Month: May 2017

Argentum Silver Corp. announces that Stephen Gatensbury and David Toyoda have resigned as directors of the Company, Geoff Balderson has resigned as President and CEO of the Company and Carrie Cesarone has resigned as CFO of the Company. The board of directors would like to thank Mr. Gatensbury, Mr. Toyoda and Ms. Cesarone for their contributions to the Company and wish them every success in their future endeavours. Mr. Balderson will remain as a director of the Company.

MORRO BAY RESOURCES LTD. is pleased to announce that it has made an offer to acquire all of the issued and outstanding shares of a private company operating in the Canadian Medical Marijuana industry sector. The Offer was made on May 15, 2017 and is open for acceptance by the PrivateCo shareholders within thirty days after delivery unless otherwise extended by Morro Bay.

Evrim Resources Corp. announces that, further to its announcements on April 27 and May 1, 2017, the Company has closed the private placement. The Company has issued 14,349,760 units at a price of $0.30 per Unit for gross proceeds of $4,304,928. Each Unit consisted of one common share and one-half non-transferable share purchase warrant. Each whole warrant is exercisable into one common share at a price of $0.50 until May 19, 2020.

The Shelf Prospectus and Registration Statement, when made final and effective, will enable the Company to make offerings of up to C$75 million of common shares, warrants, units and subscription receipts or a combination thereof of the Company from time to time, separately or together, in amounts, at prices and on terms to be determined based on market conditions at the time of the offering and as set out in an accompanying prospectus supplement, during the 25-month period that the Shelf Prospectus and Registration Statement, when made final, remain effective.

Southern Silver Exploration Corp. has entered into an agreement with Gravitas Securities Inc. and such other co-agents as may be agreed to by the Lead Agent for the Company’s $5,000,000 Private Placement. The Company plans to issue up to 12,500,000 units in a brokered private placement at a price of $0.40 per Unit. Each Unit will consist of one common share and one transferable share purchase warrant, with each warrant exercisable to purchase one additional common share for a period of three years at an exercise price of $0.55 per share.