Author: MotherlodeTV

Argentina Lithium Grants Stock Options

MotherlodeTV
Argentina Lithium, V.LIT

Argentina Lithium & Energy Corp. (TSX-V:LIT) (FSE:OAY1) (WKN:A0RK7E) (OTC:PNXLF) (“Argentina Lithium” or the “Company”) announces that it has granted 4,570,000 incentive stock options (the “Options”) to directors, officers, employees and consultants of the Company. The Options are set for a period of five years, expiring on January 26, 2023, and each Option will allow the holder to purchase a common share of the Company at a price of $0.50. The Options are subject to a 4 month hold period from the date of grant and to TSXV approval. read more

Golden Predator Mining Corp. Announces Increase to Previously Announced Overnight Marketed Financing

MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX VENTURE:GPY) (the “Company“) is pleased to announce today that, due to strong demand, it has agreed with Clarus Securities Inc. (“Clarus“, or the “Underwriter“) to increase the size of its previously announced C$7,000,630 flow-through unit offering. Pursuant to the upsized deal terms, Clarus has agreed to purchase or arrange substituted purchasers for 8,792,000 flow-through units (the “Flow-Through Share Units“) of the Company at a price of $0.91 per unit to raise gross proceeds of $8,000,720 pursuant to a short-form prospectus financing (the “Offering“). Each Flow-Through Share Unit will consist of one Class A common share (a “Common Share“) and one-half of one Common Share purchase warrant, exercisable at $1.00 per common share. The Flow-Through Share Units will be issued on a “flow-through” basis for purposes of the Income Tax Act (Canada). read more

MGX Minerals Increases Ownership Stake in Cleantech Engineering Partner PurLucid Treatment Solutions to 51%

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report the Company is exercising its option to acquire an additional 5% ownership interest in engineering partner PurLucid Treatment Solutions (“PurLucid”) from existing shareholders in exchange for 1 million MGX shares. The Phase IV investment agreement share option exercise increases MGX’s ownership in PurLucid to 51%. The Company maintains the right to acquire 100% through successive future investments. read more

Argentina Lithium Financing Oversubscribed to Raise $4.1M; Final Tranche of Non-Brokered Private Placement Closed

MotherlodeTV
Argentina Lithium, V.LIT

Argentina Lithium & Energy Corp. (TSX-V:LIT) (FSE:OAY1) (WKN:A0RK7E) (OTC:PNXLF) (“Argentina Lithium” or the “Company”) is pleased to announce it has closed the second and final tranche of the non-brokered private placement financing announced on November 21, 2017 and December 12, 2017 consisting of 5,422,718 units in this tranche for a total of 12,472,275 Units at a price of $0.33 per unit for gross proceeds of $4,115,850. read more

MGX Minerals Announces 1.79% Li 186ppm Ta Over 6m at Case Lake Lithium, Ontario

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report that joint venture partner Power Metals Corp. (“Power Metals”) has announced additional drill hole assays for lithium (Li) and tantalum (Ta) mineralized intervals for the Main Dyke at Case Lake, east of Cochrane, Ontario. Significant intervals for the Main Dyke include: read more

Golden Predator Mining Corp. Announces Pricing of Previously Announced Overnight Marketed Financing

MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX VENTURE:GPY) (“Golden Predator Mining Corp.” or the “Company”) is pleased to announce that, in connection with its previously announced overnight marketed public offering (the “Offering”), it has entered into an underwriting agreement with Clarus Securities Inc. (the “Underwriter”) to sell 7,693,000 Flow-Through Share Units at a price of $0.91 per Unit to raise gross proceeds of $7,000,630 pursuant to a short-form prospectus financing (the “Offering”). Each Flow-Through Share Unit will consist of one Class A common share (a “Common Share”) and one-half of one (non flow-through) Common Share purchase warrant, exercisable at $1.00 per common share. The Flow-Through Share Units will be issued on a “flow-through” basis for purposes of the Income Tax Act (Canada). Closing of the Offering is expected on or about February 13, 2018 and is subject to regulatory approval including that of the TSX Venture Exchange. read more

Golden Predator Mining Corp. Announces Proposed Overnight Marketed Financing

MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX VENTURE:GPY) (“Golden Predator Mining Corp.” or the “Company”) has today entered into an agreement with Clarus Securities Inc. (the “Underwriter”) pursuant to which the Company has launched a proposed overnight marketed offering (the “Offering”) of units (“Flow-Through Share Units”). Each Flow-Through Share Unit consists of one Class A common share (a “Common Share”) and one-half of one (non flow-through) Common Share purchase warrant. The Flow-Through Share Units will be issued on a “flow-through” basis for purposes of the Income Tax Act (Canada). Closing of the Offering is expected on or about February 13, 2018 and is subject to regulatory approval including that of the TSX Venture Exchange. read more

MGX Minerals Strengthens Leadership Team to Execute California Lithium Strategy; Appoints Randall Keller As VP of Business Development

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to announce the appointment of Randall W. Keller as Vice President of Business Development. Mr. Keller will work alongside former California Senate Majority Leader Richard Polanco (see press release dated December 1, 2017) to target geothermal lithium exploration in California and other Western States that the Company has identified for potential partnerships and acquisition targets to secure lithium brine feedstock and operating sites for its lithium extraction and water treatment systems. read more

Cartier Iron Expands Big Easy Property, Newfoundland and Commences Induced Polarization-Drilling Program

MotherlodeTV

Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”), is pleased to announce that 91 additional claims have been staked at the Big Easy Property in eastern Newfoundland to bring total holdings including the original acquisition (see press releases September 28, 2017, October 31, 2017 and November 22, 2017) to 369 claims covering 92.3 km2 (Figure 1).  A 56-line kilometre Induced Polarization/Resistivity Survey (IP/Res) will commence shortly with a 1,000m drilling program to follow on key targets outlined from this survey. Cartier Iron has secured the historical drill core at a facility in Clarenville. All diamond drill core is being re-logged to better resolve structure and distribution of alteration and mineralization. read more