Vancouver, B.C., Galore Resources Inc. (TSX-V: GRI) is pleased to announce that it intends to commence a non-brokered private placement to raise gross proceeds of up to USD $1,500,000.00 (the “Offering”). The private placement will consist of up to 40,200,000 units, using the conversion rate of ($1 USD = $1.34 CAD) at a price of CAD $0.05 per unit (the “Units”), with each Unit consisting of one common share and one share purchase warrant (a “Warrant”). Each warrant will be exercisable into one additional common share at a price of CAD $0.10 per share for a period of two years from the date of closing of the financing. At the discretion of the Company, Warrants will be subject to an accelerated expiry, such that if the closing price equals or exceeds $0.15 per share for 10 consecutive trading days, then the Company will provide notice to the warrant holders that the exercise period of the Warrants shall be reduced to 30 days, with the reduced period commencing seven calendar days following the tenth consecutive trading day.
June 24, 2019, Vancouver, BC – Alio Gold Inc (TSX, NYSE AMERICAN: ALO) (“Alio Gold” or the “Company”) today announced that Institutional Shareholder Services (“ISS”) and Glass Lewis & Co. (“Glass Lewis”) have both recommended that shareholders vote FOR all proposed items to be considered at the upcoming Annual
General & Special Meeting of Shareholders of Alio Gold being held on June 27, 2019 at 2:00pm Pacific Time at the offices of Blake, Cassels & Graydon LLP, 595 Burrard Street, Suite 2600, Vancouver, British Columbia, V7X 1L3.
CABORCA, Mexico, June 24th, 2019 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) announced that all the necessary preparation to begin cyanide leaching at the Santa Elena mine is now complete. Mexus head metallurgist, Roberto Baltierrez, completed lab testing of the recently prepared heap leach pad and has formulated a gold/silver recovery plan. The initial material being leached is existing shear zone lower grade material averaging 1.8 g/t gold and 8 g/t silver. This material was mined while the Julio vein was being drilled and prepped for blasting. (Julio vein ore material is averaging 4 g/t gold and 12 g/t silver.)
Vancouver, B.C. – June 24, 2019: San Marco Resources Inc. (SMN: TSX-V) (“San Marco” or “the Company”) announces the results of its annual general meeting held on June 20, 2019. Tookie Angus, Brian Lock, Andy Carstensen, Craig Prenter and Robert Willis were re-elected as directors of the Company for the next year. Bill Myckatyn, did not stand for re-election. San Marco’s board thanks Bill for his years of significant contributions to San Marco and wishes him well in his retirement.
Vancouver, British Columbia–(Newsfile Corp. – June 21, 2019) – Santacruz Silver Mining Ltd. (TSXV: SCZ) (“Santacruz”) reports that it has reached an agreement to amend the repayment terms of the US$ 2.3 million short-term loan (the “Loan”) that it has borrowed from a private Bolivian mining company (the “Lender”), as previously announced in the Company’s press releases dated March 7, 2018 and August 29, 2018. Pursuant to the amended terms, the principal balance of US$2.3 million is now to be repaid by January 30, 2020 (previously extended to October 1, 2018).
Vancouver, June 21, 2019: Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) hereby announces the voting results at the Company’s annual general meeting held on June 20, 2019.
Vancouver, BC – Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF) (“Goldplay” or the “Company”), announces that further to its news release of June 17, 2019, it has received interest above the previously announced private placement of up to 8,800,000 common shares at a price of $0.125 per share for gross proceeds of up to $1,100,000, and accordingly intends to increase the amount to be raised under
its non-brokered private placement offering to $1,376,250, subject to TSXV approval. All other terms of the offering remain as set out in the Company’s June 17, 2019 news release.
Minaurum Gold Inc., (“Minaurum”) is pleased to announce that Mr. David Medilek, P.Eng., CFA, has been appointed to the Board of Directors.
Azure Minerals Limited (“Azure” or the “Company”) (ASX: AZS) is pleased to provide an update of the mining and processing operation planned for its 100%-owned Oposura zinc-lead-silver project, located in Sonora, Mexico.
IMPACT Silver Corp. (“IMPACT” or the “Company”) is pleased to announce that it will conduct a non-brokered private placement (the “Private Placement”) of up to 3,846,154 units (the “Units”) of the Company at the price of $0.26 per Unit.