MONTREAL, Aug. 22, 2019 (GLOBE NEWSWIRE) — Tamino Minerals, Inc., a mineral exploration and development company, (“Tamino” or the “Company”) (OTC Markets: TINO), www.taminominerals.ca Mr. Pedro Villagran-Garcia, President & CEO, announces that for compliance purposes the Company has disclosed that it has issued 370,585,278 of which 220,774,117 are restricted and 149,811,161 are deemed free trading.
TORONTO, Aug. 23, 2019 /CNW/ – Sable Resources Ltd. (the “Company”) (TSX Venture: SAE) announces that it has completed the distribution of 29,937,618 common shares of Talisker Resources Ltd. (CSE: TSK) (the “Talisker Shares”) to shareholders of the Company. The distribution of the Talisker Shares was effected as a reduction in the stated capital of the common shares of the Company (the “Return of Capital”). The Return of Capital was approved by shareholders of the Company at the annual general and special meeting held on June 26, 2019 (the “Meeting”) and the distribution was completed to shareholders of record as at the close of business
of July 8, 2019 (the “Record Date”).
Bacanora Lithium plc (AIM: BCN), the London traded lithium company, is pleased to provide an update on its Investment Agreement and Offtake Agreement (‘the Strategic Investment’ or ‘the Agreements’) with leading global lithium company Ganfeng Lithium Co., Ltd. (“Ganfeng” or “GFL”). As announced on 28 June 2019, the Agreements have been submitted to the relevant authorities in China for approval and completion. The first of the approvals, from the PRC Ministry of Commerce (MOFCOM), was received by Ganfeng at the end of July 2019 and we have now been informed that the second approval has been processed by NDRC (National Development and Reform Commission) and received by Ganfeng. It is anticipated that the final approval from SAFE (State Administration of Foreign Exchange) will be received following a Ganfeng board meeting to be held in the coming weeks. Bacanora will provide further updates once final approval is received.
Dieppe, NB. August 22nd, 2019. (CBI-TSX Venture) Colibri Resource Corporation (“Colibri” or the “Company”) is pleased to announce the appointment of Terrence (Terry) Byberg to its Board of Directors.
Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to report that it closed its non-brokered private placement financing (the “Private Placement”) of units (each a “Unit”) for gross proceeds of $5,000,000 ($0.16 per Unit), announced on August 13, 2019. The entire Private Placement was fully subscribed by Mr. Eric Sprott.
VANCOUVER, BRITISH COLUMBIA, August 23, 2019 – Millrock Resources Inc. (TSX-V: MRO) (“Millrock” or the “Company”) announces the TSX Venture Exchange has granted Millrock an extension to the deadline to file final materials in respect of the private placement financing announced on July 10, 2019. The Company must complete the filing by September 25, 2019.
Vancouver, BC, Canada, August 22, 2019 – Megastar Development Corp. (“Megastar”, or the “Company”) (TSX-V: MDV; Frankfurt: M5QN), an early stage mineral exploration company focused on its properties in Oaxaca, Mexico, is pleased to announce recently received sample results from a second period of reconnaissance fieldwork at its Yautepec Project in Oaxaca state, Mexico.
TORONTO, Ontario, August 22, 2019 – Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX: TXG) announces the Company has entered into a series of zero-cost collar hedges which are consistent with the policy approved by the Board of Directors. A total of 96,000 ounces of gold sales have been hedged evenly over the next 12 months. The floor price of the monthly gold collars has been set at $1,400/oz with the ceiling price of the collars ranging from $1,666/oz in September 2019 to $1,768/oz in August 2020.
Vancouver, August 22, 2019 – Canasil Resources Inc. (TSX-V: CLZ, DB Frankfurt: 3CC, “Canasil” or the “Company”) is reviewing plans for renewed exploration on four 100%-owned drill ready silver-gold-base metal projects located in the “Mexican Silver Belt” within Durango and Zacatecas States, Mexico. These projects are all located on this highly prospective mineral trend that hosts a number of major silver-gold mines and deposits. Two of the projects, La Esperanza and Salamandra have had extensive previous exploration, including drilling that returned intervals of high-grade silver-gold and base metal (detailed below), defining zones that are open for expansion. Two other projects, Nora and Vizcaino, are high-grade silver-gold epithermal vein targets where surface sampling has defined drill targets for testing. An overview of these projects is presented below for reference.
Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American; GV6: FSE;
“Avino” or “the Company”) Avino has upon the recommendations of its Compensation Committee, granted an aggregate of 526,000 incentive stock options (the “Stock Options”) under its Stock Option Plan, and 1,730,500 Restricted Share Units (“RSUs”) under the Restricted Share Unit Plan to its directors, officers, employees and consultants. Both the Stock Option Plan and Restricted Share Unit Plan have been previously approved by shareholders, and no further approval from shareholders is required for these grants.