Ethos Gold Corp. announces that it has completed a non-brokered private placement for gross proceeds of $225,000. The Company issued 1,125,000 units at a purchase price of $0.20 per Unit. Each Unit consists of one common share of the Company and one common share purchase warrant with each Warrant entitling the holder to purchase one common share of the Company at a purchase price of $0.40 per share until June 10, 2021.
Kootenay President and CEO, James McDonald stated: ‘It took longer than predicted to finalize the road building and surface agreement, but with them in place drilling can now begin. Construction of a temporary camp on site for the drill crew is starting and expected to take about 10 days; during such time a drill rig will be mobilized. Drillers will arrive upon completion of the camp and drilling is expected to be underway the week of June 17th. We are very excited to be on the doorstep of drill testing Columba and hope to confirm the impressive high grades reported from historic work.’
The Company has agreed to issue a minimum of 3 million units at a price of CAD$0.12 per Unit to raise minimum gross proceeds of CAD$360,000. Each Unit will consist of one common share in the capital of the Company and one full warrant to purchase an additional common share at an exercise price of CAD$0.20 for a two-year period following the closing of the Private Placement.
GREAT PANTHER MINING LIMITED is pleased to report that Institutional Shareholder Services and Glass Lewis & Co. have both recommended that shareholders vote FOR the Company’s amended and restated Shareholder Rights Plan as well as the other proposed items to be considered at the upcoming Annual General and Special Meeting of shareholders of Great Panther.
‘Drilling at Margarita was completed on time and under budget allowing us to drill an extra 4 holes.’ commented Tom Obradovich, Sable’s President & CEO. ‘We now have a clear picture of the potential at Margarita and will be advancing the project accordingly’.
Magna Gold Corp announces that it has entered into a shares-for-services agreement with VRIFY Technology Inc. pursuant to the provisions of TSX Venture Exchange Policy 4.3. Pursuant to the Agreement, VRIFY, which provides technology services to the Company, will receive its fees by way of the issuance of common shares of the Company. The Shares will be issued at a deemed price per Share equal to the Discounted Market Price (as defined in Exchange policies) of the Shares as traded on the Exchange on the first trading date following the date the Services are provided to the Company. The Agreements are subject to Exchange acceptance.
La exploración del proyecto Juanicipio representa una inversión de 400 millones de dólares por parte de Fresnillo plc en un período de tres años.
Check the Mining State Panoramas
The promotion and dissemination as essential elements to understand and disseminate our Mineral resources, that is why today it is pleased to make the document “Mining Panorama” available to society, by state.
GeoInfoMex, is the consultation system of the Mexican Geological Service that allows users to know geoscientific information and make decisions with savings in time and resources, helping to promote mining activity.
The DOF is the organ of the Constitutional Government of the United Mexican States, which has the function of publishing in the national territory, to so that they are properly observed and applied in their respective areas of competence.
Learn about the current situation of the mining industry as well as the activities carried out by Camimex.
Mexico Mining Center © 2021 / All Rights Reserved
