Frank Kordy Interim CEO stated: “I am very pleased to have been able to make this investment. Rock Vapor has in our opinion an incredible brand and management team in place that we see leading in the e-cigarette industry. Rock Vapor plans to go public in 2016 and we expect to see a substantial return on our investment.”
At the end of October, Arian shares were suspended from trading after the company said its loan note amendment agreement it was set to reach with Quintana AGQ Holding Co LLC had been terminated. Arian shares were down 83% to 1.93 pence per share on Tuesday morning. The stock has traded as high as 52.71p in the past 52-weeks.
Unlike any previous drilling, strong gold and tungsten mineralization was cut in the final hole, which was drilled farther east than any previous drilling. Hole SA15-35 (See Map in Figure 1 and Table 1), cut two zones of coherent gold mineralization at 895-931 metres downhole depth: 9.33 m grading 1.01 g/t gold; including 0.88 m grading 3.6 g/t gold and 8.07 m grading 1.36 g/t gold; including 2.31m grading 2.96 g/t gold. These zones occur in scheelite-bearing skarn which extends from approximately 650 m to 931 m downhole depth. The highest grade tungsten (“W”) is 0.9 m of 0.38%. A broad zone of dispersed zinc mineralization (29.9 m grading 0.5%) lies just above the gold zone. Check-assaying at SGS confirms these gold results.
Commenting on Mr. Burns’ retirement, Ross Beaty, Chairman, said, “After a very productive 12 years with Pan American, Geoff is passing the CEO baton to Michael Steinmann. Geoff was instrumental in helping build Pan American into the world’s second largest primary silver producer. He also played a vital role in assembling and retaining one of the most respected professional teams in our industry. On behalf of the Board of Directors, I would like to thank Geoff for all his years of outstanding dedication and service and wish him the best in his future. We are glad to be able to continue to tap into his knowledge.”
Further to its news release of November 24, 2015, Starcore International Mines Ltd. announces that it has received confirmation from the Toronto Stock Exchange that effective at the opening of trading on Monday, December 14, 2015, the shares of the Company will commence trading on a one-for-four consolidated basis. Having received Toronto Stock Exchange acceptance for the share consolidation, on the Effective Date, the Company will have approximately 45,153,648 common shares issued and outstanding, subject to adjustment for fractional shares.
“We feel great remorse over the loss of our colleague Enrique Ortiz, an experienced underground miner at our San Dimas mine,” said Ernest Mast, President and Chief Operating Officer. “Work-related losses are felt deeply by the Primero and Tayoltita communities and we send our deepest sympathies to Enrique’s family and friends. The safe operation of our mines remains Primero’s top priority, and we will continue to work hard to eliminate all work-place accidents.”
El Gobernador Héctor Astudillo Flores ha reconocido que en Carrizalillo hay un desencuentro entre dos grupos de ese pueblo. Ha dicho que es un lugar que se ha convertido en algo muy delicado y [al que] hay que ponerle mucho cuidado. Pero el oro de una mina, una de las más productivas de América Latina, podría ser la razón de una guerra que deja ya muchos muertos.
Geologix Explorations Inc. has been advised by the Toronto Stock Exchange that, as a result of both the Company’s current share price and lack of exploration activity in 2015, the Company may no longer meet the Exchange’s continued listing requirements. Geologix has until April 8, 2016 to meet such listing requirements. Geologix intends to apply for a listing of its common shares on the TSX Venture Exchange. Assuming this application is successful, the Company will subsequently delist its shares from the Toronto Stock Exchange.
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. Rapschs 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.
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