Oremex Silver Inc. announces that it intends to complete a non-brokered private placement of up to 15,000,000 units from treasury at a price of $0.05 per Unit for aggregate proceeds of up to $750,000.
The Board of Directors of Scorpio Mining Corporation today announced that it has accepted the resignation of Scorpio’s President and Chief Executive Officer, Parviz Farsangi, and unanimously appointed the Company’s Chairman, founder and former Chief Executive Officer, Peter J. Hawley as interim President and Chief Executive Officer. Mr. Farsangi has stepped down as President and Chief Executive Officer and director of Scorpio to pursue other career opportunities, effective immediately.
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