Month: April 2016

Total production in Q1 was 37,958 gold equivalent ounces(1), a 14% increase over Q1 2015.

Increased production guidance for 2016 to 144,000 gold equivalent ounces.

Acquired the Net Smelter Return (NSR) royalty on our El Gallo Mine and El Gallo Silver deposit.

Strong balance sheet: $43 million(2) in liquid assets and no debt!

The Corporation also announced today that it has been granted conditional approval – subject to shareholder consent – by the Canadian Securities Exchange to implement the Corporation’s proposed change of business from a “Mining & Exploration” company to a “Merchant Bank” and its proposed name change from “Silver Shield Resources Corp.”, to “Gunpowder Capital Corp”.

La firma siderúrgica suministrará 73 mil toneladas de placa a la empresa Tubacero para la instalación de la tubería que irá de Webb, Texas, al municipio de Escobedo, Nuevo León.

“The closing of this first tranche of the financing allows for the Company to complete the La Fortuna Acquisition and immediately proceed with the final stages of project development”, said Chris Frostad, Chief Executive Officer of Minera Alamos. “Due to the project’s advanced stage, we can now rapidly complete the Feasibility Study that will form the basis of a construction decision.”

Northair Silver Corp. and Kootenay Silver Inc. are pleased to announce that Northair obtained a final order from the Supreme Court of British Columbia today approving the previously announced business combination, pursuant to which Kootenay will acquire Northair. See the joint news releases dated January 13 and February 8, 2016 for further details.

IMPACT Silver Corp. is pleased to announce that it has closed its private placement announced April 8, 2016. The placement raised a total of $620,000 by the issue of 2,000,000 shares of the Company at a price of $0.31 per share.

Mr. Michael Steinmann, President and CEO of Pan American said, “This transaction represents an attractive opportunity for Pan American to unlock value for a group of its assets that have gone largely unrecognized by the market as a number of them are not in production and are widely dispersed in our company. As the majority shareholder, Pan American will maintain meaningful upside exposure and leverage to these assets, and to Maverix’s ability to grow the portfolio, led by a trusted and experienced management team.”

“This financing will be used to finalize the acquisition and complete the development of the La Fortuna gold project in Durango Mexico,” said Chris Frostad, Chief Executive Officer at Minera Alamos. “Today’s first tranche will allow us to close the acquisition and position us to complete the remaining financing in the coming weeks”.