VANCOUVER, Jan. 17, 2019 – PRIZE MINING CORPORATION (“Prize” or the “Company”) (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) wishes to provide an update on the status of the Alberta Securities Commission Notice of Application dated December 21, 2018 seeking an interim order pursuant to section 33 and 198 of the Securities Act(Alberta), which names the Company as a respondent. Counsel for Prize applied for a further adjournment in order to obtain sufficient time to prepare its response to properly address the matters noted in the Notice of Application. The Alberta Securities Commission issued a variation order (the “Order”) dated January 14, 2019 to adjourn the hearing to February 1, 2019. The Order also requires that all trading in securities of Prize cease and that Prize must cease trading in all securities and that all exemptions contained in Alberta securities laws do not apply to Prize pending the determination of the hearing.
DENVER, Jan. 14, 2019 /CNW/ – Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) and Goldcorp Inc. (NYSE: GG, TSX: G) (Goldcorp) today announced they have entered into a definitive agreement in which Newmont will acquire all of the outstanding common shares of Goldcorp in a stock-for-stock transaction valued at $10 billion. Under the terms of the agreement, Newmont will acquire each Goldcorp share for 0.3280 of a Newmont share, which represents a 17 percent premium based on the companies’ 20-day volume weighted average share prices.
Minera Alamos Inc. (“Minera” or the “Company”) (TSX VENTURE:MAI) cordially invites you to visit with Company representatives at Booth #838 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Sunday, January 20th – Monday, January 21st, 2019.
Premier Gold Mines Limited (“Premier” or “the Company”) is proud to announce the launch of an updated company logo and website as part of our commitment to improving our overall shareholder and investor experience.
VANCOUVER, Jan. 8, 2019 /CNW/ – PRIZE MINING CORPORATION (“Prize” or the “Company”) (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) discloses that the filings of the Company’s annual financial statements for the fiscal year ended August 31, 2018, the related management’s discussion and analysis and the certification of the annual filings for the year ended August 31, 2018 (collectively, the “2018 Annual Financial Statements”) were not completed by the deadline of December 31, 2018. As a result, the British Columbia Securities Commission issued a cease trade order (the “Cease Trade Order”) on January 7, 2019 against the Company and securities have been halted from trading on the TSX Venture Exchange.
Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American; GV6: FSE; “Avino” or the “Company”)announces that it has filed a new short form base shelf prospectus dated December 21, 2018 (the “Base Shelf Prospectus”) in Canada, pursuant to which Avino may distribute common shares (the “Offered Shares”) from time to time through Cantor Fitzgerald & Co. (the “Agent”), as agent or as principal, pursuant to an amended and restated sales agreement currently in effect with the Agent for the distribution of the Offered Shares in the United States up to the aggregate sales amount of US$8.0 million (the “Maximum Amount”), in accordance with the terms of the Sales Agreement (the “Offering”). The Offering is being made in the United States under the terms of a registration statement on Form F-3 (SEC File No. 333-226963) (the “Registration Statement”) filed and effective with the United States Securities and Exchange Commission (the “SEC”), and a prospectus supplement dated December 28, 2018 (the “Prospectus Supplement”) filed in each Province of Canada, except Quebec, to the Base Shelf Prospectus; the Registration Statement, Prospectus Supplement and Base Shelf Prospectus being collectively, the “Prospectus”).
Vancouver, B.C. – Santacruz Silver Mining Ltd. (TSX.V:SCZ) (the “Company” or “Santacruz”) has completed its previously announced issuance of 250,000 of its common shares (the “Advisory Fee Shares“) to Haywood Securities Inc. (“Haywood“) pursuant to an amended financial advisory agreement between the Company and Haywood. The Advisory Fee Shares were issued to Haywood, along with a cash payment of $1,063, in satisfaction of general financial advisory services provided to the Company by Haywood, including services relating to the Company’s disposition of its interest in the Gavilanes Project in August 2017. The TSX Venture Exchange has accepted the issuance of the Advisory Fee Shares. The Advisory Fee Shares were issued at a deemed share price of $0.085 (gross value: $21,250).
ROAD TOWN, British Virgin Islands, Dec. 21, 2018 (GLOBE NEWSWIRE) — Aura Minerals Inc. (TSX: ORA) today announced a consolidation (the “Consolidation”) of its common shares (the “Shares”) on the basis of one new Share for ten old Shares, effective December 31, 2018 (the “Effective Time”). The Company’s consolidated common shares are expected to begin trading on the Toronto Stock Exchange (“TSX”) when the markets open on January 4, 2019.
CABORCA, Mexico, Dec. 21, 2018 (GLOBE NEWSWIRE) — Mexus Gold US (OTCQB: MXSG) (“Mexus” or the “Company) continues with the evaluation of another group of assay results received from the lab that correspond to holes 4 and 5. These holes have shown to be consistent with the suspected shallow alteration zone and the continuous Julio quartz vein. A 5 drill hole fence along the Julio area is intercepting the quartz vein at an average depth of 29 meters with an average width of 2.0 meters. The east dipping Julio vein is averaging from 2 to 3 meters intercept width and about 1.0 g/t gold with intercepts of 1 meter of 1.4 g/t gold in each hole. Holes 1 to 3 intercepted the Julio quartz vein with high values up to 6.2 g/t gold and 34 g/t silver.
Financial Highlights for the year ending September 30, 2018:
- Record production of 774,590 silver and 6,655 gold ounces, providing 1,300,046 silver equivalent ounces at Parral
- Record revenue of $21.0 million from the sale of 781,672 silver ounces and 6,933 gold ounces, a realized price of $15.79 per silver equivalent ounce and a net loss of $43.7 million.
- Executed agreement for sale of the 2% net smelter royalty on Santa Gertrudis for gross proceeds of $12 million which closed on November 7, 2018 which brings the total proceeds on the sale of Santa Gertrudis project to $92 million.
- Cash flow from operations before changes in non-cash working capital of $3.0 million, or 2 cents per basic share
- Adjusted cash cost per ounce of silver, net of gold by-product credits was $6.24
- Adjusted cash cost per silver equivalent ounce was $10.20
- Adjusted all in sustaining cost per silver equivalent ounce was $14.46
- Ended the year with a strong balance sheet with $8.3 million in cash plus $12 million in proceeds from the sale of the net smelter royalty that closed subsequent to the year end and no debt