December 18, 2019 – Vancouver, BC – First Mining Gold Corp. (“First Mining” or the “Company”) (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to announce that it has closed its previously announced non-brokered flow-through equity financing, raising aggregate gross proceeds of approximately $2.0 million (the “Offering”).
Month: December 2019
Discovery Announces Appointment of Forbes Gemmell as VP Corporate Development and Investor Relations
December 18, 2019 – Discovery Metals Corp. (TSX-V: DSV, OTCQX: DSVMF) (“Discovery” or the “Company”) is pleased to announce the appointment of Mr. Forbes Gemmell as Vice President of Corporate Development and Investor Relations, effective January 6, 2020.
ORLA.- CAMINO ROJO OXIDE GOLD PROJECT ADVANCES TOWARDS PRODUCTION
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VANCOUVER, BC – December 18, 2019 – Orla Mining Ltd. (TSX: OLA) (“Orla” or the “Company”) is pleased to announce that the Company has entered into a loan agreement with Trinity Capital Partners Corporation (“Trinity Capital”) and certain other lenders with respect to its previously announced US$125 million project finance facility (“Credit Facility”) for the development of the Camino Rojo Oxide Gold Project (“Camino Rojo”) located in Zacatecas, Mexico. The Credit Facility was arranged by Trinity Capital and includes a syndicate of lenders led by Agnico Eagle Mines Limited, Pierre Lassonde and Trinity Capital, creating key alignment between debt and equity holders who will support the Company’s development going forward.
PRIZE MINING ANNOUNCES THE RESIGNATION OF MICHAEL McPHIE AS CEO, PRESIDENT AND DIRECTOR AND APPOINTMENT OF GARY CLAYTENS AS INTERIM CEO, PRESIDENT AND DIRECTOR
Vancouver, British Columbia (September 18, 2019) – PRIZE MINING CORPORATION (“Prize” or the “Company”) (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) announces the resignation of Michael McPhie as CEO, President and a Director of Prize. Gary Claytens has been appointed as CEO, President and Director on an interim basis.
El Comité de damas de AIMMGM y OutletMinero prumueven Educación Ambiental en Zacatecas
El equipo de OutletMinero considera que la Educación Ambiental es una de las mejores medidas para el deterioro del planeta, ya que si se logra crear consciencia en los niños, cuando lleguen a la adultez reconocerán y aceptarán la importancia de mantener el entorno. En este contexto, el equipo de OutletMinero organizó un concurso de árboles de Navidad hechos con material de reciclaje y de reúso.
Fuente: OutletMinero
Mako Mining Enters Into Letter of Intent to Sell Mexican Operations
Mako Mining Corp. (TSX-V: MKO) (“Mako” or the “Company) is pleased to announce that it has entered into a non-binding Letter of Intent (the “LOI”) with Goldplay Exploration Ltd. (“Goldplay”) pursuant to which it is proposed that Goldplay shall have the right to acquire 100% of the common shares of Mako’s wholly-owned subsidiary, Marlin Gold Mining Ltd. (“Marlin”), from Mako. Marlin is a private British Columbia company that owns, amongst other non-material assets, Oro Gold de Mexico, S.A. de C.V. (“Oro Gold”), a Mexican company that owns the La Trinidad mine facilities (“La Trinidad”), which are currently being decommissioned. Oro Gold also controls 100% of nine concessions totaling 104,094.5 hectares located adjacent to Goldplay’s existing portfolio in the historic Rosario gold-silver mining district in Sinaloa, Mexico. The final transaction structure will be determined by the parties subject to receipt of all necessary legal, financial and tax advice.
ALAMOS GOLD ANNOUNCES RENEWAL OF NORMAL COURSE ISSUER BID
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TORONTO, Dec. 18, 2019 (GLOBE NEWSWIRE) — Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today announced that it has filed with and received acceptance from the Toronto Stock Exchange (“TSX”), for a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 28,734,677 Class A Common Shares (“Common Shares”), representing 10% of the Company’s public float of the Common Shares as of December 11, 2019, being 287,346,778 Common Shares. As at December 11, 2019, there were 391,070,817 Common Shares issued and outstanding.
Argonaut Gold Announces Positive Pre-Feasibility Study for its Cerro del Gallo Project; Increases Company’s Mineral Reserves by 48%
TORONTO, Dec. 18, 2019 /CNW/ – Argonaut Gold Inc.(TSX: AR) (the “Company”, “Argonaut Gold” or “Argonaut”) is pleased to announce the results of a pre-feasibility study (“PFS”) for its 100% owned Cerro del Gallo project (“CDG” or the “Project”) located 30 kilometres east of Guanajuato City, Guanajuato, Mexico. The National Instrument 43-101 Technical Report will be filed and available within 45 days on www.sedar.com and the Company’s website at www.argonautgold.com. All dollar amounts are expressed in United States dollars, unless otherwise specified.
PREMIER PROVIDES YEAR-END OPERATIONS UPDATE
Thunder Bay, December 18, 2019 – PREMIER GOLD MINES LIMITED (“Premier”, “the Company”) (TSX:PG) (OTCPK: PIRGF) is pleased to provide an operations update for the Company’s 100%-owned Mercedes Mine, located in the State of Sonora, Mexico and an exploration and operations update at the 40%-owned South Arturo Property located in the Carlin Trend of Nevada.
SilverCrest Closes C$92 Million Bought Deal Financing Including C$12 Million Over-Allotment Option Exercised in Full
VANCOUVER, BC – December 18, 2019 – SilverCrest Metals Inc. (“SilverCrest” or the “Company”) is pleased to announce the completion of its prospectus offering announced on December 3, 2019 whereby the Company issued a total of 12,650,000 common shares at a price of C$7.28 per common share for gross proceeds of C$92,092,000, including exercise of the over‑allotment option in full (the “Offering”). The Offering was led by National Bank Financial Inc., Desjardins Capital Markets and Scotiabank on behalf of a syndicate of underwriters that included Eight Capital, Canaccord Genuity Corp., PI Financial Corp., RBC Dominion Securities Inc., Cormark Securities Inc., BMO Capital Markets, Beacon Securities Limited and Roth Capital Partners, LLC. The Company plans to use the net proceeds of the Offering for continued exploration and development of the Company’s Las Chispas Project and for general working capital and administrative purposes.