en producción minera, pues se desarrollan seis proyectos de la industria minero-metalúrgica con capital extranjero, de los 927 proyectos que se llevan a cabo en el país, informó la Secretaría de Economía federal, y precisó que son 267 las empresas con capital foráneo operando en el sector.

El mayor número de proyectos se ubica en Sonora, con 221; en Chihuahua, con 125, y en Durango, con 100. Del total de proyectos, 67.9% (630) está en etapa de exploración; 11% (102), en etapa de producción; 4.4% (41), en etapa de desarrollo, y 154 proyectos en postergación para su próxima reactivación.