Canuc Closes Non-Brokered Private Placement
Canuc Resources Corporation is pleased to announce the closing of a non-brokered private placement for gross proceeds of $680,000 CAD.
Canuc Resources Corporation is pleased to announce the closing of a non-brokered private placement for gross proceeds of $680,000 CAD.
Shawn Howarth, President and CEO commented, “Excellon has a long history of operational excellence in Mexico. The acquisition of La Negra will be transformational for Excellon, with the goal of returning the Company to producer status on an accelerated timeline.”
Excellon Resources Inc. is announcing that its Board of Directors has approved the voluntary delisting of the Excellon common shares from the NYSE American stock market and the deregistration with the U.S. Securities and Exchange Commission.
Pursuant to the Strategic Investment, Vizsla acquired (i) a right of first refusal to purchase the Palos Verdes project from Prismo, and (ii) 4,000,000 units of Prismo at a price of $0.50 per Prismo Unit, for aggregate consideration of $2,000,000.
Mike Struthers, CEO commented: “We have been very pleased with the progressive improvements in the pre-production plant performance at Tahuehueto, thanks largely to the team on site and helped by the mining of higher-grade ores from the Creston vein. Early pre-production was largely from stockpiled material, and some of this was partially oxidized which impacted on the plant performance.”
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