Sell agreement

Telson Resources Inc. Completes Acquisition Agreement with Nyrstar Mining Ltd to Acquire 100% of the Campo Morado Mine, Guerrero State, Mexico

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Click to access TSN_NR_155_Apr27_2017.pdf

Vancouver, British Columbia, April 27, 2017 – Telson Resources Inc. (“Telson” or the “Company”) (TSX Venture – TSN.V) is pleased to announce that is has entered into a definitive Share Purchase Agreement (the “Agreement”) with Nyrstar Mining Ltd. and Nyrstar Mexico Resources Corp. (collectively “Nyrstar”) to purchase all of the shares of Nyrstar’s Mexican subsidiary companies that make up and own 100% of the Campo Morado mine, located in Guerrero State, Mexico (the “Campo Morado Mine”). Under the terms of the Agreement Telson has agreed to pay total purchase price of US$20 million plus any Variable Purchase Price, as described below, to Nyrstar under the following schedule,: • US $800,000 at signing of the Agreement; • US $2.7 million on or before June 12, 2017; • US $16.5 million on the one year anniversary following the closing date of the transaction.

Bacanora Establishes Strategic Long-Term Partnership with Hanwa

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http://www.marketwired.com/press-release/bacanora-establishes-strategic-long-term-partnership-with-hanwa-tsx-venture-bcn-2208723.htm

CALGARY, ALBERTA–(Marketwired – April 10, 2017) – BACANORA MINERALS LTD. (“Bacanora” or the “Company”) (TSX VENTURE:BCN)(AIM:BCN), the Canadian and London listed lithium exploration and development company focused on building an international lithium group, is delighted to announce that it has entered into a strategic partnership (the “Agreement”) with Hanwa Co., LTD. (“Hanwa”), a leading Japan-based global trading company and one of the larger traders of battery chemicals in the Asian region, with reported net sales of more than ¥1,500 billion in 2016.

The Agreement is comprised of both an initial 10% equity investment in Bacanora and an Off-take Agreement for up to 100% of the battery grade lithium carbonate (“Li2CO3“) produced at the Sonora Lithium Project (“Sonora” or the “Project”). The Company is targeting to produce 17,500 tonnes of Li2CO3 per annum (“Stage 1”), commencing in 2019. After two years of producing at this level, the Company plans to lift production to 35,000 tonnes per annum (“Stage 2”)1.

Radius Gold Acquires Bald Peak Property Located on Nevada/California Border; Sells Tlacolula Property to Fortuna Silver Mines

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/439-tsx-venture/rdu/30000-radius-gold-acquires-bald-peak-property-located-on-nevada-california-border-sells-tlacolula-property-to-fortuna-silver-mines.html

VANCOUVER, BRITISH COLUMBIA–(Marketwired – March 6, 2017) – Radius Gold Inc. (TSX VENTURE:RDU) is pleased to announce the acquisition of the Bald Peak gold property from Ely Gold & Minerals Inc. (TSX VENTURE:ELY) and its wholly owned subsidiary, Nevada Select Royalty Inc. (“Nevada Select”), adding to Radius’s portfolio of epithermal gold prospects in the Aurora gold camp, Nevada.

The Bald Peak Property consists of 38 unpatented mining claims in Mineral County, Nevada and one mineral prospecting licence in Mono County, California. The Property overlies a 6 km long, NE-trending zone of gold-bearing quartz-chalcedony veins, stockworks and hot spring silica sinters that has seen minimal historical exploration work.

Santacruz Silver Announces Agreement to Assign San Felipe Project to Americas Silver Corporation Mexico

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/569-tsx-venture/scz/29943-santacruz-silver-announces-agreement-to-assign-san-felipe-project-to-americas-silver-corporation.html

VANCOUVER, March 2, 2017 /CNW/ – Santacruz Silver Mining Ltd. (TSX.V:SCZ) (“Santacruz”) reports that its wholly-owned subsidiary, Impulsora Minera Santacruz, S.A. de C.V. (together with Santacruz “the Company”), has entered into an agreement (the “Agreement”) with Americas Silver Corporation (“Americas Silver”) to assign 100% of its interest in the San Felipe Project located in Sonora, Mexico to Americas Silver for US$7 million plus VAT paid on execution of the Agreement, comprised of US$5.0 million plus VAT to the Company and US$2.0 million plus VAT to Minera Hochschild Mexico, S.A. de C.V., the underlying property vendor.  These amounts were paid on March 2, 2017.

From the proceeds of US$5.0 million plus VAT received by the Company, US$4.25 million has been paid to JMET, LLC (“JMET”), substantially reducing the amount outstanding on the promissory note held by JMET (the “JMET Note”) to approximately US$0.75 million.  Upon closing of the El Gachi transaction with First Majestic Silver Corp. previously announced on February 24, 2017, the residual balance on the JMET Note of U$0.75 million will be repaid in full with US$1.5 million in restructuring fees remaining outstanding.

Completion of Sale of Calicanto Project

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Click to access nr-2017-02-03-calicanto-sale-receipt.pdf

Arian Silver Corporation (“Arian Silver” or the “Company”) is pleased to report that, further to the Company’s press release dated 1 August 2016 announcing the sale of the Company’s 75 hectare Calicanto project, the assignment has now been finalised, and the cash consideration of US$464,000 has been received (US$400,000 + IVA). The Company remains committed to the acquisition and development of assets to enhance shareholder value together with the systematic exploration of its wholly-owned concessions within the state of Zacatecas, Mexico.

Gunpoint Grants Option on 100% Interest in La Cecilia Gold Project

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1462-tsx-venture/gun/28820-gunpoint-grants-option-on-100-interest-in-la-cecilia-gold-project.html

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Jan. 31, 2017) – Gunpoint Exploration Ltd. (“Gunpoint” or the “Company”) (TSX VENTURE:GUN) wishes to announce that it has entered into an agreement (“Option Agreement”) with Riverside Resources Inc. (TSX VENTURE:RRI) whereby Riverside Resources Inc. (“Riverside”) has been granted an option to acquire a 100% interest in Gunpoint’s La Cecilia-Margarita gold project (“La Cecilia”) located in Sonora State, Mexico.

In 2010, Gunpoint acquired La Cecilia from Chesapeake Gold Corp. (TSX VENTURE:CKG) together with three other properties for consideration that resulted in Chesapeake becoming a majority shareholder. Chesapeake currently owns 73% of Gunpoint. Located in northeastern Sonora state, Mexico, La Cecilia comprises three mineral concessions totalling 794 hectares and hosts epithermal gold mineralization in a rhyolite dome setting.

Millrock Sells Violeta Concession, Sonora, Mexico

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/574-tsx-venture/mro/28819-millrock-sells-violeta-concession-sonora-mexico.html

VANCOUVER, BC–(Marketwired – January 31, 2017) – Millrock Resources Inc. (TSX VENTURE: MRO) (OTCQX: MLRKF) (“Millrock” or “the Company”) is pleased to announce that it has sold a concession named Violeta to Riverside Resources Inc. (TSX VENTURE: RRI) (“Riverside”).

Consideration paid by Riverside for the concession is $10,000 and 100,000 Riverside shares. Additionally, Riverside has granted a 0.5% Net Smelter Returns royalty to Millrock. The agreement is subject to approval by the TSX Venture Exchange.

Gregory A. Beischer, Millrock’s President & CEO commented: “This concession is favourably situated geologically and sits immediately adjacent to larger tracts of land that are known to host some interesting gold occurrences. In a larger, district play, Violeta could be a valuable block for Riverside. Millrock is pleased to now own some Riverside shares as we believe this fellow generative explorer will continue to succeed and that the shares will someday be much more valuable.”

Goldcorp Announces Sale of Los Filos Mine

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/530-tsx/g/28212-goldcorp-announces-sale-of-los-filos-mine.html

VANCOUVER, Jan. 12, 2017 /CNW/ – Goldcorp Inc. (TSX: G, NYSE: GG) today announced that the Company has entered into a share purchase agreement (the “Agreement”) with Leagold Mining Corporation (TSXV: LMC-H) (“Leagold”), pursuant to which it has agreed to sell its Los Filos Mine in Mexico to Leagold (the “Transaction”).

Under the terms of the Agreement, Goldcorp will receive estimated consideration of $438 million, consisting of $279 million in cash (subject to certain closing adjustments), $71 million in Leagold common shares, and retain certain tax receivables of approximately $88 million. The common shares issued to Goldcorp as consideration are expected to represent approximately 30% of the issued and outstanding shares of Leagold following the closing of the Transaction.  By closing of the Transaction, Goldcorp expects to recognize a reversal of a 2015 impairment in mining interests at Los Filos of approximately $30 to $60 million on a pre-tax basis.

Sonoro Metals Announces Agreement to Sell Chipriona Project to Agnico Eagle Mines

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1445-tsx-venture/smo/27642-sonoro-metals-announces-agreement-to-sell-chipriona-project-to-agnico-eagle-mines.html

Sonoro Metals Corp. (TSX.V: SMO) (“Sonoro” or the “Company”) announces that through its wholly-owned Mexican subsidiary, Minera Mar de Plata, S.A. de C.V., it has entered into an assignment agreement (the “Agreement”) with Agnico Sonora, S.A. de C.V. (“Agnico”), a subsidiary of Agnico Eagle Mines Ltd. (TSX: AEM), for the sale to Agnico of Sonoro’s Chipriona project in Mexico for $4 million plus a 1% net smelter returns royalty (“NSR”). The NSR may be purchased by Agnico at any time for $1.5 Million.

The Chipriona project is located in the Mulatos Mining District in Sonora State and is comprised of several concessions totaling 515 hectares, covering the Chipriona group of concessions, Los Pinos concession and private land near or adjacent to Agnico’s La India gold mine. The Chipriona concessions account for approximately 4% of Sonoro’s total exploration portfolio of 14,351 hectares.

Santacruz Silver Announces Agreement to Sell San Felipe Project

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https://www.juniorminingnetwork.com/junior-miner-news/press-releases/569-tsx-venture/scz/27422-santacruz-silver-announces-agreement-to-sell-san-felipe-project.html

Santacruz Silver Mining Ltd. (TSX.V: SCZ) (“Santacruz”) reports that its wholly-owned subsidiary, Impulsora Minera Santacruz, S.A. de C.V. (together with Santacruz “the Company”), has entered into an agreement with a private Mexican company based in Hermosillo, Mexico(the “Hermosillo Group)” to sell 100% of its interest in the San Felipe Project located in Sonora, Mexico to the Hermosillo Group for cash consideration of US$15.0 million (plus value added tax (“VAT”) of US$2.4 million) (the “Transaction”).  The Transaction is scheduled to close on or about December 19, 2016.