ALL NEWS RELEASES

  • Timmins Gold Completes Caballo Blanco Transaction

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 22, 2016) - Timmins Gold Corp. (TSX:TMM)(NYSE MKT:TGD) ("Timmins" or the "Company") is pleased to announce the completion of the sale of the Caballo Blanco Gold Project in Veracruz, Mexico announced on May 11, 2016 with Candelaria Mining Inc. About Timmins GoldTimmins Gold is a Canadian gold mining company engaged in exploration, development and production exclusively in Mexico. Its principal assets include the Read More

  • Osisko Mining Inc. Decrease Equity Interest in Metals Creek Resources Corp.

    TORONTO, ONTARIO--(Marketwired - July 22, 2016) - Osisko Mining Inc. (TSX:OSK) (the "Corporation") announces that it has disposed of an aggregate of 1,295,000 common shares of Metals Creek Resources Corp. ("Metals Creek") at an average price of approximately $0.1034 per share for total consideration of $133,891.50 (the "Transaction"). Immediately prior to the Transaction, the Corporation had beneficial ownership and control of an aggregate of 4,930,000 common shares of Read More

  • Calibre Mining and Centerra Gold Continue to Advance Siuna Project; Receive Positive Metallurgical Results From Cerro Aeropuerto

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 22, 2016) - Calibre Mining Corp. (TSX VENTURE:CXB) (the "Company" or "Calibre") is pleased announce the Company and Centerra Gold Inc. ("Centerra") continue to advance the Siuna Project, which includes the La Luz targets and the Northern Siuna area, located in Northeast Nicaragua. Centerra can earn a 70% interest in the 253 km2 Project area by investing a total of $9.0 million in Read More

  • Noram Encounters Large Historical Bore Hole on Its Hades Lithium Claim Group in Nevada's Clayton Valley

    VANCOUVER, BC / ACCESSWIRE / July 22, 2016 / Noram Ventures Inc. (TSX-V: NRM and Frankfurt: N7R) ("Noram" or the "Company") is pleased to report that a large previously drilled bore hole has been encountered during initial Phase I surface and sub-surface sampling on its Hades lithium/clay claim group (Photo 1). The Hades claim group is located ~5 kilometers south of Albemarle's Silver Peak Lithium Mine, which has been Read More

  • Goldrea Resources Signs Definitive to Acquire Lithium Prospect in Gaspe Peninsula, Quebec

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 22, 2016) - Goldrea Resources Corp. (CSE:GOR)(FRANKFURT:GOJ)(OTC PINK:GORAF) announces that it has signed a definitive agreement to complete the acquisition of the previously announced Gaspe Lithium property located on the Gaspe peninsula in eastern Quebec. (news release June 28,2016) The property is located approximately 75 kilometers northwest of the city of Gaspe, Quebec, in NTS map sheet 22H03 and covers historically reported elevated Read More

  • Carube Copper Announces Initial Drill Results from Bellas Gate and Above Rocks Joint Ventures

    Ottawa, Ontario--(Newsfile Corp. - July 22, 2016) - Carube Copper Corp. (TSXV: CUC) is pleased to announce recent initial drill results from the Bellas Gate and Above Rocks Joint Ventures in Jamaica. The 2016 exploration programs at both JVs are being operated by OZ Minerals Limited, a $1.9B Australian copper producer. Highlights of recent drilling: Drilling at Bellas Gate is presently focused on the Provost Prospect where initial Read More

  • Tudor Gold Closes the Acquisition of the Fairweather, Delta and High North Properties

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 22, 2016) - Tudor Gold Corp. (the "Company" or "Tudor Gold") (TSX VENTURE:TUD) further to the Company's news release dated May 24, 2016 Tudor Gold wishes to announce it has received TSX Venture Exchange approval and closed the acquisition, subject to applicable royalties, of a 100% interest in the Fairweather, Delta and High North properties all situated in the Golden Triangle area near Read More

  • Cariboo Rose Commences Exploration at the Canadian Creek Gold Project, Yukon

    Vancouver, BC / TheNewswire / July 22, 2016 - Cariboo Rose Resources Ltd. (TSX-V: CRB) ("Cariboo Rose") has initiated the 2016 exploration program on its 100% owned Canadian Creek Gold project located in the Yukon Territory. Cariboo Rose's Canadian Creek Project is located 150 km south of Dawson City and borders, to the south of, Goldcorp Inc.'s (TSX: G, NASDAQ: GG) Coffee Gold property. Goldcorp recently acquired the property Read More

  • Eco Oro Minerals announces investment by Tenor Capital

    /NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES./ VANCOUVER, July 22, 2016 /CNW/- Eco Oro Minerals Corp. ("Eco Oro" or the "Company") (TSX: EOM) is pleased to announce that it has entered into an investment agreement (the "Agreement") with Trexs Investments, LLC (the "Investor"), an entity managed Read More

  • Rockcliff Announces $1.75 Million Non-Brokered Private Placement

    TORONTO, ONTARIO--(Marketwired - July 22, 2016) - Rockcliff Copper Corporation ("Rockcliff" or the "Company") (TSX VENTURE:RCU) today announced that the Company is offering up to 25,000,000 units of the Company at a price of $0.07 per unit for up to $1,750,000 (the "Offering"). The proceeds from the Offering will be used to fund a significant drill program at the Company's two principal properties, the Talbot Property and the Read More

  • Komet Resources Signs Market Making Agreement With Questrade

    QUEBEC CITY, QUEBEC--(Marketwired - July 22, 2016) - Komet Resources Inc. (TSX VENTURE:KMT) ("Komet" or the "Company") announces that it has entered into an agreement with Questrade, Inc. to provide market making services in accordance with all applicable TSX Venture Exchange policies and securities laws and regulations. Questrade will be paid $5000 per month on a 12 month term contract, terminable upon either party giving at least 30 Read More

  • Marlin Gold Closes Non-Brokered Private Placement

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 22, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES Marlin Gold Mining Ltd. (TSX VENTURE:MLN) ("Marlin" or the "Company") is pleased to announce that it has completed its previously announced non-brokered private placement of common shares (the "Equity Offering"). Pursuant to the Equity Read More

  • Coral Reports Voting Results of Annual General and Special Meeting

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 22, 2016) - Coral Gold Resources Ltd. (TSX VENTURE:CLH)(OTCBB:CLHRF)(BERLIN:GV8)(FRANKFURT:GV8) ("Coral" or the "Company") is pleased to report the following voting results in accordance with Section 11.3 of NI 51-102 Continuous Disclosure Obligations. This report briefly describes the matters voted upon and the outcome of the votes at the Annual General and Special Meeting of Shareholders of the Company held on July 22, 2016: Read More

  • Equitas Resources Announces Non-Brokered Private Placement

    Vancouver, BC (FSCwire) - Equitas Resources Corp. (“Equitas” or the “Company”) (TSXV: EQT) (US: EQTRF) (Frankfurt: T6UN) is pleased to announce that it has arranged a non-brokered private placement. It is anticipated that insiders of the Company plan to participate for not more than 25% of the placement. The arrangement is for up to 4,500,000 units (“Units”) of the Company at a price of $0.10 per Unit Read More

  • Endurance Closes First Tranche of Private Placement

    Vancouver, British Columbia (FSCwire) - Endurance Gold Corporation (EDG – TSX.V, “Endurance”) announces that it has closed the first tranche of the non-brokered private placement (the “Offering”) announced on June 30, 2016.  The first tranche of the Offering consists of aggregate gross proceeds of $239,640.  The Company will issue 3,994,000 units (the “Unit”) at a price of $0.06 per Unit in the first tranche.  Each Unit is comprised Read More

  • Serengeti Announces Oversubscription of Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 22, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Serengeti Resources Inc. (TSX VENTURE:SIR) Further to the Company's news release of July 13, 2016 wherein it was announced that the Company had arranged a non brokered private placement to raise gross proceeds of up to CDN $500,000 (the "Offering"), the Company reports that due Read More

  • Rosita Mining Closes $850,000 Private Placement

    Toronto, Ontario / TheNewswire / July 22, 2016: Rosita Mining Corporation (RST: TSX-V) ("Rosita" or the "Company") is pleased to announce that it has closed its previously announced non-brokered private placement (the "Private Placement"). Pursuant to the Private Placement, the Company issued 17,000,000 units ("Unit") at a price of $0.05 per Unit for gross proceeds of $850,000. Each Unit is comprised of one common share and one common Read More

  • Copper North Completes Private Placements and Announces Management Changes

    VANCOUVER, BC--(Marketwired - July 22, 2016) - NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES Copper North Mining Corp. ("Copper North" or the "Company") (TSX VENTURE: COL) announces the completion of the non-brokered private placements, most recently announced on June 30, 2016 (the "Private Placements") and the appointment of Rebecca Moriarty, CPA, CA as Chief Financial Officer. PRIVATE PLACEMENTS On July 21, 2016, the Company Read More

  • Gold Fields Appoints Two New Directors

    JOHANNESBURG, July 22, 2016 /CNW/ - Gold Fields Limited (Gold Fields) (JSE, NYSE: GFI) is pleased to announce the appointments of Alhassan Andani and Peter Bacchus as independent non-executive directors to the Board of Gold Fields. This brings to four the announcements of new non-executive directors to the Gold Fields Board over the past two months. The appointment of Mr Andani takes effect on 1 August 2016 Read More

  • Great Bear Resources Appoints New Directors

    July 22, 2016 / TheNewswire / Vancouver, BC, Canada. - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) is pleased to announce the appointment of Dr. David Terry, P.Geo, and Mr. Douglas Ramshaw to the Company's Board of Directors. Chris Taylor, Great Bear's President and CEO said, "Skilled people are among the most important assets a company can have, and the Great Bear family has just Read More

  • American Creek Reports That Tudor Gold Corp. Has Expanded the Electrum Property Drill Program

    CARDSTON, ALBERTA--(Marketwired - July 22, 2016) - American Creek Resources Ltd. (TSX VENTURE:AMK) ("American Creek") is pleased to report that its JV partner, Tudor Gold Corp. (TSX VENTURE:TUD) ("Tudor") is expanding the previously announced 2016 exploration program on the Electrum Property in the "Golden Triangle" of NW British Columbia 45km north of Stewart. American Creek and Tudor recently entered into a joint venture agreement with Tudor holding a Read More

  • Geomega Resources Inc.: Corporate Update

    MONTREAL, QUEBEC--(Marketwired - July 22, 2016) - In light of a large volume of inquiries submitted to the Company by shareholders in the last 48 hours concerning a press release issued by the Autorité des marchés financiers ("AMF") on July 15, 2016, Geomega Resources Inc. ("GéoMégA" or the "Company") (TSX VENTURE:GMA) would like to make the following clarifications; As mentioned in the AMF press release, GéoMégA is not Read More

  • Falcon Gold Proceeding with Share Consolidation; Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - July 22, 2016) - FALCON GOLD CORP. (TSXV: FG) ("Falcon" or the "Company") announces that subsequent to receiving shareholder approval of a 5 for 1 share consolidation on January 14, 2016, management is proceeding to complete the consolidation. The Company currently has 42,185,496 common shares issued and outstanding. Subject to exchange acceptance, the resulting post consolidation shares outstanding will be 8,437,099. The exercise Read More

  • ALX Uranium Announces Lon Shaver Joins Advisory Board -Stock Options Granted

    Vancouver, B.C. (FSCwire) - ALX Uranium Corp. (“ALX” or the “Company) (TSXv: AL; FSE: 6LLN; OTCQX: ALXEF) is pleased to announce that Mr. Lon Shaver has joined the Company’s Advisory Board. Mr. Shaver has almost 20 years of experience in the Canadian mining sector, including investment banking roles with Raymond James Ltd., Merrill Lynch Canada Inc. and Midland Walwyn Capital Inc., where he completed numerous financing and Read More

  • RTG Mining Announces Issue of US$15 Million Placement Shares July 22, 2016

    Not For Distribution to United States News Wire Services or For Dissemination in the United States Subiaco, Western Australia (FSCwire) - RTG Mining Inc. (TSX: RTG, ASX: RTG) (“RTG” or the “Company”) is pleased to announce that it has successfully completed the issue of approximately 33 million shares at a price of A$0.60 per share to institutional and sophisticated investors pursuant to  the private placement announced by Read More

  • Centurion Closes $546,000 First Tranche of Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - July 22, 2016) - Centurion Minerals Ltd. (TSXV: CTN) ("Centurion", or the "Company") is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement and issued 10,920,000 Units priced at $0.05 for total gross proceeds of $546,000. Each Unit consists of one common share and one 2 year common share purchase warrant. Each warrant will be Read More

  • Osisko Mining Files Early Warning Report In Respect of Bonterra Resources

    TORONTO, ONTARIO--(Marketwired - July 22, 2016) - Osisko Mining Inc. (TSX:OSK) (the "Corporation") announces that it has filed an early warning report in respect of its holdings in BonTerra Resources Inc. ("BonTerra"). On, July 7, 2016, the Corporation acquired, by way of a private placement of BonTerra (the "Private Placement"), ownership and control over 1,500,000 units of BonTerra ("Units") at a price of $0.50 per Unit for total Read More

  • Skeena Closes Third and Final Tranche of Financing

    VANCOUVER, BC--(Marketwired - July 22, 2016) - Skeena Resources Limited (TSX VENTURE: SKE) ("Skeena" or the "Company") is pleased to announce, subject to approval by the TSX-Venture Exchange, the closing of the third and final tranche of the over-subscribed, non-brokered private placement financing announced on June 9, 2016, for gross final tranche proceeds of CDN$1,638,171. Together with the first and second tranches, Skeena has raised gross proceeds of Read More

  • Wildcat Exploraiton Closes Private Placement

    Vancouver, British Columbia / TheNewswire / July 22, 2016: Wildcat Exploration Ltd, "the Company", (TSX-V: WEL) is pleased to announce that further to its news releases dated July 15, 2016 and July 22, 2016, the Company has closed its private placement offering raising gross proceeds of $1,734,995. The Company issued 31,545,363 units and paid finder's fees in the amount 3,074,536 units in connection with the private placement, subject Read More

  • Osisko Mining Decreases Equity Interest in IDM Mining

    TORONTO, ONTARIO--(Marketwired - July 22, 2016) - Osisko Mining Inc. (TSX:OSK) (the "Corporation") announces that, through a series of trades ending on July 21, 2016, it disposed of an aggregate of 6,251,500 common shares of IDM Mining Ltd. ("IDM Mining") through the facilities of the TSX Venture Exchange at an average price of approximately $0.2205 per share for total consideration of $1,378,758.50 (the "Transactions"). Immediately prior to the Read More

  • Golden Hope Mines Announces Results of the Annual General Meeting and the Passing of Theodore (Teddy) Polisuk

    Montreal, QC / TheNewswire / July 22, 2016 - Golden Hope Mines Limited is pleased to announce that all matters put forward to the shareholders for approval at its 2016 Annual General and Special Meeting ("AGM") held on July 22nd 2016 in Montreal, Quebec were passed. At the AGM, the following individuals were re-elected as the directors of the Company: Larry Hoover, Chairman, Frank Candido, President, Michael Zurowski, Roy Read More

  • Teras Announces Increase to and Closing of Unit Private Placement

    CALGARY, ALBERTA--(Marketwired - July 22, 2016) - Teras Resources Inc. ("Teras" or the "Company") (TSX VENTURE:TRA): announces that it has increased the size of its previously announced non-brokered private placement of units (each a "Unit"). In addition, Teras announces that it has completed the closing of the private placement of Units, subject to final approval of the TSX Venture Exchange. Teras issued 9,454,332 Units at a price of Read More

  • Candelaria Mining Completes Acquisition of Caballo Blanco Gold Project

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 22, 2016) - NOT FOR DISTRIBUTION TO THE UNITED STATES OR TO US NEWSWIRE SERVICES Candelaria Mining Corp. (TSX VENTURE:CXX) ("Candelaria" or the "Company") is pleased to announce the completion of the acquisition of the Caballo Blanco Gold Project in Veracruz, Mexico from Molimentales Del Noroeste, SA de CV, a subsidiary of Timmins Gold Corp. Pursuant to the terms of the agreement, Candelaria Read More

  • Pretium Resources Announces Mineral Resource Estimate Update for Valley of the Kings

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 21, 2016) - Pretium Resources Inc. (TSX:PVG)(NYSE:PVG) ("Pretivm" or the "Company") is pleased to report an updated Valley of the Kings Mineral Resource estimate in accordance with National Instrument 43-101 for its Brucejack Project, where construction and development continues on schedule for commissioning of the underground mine in mid-2017. Updated Mineral Resource Estimate Confirms Geological Model for Mine Production Planning The 2015-2016 Valley Read More

  • Sabina Gold & Silver Provides Update on Permitting for the Back River Gold Project, Nunavut, Canada

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 21, 2016) - Sabina Gold & Silver Corp. (TSX:SBB) ("Sabina" or the "Company") provided an update today on the permitting process for the Back River Gold Project ("Back River" or the "Project") in Nunavut, Canada. Background On June 16, 2016, Sabina announced that the Nunavut Impact Review Board ("NIRB" or the "Board") in a Report, recommended to the Minister of Indigenous and Northern Read More

  • Ascot Resources Intersects 88.40 g/t Gold and 9,640.0 g/t Silver Over 1.55 Metres at Premier

    SURREY, BRITISH COLUMBIA--(Marketwired - July 21, 2016) - Ascot Resources Ltd. (TSX VENTURE:AOT) The Premier property covers more than one hundred square kilometres near the town of Stewart in northwest BC, and includes the old Premier Mine, a past producer of 2.1 MOz Au and 44.9 MOz Ag. Highlights of Release: In its latest set of results from its 2016 drill program the Company announces hole P16-1016 in Read More

  • NuLegacy Gold drills 35.1 meters of 0.52 g/t gold and 33.5 meters of 0.58 g/t gold at Iceberg oxide gold deposit

    RENO, NEVADA--(Marketwired - July 21, 2016) - NuLegacy Gold Corporation (TSX VENTURE:NUG)(OTCQX:NULGF) is pleased to report assay results for the first ten holes of the 40+ hole (10,000 meter) 2016 exploration program on its 100% owned Iceberg oxide gold deposit. The primary target is the shallow Carlin-style oxidized gold mineralization within the 3 km long and 0.5 km wide Iceberg gold deposit in the Cortez gold-trend of north-central Read More

  • International Lithium Reports Drill Results from Avalonia Project Including 2.33% Li2O over 4.62 meters

    Vancouver, British Columbia--(Newsfile Corp. - July 21, 2016) - International Lithium Corp. (TSXV: ILC.V) (the "Company" or "ILC") is pleased to announce results from the recent drill program at the Avalonia Lithium Project, Ireland. Drilling Highlights Most notable pegmatite intersection grading 2.33% Li2O over 4.62m at southern extent of Aclare pegmatite; Aclare pegmatite high-grade mineralization open along trend to the southwest and at depth; Improved understanding of mineral zonation to Read More

  • First Mining Increases Private Placement $27 Million

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 21, 2016) - NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES First Mining Finance Corp. ("First Mining" or the "Company") (TSX VENTURE:FF)(OTCQX:FFMGF) is pleased to announce that, due to significant interest from investors, including institutional investors, the Company has decided to increase its previously announced non-brokered private placement financing to 33,750,000 units ("Units") at a price Read More

  • Midas Gold Commences Feasibility Level Metallurgical Testwork on Its Stibnite Gold Project

    VANCOUVER, BC --(Marketwired - July 21, 2016) - Midas Gold Corp. (TSX: MAX) (OTCQX: MDRPF) ("Midas Gold" or the "Company") today announced that it has commenced feasibility level metallurgical testing, which is being conducted as a critical path item in advance of preparing a feasibility study on its Stibnite Gold Project (the "Project"). This work is expected to continue through the second quarter of 2017 and is intended Read More

  • UEX Signs Joint Venture Agreement on Christie Lake Uranium Project

    VANCOUVER, BC--(Marketwired - July 21, 2016) - UEX Corporation (TSX: UEX) ("UEX" or the "Company") is pleased to announce the Company and JCU (Canada) Exploration Company Limited ("JCU") have signed a Joint Venture Agreement ("JVA") for the Christie Lake Project (the "Project"). The Project is currently owned 10% by UEX and 90% by JCU. (the "Participants") UEX holds an option to earn up to a 70% interest in Read More

  • NexGen Energy: Assays Confirm New High Grade Discovery in the A1 Shear and the Cannon Area Returns Anomalous Uranium

    VANCOUVER, July 21, 2016 /CNW/ - NexGen Energy Ltd. ("NexGen" or the "Company") (TSX:NXE, OTCQX:NXGEF) is pleased to report assay results for 4 holes from our recently completed winter 2016 drilling program on our 100% owned, Rook I Project, Athabasca Basin, Saskatchewan. Highlights: A1 Shear The discovery of substantial mineralization in the A1 shear has now been confirmed in two holes. AR-16-84c1 (discovery hole) intersected 28.5 m Read More

  • Alacer Gold Announces Further Exploration Results for the Copler District

    TORONTO, July 21, 2016 (GLOBE NEWSWIRE) -- Alacer Gold Corp. (“Alacer” or the “Company”) (TSX:ASR) (ASX:AQG) is pleased to announce drilling results through May 31, 2016 from the Company’s 2016 Çöpler District exploration program in Turkey. Drilling results are from an additional 17,361 meters of drilling at the Çakmaktepe North prospect (formerly known as Yakuplu North) approximately 5 km east of the Çöpler Mine. These results are Read More

  • RNC Closes Flow-Through Financing to Fund $3 Million Qiqavik 2016 Gold Exploration Program

    TORONTO, July 21, 2016 /CNW/ - Royal Nickel Corporation ("RNC" or the "Company") (TSX: RNX) has announced today that it has completed its previously announced non-brokered private placement financing, issuing a total of 3,274,000 flow-through shares of the Company (the "Flow-Through Shares") at a price of $0.51 per Flow-Through Share for gross proceeds of approximately $1.7 million (the "Offering"). The proceeds from the Offering will be used Read More

  • Harte Gold Closes Private Placement & Announces Strategic Investor

    TORONTO, ONTARIO--(Marketwired - July 21, 2016) - HARTE GOLD CORP. ("Harte Gold") (TSX:HRT)(OTC:HRTFF)(FRANKFURT:H4O) has raised gross proceeds of $4,050,000 pursuant to the closing on July 20, 2016 of a non-brokered private placement of 13,500,000 Units ("Units") priced at $0.30 per Unit. Each Unit consists of one common share and one common share purchase warrant exercisable at $0.35 for a period of two years from Closing. Finder's fees payable Read More

  • Lydian Announces Proposed C$11.39 Million Investment by the European Bank for Reconstruction and Development

    TORONTO, ONTARIO--(Marketwired - July 21, 2016) - NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. Lydian International Limited (TSX:LYD) ("Lydian" or "the Company") is pleased to announce that the Board of Directors of the Company has approved the terms of a proposed non-brokered private placement (the "Private Placement") of ordinary shares of the Company to the European Bank for Reconstruction and Development Read More

  • Carolina Capital Signs Definitive Agreement to Acquire Madison Gold Mine

    VANCOUVER, July 21, 2016 /CNW/ - Carolina Capital Corp. (CQC-TSX:V) ("Carolina" or the "Company") is pleased to announce it has entered into a definitive asset purchase agreement (the "Definitive Agreement") with Coronado Resources Ltd. ("Coronado") to acquire a 100% interest, subject to underlying royalties, in the Madison Gold and Copper Mine ("Madison Mine") located in southwestern Montana.  The purchase is subject to certain conditions and approval by Read More

  • Carube Announces Closing of Private Placement of Units

    Ottawa, Ontario--(Newsfile Corp. - July 21, 2016) - Carube Copper Corp. (TSXV: CUC) (the "Company" or "Carube") is pleased to announce that it has closed its previously announced private placement financing of 5,000,000 units ("Units") for gross proceeds of $500,000 (the "Offering"). Each Unit is comprised of one common share in the capital of the Company (a "Common Share") and one half of one Common Share purchase warrant Read More

  • Nevada Clean Magnesium Appoints New Board Member and CFO

    Vancouver, British Columbia / TheNewswire / July 21, 2016 - Nevada Clean Magnesium, Inc. (TSXV: NVM; Frankfurt-M1V; OTC Pink Sheets: MLYFF) (The "Company") today announced the appointment of Dennis Mee, CPA, CA to the board of directors and as Chief Financial Officer. Dennis Mee has over 35 years' experience as a senior financial and operational executive with a variety of industries. Mr. Mee currently serves on the Board of Read More

  • Avrupa Minerals Ltd.: Covas Joint Venture Update, Portugal

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 21, 2016) - Avrupa Minerals Ltd. (TSX VENTURE:AVU)(FRANKFURT:8AM) is pleased to report on joint venture progress during 2016 at the Covas Tungsten Project in northern Portugal. Blackheath Resources ("BHR") holds 75% of the JV by virtue of contributing over 1.6 million euros, to date, for exploration on the project. Avrupa holds the remaining 25% and continues as Operator of the project. For further Read More

  • K92 Mining Arranges $2 Million Financing At $1.17

    VANCOUVER, July 21, 2016 /CNW/ - K92 Mining Inc. (the "Company" or "K92", TSXV: KNT) is pleased to announce that is has arranged a further non-brokered private placement to raise approximately $2,000,000 (the "Financing") through the issuance of 1,709,402 units (the "Units") of the Company at a price of $1.17 per Unit. Each Unit will consist of one Common share (an "Offered Share") and one Common share Read More

  • Defiance Appoints Mine Developer as Chairman

    Vancouver, British Columbia--(Newsfile Corp. - July 21, 2016) - Defiance Silver Corp (TSXV: DEF) (OTC: DNCVF) ("Defiance"), is pleased to announce that Peter J. Hawley, BSc, BEng, P.Geo. has joined Defiance as a Director and Chairman of the Board. Mr. Hawley adds significant depth to the board with his 36 years of geological and mining experience spanning grassroots exploration through to development and production. Having worked extensively with Read More

  • Golden Dawn Announces the Signing of a Letter of Intent for a Metal Purchase Agreement (MPA) with RIVI Capital for the Greenwood Project

    Vancouver, British Columbia--(Newsfile Corp. - July 21, 2016) - Wolf Wiese, CEO of Golden Dawn Minerals Inc. (TSXV: GOM) (FSE: 3G8A) (the "Company" or "Golden Dawn") announces signing (LOI) Letter of Intent, for a Metal Purchase Agreement (MPA) With RIVI Capital of San Francisco. The MPA is a part of the overall financing strategy consisting of Debt, Equity, and the Metal Purchase Agreement (MPA) described below. This will fund the capital expenditures to Read More

  • K92 Mining Closes $12,500,000 Financing

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 21, 2016) - K92 Mining Inc. (TSX VENTURE:KNT) ("K92") is pleased to announce that it has closed its non-brokered private placement of 12,500,000 units at $1.00 per unit for gross proceeds of $12,500,000. All securities issued pursuant to the private placement are subject to a four month hold expiring November 21st, 2016. Each unit issued consists of one common share and one-half common Read More

  • Asiamet Resources Feasibility Drilling Confirms High Grade Copper Mineralization

    Vancouver, British Columbia (FSCwire) - Asiamet Resources Limited ("ARS" or the “Company”) is pleased to announce that Resource infill and extension drilling being undertaken as part of the feasibility study on the Beruang Kanan Main (“BKM”) copper deposit in Central Kalimantan, Indonesia continues to intersect high grade copper mineralization in the southern part of deposit and has confirmed good continuity of higher grades previously reported within the Read More

  • Tudor Gold Corp. Extends Drill Program on Electrum Property

    VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 21, 2016) - Tudor Gold Corp. (TSX VENTURE:TUD) (the "Company" or "Tudor Gold") is pleased to announce that it is extending the previously announced 1,000 meter diamond drill program by 500 meters for a new total of 1,500 meters of drilling at the Electrum property. The Electrum property is situated in the Golden Triangle area, Skeena mining division of British Columbia. Tudor Gold Read More

  • Sandy Lake Gold and GPM Metals Announce Closing of Property Sale

    TORONTO, ONTARIO--(Marketwired - July 21, 2016) - Sandy Lake Gold Inc. (formerly Lago Dourado Minerals Ltd.) (TSX VENTURE:SDL) ("Sandy Lake") and GPM Metals Inc. (TSX VENTURE:GPM) ("GPM") are pleased to announce that they have completed the previously announced acquisition (the "Acquisition") by Sandy Lake from GPM of GPM's property interests in the Sandy Lake district, Northwestern Ontario. As consideration for the Acquisition, Sandy Lake issued an aggregate of Read More

  • KWG Principal Shareholders Diverge From Majority

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  • 1

VANCOUVER, Aug. 11, 2015 /CNW/ - Kootenay Silver Inc. ("Kootenay" or the "Company") (TSX Venture: KTN.V) is pleased to announce that, further to its press release dated July 16, 2015, it has closed the initial tranche of its non-brokered private placement (the "Private Placement") and issued an aggregate of 3,586,500 units (each a "Unit") at a purchase price of $0.30 per Unit raising gross proceeds to the Company of $1,075,950. The Company anticipates closing the balance of the Private Placement shortly and will provide an update in due course. 

Each Unit consists of one common share ("Common Share") and one transferable share purchase warrant ("Warrant") of Kootenay. Each Warrant entitles the holder to acquire one Common Share at an exercise price of $0.55 until August 10, 2017.   Upon approval by the TSX Venture Exchange, cash finder's fees to arm's length parties totaling $7,110 and the issuance of 96,000 finders units (the "Finders Units"), have been paid on this portion of the Private Placement.  The Finders Units consist of one Common Share and one non-transferable common share purchase Warrant. All securities issued in connection with the Private Placement are subject to a hold period which expires on December 11, 2015.

The net proceeds from the Private Placement will be used to finance additional work on Kootenay's Promontorio property, which includes the new La Negra Breccia discovery, its other properties and for general working capital.

The securities being offered have not been, nor will they be registered under the United States Securities Act of 1933, as amended, or state securities laws and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. federal and state registration or an applicable exemption from the U.S. registration requirements. This release does not constitute an offer for sale of securities in the United States.

La Negra Silver Discovery

The La Negra Breccia prospect is situated approx. 6.5 kms north of Kootenay's Promontorio silver mineral resource property in Sonora, Mexico and is contained within a 25 x 15 km mineralized corridor, the 'Promontorio Mineral Belt.' Initial exploration on La Negra included a successful trenching and surface sampling program that confirmed extensive silver mineralization over a large 100 to 200 meters by 500 meters area on surface. (See news releases from May 28th and June 5th, 2014 for more details). A follow up Phase I drill program on La Negra returned significant and consistent intervals of high grade, widespread silver mineralization extending from surface to depth, confirming a substantial new silver discovery.

Results from a recent Phase II drilling program on La Negra have further confirmed the continuity of silver grades and the consistency of silver mineralization to depth within the core of the diatreme breccia. (See news releases from March 31st, April 30th and May 20th, 2015 for more details). This has set the stage for the advanced future development of La Negra and reinforces its future potential as a low-cost, open pittable silver resource. At present, drill results from the program are being compiled and collated in a 3D model showing the geologic controls and assay results. This compilation will be used to design the next drill phase, which is expected to be announced in the near future.

To view full results of the sampling and drill program on the La Negra property, visit: www.kootenaysilver.com

The foregoing geological disclosure has been reviewed and verified by Kootenay's CEO, James McDonald, P.Geo (a qualified person for the purpose of National Instrument 43-101, Standards of Disclosure for Mineral Projects). Mr. McDonald is a director of Kootenay.

ABOUT KOOTENAY

Kootenay Silver Inc. is actively developing mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. Its flagship property is the former producing Promontorio Silver mine in Sonora State, Mexico. Kootenay's objective is to develop near term discoveries and long-term sustainable growth. Its management and technical team are proven professionals with extensive international experience in all aspects of mineral exploration, operations and venture capital markets. Multiple, ongoing J/V partnerships in Mexico and Canada maximize potential for additional, new discoveries while maintaining minimal share dilution.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: The information in this news release has been prepared as at August 10, 2015.  Certain statements in this news release, referred to herein as "forward-looking statements", constitute "forward-looking statements" under the provisions of Canadian provincial securities laws.  These statements can be identified by the use of words such as "expected", "may", "will" or similar terms.

Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Kootenay as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies.  Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made.  Except as otherwise required by law, Kootenay expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Kootenay's expectations or any change in events, conditions or circumstances on which any such statement is based. More particularly, this release contains statements concerning the closing of the balance of the Private Placement and the commencement of the next phase of a drilling program on the La Negra property. Accordingly, there is a risk that the Private Placement will not be completely sold, completed within the anticipated time or at all, and that the drilling program will not be commenced or completed as currently contemplated.. 

Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC's mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, the completion of the Private Placement, the proposed use of the proceeds of the Private Placement, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

This press release uses the terms "Measured", "Indicated", and "Inferred" resources. United States investors are advised that while such terms are recognized and required by Canadian regulations, the United States Securities and Exchange Commission does not recognize them. "Inferred Mineral Resources" have a great amount of uncertainty as to their existence, and as to their economic and legal feasibility. It cannot be assumed that all or any part of an Inferred Mineral Resource will ever be upgraded to a higher category. Under Canadian rules, estimates of Inferred Mineral Resources may not form the basis of feasibility or other economic studies. United States investors are cautioned not to assume that all or any part of Measured or Indicated Mineral Resources will ever be converted into Mineral Reserves. United States investors are also cautioned not to assume that all or any part of a Mineral Resource is economically or legally mineable.

SOURCE Kootenay Silver Inc.

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Golden Queen Mining Co. Ltd.

Exchange/Ticker: TSX: GQM
Main Asset: Soledad Mountain
Stage:
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Operating Region: U.S./California
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