Day: October 24, 2014

VVC Exploration Announces Closing of $411,365 Private Placement

VVC Exploration Corporation announces that it has that it has successfully completed a previously announced non-brokered private placement aggregating $411,365 and representing 8,227,300 units of the Company at a price of $0.05 per Unit. Each Unit consists of one common share and one common share purchase warrant of the Company. Each Warrant entitles the holder to purchase one additional common share of the Company at $0.12 per share for 2 years and thereafter at $0.18 per share until October 22nd, 2019. The securities being issued pursuant to this private placement will be subject to a hold period which expires on February 23rd, 2015.

Pondrán en juego puesto para nuevo líder minero

El “destape” del líder del nuevo sindicato minero aún no se define, tampoco el método en que será electo ni el nombre de la nueva organización, aseguró la Sección 288 luego de que ayer, en la Sección 71 de La Perla, Chihuahua, concluyera el calendario de asambleas de las 10 secciones mineras de Coahuila que acordaron separarse de Napoleón Gómez El vocero de la Sección 288, Francisco Alvarado Villarreal, manifestó que habrá que ser muy analíticos y tener amplia visión para cuando llegue el momento en que los trabajadores de minas y siderúrgicas de Altos Hornos de México elijan al abanderado a la Secretaría General del nuevo sindicato, con el cual se peleará la titularidad de los contratos colectivos de trabajo mediante demandas contra Napoleón Gómez Urrutia.

San Marco Resources Plans Share Consolidation and Financing and Reduces Property Holdings in order to Focus on Cuatro de Mayo

The Board of Directors of San Marco Resources Inc. reports that as a result of extensive discussions with various financial advisors, it believes it is in the best interest of the Company to consolidate its common shares on the basis of one post-consolidation common share for every five pre-consolidation common shares. Subsequent to this consolidation, which is subject to regulatory and shareholder approval, San Marco intends to raise approximately $500,000 by way of a private placement financing on the terms set out below.

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