Day: May 17, 2018

SilverCrest Metals Inc. is pleased to announce the completion of its prospectus offering announced on April 26, 2018 whereby the Company issued a total of 8,214,450 common shares at a price of $2.10 per common share for gross proceeds of $17,250,345, including exercise of the over?allotment option in full. The Offering was led by PI Financial Corp. and Cormark Securities Inc., and included Beacon Securities Limited, Eight Capital, National Bank Financial Inc., BMO Capital Markets, Desjardins Securities Inc. and Canaccord Genuity Corp. as underwriters. The Company paid the underwriters a cash commission of up to 6% of the gross proceeds of the Offering.

Canuc Resources Corporation (TSX-V: CDA) is pleased to advise that it has signed a letter of intent to acquire Full Circle Energy Ltd., an Ontario Corporation. Full Circle’s principal corporate assets consist of 6 sections of undeveloped oil prospective acreage in southwest Saskatchewan, and a Farmin agreement that references a further 6.3 contiguous sections of adjacent land.

Argonaut Gold Inc. (TSX: AR) reports that the Judiciary court hearing with respect to the Company’s explosives permit for its La Colorada mine has been rescheduled to June 4, 2018.

Mexus Gold US (OTCQB: MXSG) announced today that it has wired $183,333 due JMJ Financial closing the current outstanding debt agreement prior to the expiration date.