Month: August 2019

Tamino Minerals Inc. presents Acquisitions Update

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TINO-PR-August-30-2019-Acquisitions-Strategy

Montreal, Canada – Tamino Minerals, Inc. (“Tamino” or the “Company”) (OTC Markets: TINO) August 30, 2019, Mr. Pedro Villagran-Garcia, President & CEO, announces that Tamino continues to be hard at work, globally. We have had a fast start to 2019 with excellent results in the first, second and third quarters through our initiatives of sourcing new acquisitions, and financing to become current on OTC Markets. Our Company  does envision that we require to create awareness, since Precious Metals Exploration Companies are increasing in Market Capitalization collectively, good opportunities appear more often. We are currently contemplating acquiring several projects that logistically create an advantage, some of them more advanced then others but with high grade gold drilling results. As we mentioned previously, we are only interested in a top quality, progressive operation, generating a positive impact for shareholders as well as in the local communities in which we will operate.

ALAMOS GOLD DECLARES QUARTERLY DIVIDEND

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20190829-Alamos-Gold-Declares-Quarterly-Dividend-FINAL

TORONTO, Aug. 29, 2019 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.01 per common share. This represents the Company’s 10th consecutive year of paying a dividend during which time the Company has returned $152 million to shareholders through dividends and share buybacks.

New Gold Inc. Closes C$150 Million Bought Deal Financing

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08.30.2019-NGD-Offering-Close-FINAL

TORONTO–(BUSINESS WIRE)– New Gold Inc. (“New Gold” or the “Company”) (TSX and NYSE American: NGD)is pleased to announce that it has closed its previously announced offering (the “Offering”) of common shares of the Company (“Common Shares”) with a syndicate of underwriters. An aggregate of 93,750,000 Common Shares were issued by the Company at a price of C$1.60 per share for aggregate proceeds of C$150 million. New Gold intends to use the proceeds to enhance financial flexibility, strengthen the balance sheet, including debt repayment, and general corporate purposes.

Santacruz Silver Reports Second Quarter 2019 Financial Results

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2019-08-30_NR

Vancouver, B.C. — Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) reports on the operating and financial results from the Veta Grande Project in Zacatecas, Mexico and the Rosario Project in San Luis Potosi, Mexico for the second quarter of 2019. The full version of the financial statements and accompanying management’s discussion and analysis can be viewed on the Company’s website at www.santacruzsilver.com or on SEDAR at www.sedar.com. All amounts are in thousands of US dollars unless otherwise indicated.

Minera Alamos Inc. Announces Closing of Guadelupe Option Assignment and Acquisition of Common Shares of Prime Mining Corp.

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MineraAlamos_2019-08-30_nr

Minera Alamos Inc. (the “Corporation”) announces that it has acquired 9,450,000 common shares in the capital of Prime Mining Corp. (“Prime”) at a deemed price of $0.30 per common share as consideration for the assignment of an option agreement to which the Corporation is a party (the “Transaction”) see news releases dated April 24th 2019 and June 26th 2019.

First Mexican Gold Corp. Announces Consolidation and Private Placement of Common Shares

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first mexican gold announces consolidation and private placement of common shares

Toronto, Ontario, August 27, 2019 – First Mexican Gold Corp (the “Company”) (TSX Venture: FMG) announces that it intends to consolidate its common shares (“Common Shares”) on a ten (10) for one (1) basis (the “Consolidation”). The Consolidation will reduce the number of outstanding Common Shares from 81,844,360 to approximately 8,184,436. No fractional Common Shares will be issued pursuant to the Consolidation and any fractional Common Shares that would otherwise be issued shall be rounded down to the nearest whole number. The change in the number of issued and outstanding Common Shares that will result from the Consolidation will not materially affect any shareholders percentage ownership in the Company, although such ownership will be represented by a smaller number of Common Shares.

Santacruz Silver Updates Panuco Deposit, Veta Grande Project Resource Estimate to 19.5 Million AgEq Ounces Inferred

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Aug-29-19-NI-41-101-Report-V4-(Aug-28-19)-Final

Vancouver, B.C. — Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) reports that it is today filing on http://www.SEDAR.com a technical report titled “Technical Report, Veta Grande Project, Zacatecas State, Mexico” dated effective August 20, 2019 (the “Technical Report”) containing an updated mineral resource estimate, under National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). The Technical Report supersedes all previous technical reports prepared for the Company relating to the Veta Grande Project.

Sable Resources Ltd. Announces Strategic Investment with Osisko Gold Royalties

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Sable Resources Ltd. Announces Strategic Investment with Osisko Gold Royalties

TORONTO, Aug. 29, 2019 /CNW/ – Sable Resources Ltd. (the “Company” or “Sable”) (TSX Venture: SAE) announces that it has entered into an Investment Agreement along with an Equity Subscription Agreement with Osisko Gold Royalties Ltd (“Osisko”, OR-T) for total potential proceeds of $12.58 million (the “Financing”).  Sable believes that the Financing will provide the Company with the funding to progress its exploration objectives over its entire portfolio for the next 4 years.