Day: September 29, 2017

Defiance Closes Final Tranche of Private Placement

Defiance Silver Corp. is pleased to announce that, further to its news release of September 25, 2017, it has closed on the final tranche of its private placement of 890,000 Units at a price of $0.30 per Unit for gross proceeds of $267,000. These Units are subject to a four month hold period expiring January 30, 2018. In total, Defiance raised $1,725,000 under its private placement. The proceeds of the private placement will be used by Defiance to commence a drill program at the San Acacio Silver Deposit located in Zacatecas, Mexico as well as for working capital purposes.

MX Gold Corp. Announces Fully Subscribed Private Placement Financing

MX Gold Corp. is pleased to is pleased to announce that the Company has closed a non-brokered private placement. The Private Placement is subject to TSX Venture Exchange approval. The Company completed the sale of 40 Million units at a purchase price of C$0.10 per unit for gross proceeds of C$4 Million.

San Marco to Carry Out a C$1.26 Million Private Placement

Up to approximately $800,000 of the gross proceeds from the Offering will be used to continue exploration work on the Company’s properties and the balance of up to approximately $460,000 will be used for general corporate purposes. Such properties include the Chunibas Project where the Company recently announced a newly discovered porphyry-related breccia gold system and advancing the 1068 Project where the Company also recently announced high priority drill targets have been identified on this undrilled copper, molybdenum and gold porphyry system discovered from San Marco’s generative program.

Alamos Gold Declares Semi-Annual Dividend

Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a semi-annual dividend of US$0.01 per common share. This represents the Company’s 16th consecutive semi-annual dividend and once again demonstrates its commitment to returning value to shareholders.

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