Day: April 6, 2018

Bacanora Provides Sonora Project Update

BACANORA MINERALS LTD. (AIM:BCN) is pleased to provide an update on activities at its flagship Sonora Lithium Project in Mexico. This update is in line with the Company’s objective to commence the construction of a 35,000 tpa lithium carbonate operation at Sonora in H1 2018, targeting first production in Q1 2020. A recently completed Feasibility Study demonstrated Sonora’s potential to become a leading supplier of high value lithium products to fast-growing industries, such as electric vehicles and energy storage. The FS demonstrated strong economics of US$1.25billion NPV; 26.1% IRR; and life of mine gross operating costs of US$3,910/t Li2CO3, which are comparable to those of the low cost brine producers of South America.

Equinox Gold Announces Symbol Change on OTC Markets

At market open today the Company’s common shares and warrants will trade under the symbols “EQXGF” and “EQXWF”, respectively, on the OTC Markets. Equinox Gold’s common shares and warrants will continue trading under the symbols “EQX” and “EQX.WT”, respectively, on the TSX Venture Exchange.

The Blockades Have Ended Full Access to All Company Facilities Restored

Fred Stanford, President & CEO of Torex stated: “We are more than pleased that we can now get back to unimpeded operations and value creation for the Company’s shareholders and all stakeholders. During the first quarter, the quality of the team, and the asset, were clearly evident as they pulled together under very challenging operating conditions and produced 67,000 ounces of gold in Dore. They also shipped 8000 gold ounces in carbon fines.Looking forward, the operations are well positioned to complete the ramp-up in 2018 and to move forward with optimization and development initiatives.” He added; “A special thanks goes out to the employees, community members, community leaders, and so many others who have provided the support that was necessary to facilitate production during this difficult period, and to peacefully resolve this dispute over union representation.”

Avino Announces Flow-Through Share Offering

Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American, GV6: FSE) is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation to act as lead agent and sole bookrunner in connection with a best efforts private placement offering of flow-through common shares at an offering price of CDN $2.00 per FT Share for aggregate gross proceeds of up to CDN $5,000,000. The Company will also grant to CFCC an option, exercisable in whole or in part at any time up to two days prior to the Closing Date to arrange for the purchase at the offering price of up to an additional 500,000 FT Shares, or up to a further CDN $1,000,000 in gross proceeds.

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