http://www.baystreet.ca/articles/news-article.aspx
Arian Silver Corporation (the “Company”), a silver mining company focussed on silver projects in the silver belt of Zacatecas, Mexico, announces that it has applied for voluntary delisting of the common shares of the Company (“Shares”) from the TSX Venture Exchange (“TSXV”). The Shares are currently listed for trading on the TSXV and AIM.
TORONTO, ON–(Marketwired – November 30, 2015) – Excellon Resources Inc. (TSX: EXN) (OTC: EXLLF) (“Excellon” or the “Company”), Mexico’s highest grade silver producer, is pleased to announce that it has completed its previously announced C$6,600,000 financing, comprising C$5,610,000 principal amount of secured convertible debentures of the Company (the “Debentures”) and the sale of a net smelter return royalty (the “NSR”) on the Platosa Project for C$990,000 (collectively, the “Financing”). References to principal amounts and conversion or exercise prices in respect of the Financing are in Canadian dollars.
LONDON, UK, Nov. 27, 2015 /CNW/ – Arian Silver Corporation (“Arian” or the “Company”), a silver mining company focussed on silver projects in the silver belt of Zacatecas, Mexico, announces that further to its announcement on 29 October 2015 of the termination of the letter of intent and non-binding term sheet with Quintana AGQ Holding Co. LLC, it has now signed an acknowledgement of the Default Notice announced on 3 November 2015 (“Acknowledgement”) and has further entered into a settlement deed (“Settlement Deed”) with Quintana AGQ Holding Co. LLC and its affiliates (together, “Quintana”).
VANCOUVER, Nov. 25, 2015 /CNW/ – Capstone Mining Corp. (“Capstone”) (TSX: CS) today announced that management will attend the following investor conferences:
VANCOUVER, Nov. 24, 2015 /CNW/ – Santacruz Silver Mining Ltd. (“Santacruz” or the “Company”) (TSX.V:SCZ) announces that the Company has agreed in principle to terms whereby it will receive US$9.5 million under a senior secured loan facility (the “Loan Facility”) with a lender syndicate (the “CrediPresto Syndicate”) headed by CrediPresto Group (“CrediPresto”) and including two other institutions.
Proceeds from the Loan Facility will be used to restructure the obligations owing by the Company to JMETLLC (“JMET”) under the Pre-Paid Forward Silver Purchase Agreement (the “Pre-Paid Agreement”) between Santacruz and its affiliates and JMET. The proposed terms of the Loan Facility will provide for a deferral of principal repayments which should allow the Company to solidify its balance sheet during current market conditions and should return the Company to a positive working capital position.
http://www.baystreet.ca/articles/news-article.aspx
VANCOUVER, BRITISH COLUMBIA / TheNewswire / November 23, 2015 – Telson Resources Inc. (TSX Venture – TSN) (“Telson” or the “Company“) is pleased to announce results of its annual general meeting held on November 20, 2015 (the “Meeting“).
All matters tabled for consideration, as outlined on the Company’s Notice of Annual General Meeting, were unanimously approved at the Meeting. A brief list of the most important items of business conducted at the Meeting are as follows:
Election of Directors
Shareholders appointed five Directors for the upcoming year comprised of incumbent Directors, Ralph Shearing, P.Geol and Yao Sun plus newly appointed Directors Jose Antonio Berlanga Balderas, Enrique Margalef Vergara and Arturo Bonillas.
http://www.canadianminingjournal.com/press-releases/story/?id=1003727758
Millrock Resources Inc. (TSX VENTURE:MRO) (“Millrock”) announces that it plans to raise gross proceeds of up to $700,000 through the sale of 4,375,000 units (the “Units”) priced at $0.16 per Unit. Each Unit consists of one common share and one share purchase warrant (the “Warrants”). Each Warrant will entitle the holder to purchase one additional common share at a price of $0.22 per common share until and including the date which is one year from the closing date, thereafter at a price of $0.30 per common share until and including the date which is two years from the closing date and thereafter at a price of $0.40 per common share until and including the date which is four years from the closing date. Millrock expects to pay finder’s fees in connection with this financing. The securities issued under this financing will be subject to a hold period of four months from the closing date. Millrock intends to use the proceeds for a series of specific property acquisitions and for general corporate purposes. This financing is subject to receipt of TSX Venture Exchange acceptance.
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 18, 2015) – Oroco Resource Corp. (TSX VENTURE:OCO) (“Oroco” or “the Company“) announces that, further to its news release of September 28, 2015, it has agreed with Goldgroup Mining Inc. (“Goldgroup“) to extend until January 16, 2016 the deadline for Goldgroup to enter into a formal debt repayment agreement with the Company. Goldgroup will pay US$25,000 to the Company in consideration for the extension. Remaining in place is the $100,000 break fee payable by Goldgroup if the formal debt payment agreement is not signed by the agreed deadline. In a related transaction, the Company will sell the 3 million shares of Goldgroup that it had agreed to sell to persons introduced by Goldgroup at a price of $0.06. After completion of the sale, the Company will hold 14,125,000 Goldgroup shares.
http://www.fscwire.com/newsrelease/nsx-silver-announces-proposed-sale-mexican-subsidiary
Bedford, Nova Scotia (FSCwire) – NSX Silver Inc. (TSXV:NSY) (“NSX Silver”) announces that it has entered into a binding letter of agreement with an arm’s-length purchaser whereby NSX Silver has agreed to sell the shares of its Mexican subsidiary company, Compania Minera Oso Blanco SA de CV (“CMOB”), to the purchaser. The binding letter of agreement provides that upon closing, the purchaser will be responsible for all of CMOB’s liabilities and that CMOB will grant to NSX Silver a 2% net smelter return royalty on any future mineral production from the eleven mining concessions that CMOB presently owns.
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VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 18, 2015) –Southern Silver Exploration Corp. (TSX VENTURE:SSV) (FRANKFURT:SEG1) (SSE:SSVCL) (“Southern Silver”) reported today that Electrum Global Holdings L.P. (“Electrum”) has provided an additional tranche of funds to Southern Silver as operator and now has contributed a total of US$2.0 million and earned-in for an indirect 30% interest in the Cerro Las Minitas project in Durango, Mexico.