VANCOUVER, BC – (June 23, 2017) – Silver Bull Resources, Inc. (TSX: SVB; OTCQB: SVBL) (“Silver Bull” or the “Company“) is pleased to announce its intention to complete a private placement (the “Private Placement“) of up to 21,398,550 units (the “Units“) of the Company at a price of CDN$0.08 per Unit. Each Unit will consist of one common share in the capital of the Company (a “Common Share“) and one Common Share purchase warrant (a “Warrant“). Each Warrant entitles the holder to acquire one Common Share at a price of CDN$0.13 until the second anniversary of closing of the Private Placement.
Vancouver, BC — June 22, 2017 — Geologix Explorations Inc. [TSX-V: GIX] (“Geologix” or “the Company“) is pleased to announce that it has completed its non-brokered private placement announced on May 15, 2017 (the “Financing”). The Financing was 20% oversubscribed and a total of 20,267,692 units were sold at $0.06 per unit (a “Unit”) for gross proceeds of $1,216,061.
Each Unit consisted of one common share and one-half of one non-transferable share purchase warrant. Each whole warrant entitles the purchase of one common share for three years at a price of $0.10. All securities issued and issuable pursuant to the Financing are subject to resale restrictions until October 22, 2017.
Vancouver, B.C. — Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) reports that it has signed an agreement (the “Option Agreement”) with certain private Mexican companies (together “Contracuña”) pursuant to which Contracuña has granted Santacruz an option to purchase a 100% interest in the Veta Grande and Minillas properties, for aggregate cash consideration of US$15,500,000. The Company currently operates the properties on a 60%/40% net profits interest (“NPI”) basis pursuant to an exclusive thirty-year right granted by Contracuña (see news release dated November 2, 2015).
VANCOUVER, June 21, 2017 /CNW/ – GOLDCORP INC. (TSX: G, NYSE: GG) (“Goldcorp” or the “Company”) today announced that the Company has entered an agreement (the “Agreement”) with Orla Mining Limited (TSXV: OLA.V) (“Orla”), pursuant to which it has agreed to sell its 100% interest in the Camino Rojo oxide project, located in Zacatecas, Mexico.
Under the terms of the agreement, Goldcorp will receive: (1) 19.9% of the issued and outstanding common shares of Orla, (2) a 2% Net Smelter Return royalty on revenues from all metal production from the project, with the exception of metals produced under a joint venture with Orla, (3) an option to acquire up to a 70% interest in future sulphide projects, and (4) the right to nominate a director to Orla’s Board for as long as Goldcorp’s equity ownership position is greater than 10%.
The transaction is subject to customary closing conditions and is expected to close in the second half of 2017.
PREMIER GOLD MINES LIMITED (TSX:PG) (“Premier”, “the Company”) is pleased to invite its shareholders and investors to meet its senior management and board of directors at its Annual and General Meeting to be held at 4:00pm EST on June 22, 2017 at the Board of Trade, 1 First Canadian Place, Toronto, Ontario. The AGM will be followed by a corporate presentation at 4:30pm EST (with webcast from the company’s website www.premiergoldmines.com) and a reception.
The presentation will include highlights of the Company’s expected production, development and exploration initiatives including:
- Its wholly-owned Mercedes Mine in Mexico, and its 40% joint venture with Barrick at the South Arturo Mine in Nevada.
- Exploration programs at McCoy-Cove and Goldbanks in Nevada.
- An update on development plans of the Greenstone Gold Property, a 50-50 joint venture feasibility-stage project with Centerra Gold in northern Ontario.
TORONTO, ONTARIO–(Marketwired – June 13, 2017) – VVC Exploration Corporation (“VVC” or the “Company“) (TSX VENTURE:VVC) announces that (i) the Mexican Ministry of the Environment and Natural Resources (SEMARNAT) has approved the application for a Permit to conduct Advanced Exploration Drilling on its Samalayuca Cobre (Samalayuca Copper) Project, located in Northern Chihuahua, Mexico, approximately 50 kilometers from El Paso, Texas. In addition, the Company anticipates raising up to CA$5 (US$3.75) million in Equity and Debenture financings by the end of July.
Vancouver, British Columbia–(Newsfile Corp. – June 13, 2017) – Southern Silver Exploration Corp. (TSXV: SSV) (OTCQB: SSVFF) (FSE: SEG1) (“Southern Silver”) has closed the first tranche of its previously reported Brokered private placement by issuing 6,372,500 units at a price of $0.40 per Unit for gross proceeds of $2,549,000. Gravitas Securities Inc. is the lead agent of the $5 million placement of Units. Each Unit consists of one common share and one share purchase warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.55 per share. Securities issued pursuant to this tranche of the private placement, including common shares, share purchase warrants and finder’s warrants issued as finder’s fees, carry a legend restricting trading of the securities until October 14, 2017.
Minera Alamos Inc. (TSX VENTURE:MAI) (the “Company” or “Minera Alamos“) is pleased to announce that as a result of positive institutional and retail demand for its previously announced best-efforts brokered private placement offering, the Company has amended the terms to increase the size of the offering to $4,500,000 (the “Upsized Offering“).
Under the terms of the Upsized Offering, the Company has entered into an amended agreement with Haywood Securities Inc., as lead agent on behalf of a syndicate of agents (collectively, the “Agents“), pursuant to which the Agents have agreed to sell, on a best-efforts private placement basis, up to 30,000,000 common shares of the Company (the “Common Shares“) at a price of $0.15 per Common Share (the “Issue Price“), for gross proceeds to the Company of $4,500,000. Minera Alamos has granted the Agents an option, exercisable in whole or in part by the Agents at any time up to 48 hours prior to the closing of the Upsized Offering, to sell up to an additional 20% of the Upsized Offering in Common Shares at the Issue Price.
Goldcorp, McEwen Mining y Alamos Gold son algunas de las mineras canadienses a las que el órgano tributario no les ha devuelto impuestos, por lo que funcionarios de ese país presionan a México para que solucione el problema.
El Servicio de Administración Tributaria (SAT) retiene más de 360 millones de dólares en devoluciones de impuestos a seis mineras canadienses, incluyendo 230 millones de dólares a Goldcorp, según fuentes y documentos oficiales vistos por Reuters, un hecho que eleva la tensión entre el gobierno y las firmas que operan en el país.
En una serie de reuniones, funcionarios canadienses han presionado a México para que solucione el problema, que afecta la capacidad de inversión en operaciones y es particularmente difícil para las mineras y exploradores más pequeños con escasez de efectivo, dijeron personas familiarizadas con el asunto.
June 6, 2017 – Vancouver, British Columbia – Candelaria Mining Corp. (“Candelaria”) is
pleased to announce Agnico Eagle Mines Limited (“Agnico”) is making a strategic investment of $9,765,800 in Candelaria (the “Private Placement”). (All dollar amounts are in Canadian Dollars unless otherwise stated). Upon completion of the Private Placement, Agnico will own approximately 9.95% of the common shares of Candelaria, through the purchase of 10,120,000 common shares at a price of $0.965 per share. No warrants are being issued. In connection with the closing of the transaction, Agnico and Candelaria will enter into an investor rights agreement pursuant to which Agnico will, provided Agnico owns at least a 5% interest in Candelaria (calculated in accordance with the investor rights agreement), have the right to participate in equity financings by Candelaria in order to maintain its 9.95% ownership interest in Candelaria, and the right to nominate one person (and in the case of an increase in the size of the board of directors of Candelaria to 10 or more directors, two persons) to the board of directors of Candelaria.