Marlin Gold Mining Ltd. announces that Mr. John Brownlie has resigned from Marlin’s board of directors. The Company’s board of directors is now comprised of Messrs. Akiba Leisman, Mike Liddell, Jesse Munoz and John Pontius.
DynaResource, Inc., a minerals investment, management, and exploration company based in Irving, Texas, with a current focus on the San Jose de Gracia high grade gold project in northern Sinaloa State, Mexico, is pleased to announce that it has closed a non-brokered direct private placement in the amount of $2.5 M USD, with one executive in the Denver, CO. area. The GN Transaction was subscribed, closed and funded on June 17, 2015. A summary of the GN Transaction is described below:
Riverside Resources Inc. is pleased to provide an update from the Companys 100% owned Tajitos Gold Project in Sonora, Mexico. Riverside announced assay results from an underground sampling program focused on the gold bearing vein system and confirmed gold values ranging from <0.05 g/t up to 17 g/t Au. The underground sampling agrees well with past surface sampling and the Company has now initiated the next stage of the program, which is further refinement of the bulk mineable targets on the Project.
BACANORA MINERALS LTD., the Canadian and London listed lithium and borates development company focused on Mexico, announces that it has received the resignation of Guy Walker as a director of the Company, which has been accepted by the Board of Directors of the Company with immediate effect.
“This additional time is intended to allow ExO to brief the Governor, Congressmen, Mayors and community leaders in the Baja California Sur State who were elected June 7 so they can thoroughly understand the details of the project and the positive effects it will have on their state and communities. It is important to demonstrate how the phosphate sands extraction initiative will bring substantial economic benefits to their constituencies and help provide a stable supply of inexpensive fertilizer to the agricultural industry and entire nation with minimal environmental impact,” commented Daniel de Narvaez, managing director of ExO in Mexico.
Geologix Explorations Inc. is pleased to announce the results of the election of its directors at the Annual General Meeting of Shareholders held on June 18, 2015.
IMPACT Silver Corp. announces the retirement and resignation of Mr. H. Walter Sellmer from the board of directors of IMPACT Silver Corp. He will also be retiring from the board of directors of Energold Drilling Corp.
All securities issued in connection with the private placement, including the finder’s warrants, are subject to a four-month hold period that expires on October 20, 2015. Net proceeds from the funds raised will be used to advance Oceanus’ La Lajita high grade gold property located in Durango, Mexico and for general working capital purposes. The private placement remains subject to final approval of the TSX Venture Exchange.
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