Reyna Silver Corp. is pleased to announce that due to significant investor demand, the Company has increased the size of its previously announced “best efforts” private placement from C$3,000,000 to C$4,000,000 from the sale of up to 11,111,111 units of the Company at a price of C$0.36 per Unit.
Sonoro Gold Corp. is pleased to announce that it will undertake a non-brokered private placement offering consisting of up to 13,500,000 units at a price of C$0.15 per Unit, for gross proceeds of up to C$2,025,000.
Discovery Silver Corp. announces that Taj Singh, President and Chief Executive Officer, has stepped down from his position as President and Chief Executive Officer and has resigned from the Board of Directors for personal reasons.
Silver Viper Minerals Corp. is pleased to announce that the Company intends to undertake a non-brokered private placement financing to raise gross proceeds of up to $3,000,000 from the sale of up to 15,000,000 units at a price of $0.20 per Unit, each Unit consisting of one common share of the Company and one-half of one warrant.
Silver Spruce Resources Inc. announced today a private placement of up to 12,000,000 units at a price of $0.025 per unit for gross proceeds of up to $300,000.
Dr. Chris Wilson, Chief Operating Officer and Director of Zacatecas , comments “Our technical team is excited to have commenced verification and bulk sampling of historical core and RC chips. The core and RC chips have been stored in a secure facility and is of excellent quality. All original historical drill logs, geotechnical data and sample data is available and is also of a very high standard.”
Benjamin Hill Mining President Greg Bronson stated: “The El Fierro area hosts several prospective mineralized veins that have returned encouraging copper and gold assays from near surface intervals. Additionally, good gold assays at depth confirm a metals enriched hydrothermal system that merits further investigation”.
Goldgroup Mining Inc. is pleased to announce that the Company has increased its previously announced private placement financing (see news release dated April 19, 2022) from 18,000,000 units of the Company to 19,542,857 Units at a price of $0.035 per Unit for aggregate gross proceeds of up to approximately $684,000.
It should be noted that the analysis of the company’s deposits show that the composition of the mineralization is approximately equal parts lithium and potassium. While lithium is covered by this new legislation in Mexico, potassium is not.
“The Napoleon southern extension continues to be the primary target for near-term resource growth within the Napoleon Vein Corridor,” commented Michael Konnert, President and CEO.
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