Day: December 10, 2015

Millrock Resources Inc. reports that the non-brokered private placement announced on November 20, 2015 and subsequently increased has closed. A total of 8,321,509 Units at a price of $0.16 per Unit have been issued for gross proceeds of $1,331,441.44. Each Unit consists of one common share and one share purchase warrant, with each Warrant entitling the holder thereof to purchase one additional common share at a price of $0.22 per common share until December 10, 2016, thereafter at a price of $0.30 per common share until December 10, 2017 and thereafter at a price of $0.40 per common share until December 10, 2019.

Mr. Rapsch has a decade of in-depth investor relations and corporate communications experience. He joins SilverCrest Metals after four years at SilverCrest Mines Inc. which was recently acquired by another precious metal producer. He was responsible for the implementation, management and execution of all marketing and investor relations related programs, including but not limited to communicating with retail and institutional investors across North America and Europe. During Mr. Rapsch’s tenure at SilverCrest Mines it was nominated as a finalist at the 17th annual IR Magazine Reward in the category for “Best IR by a TSX Venture Exchange-listed company” in 2014.

“John leaves a long, distinguished legacy in our industry and as a member of our Board of Directors for which we are eternally grateful,” said Ted Crumley, Hecla’s Chairman. “He will be deeply missed by his fellow Board members and everyone at Hecla. We send our deepest condolences to his family.”