Advantage Lithium Corp. (the “Company” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to file the NI43-101 report on the resource upgrade of the Company’s flagship Cauchari Lithium Project in Jujuy, Argentina. The update, prepared by FloSolutions, has increased the inferred resource to a volume of approximately 1,200 million cubic metres of brine at average grades of 450 mg/l lithium and 4,028 mg/l potassium for 3.0 Mt of Lithium Carbonate Equivalent (LCE) and is the basis for the Preliminary Economic Assessment (PEA) to be completed early in Q3 2018.
Aben Resources Ltd. (TSX-V:ABN) (OTCQB:ABNAF) (Frankfurt:E2L2) (the “Company”) is pleased to announce that the drill is now turning at the Boundary North Zone discovery at the Company’s 100% held 23,000-hectare Forrest Kerr Gold Project located in BC’s Golden Triangle region. Aben’s 2018 program will encompass a 5000-metre diamond drilling program in approximately 18 holes with the potential for program expansion.
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. and RBC Capital Markets (the “Co-Lead Underwriters”), pursuant to which a syndicate of underwriters led by the Co-Lead Underwriters (the “Underwriters”) will purchase, on a bought-deal basis, 2,900,000 flow-through common shares of the Company (“Flow-Through Shares”) at a price of $1.05 per Flow-Through Share and 5,900,000 common shares of the Company (“Common Shares”) at a price of $0.85 per Common Share for gross proceeds to the Company of $8,060,000 (the “Offering”). The Flow-Through Shares and Common Shares are collectively referred to herein as the “Shares”.
Since both modules are constructed from a number of identical cells, they constitute ideal candidates for manufacture by volume production methods such as injection molding, die casting and extrusion. These methods require stringent design rules to be followed to ensure efficient and reliable parts production. ZincNyx has now completed this process for the highest volume parts with the active participation of its chosen suppliers. ZincNyx expects to start receiving parts based on these designs within the next 4 to 6 weeks.
Bayhorse Silver Inc. (TSXV: BHS)(the “Company” or “Bayhorse“) reports that, subject to TSX-V Exchange approval, it is conducting a non-brokered private placement of up to 1,500,000 Units at $0.10 per Unit for gross proceeds of up to $150,000 and a US$5,000 12% Convertible Debenture Unit financing for total proceeds of US$500,000.
Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN) (FSE: N071) is pleased to present a compilation of historical and 2018 drilling results that highlight the gold-copper mineralization potential of the North zone at the Roger Project. The Roger Project is advantageously located 5 km north of Chibougamau, Quebec, has all-season road access and is crossed by a power line that serviced the past-producing Troilus Mine. Enforcer is earning a 50% interest in the project from project operator, SOQUEM.
FSD Pharma Inc. (“FSD Pharma” or the “Company”) (CSE:HUGE), announced today the appointment of Dr. Zohar Koren as Head of the Company’s Scientific Advisory Board. This announcement follows the recently announced strategic collaboration of FSD Pharma with SciCann Therapeutics Inc. as its lead scientific platform and center of innovation in Israel, dedicated to the development of disruptive cannabinoid-based therapies backed up by solid science and rigorous clinical studies.
Enforcer Gold Corp (“Enforcer” or the “Company”) (TSXV: VEIN) (FSE: N071) is pleased to announce that it has appointed Stephen Dunn to its board of directors with an effective date of June 25, 2018. Mr. Dunn will support the Company with his extensive experience in copper mining and exploration as Enforcer advances its Roger gold-copper porphyry project in the Abitibi Greenstone Belt and evaluates other potential assets. Enforcer Gold wishes to thank Brendan Purdy for his valuable contributions to the board; Mr. Purdy has resigned from his position as a director, effective June 25, to pursue other professional interests.