Day: December 18, 2017

GGX Gold Closes Private Placement

MotherlodeTV
GGX Gold logo

GGX Gold Corp (TSXV:GGX) (the “Company” or “GGX”) is pleased to announce that is has closed the non-brokered private placement previously announced on November 17, and December 1, 2017 for gross proceeds of $405,000. The units of the financing are comprised of one common share at a price of $0.10 and a full share purchase warrant, which may be exercised for a period of three years at a price of $0.15 per share. The term of the warrants may be accelerated in the event that the issuer’s shares trade at or above a price of $0.20 cents per share for a period of 10 consecutive days. In such case of accelerated warrants, the issuer may give notice, in writing or by way of news release, to the subscribers that the warrants will expire 30 days from the date of providing such notice.  The Company announces April 13, 2018 as the hold period expiry date for the private placement. read more

MGX Minerals Commences Exploration and Permitting at Kootenay and Wonah Silicon Projects; Metallurgy Process Design for Testing of Solar Grade Silicon Applicability Completed

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to announce development activity has commenced at its Kootenay and Wonah Silicon Projects located near Canal Flats, British Columbia. Exploration design and permitting activities have commenced. Archaeological assessment (AOA) and environmental assessment are expected to commence shortly. Infrastructure evaluation is currently underway including assessment of the bulk commodity load out facility at Canal Flats, inclusive of ten railcar siding, previously used for gypsum loading. High grade silica is the feedstock used in industrial silicon metal and solar silicon metal applications. read more