Day: December 22, 2017

GoGold Resources Inc. is pleased to announce the release of financial results for the quarter and year ending September 30, 2017 with revenue of $17.0 million (All amounts are in U.S. dollars) from the sale of 502,804 silver ounces and 7,313 gold ounces during the year.

Primero Mining Corp. today announced that the Company has agreed with its lenders to an extension of its revolving credit facility and guarantee provided by Wheaton Precious Metals Corp., previously maturing on December 22, 2017. The maturity of the RCF has been extended to January 11, 2018, providing the Company with the ability to continue negotiations surrounding its previously announced strategic review process and the possible divestiture of its San Dimas mine in Mexico. There can be no certainty that these discussions will result in a resolution acceptable to all stakeholders.

INFINITE LITHIUM CORP. is pleased to announce that it has closed its previously announced private placement of units for aggregate gross proceeds of $4,830,000.

Fred Stanford, President & CEO of Torex stated: “A frequently asked question we have received is whether we would breach the liquidity covenants of our Credit Facility. This no cost waiver to temporarily reduce the liquidity covenant is helpful in that it extends the time before liquidity becomes a covenant breach risk. The high quality of support that the Lenders have provided is appreciated and has been consistent throughout their relationship with Torex.” He added, “This month we also received VAT returns of US$13 million, which has helped to reduce liquidity risks.”