December 11, 2017 – Bridgewater, NS – (TSXVSE:SSE)(Frankfort S6Q) — Silver Spruce Resources Inc. (“Silver Spruce” or the “Company”) is pleased to announce that it has received a financing mandate letter from M Securities Limited (“Agent”), a full service, retail brokerage firm in Hong Kong, to provide up to US $1.8 million in gross proceeds from a private placement equity financing (“Offering”) of up to 30 million units (“Units”) at a price of US $0.06 per Unit. Each Unit consists of one common share of the Company (“Common Share”) and one Common Share purchase warrant exercisable at US$0.10 per Common Share for one year from the closing date of the Offering (“Closing”) The securities issued pursuant to the Offering will be subject to a four month + 1 day hold period from the date of Closing under applicable securities laws. A placement fee will be paid to the Agent by the Company. The Agent will receive 10% of the capital raised by the Agent and 1% of the capital raised by the Company under the Offering.
HENDERSON, Nev., Dec. 07, 2017 (GLOBE NEWSWIRE) — Firma Holdings Corp. (OTC PINK:FRMA) (the “company”) is pleased to provide a corporate update.
Gracepoint Mining (Subsidiary)
Don Roman Project, Choix, Mexico
The project, consisting of 10,000 hectares of mineral claims, hosts over 80 known structures, and includes a 3 Circuit 360 tonne (estimated) per day flotation mill centrally located to the structures and about 100 meters off of a government paved road. In addition, 80% of the known structures are accessible by existing road infrastructure.
The company has recently entered into a Profit Participation Agreement with a third party to fund the refurbishment of the flotation mill and the development of the Rosario zinc-lead-silver mine that has had historic production. The agreement calls for an investment of a minimum of $250,000 and a maximum of $600,000 to earn an expected 10% net cash flow interest.
TORONTO, ON–(Marketwired – December 01, 2017) – Primero Mining Corp. (“Primero” or the “Company”) (TSX: P) today announced that the Company has agreed with its lenders to an extension of its revolving credit facility (“RCF”) and guarantee provided by Wheaton Precious Metals Corp., previously maturing on December 1, 2017. The maturity of the RCF has been extended to December 15, 2017, providing the Company with the ability to continue negotiations surrounding its previously announced strategic review process and the possible divestiture of its San Dimas mine in Mexico. There can be no certainty that these discussions will result in a resolution acceptable to all stakeholders.
VANCOUVER, British Columbia, Dec. 01, 2017 (GLOBE NEWSWIRE) — Ethos Gold Corp. (“Ethos” or the “Company”) (TSXV:ECC) is pleased to announce that it has, through its Mexican subsidiary Compañía Minera Roca Dorada, S.A. de C.V. (“Roca Dorada”) entered into an option agreement for (the “Option Agreement”) with Coztic Recursos Minerales, S. de R.L. de C.V. (the “Property Owner”) to earn a 100% right, title and interest in and to the mineral concessions comprising the “La Purisima” mineral property situated in the municipality of Buenaventura, Chihuahua, México (the “Property”), subject to the Property Owner being entitled to a 2.0% net smelter return royalty upon the Company earning 100% interest in the Property on the terms set out in the Option Agreement.
Earlier today, representatives of AuKing Mining Limited (“AuKing”) met with senior mining industry officials from Mexico who are attending the IMARC mining conference in Melbourne. These Mexican officials included:
• Mr. Mario Cantú, Deputy Minister of Mining, Government of Mexico
• Dr. Israel Gutiérrez, CEO of the Mexico´s Mining Development Bank (FIFOMI)
• Mr. Raúl Cruz Ríos, CEO of the Mexico´s Geological Survey (SGM)
• Mr. Esau Garza, Commissioner of Mexico´s Trade Promotion Agency
(ProMexico) and Mexican Embassy in Australia.
MONCTON, New Brunswick, Nov. 30, 2017 (GLOBE NEWSWIRE) — Major Drilling Group International Inc. (TSX:MDI) today reported results for its second quarter of fiscal year 2018, ended October 31, 2017.
VANCOUVER, British Columbia, November 29, 2017 /PRNewswire/ —
Capstone Mining Corp. (“Capstone”) (TSX: CS) today announced that management will attend the following investor conference:
Scotiabank Mining Conference in Toronto, Ontario. Darren Pylot, President and CEO will be speaking on Wednesday, December 6, 2017 at 10:30 a.m. ET.
Capstone’s most recent corporate presentation is available at: http://capstonemining.com/investors/events-and-presentations/default.aspx.
About Capstone Mining Corp.
Capstone Mining Corp. is a Canadian base metals mining company, focused on copper. We are committed to the responsible development of our assets and the environments in which we operate. Our three producing mines are the Pinto Valley copper mine located in Arizona, US, the Cozamin polymetallic mine in Zacatecas State, Mexico and the Minto copper mine in Yukon, Canada. In addition, Capstone has two development projects; the large scale 70% owned copper-iron Santo Domingo project in Region III, Chile, in partnership with Korea Resources Corporation, and the 100% owned Kutcho copper-zinc project in British Columbia, Canada, as well as exploration properties in Chile and US. Capstone’s strategy is to focus on the optimization of operations and assets in politically stable, mining-friendly regions, centred in the Americas. Our headquarters are in Vancouver, Canada and we are listed on the Toronto Stock Exchange (TSX). Further information is available at www.capstonemining.com.
Contact: Cindy Burnett, VP, Investor Relations and Communications, 604-637-8157, email@example.com
VANCOUVER, British Columbia MAG Silver Corp. (TSX and NYSE AMERICAN: MAG) (“MAG”) is pleased to report that it has completed its previously announced non-brokered private placement offering of 4,599,641 common shares of MAG (the “Common Shares“) to existing shareholders at a price of US$10.47 per Common Share for gross proceeds of US$48.16 million (the “Offering“).
November 27, 2017, Vancouver, BC, Canada – ALIX RESOURCES CORP. (“Alix” or “the Company“) (AIX – TSX:V)(37N – Frankfurt) announces that further to the Company’s news release disseminated earlier today, November 27, 2017, that it is increasing the additional non-brokered private placement from up to 3,000,000 units at $0.15 per unit, to up to 5,000,000 units at $0.15 per unit for amended gross proceeds of up to $750,000.
All other terms of the additional financing remain the same. Completion of the private placement is subject to the Company receiving prior TSXV approval.
This new private placement financing will be in addition to the previously announced private placement of units (see the Company’s news release dated November 8, 2017).
The Company may, in its sole discretion, pay finders’ fees to agents of the Company.
The proceeds raised will be used for general corporate purposes and for advancing the Company’s 100% owned Jackpot lithium project, located in the Georgia Lake area within the Thunder Bay Mining Division, Ontario.
Alix is a junior mining exploration company focused on seeking and acquiring world class lithium projects globally. Alix continues to evaluate suitable prospects that fit its mandate.
ON BEHALF OF THE BOARD
Michael England, President, CEO, Director
FOR FURTHER INFORMATION, PLEASE CONTACT:
Toll Free: 1-888-945-4770
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Toronto, Ontario–(Newsfile Corp. – November 27, 2017) – Canuc Resources Corporation (TSXV: CDA) (“Canuc” or the “Company“) announces that it has closed a non-brokered private placement financing with gross proceeds of $464,934, resulting in the issue of 1,162,335 units (“Units“) at a price of $0.40 per Unit.
Each Unit consists of one common share (“Common Share“) of Canuc and one-half of one warrant to purchase one Common Share. Each whole warrant (“Warrant“) entitles the holder to purchase one additional Common Share at a price of $0.60 per Common Share for two years from the closing date of the private placement.