Day: June 28, 2018

Aben Starts 2018 Drilling at High-Grade Boundary North Discovery in BC’s Golden Triangle Region

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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. read more

Marathon Announces C$8 Million Bought Deal Offering

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T.MOZ, Marathon Gold

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”. read more

MGX Minerals Announces Manufacturing Underway of Zinc-Air Battery Components

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CSE:XMG, MGX Minerals, lithium,
VANCOUVER, BRITISH COLUMBIA / June 28, 2018 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) is pleased to announce that its wholly owned subsidiary ZincNyx Energy Solutions, Inc. (“ZincNyx”) has completed the design for manufacturing of its core regenerator and fuel cell modules.

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. read more