SSR Mining Inc. announces the appointment of Ms. Elizabeth A. Wademan and Mr. Simon A. Fish, to its Board of Directors (“Board”). The Board approved the appointments to strengthen its expertise in the areas of the international capital markets, legal and corporate governance. The appointments are effective January 1, 2018.
Brian Metzenheim, Gainey Capitals VP of Exploration commented, The style of mineralization found in the shears may represent the upper extents of a moderately sized porphyry deposit that could host economic grades of copper, gold, and silver. I am encouraged by the regional distribution of the shears and the consistency of grades and alteration hosted by them and look forward to initiating exploration work on the project.
SilverCrest Metals Inc. is pleased to announce the completion of the bought deal private placement offering announced on November 30, 2017 whereby the Company issued a total of 9,572,810 units of the Company at a price of $1.05 per Unit for gross proceeds of $10,051,450. Each Unit consists of one common share of SilverCrest and one-half of one common share purchase warrant. Each Warrant entitles the holder to acquire one common share of SilverCrest at an exercise price of $1.45 until December 19, 2019. The Offering includes exercise in full of the underwriters option to purchase additional Units at $1.05 per Unit.
Marlin Gold Mining Ltd. is pleased to announce that it has obtained a final order from the Supreme Court of British Columbia dated December 18, 2017 to implement the Companys previously announced plan of arrangement to reorganize its business, including the spin-off of its wholly-owned subsidiary, Sailfish Royalty Corp.
Gary Cope, President of Orex states, “We are very pleased to bring in a respected and major mining company, as their involvement validates Sandra Escobar and there is still potential for significant upside at the project. We look forward to working closely with both our partners and unlocking future value for our shareholders.”
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