Vancouver, March 15, 2018: Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) today reported 2017 full year net income of $66.3 million, adjusted net income of $48.6 million, and adjusted EBITDA of $122.0 million. Jorge A. Ganoza, President and CEO, commented, “Our results in the fourth quarter of 2017 reflect record sales and EBITDA that have contributed to our strongest year to date in financial performance.”
DIEPPE, NB, March 16, 2018 /CNW/ – (CBI:TSX-V) – ColibriResource Corporation (“Colibri”or the”Company”) is very pleased to announcethat it has closed an over-subscribed second tranche on its previously announced financing (seethe Company’s news releases of March 2 and March 9, 2018). The Company has issued an additional 1,350,000 unitsat $0.10 per unit for gross proceeds of $135,000. Total gross
proceeds raised between thefirstand second tranches is $1,212,098.
Vancouver, B.C., March 15, 2018 — Geologix Explorations Inc. (TSX: GIX) (“Geologix” or the “Company”) is pleased to present a summary of results from its 2017 exploration program and provide a 2018 outlook for its 100% owned Tepal Gold/Copper Project (“Tepal”) located in Michoacán state, Mexico. Geologix’s management team and board of directors are committed to increasing shareholder value via focused exploration that the Company believes will improve Tepal’s existing resource base and lead to additional discoveries, with the goal of enhancing the Preliminary Economic Assessment (“PEA”) (see press release dated January 19, 2017) prior to advancing the project to the pre-feasibility and/or feasibility stage.
Vancouver B.C. — March 14, 2018: Evrim Resources Corp. (TSX.V:EVM) (“Evrim” or the “Company”) is pleased to announce an update on the warrant exercises and would like to remind holders (the “Warrant Holders”) of the Company’s common share purchase warrants (the “Warrants”) dated December 16, 2015, that they have until 5:00 pm Pacific Time on March 19, 2018 to exercise their outstanding Warrants at a price of $0.25. Warrants not exercised prior to March 19, 2018 will expire.
Vancouver, British Columbia- (Newsfile Corp. – March 14, 2018) – Prospero Silver Corp (TSXV: PSL) (the “Company” or “Prospero”) is pleased to announce that a limited 3-hole drill program at the Pachuca SE project close to the historic mining city
of Pachua in Hidalgo State, Mexico, has discovered a new gold and silver-bearing epithermal vein system. Drilling of the Pachuca targets completes the third of three initial projects funded by Fortuna Silver in early stage “proof of concept” programs.
Under the terms of a strategic investment from Fortuna Silver Mines Inc (NYSE: FSM, TSX: FVI) made in May 2017, phase one funding of $1,500,000 was applied of which 80% was to be allocated to drilling and 20% to new project generation. Prospero
was the operator of all three drill projects. At Pachuca, an 1,800m drill program tested 3 targets with deep, angled holes. Drill collar maps and draft sections for the Pachuca drill holes are available on Prospero’s website at: http://www.prosperosilver.com/s/Pachuca-SE.asp. The results published here are from initial priority assays. Additional samples are being processed for interesting zones in all three holes.
Vancouver, British Columbia–(Newsfile Corp. – March 13, 2018) – Plata Latina MineralsCorporation (TSXV: PLA) (“Plata Latina“ or the “Company”) advises that it has entered into a debt settlement agreement (the “Agreement”) with Mr. Gilmour Clausen, the Chairman and major shareholder of the Company. Pursuant to the Agreement, the Company agreed to issue 6,976,845 common shares to Mr. Clausen, representing approximately 10.35% of the current issued and outstanding common shares of the Company, at a deemed price of $0.045 per share based on the 15-day volume weighted average price. Post to the debt conversion, Mr. Clausen’s holdings of the Company’s common shares will be approximately 27.10%. The debt relates to a promissory note of CAD $250,000 entered on May 5, 2015, bearing interest at 10% per annum.
TORONTO, ON–(Marketwired – March 13, 2018) – Primero Mining Corp. (“Primero” or the “Company”) (TSX: P) and First Majestic Silver Corp. (“First Majestic”) (TSX: FR) (NYSE: AG) are pleased to announce that Primero’s shareholders have voted in favour of the arrangement transaction (the “Transaction”) at a special meeting of shareholders held earlier today. In addition, holders of Primero’s 5.75% convertible unsecured subordinated debentures due February 28, 2020 (the “Primero Debentures”) have, at their meeting today, also voted overwhelmingly in favour of the proposed amendment of the trust indenture to accelerate the maturity date of the debentures to the next Business Day (as defined in the trust indenture) following the effective date of the Transaction.
VANCOUVER, British Columbia, March 13, 2018 (GLOBE NEWSWIRE) — Orla Mining Ltd. (TSX-V:OLA) (the “Company” or “Orla”) is pleased to announce that Mr. Etienne Morin will be joining the executive team at Orla as Chief Financial Officer. Mr. Paul Robertson will step down as Chief Financial Officer, and Mr. Morin will assume the role effective April 30, 2018. Following Mr. Morin’s appointment, Mr. Robertson will remain active with the Company in an advisory role.
Vancouver, British Columbia- (Newsfile Corp. – March 13, 2018) – Southern Silver Exploration Corp. (TSXV: SSV) (“SSV”) is pleased to announce that Fundamental Research Corp. (“FRC”) – a Vancouver, Canada based investment research company,
published an initial equity analyst research report on the Company
MPACT Silver Corp. (“IMPACT” or the “Company”) announces its financial and production results for the year ended December 31, 2017.
Fred Davidson, President and CEO, stated, “Earlier in the year, IMPACT was named to the 2017 TSX Venture 50. We entered 2018 with a clean balance sheet and no debt. Currently working capital remains strong at $5.6 million. IMPACT continues to expand its in-mine exploration and development to provide additional tonnage throughput at the mill. We also have in place ongoing exploration plans for high potential targets and continue to evaluate strategic transactions to grow value for our shareholders.”