Consolidated Zinc : Letter to Shareholders Rights Issue
11 September 2019 Dear Shareholder, PRO-RATA NON-RENOUNCEABLE RIGHTS OFFER As announced on 10 September 2019, Consolidated Zinc Limited (“Company”) is seeking to raise up to
11 September 2019 Dear Shareholder, PRO-RATA NON-RENOUNCEABLE RIGHTS OFFER As announced on 10 September 2019, Consolidated Zinc Limited (“Company”) is seeking to raise up to
The Company has granted 3 million incentive stock options to directors and officer and 400,000 to employees and consultants. The incentive stock options are exercisable for a period of five years at a price of $0.10.
Refrigerant manufacturer and supplier Mexichem Fluor has changed its brand name to Koura, in a move which sees its group company Mexichem adopting the name Orbia Advance Corporation.
The Company will use the net proceeds from the Offering for working capital in relation to the start-up of the Lindero project and for general working capital purposes.
We are very grateful to the constructive feedback we have received from local stakeholders, independent consultants and engineers, civil society organisations and individuals further afield that have improved the Ixtaca project over the past number of years. Our stakeholder engagement has focussed not only on supporters but has opened its doors to those known to have concerns. Our monthly technical sessions are open to all, have provided a safe environment for discussion and have made available experts in all aspects of the mining process. Our sponsorship of trips to operating mines elsewhere in Mexico have provided nearly 500 local stakeholders first-hand experience of the realities of mining.
Discovery acquired the Cordero project through its acquisition of all of the issued and outstanding shares of Levon Resources Ltd. (“Levon”) (see Discovery news release of August 2, 2019). The mineral resource estimate and Preliminary Economic Analysis (“PEA”) supporting the disclosure in the news release were completed by Levon, now a wholly-owned subsidiary of Discovery.
Vancouver, BC – September 10, 2019 – Comstock Metals Ltd. (TSX-V: CSL) (“CSL” or the “Company”) announced today that Mr. Rasool Mohammad has resigned as a
“We are pleased to have filed the maiden NI 43-101 technical report for the advanced Cocula gold project. This marks another step completed in our due diligence program, which is progressing and generating new data,” stated Karl Boltz, CEO of Silver Spruce. “The occurrence of widespread gold mineralization at surface, including grades up to 16.65 grams per tonne (g/t) gold assayed from rock chip sampling, indicate robust gold mineralization along with significant presence of lead, zinc, silver and copper.”
“We are pleased to identify a new, large, and exciting resistivity anomaly at Cinco Senores,” stated Philip O’Neill, CEO and Director of Mexican Gold. “With our strong and improved financial position, we look forward to drilling the highly-prospective Cinco Senores target in the very near future.”
Taj Singh, President and CEO, states: “In just a few short weeks we have made great strides at Cordero. We have integrated our teams, progressed well through our review of historic drilling, planned our first holes, and accelerated the start-up of our drill campaign. We are very excited to be aggressively exploring one of the world’s largest silver projects against a backdrop of rising silver prices and we are confident that our high-grade and high-margin approach at Cordero will add significant value.”
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