Month: June 2019

Aura Minerals Announces 2019 AGM Results

Aura Minerals Inc. announces the results of the votes held at the Annual General Meeting of Shareholders held on May 31, 2019 in Road Town, Tortola, British Virgin Islands.

IMPACT Silver Samples 19.5 g/t Gold over 1.2 meters true width Announces the Results of Surface Exploration on the Manto America Gold Target

The Manto America area hosts the strongest gold soil geochemical anomaly on IMPACT’s claims and extends over an area 3.5 km east-west and 900m north-south. It is located 10km south of the operating Guadalupe processing plant and 7 km north-northeast of the Capire processing plant. The area is being mapped and sampled by IMPACT and to date 33 rock samples greater than 2.0 g/t Au have been collected from historic artisanal underground workings and surface with values up to 19.5 g/t Gold over a true width of 1.2m.

Ethos Gold Announces Closing of Private Placement

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 Reports Columba Access Road and Surface Access Agreement Completed

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.’

Aztec Minerals Arranges Private Placement Financing

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 Receives Favourable Recommendations from Two Independent Proxy Advisory Firms, Glass Lewis and ISS for All Resolutions at the Upcoming Annual General and Special Meeting

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.

Sable Completes Stage II Drilling at Margarita Discovery

‘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 Shares For Services Agreement

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.

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