Month: May 2015

Levon Resources Ltd. is pleased to announce that SciVac Ltd. has advised the Company that it intends to nominate David Rector as an additional independent director of the Company upon the closing of the previously announced plan of arrangement involving SciVac, Levon and 1027949 B.C. Ltd.

CANGOLD LIMITED is pleased to announce that it has obtained a final order from the Supreme Court of British Columbia approving its previously announced plan of arrangement with Great Panther Silver Limited to which Great Panther will acquire all of the issued and outstanding common shares of Cangold. Receipt of the final order follows Cangold’s special meeting of shareholders held on May 22, 2015 where the special resolution approving the Arrangement was approved by approximately 99.44% of the votes cast by Cangold shareholders.

Alamos Gold Inc. y AuRico Gold Inc. han anunciado hoy que Alamos y AuRico han recibido una orden provisional del Tribunal Superior de Justicia de Ontario autorizando varias cuestiones, entre ellas la realización de juntas especiales de los accionistas de Alamos y AuRico para considerar el plan de disposición propuesto para combinar las dos compañías, y el envío de la circular informativa conjunta.

First Quantum Minerals Ltd. today announced that the underwriting syndicate of its recently-announced overnight-marketed public offering of common shares led by RBC Capital Markets and Goldman Sachs Canada Inc., and including Barclays, BNP PARIBAS, Deutsche Bank Securities, Jefferies International Limited and Nomura, has exercised in full their over-allotment option to purchase an additional 11,538,450 common shares of First Quantum at a price of Cdn$16.25 per common share. The gross proceeds from the offering, including the sale of the additional over-allotment shares, will be approximately Cdn$1.44 billion…

Aura Silver Resources Inc. announces that it is undertaking a non-brokered private placement offering to raise gross proceeds of up to $500,000. The Company has applied for, and received, conditional approval from the TSX Venture Exchange for a waiver from the five-cent minimum price requirement. Under the terms of the proposed offering, Aura Silver would issue a minimum of 6,666,667 units for gross proceeds of $100,000 and a maximum of 33,333,333 units for gross proceeds of $500,000. The units would be issued at $0.015 (1.5 cents) per unit.

El Tigre Silver Corp. wishes to announce that it has entered into loan agreements with Wade Anderson, the Chief Executive Officer and a director of the Company for an amount of $130,000, Ron Hodgson, a director of the Company, for an amount of $165,000, Carl Rosenau, a director of the Company, for an amount of $100,000, and Ernie Elko, a director of the Company, for an amount of $62,000, for a total loaned amount of $457,000.

Northern Empire Resources Corp. today announced that pursuant to receiving TSX Venture Exchange approval on its Assignment Agreement with Northair Silver Corp. and its wholly owned Mexican subsidiary to acquire certain mineral claims in the Mexican State of Durango, referred to as the El Reventon silver project, it has completed payment to Northair consisting of a cash payment of C$10,000 and the issuance of 200,000 common shares in the capital of the Company.

UC Resources Ltd., having received regulatory approval and pursuant to the news release of May 7, 2015, announcing the debt settlement, has fully satisfied and extinguished past debt owed to Sunvault Energy Inc. by the Company in the amount of $80,000 by the issuance of a total of 1,600,000 common shares of the Company at a deemed price of $0.05 per share to Sunvault.

First Majestic Silver Corp. is pleased to announce the voting results for the election of its Board of Directors at its annual general meeting held on May 21, 2015.