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Success in junior exploration depends on good management. Management which is able to find and acquire prospective properties and management which can evaluate those properties. But also management which can make the hard call to let a property go when it no longer makes sense for the company and its shareholders.
The great thing about “brownfields” exploration is what could be called predictable success. If you are drilling next to the shaft of a mine which was a successful gold producer it is a pretty good bet that you will hit mineralized rock.
FSD Pharma Inc. (“FSD” or the “Company”) (CSE: HUGE) (OTC: FSDDF) (FRA: 0K9), is pleased to report that on September 4, 2018 the Company traded an aggregate total of exactly 151,183,895 shares. FSD traded 106,397,927 Class B subordinate voting shares on the Canadian Securities Exchange (“CSE”), 5,883,500 on AQC-Lit, 5,180,500 on AQC-Neo, 501,526 on CXC, 751,300 on CX2, 8,781,217 on CXD, 382,000 on Lynx, 8,631,000 on Omega and 14,674,925 on MatchNow. This is the largest total quantity of share volume traded by a CSE listed issuer by over 33.6% above the recorded all-time high of 113,135,861 achieved by FSD on its first day of trading, as confirmed by the CSE.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to announce the engagement of Erich Schnake, former Chilean Mining Ministry Undersecretary, to its South American management team. Mr. Schnake will provide legal and regulatory support to advance the Company’s efforts in navigating Chilean regulatory permitting frameworks in order to obtain production permits.