Day: December 6, 2019

Minera Alamos Announces C$14 Million Royalty/Equity Construction Package With Osisko Gold Royalties

“We appreciate the ongoing support and backing that our operating team has received from Osisko Gold Royalties”, stated Darren Koningen, CEO. “This financing package allows the Company to begin its transition from gold project developer to gold producer. Today’s news sets the stage for an extremely busy and exciting 2020 as our team executes our business plan to the benefit of all our shareholders.”

San Marco Revises Flow-Through Share Private Placement

San Marco Resources Inc. announces that it has revised its non-brokered flow through private placement announced October 9, 2019. The private placement now consists of 266,667 shares at a price of $0.15 each. The shares will qualify as “flow-through” shares under the Income Tax Act (Canada).

Prospero Reports on Management Change

Prospero Silver Corp announces that David Huffer has tendered his resignation as Chief Financial Officer to pursue other business opportunities. Prospero is seeking a potential successor to join the management team in the capacity vacated by Mr. Huffer.

Mammoth Provides Update on Activities at its Tenoriba Gold Property, Mexico

Thomas Atkins, President and CEO of Mammoth commented on activities at Tenoriba, stating: “Centerra returned to the area in mid-October to renew its consultation efforts with the objective of formalizing surface access agreements with both of the two ejidos and the re-initiation of exploration activities on the property as soon as possible. Two additional meetings are scheduled this year to advance this process with the two ejidos.”

All News