VANCOUVER, Nov. 19, 2018 /CNW/ – GREAT PANTHER SILVER LIMITED (TSX: GPR; NYSE American: GPL) (“Great Panther”; the “Company”) announces that it has reached an agreement (the “Agreement”) with MACA Limited (“MACA”) on modifications to MACA’s outstanding loan (the “Loan”) due from Beadell Resources Limited (“Beadell”). As noted in the press release dated September 23, 2018 announcing Great Panther’s friendly acquisition of Beadell (the “Acquisition”), closing of the transaction is conditional on receipt of certain approvals and consents on terms acceptable to Great Panther, the Loan being among these.
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Silver Spruce Signs Definitive Agreement to Transfer Kay Mine
BRIDGEWATER, NS / ACCESSWIRE / November 16, 2018 / (TSXV: SSE) – Silver Spruce Resources Inc. (“Silver Spruce” or the “Company”) announces that, after an extended forty-five day due diligence period, it has signed the Definitive Agreement to transfer the Kay Mine project to Croesus Gold Corp., a private company that intends to go public on a Canadian stock exchange. Both companies have agreed to close the transaction within forty-five days.
Pan American Silver and Tahoe Resources Create the World’s Premier Silver Mining Company
Pan American Silver and Tahoe Resources
VANCOUVER, Nov. 14, 2018 /CNW/ – Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) (“Pan American”) or the “Company”) and Tahoe Resources Inc. (NYSE:TAHO) (TSX:THO) (“Tahoe”) today announced that they have entered into a definitive agreement for Pan American to acquire all of the outstanding shares of Tahoe pursuant to a plan of arrangement (the “Transaction”), creating the world’s premier silver mining company. Shareholders of Tahoe will be entitled to elect to receive common shares of Pan American and/or cash in exchange for their shares of Tahoe. Additional consideration will be in the form of the right to a contingent payment in common shares of Pan American tied to the restart of the Escobal mine in Guatemala
URUACHIC OPTION EXERCISED
Golden Goliath Resources Ltd. _ Uruachic Option Exercised
Golden Goliath Resources Ltd. (“the Company”) is pleased to announce that Desarrollos Mineros El Aguila, S.A. de C.V. (“El Aguila”), a wholly owned subsidiary of Fresnillo plc, has exercised the option agreement for the properties optioned to them by the Company in the Uruachic Mining District in the State of Chihuahua, Mexico (the “Properties”).
Defiance Silver and ValOro Resources Sign Definitive Merger Agreement
Defiance Silver Corp. (“Defiance”) (TSX-V: DEF) and ValOro Resources Inc. (“ValOro”) (TSX-V: VRO) are pleased to announce that, further to their News Release dated September 17, 2018, Defiance and ValOro have signed a Definitive Arrangement Agreement (“Definitive Agreement”) dated November 5, 2018 to complete their friendly merger (“Transaction”). ValOro has arranged a special shareholder meeting for December 17, 2018 to vote on the merger and related matters.
American International Ventures, Inc. Signs Joint Venture With PT Musi Bumi Energi
American International Ventures_23102018
Lithia, FL, Oct. 23, 2018 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — American International Ventures, Inc., (“AIVN”) has entered into a joint venture agreement with PT Musi Bumi Energi an Indonesia Corportion (“MBE”). MBE has an 8,855 hectare (21,881 acre) coal concession, located at Musi Banyuasin, South Sumatera, Indonesia. Coal reserves of approximately one hundred million (100,000,000) metric tons (Pre-Jorc estimate) of low rank subbituminous coal reserves located on said concession.
Americas Silver Corporation and Pershing Gold Corporation Announce Business Combination
TORONTO, ONTARIO – September 30, 2018 – Americas Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas Silver”) and Pershing Gold Corporation (NASDAQ: PGLC) (TSX: PGLC) (FWB: 7PG1) (“Pershing”) are pleased to announce that they have entered into a definitive agreement (the “Agreement”) to complete a business combination (the “Transaction”) and create a low-cost, precious metal growth company in the Americas.
First Majestic and Evrim Resources Agree to Exercise of Ermitaño and Cumobabi Option Agreements
VANCOUVER, British Columbia, Sept. 10, 2018 (GLOBE NEWSWIRE) — First Majestic Silver Corp. (“First Majestic”) and Evrim Resources Corp. (“Evrim”) are pleased to announce that the Ermitaño and Cumobabi project option agreements in Sonora, Mexico have now been exercised and that First Majestic has completed its 100% earn-in for both projects. In connection with the exercise, First Majestic has made a US$1.5 million cash payment to Evrim and has granted to Evrim, per the original 2014 option agreements, a 2% net smelter royalty (“NSR”) in the case of the Ermitaño project and a 1.5% NSR in the case of the Cumobabi project.
Riverside Signs New Partnership Agreement to Advance La Silla and Provides Glor Project Update
July 11, 2018 – Vancouver, BC: Riverside Resources Inc. (“Riverside” or the “Company”) (TSX-V: RRI), and Sinaloa Resources Inc. (“Sinaloa”) is pleased to jointly announce that they have signed a letter of intent (the “LOI”) whereby Sinaloa can earn up to 100% interest in Riverside’s La Silla Project (the “Project”) located in Sinaloa, Mexico. The Project includes 2,071 hectares situated along the same regional trend and with the mineralization style as First Majestic’s San Dimas mine. Historic production along this trend has been estimated to total 11 million ounces of gold and 582 million oz. of silver, placing the district fourth in Mexico for precious metal production after Pachuca, Fresnillo and Guanajuato.
KOOTENAY ANNOUNCES OPTION AGREEMENT WITH CAPSTONE MINING FOR THE LA MINA PROJECT
2018_14-KTN-NEWS-UPDATE-LA-MINA_CAPSTONE-DRAFT_FINAL
Kootenay Silver Inc.(TSXV: KTN) (the “Company” or “Kootenay”) is pleased to announce that its wholly owned Mexican subsidiary has entered into an option agreement (“Agreement”) with Capstone Mining Corp. (TSX: CS) (“Capstone Mining”) on the Company’s La Mina Project (“La Mina”), located 180 kilometers southeast of the city of Hermosillo in Sonora State, Mexico.La Mina was staked by Kootenay as part of its generative property portfolio strategy and covers the upper levels of a zoned copper porphyry mineral system exposed over a 2 by 2 kilometer area.