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NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to report radioactivity results for the final forty holes from South Arrow and Arrow as part of our now concluded summer drilling program on our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan.
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) has established a new Mineral Resource Estimate for its 100% owned Valentine Lake Property prepared under the direction of John T. Boyd Company in accordance with National Instrument 43-101 (“NI 43-101”).
Eloro Resources Ltd. (TSX-V:ELO)(FSE:P2Q) (“Eloro”) announces the grant of options to consultants to purchase an aggregate of 200,000 common shares of Eloro, exercisable at $0.87 per share at any time on or before November 30, 2022. The grant is subject to TSX Venture Exchange acceptance and is made in accordance with and subject to the terms of Eloro’s stock option plan. In accordance with securities regulatory requirements, any shares issued pursuant to the exercise of such options will be subject to a resale restriction for a period of four months from the date of the grant.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to announce the Company intends to complete a non-brokered non-flow through private placement to raise gross proceeds of up to CA$5 million (the “NFT Financing”) and a concurrent non-brokered flow through private placement to raise gross proceeds of CA$2.5 million (the “FT Financing”).
Falco Resources Ltd. (TSX VENTURE: FPC) (“Falco” or the “Company”) is pleased to announce that in connection with the C$10 million loan (“Loan”) provided by Osisko Gold Royalties Ltd (TSX: OR) (“Osisko”) on May 30, 2016, that both Falco and Osisko have agreed to extend the maturity by an additional 6 months, to May 31st, 2018.