Candente Gold Corp. is pleased to advise that a due diligence team has been mobilized to both the San Dieguito de Arriba processing plant near Acaponeta, Nayarit, Mexico and the historic El Dorado Mine in Las Minitas, Nayarit.
Teck will issue US$550 million principal amount of 10-year senior unsecured notes, which will bear interest at the rate of 3.900% per annum.
Orex intends to use the net proceeds of the Offering to maintain its 40% share of the Sandra Project in good standing and fund its 40% share of the upcoming work program, and for general corporate and working capital purposes.
Sable Resources Ltd. announces that the Company has appointed Kelso Cartwright as CFO.
Teck Resources Limited announced today that it has commenced cash tender offers for any and all of its outstanding 4.500% Notes due 2021, 4.75% Notes due 2022 and 3.750% Notes due 2023.
The New Year Zone diamond-drill core program was completed by Layne de Mexico under the guidance of Steve Weiss (Chief Technical Advisor) and Jonathan George (CEO), with onsite supervision by geologists from Ridgestone’s partner YQ Gold.
Pursuant to the LOI, Apollo has confirmed its intention to enter into a 3 year earn-in option with First Majestic to acquire 100% of First Majestic’s ownership in its Jalisco Group of properties, in the state of Jalisco, Mexico. The LOI is non-binding, however it is the intention of Apollo and First Majestic to enter into a Definitive Agreement within 90 days.
San Marco’s CEO, Bob Willis, states “We are excited to begin field work at the Buck property. We have a number of excellent drill targets generated through historic data compilation and are keen to get on site, evaluate their priority, and get the drill turning again.”
Shareholders voted in favour of all items of business, including the re-election of each director nominated, the ratification of the Company’s stock option plan and re-pricing of certain stock options. Smythe LLP were reappointed as auditors.
Scott Eldridge, Canarc’s CEO stated: “It is a pleasure to welcome Mr. Gill to our Canarc management team. We look forward to working with Troy to create value for shareholders through both our exploration and acquisition strategies. Canarc plans to carry out two drill programs on our projects in Nunavut and British Columbia over the next three months. We thank outgoing VP Exploration Dr. Jacob Margolis for his contributions and wish him all the best.”
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