VANCOUVER, British Columbia, May 18, 2018 — Almadex Minerals Limited (“Old Almadex”) is pleased to announce that it has closed the previously announced statutory plan of arrangement (the “Plan of Arrangement”) under Section 288 of the
Business Corporations Act (British Columbia) to spin-out Old Almadex’s early stage exploration projects, royalty interests, and certain other assets into Almadex Minerals Ltd. (formerly 1154229 B.C. Ltd.) (“New Almadex”) effective at 12:01 a.m. on
May 18, 2018 (the “Effective Time”). At the Effective Time, Old Almadex changed its name from Almadex Minerals Limited to Azucar Minerals Ltd. (“Azucar”) (TSX-V:AMZ) (OTCQX:AXDDF), and New Almadex changed its name from 1154229 B.C. Ltd.
to Almadex Minerals Ltd.
Sable Resources Ltd__090518
TORONTO, May 9, 2018 /CNW/ – Sable Resources Ltd (“Sable”) (TSXV: SAE) is pleased to announce that drilling has begun on the Margarita Project after the Company received permits from the government of Mexico and access agreements from the surface rights holder. The initial program consists of over 4,000 m of core drilling to test the 1.7 km of silver bearing epithermal quartz veins. This Phase 1 drill program will be expanded should positive results warrant additional drilling.
Oroco Closes Non-Brokered Private Placement
VANCOUVER, British Columbia – (April 26, 2018) Oroco Resource Corp. (TSX-V: OCO) (“Oroco” or “the Company”) is pleased to announce that it has closed the non-brokered private placement financing (the “Financing”) previously announced by news releases dated April 11, 2018 and April 16, 2018. The Company has raised gross proceeds of $900,000 through the sale of a total of 9,000,000 units at a price of $0.10 per unit. Each unit consists of one common share and one-half of one common share purchase warrant. Each whole share purchase warrant will be exercisable into one additional common share for a period of 18 months from closing at a price of $0.16 per share. The exercise period for the warrants may be accelerated to 30 days if, at any time after the first 4 months of the warrant exercise period, the volume-weighted trading average of the Company’s shares over a period of 20 consecutive trading days exceeds $0.35.
Vancouver, British Columbia – Capstone Mining Corp. (“Capstone”) (TSX: CS) today announced the voting results from its 2018 Annual General Meeting held April 25, 2018 in Vancouver, British Columbia. A total of 266,318,915 common shares were voted at the meeting, representing 66.77% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business before the meeting, as follows:
Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to report that Aztec Minerals Corp. (“Aztec Minerals”) today announced the results of 3 additional holes from its phase I drill program totaling 3,000 meters, currently underway at Kootenay’s Cervantes gold project, located in Sonora State, Mexico.
VANCOUVER, BC – (April 20, 2018) – Silver Bull Resources, Inc. (TSX: SVB; OTCQB: SVBL) (“Silver Bull” or the ”Company”) is pleased to announce the detailed voting results on the items of business considered at its Annual General Meeting of Shareholders held on April 19, 2018 (the “Meeting”). A total of 97,611,450 or 48.66% of the Company’s issued and outstanding shares were represented at the Meeting. The following nominees, as listed in Silver Bull’s Management Information Circular, were re-elected as directors of the Company.
Aura Silver Resources Inc. (TSX-V: AUU) (“Aura Silver” or the “Company”) announces that it is undertaking a non-brokered private placement offering to raise gross proceeds of up to $600,000. The Company has applied for, and received, conditional approval from the TSX Venture Exchange for a waiver from the five-cent minimum price requirement. Under the terms of the proposed offering, Aura Silver would issue a minimum of 5,000,000 units for gross proceeds of $150,000 and a maximum of 20,000,000 units for gross proceeds of $600,000. The units would be issued at $0.03 (3 cents) per unit (the “Offering”).
Telson Mining Corporation (“Telson” or the “Company”) (TSX Venture: TSN.V)(OTCBB: SOHFF)(Frankfurt: TSGN.F)(Shares Issued: 125,726,075) is pleased to present pre-production results of development mining, concentrate production and metallurgical balances for the first three months of 2018 at its 100% owned Campo Morado Mine (“Campo Morado” or the “Project”) located in Guerrero State, Mexico.
April 16, 2018 – Prospero Silver Corp. (TSX-V: PSL; the “Company” or “Prospero”) is pleased to announce that it proposes to complete a non-brokered private placement of up to 11.1 million units at a price of $0.09 per unit (a “Unit”), for gross proceeds of up to $1,000,000. Each Unit will consist of one common share of Prospero (a “Share”) and one-half of a non-transferable share purchase warrant exercisable for a term of two years, subject to the acceleration terms described below (a “Warrant”). Each whole Warrant will entitle the holder to purchase one additional Share at an exercise price of $0.16 per Share. Finder’s fees may be payable on all, or part, of the offering, and such finder’s fees will be paid in cash. The completion of the offering is subject to acceptance for filing by the TSX Venture Exchange (the “TSX.V”).
April 10, 2018 — Vancouver, British Columbia — Marlin Gold Mining Ltd. (TSX-V: MLN) (“Marlin” or the “Company”) is pleased to announce that Guillermo Kaelin has been appointed as a member of the board of directors, subject to approval of the TSX Venture Exchange.