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MacDonald Mines Exploration Ltd. , further to its press releases dated December 14, 19 and 21, 2017, is pleased to announce that it has closed today the third and final tranche of its previously announced private placement offering of securities of the Company and has issued a further 1,260,000 FT Units and 1,000,000 Non-FT Units for gross proceeds [...]
Margaux Red Capital is pleased to announce that it has entered into a share exchange agreement dated December 22, 2017 with Sigma Lithium Resources and the shareholders of Sigma pursuant to which, among other things, Margaux will acquire all of the issued and outstanding common shares of Sigma as Margaux's Qualifying Transaction. In addition and in [...]
Matamec Explorations announced the departure of a member of its senior management team. Effective today, Mr. André Gauthier, who served as General Manager, is leaving the company to pursue new projects. He has also resigned as a board member of the Company. Mr. Gauthier joined the company in 1997. Since then, the company grew under his [...]
Greenland Resources Inc. is pleased to announce that on December 18, 2017, the Government of Greenland granted the Company exclusive mineral rights for license 2018/11. The license area contains the Malmbjerg molybdenum deposit , a world class Climax-type molybdenum deposit located in east-central Greenland. The Project was last acquired by a [...]
Genius Properties Ltd. is pleased to announce that it has closed a non brokered private placement for total gross proceeds of $1,001,800 through the issuance of 5,262,000 units of the Corporation at a price of $0.15 per Unit, for gross proceeds of $789,300 and 1,062,500 flow-through shares of the Corporation at a price of $0.20 per FT Share, for [...]
Nemaska Lithium Inc. is pleased to announce that its Board of Directors convenes the annual general and special meeting of shareholders to be held in Québec City, on Friday, February 16, 2018 at 10:00 a.m. The record date for notice of the Meeting for voting and beneficial ownership determination was set on Wednesday, January 10, 2018. The [...]
Revised to update 1,315Kg of silver produced. Maya Gold & Silver reports a production of 42,264 ounces of silver during the month of November 2017 at its Zgounder silver mine in Morocco. The integration of the flotation cells to the processing circuit is progressing on schedule and is expected to be finalized by the end of Q1 2018; increasing the [...]
Samco Gold announces that the Company intends to amend the maturity date of an outstanding convertible note in favour of Sentient Global Resources Fund IV, L.P., in the principal amount of US$500,000, to June 29, 2018, effective as of December 29, 2017. The principal amount of the note is convertible at the option of the holder into common shares [...]
Torex Gold Resources Inc. announces that its wholly owned subsidiary, Minera Media Luna, S.A. de C.V. , has received a waiver signed by BNP Paribas, as Administrative Agent, on behalf of the Lenders to lower the liquidity covenant threshold in the credit agreement of July 21, 2017, from $50 million to $30 million until January 31, 2018, with the [...]
Banro Corp. announced today that the Company and its Barbados based subsidiaries have commenced restructuring proceedings under the Companies' Creditors Arrangement Act pursuant to an initial order granted by the Ontario Superior Court of Justice on December 22, 2017 . Pursuant to the Initial Order, the Company has obtained protection from its [...]
Millrock Resources Inc. reports an amendment to the option agreement covering the Todd Creek claims, Skeena Mining District, British Columbia, whereby Millrock will issue 550,000 common shares to 802213 Alberta Ltd. . This all-share payment is made in lieu of a combination cash / share payment with a value of $135,000, or an all-cash payment of [...]
Cobalt 27 Capital announced today that, in connection with its recently completed offering of 8,100,000 common shares at an issue price of $10.50 per share on a bought deal basis, the over-allotment option granted to the underwriters has been fully exercised for an additional 1,215,000 common shares at the Offering Price for aggregate gross [...]
