TORONTO, Feb. 19, 2019 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) is pleased to announce that the Company’s Board of Directors has authorized an increase to its dividend to US$0.01 per common share quarterly, from US$0.01 semi-annually. This is expected to double the amount of dividends distributed to shareholders from the $7.8 million paid in 2018.
Mako Mining Corp. (TSX-V: MKO) (the “Company” or “Mako Mining”) is providing an update of its operations at La Trinidad in Mexico.
TORONTO, Feb. 19, 2019 /CNW/ – Argonaut Gold Inc. (TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) announces its financial and operating results for the fourth quarter and year ended December 31, 2018. The Company reports quarterly and full year net loss of $17.5 million and $7.6 million or loss per share of $0.10 and $0.04, respectively, adjusted net income1 of $2.5 million and $16.4 million and adjusted earnings per share1 of $0.01 and $0.09, respectively, derived from the sale of 42,328 and 155,480 gold equivalent ounces2 (“GEO” or “GEOs”), respectively, which generated cash flow from operations before working capital changes of $9.2 million and $58.1 million, respectively. During 2018, the Company achieved record quarterly and annual production of 51,658 and 165,117 GEOs, respectively. All dollar amounts are expressed in United States dollars unless otherwise specified.
Island Gold Continues to Demonstrate Significant Growth with a 14% Increase in Mineral Reserves and 73% Increase in Inferred Mineral Resources
TORONTO, Feb. 19, 2019 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its updated Mineral Reserves and Resources as of December 31, 2018. For a detailed summary of Mineral Reserves and Resources by project, refer to the tables below.
MEXICAN GOLD CORP. (TSX-V: MEX; OTCQB:MEXGF; FRA:4QW1) (“Mexican
Gold”, “MEX” or “the Company”) announces that it has made an application to the TSX Venture Exchange to extend the expiry date of outstanding warrants exercisable to purchase an aggregate of 8,423,068 common shares of Mexican Gold. The warrants were originally issued in connection with a non-brokered private placement (the “Private Placement”) of 12,333,333 units (the “Units”), with each Unit being comprised of one common share of the Company and one transferable common share purchase warrant. The Private Placement was first announced on February 13, 2017.
Vancouver, Canada – February 19, 2019 – Aztec Minerals Corp. (AZT: TSX-V, OTCQB: AZZTF) reports the appointments of Mr. Marc Prefontaine and Dr. David Jones to the company’s newly formed Business and Technical Advisory Committee. As advisors, David and Marc bring their extensive exploration and business experience and contacts to complement management’s expertise on the path to discovery.
Minera Alamos Inc. (“Minera Alamos” or the “Company”) (TSX V:MAI) is pleased to report a further gold sale from residual leaching of its 50,000 t bulk leach test at the Santana gold project in Sonora, Mexico.
VANCOUVER, Feb. 19, 2019 /CNW/ – PRIZE MINING CORPORATION (“Prize” or the “Company”) (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) wishes to provide an update on the results and success of the company’s Phase 1 diamond drilling program at the Manto Negro Copper Project in Coahuila State, Mexico. The Company is also pleased to provide a corporate and regulatory update relating to a number of important matters including the removal (i) by the British Columbia Securities Commission (BCSC) on February 7, 2019 of its cease trade order following the
filing by Prize of its annual audited financial statements, the annual management’s discussion and analysis and the certification of annual filings for the year ended August 31, 2018 and (ii) by the Alberta Securities Commission (ASC) as of 6:00 PM Mountain Time on February 15, 2019 of its cease trade order pertaining to restrictions relating to the trading in or purchasing of securities of Prize.
VANCOUVER, British Columbia, Feb. 19, 2019 — Riverside Resources Inc. (“Riverside” or the “Company”) (TSX-V: RRI) (OTCQB: RVSDF) (FSE: R99), is pleased to announce that partner Sinaloa Resources Inc. has entered into a Definitive Agreement (the “Agreement”) signed on January 30, 2019 that begins with an Initial Option to acquire a 70% interest in the La Silla Project (the “Project”). Sinaloa Resources has issued Riverside 1,000,000 common shares and now paid $60,000 total in cash. Riverside and Sinaloa Resources expect the commencement of a first phase $300,000 exploration program in the coming months, as per the Agreement (see Table 1 below).
VANCOUVER, B.C., February 19, 2019 – One World Lithium Inc. (CSE-OWLI) (“OWL”) (the “Company”) has signed a contract with Layne de Mexico to drill 4,200 meters, (14,000 feet) on its Salar del Diablo Property located in the State of Baja California Norte, Republic of Mexico.