motherlodetv.net
Northstar Gold Corp. (CSE: NSG) (“Northstar” or the “Company“), reports that machine learning stochastic cluster analysis and final 3D inversions by GoldSpot Discoveries Corp. (GoldSpot) on a 2020, 5 km2 gravity and magnetic geophysical survey dataset has identified multiple anomalies with the same signature as known gold-bearing syenites on the Miller Gold Property (Figure 1).
CBLT Inc. (TSXV: CBLT) (“CBLT”) announces it has closed on its previously announced intention to effect a flowthrough financing in an amount of $53,202 (fifty-three thousand two hundred and two dollars) by issuing 886,700 Flowthrough Units priced at $0.06 (six cents) per Flowthrough Unit. Each Flowthrough Unit comprises of one flowthrough share and one full 9-cent warrant with a 24-month term, with each 9-cent warrant being exercisable into a flowthrough common share. A finder’s fee equal to $1,974 was paid to a registrant related to this financing.
Etruscus Resources Corp. (CSE:ETR) (CNSX:ETR.CN) (FSE:ERR) (the “Company” or “Etruscus”), a Vancouver-based junior exploration company, announces that, subject to Canadian Securities Exchange (“CSE”) approval, the Company has closed the second and final tranche of its non-brokered private placement announced on December 8, 2020, raising $62,500 for a total of $530,200.
Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that it has closed its previously announced bought deal financing, including the exercise in full of the over-allotment option, of 4,080,660 units of the Company (“Units”) at a price of C$1.55 per Unit (the “Issue Price”) for aggregate gross proceeds to the Company of C$6,325,023 (the “Offering”). Each Unit consists of one common share (a “Common Share”) in the capital of the Company and one-half (1/2) of one common share purchase warrant (each whole common share purchase warrant, a “Warrant”) of the Company. Each Warrant is exercisable to acquire one Common Share (a “Warrant Share”) at a price per Warrant Share of C$2.00 for a period of 24 months from the closing date of the Offering.
GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to report wide and high-grade drill results from the Company’s underground core drilling program in the Plomosas Mine Area, as well as validation sampling results from historic drilling, at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico.
Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that, in connection with its previously announced bought deal financing (the “Financing”) (see Eloro press releases dated December 16, 2020 and December 9, 2020), it has filed a final short form prospectus with the applicable securities regulators in each of the provinces of Canada, except Quebec. Under the terms of the Financing, Haywood Securities Inc., as lead underwriter, and Echelon Wealth Partners Inc. (the “Underwriters”) agreed to purchase, on a bought deal basis, 3,548,400 units (the “Units”) at a price of Cdn$1.55 per Unit for gross proceeds to the Company of Cdn$5,500,020.
GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) and Mako Mining Corp. (“Mako” “@MakoMiningCorp”) have agreed to amend their Letter of Intent (“LOI”) dated December 12, 2019, to extend the date by which they are required to sign a Definitive Agreement to January 31, 2021. Pursuant to the LOI, GR Silver and Mako agreed to negotiate an arm’s length transaction whereby GR Silver would acquire 100% of the issued and outstanding shares of Marlin Gold Mining Ltd from Mako and to enter into a Definitive Agreement on or before December 31, 2020 (News release dated December 17, 2019).
CBLT Inc. (TSXV: CBLT) (“CBLT”) announces its intention to effect a flowthrough financing in an amount up to $50,000 (fifty thousand dollars) by offering up to 833,333 Flowthrough Units priced at $0.06 (six cents) per Flowthrough Unit. Each Flowthrough Unit will comprise of one flowthrough share and one full 9-cent warrant with a 24-month term, with each 9-cent warrant being exercisable into a flowthrough common share.
Etruscus Resources Corp. (CSE: ETR) (FSE: ERR) (the “Company” or “Etruscus”), a Vancouver-based junior exploration company, announces that, subject to Canadian Securities Exchange (“CSE”) approval, the Company has closed the first tranche of its non-brokered private placement announced on December 8, 2020, raising $467,700. The Company issued a total of 730,000 non-flow-through units at $0.25 per unit for proceeds of $182,500 and 891,250 flow-through units at $0.32 per unit for proceeds of $285,200. The non-flow-through funds were oversubscribed by 10,000 units and will be used for both exploration and general working capital while the flow-through funds will be used for continued exploration of the Company’s Rock & Roll Property.
Northstar Gold Corp. (CSE: NSG) (“Northstar” or the “Company“), announces the Company has closed the first tranche of its previously announced $2.7 million non-brokered private placement of units (“Units“) for gross proceeds of CDN$2,415,575 (the “Offering“).