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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 [...]
Anfield Resources Inc. is pleased to announce it will be changing its name to "Anfield Energy Inc." , to better emphasize its energy metals focus. In addition, Anfield will be consolidating its 209,443,580 outstanding common shares on a 10:1 basis. Both actions will take effect as of the market open on December 27, 2017. Following completion [...]
Horizonte Minerals announces that on 21 December 2017, Allan Walker, Non-Executive Director of the Company, purchased 500,000 ordinary shares at a price 4.80p per Ordinary Share . Following the Purchase, Mr. Walker is now interested in 500,000 Ordinary Shares representing 0.4% of the total voting rights of the Company. 1. Details of the person [...]
MacDonald Mines Exploration Ltd. , further to its press releases dated December 14 and 19, 2017, is pleased to announce that it has closed today the second tranche of its previously announced private placement offering of securities of the Company and has issued 1,980,000 FT Units and 1,350,000 Non-FT Units for gross proceeds of $319,500. Pursuant [...]
Lundin Gold Inc. has filed and obtained a receipt for a final short form base shelf prospectus . The Prospectus was filed with the securities regulatory authorities in each of the provinces and territories of Canada, excluding Québec, and allows the Company to offer from time to time over a 25-month period up to US$500 million of common [...]
Yamana Gold Inc. is pleased to announce it has entered into an agreement to sell certain jointly owned exploration properties of the Canadian Malartic Corporation including the Kirkland Lake and Hammond Reef properties . The Transaction is structured as a sale of assets by CMC pursuant to which Agnico Eagle Mines Ltd. will acquire all of Yamana's [...]
Galway Gold Inc. announces the resignation of Robb Doub from the Board of Directors but we are pleased to announce that Mr. Doub will remain involved with the company in his capacity as an advisor. Robert Hinchcliffe, President and CEO stated, "The Board of Directors and management would like to thank Mr. Doub for his contribution to the Company [...]