Seeking Alpha – On July 22, 2015 Fresnillo plc announced its H1 2015 production results. Apart from that, the company raised its full year 2015 gold production guidance to 715 – 730 thousand ounces (from 670 – 685 thousand ounces previously). In this article I am discussing the H1 2015 production results.
Silver Shield Resources Corp., announced today the closing of the first tranche of its non-brokered private placement which was announced on June 4th, 2015. One Million Five Hundred and Forty-Nine Thousand Six Hundred units were sold for gross proceeds of One Hundred and Fifty-four Thousand Six Hundred Dollars CDN.
“With the completion of this financing we have raised in excess of $3,500,000 since June,” said Chris Frostad, Director & CEO Minera Alamos Inc. “It continues to be our objective to advance the Los Verdes project into production later next year.”
Calissio Resources Group, Inc. announced today that the Company entered in to an agreement with Milagros Del Cobre Mineria S.A. de C.V. whereby Calissio Resources Group, Inc. sold 100% of its interest in San Pedro Mine. The total purchase price of USD$14,600,000 will be paid by the assumption of debt and in shares of stock of Milagros Del Cobre Mineria S.A. de C.V. and USD$7,360,000 in cash to be paid no later than February 22, 2016…
The deep oceans span more than half the globe and their frigid depths have long been known to contain vast, untapped deposits of prized minerals. These treasures of the abyss, however, have always been out of reach to miners.
Orex Minerals Inc. reports that it has applied to the TSX Venture Exchange to extend the term of the warrants issued in connection with its September 13, 2013 private placement, currently expiring September 13, 2015. Warrants to purchase 4,114,300 common shares at a price of $0.30 per share will be extended to expire on September 13, 2017, subject to TSX Venture Exchange approval.
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