MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to provide shareholders with a progress report on its expanding silicon portfolio in British Columbia along with planned 2018 development activities. MGX is investigating the potential to source high-grade silica as a feedstock to be used in industrial silicon metal and solar silicon metal applications.
Rye Patch Gold Corp. (“Rye Patch” or the “Company“) (TSX.V: RPM; OTCQX: RPMGD; FWB: 5TNN) is pleased to announce the completion of the bought deal private placement offering announced on January 17, 2018 whereby the Company issued a total of 15,384,700 units of the Company (“Units“) at a price of $1.30 per Unit for gross proceeds of $20,000,110 (the “Offering“). Each Unit consisted of one common share of the Company (“Common Share“) and one common share purchase warrant (a “Warrant“). Each Warrant is exercisable to acquire one Common Share at an exercise price of $1.65 until January 31, 2020. The Offering includes exercise in full of the Underwriters’ (as defined below) over‑allotment option to purchase additional Units at $1.30 per Unit.
Marathon Gold Corporation (Marathon or the Company) (TSX:MOZ) Marathon Gold is pleased to announce the addition of Mr. Robbert Borst to manage the companypcoming PEA. He will be starting with Marathon effective October 1, 2017.