Infinitum Copper Corp. is pleased to announce that it has received acceptance from the TSX Venture Exchange of the previously announced consolidation of the issued and outstanding common shares of the Company at a ratio of two pre-consolidation Common Shares for one post-consolidation Common Shares.
Paul Weedon, Senior Vice President of Exploration, commented, “Drilling on the Yessi vein, since the initial discovery hole in August 2023, has continued to establish a well-defined system, with recent results such as 1,327 g/t Ag Eq over an estimated true width of 3.0 meters from 604.85 meters in SJO-1444 and 1,036 g/t Ag Eq over an estimated true width of 8.1 meters including 2,910 g/t Ag Eq in SJO-1460 highlighting the potential for high-grade shoots.”
Eric Sprott announces that today, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, purchased 388,500 common shares of Discovery Silver Corp. over the Toronto Stock Exchange (representing approximately 0.1% of the outstanding shares on non-diluted basis) at a price of $0.90 per share for aggregate consideration of $349,650.
Excellon Resources Inc. is pleased to announce that, further to the Company’s news release dated April 4, 2024, it has closed the first tranche of its previously announced non-brokered private placement offering of units of the Company for aggregate gross proceeds to the Company of approximately $709,574.
“We are excited to be able to move ahead with our El Oro Tailings Project,” says Joanne Freeze, President and CEO of Xali Gold. “With KCA’s experience in Mexico, and their proprietary recovery process, we anticipate a fairly rapid development timeline.”
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