Category: featured_news

Marathon Announces Closing of C$8 Million Bought Deal Financing

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T.MOZ, Marathon Gold

Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to announce that it has completed its previously announced bought deal prospectus offering of 2,900,000 flow-through common shares in the capital of the Company (“FT Shares”) at a price of $1.05 per FT Share and 5,900,000 common shares in the capital 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 Offering was conducted by a syndicate of underwriters co-led by Haywood Securities Inc. and RBC Capital Markets and including Canaccord Genuity Corp., Laurentian Bank Securities Inc. and Raymond James Ltd. read more

FSD Pharma Enters Into Saskatchewan Wholesale Supply MOU of up to 5,000 Kilograms With High Tide Ventures

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C.HUGE, FSD Pharma, cannabis, pot
Cision

FSD Pharma Inc. (“FSD Pharma”) (CSE:HUGE) (OTC:FSDDF) today announced that its wholly-owned subsidiary, FV Pharma Inc. (“FV Pharma”) has entered into a non-binding memorandum of understanding (“MOU”) with High Tide Ventures Inc. (“High Tide”) dated July 18, 2018 to supply the Saskatchewan market on a wholesale basis with up to 5,000 kilograms of cannabis products over the next year when available. FSD Pharma is working together with Auxly (formerly Cannabis Wheaton Income Corp.) (TSX.V:XLY) to achieve its mission to develop the largest hydroponic indoor cannabis cultivation facility in Cobourg, Ontario, Canada. read more

Enforcer Gold reports 7.0 % zinc and 1.2 g/t gold over 6 meters and provides resource estimate update at Roger project

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V.VEIN, Enforcer Gold, gold, Quebec, Steve Roebuck

Enforcer Gold Corp (“Enforcer” or the “Company”) (TSXV: VEIN) (FSE: N071) is pleased to report on the historical drill results of a second style of mineralization known to occur on the Roger project. Roger 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. read more

Victoria Gold’s 2018 Exploration Program Underway at Dublin Gulch, Yukon

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V.VIT, Victoria Gold, gold, yukon

Victoria Gold Corp. (TSX.V-VIT) “Victoria” or the “Company” is pleased to announce that the 2018 Dublin Gulch exploration campaign is well underway. This season’s exploration activities are supported by satellite camps that have been built to allow exploration to proceed without impact to the on-going construction of the Eagle Gold Mine. read more

MGX Minerals Announces Completion of Geotechnical Drilling at Driftwood Creek Magnesium; Reports 87 Meters of 41.3% Magnesium Oxide

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CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (OTCQB:MGXMF) (FSE:1MG) is pleased to announce the completion of a geotechnical drill program and associated assay results from its Driftwood Creek magnesium project (“Driftwood Creek”) in southeastern British Columbia. The objective of the drill program was to establish pit wall stability and assess static pressure of groundwater using piezometers. A summary of assay results is provided below: read more

Advantage Lithium Announces $12 Million Financing

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V.AAL, Advantage Lithium, lithium, Argentina, David Sidoo

Advantage Lithium Corp. (the “Corporation” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to announce that it has arranged a private placement (the “Private Placement“) of 15,585,000 common shares (“Common Shares“) of Advantage Lithium at a price of $0.77 per Common Share for gross proceeds of $12,000,450. The Corporation also reports that subscribers have been identified to fill the placement. Advantage Lithium will use the proceeds from the Private Placement for general working capital and to fund continued development and exploration activities on its Lithium properties in Argentina. The Common Shares issued pursuant to the Private Placement will be subject to a four month hold period from the date of closing. read more

Skyharbour Announces a Private Placement of Common and Flow-Through Shares

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V.SYH, Skyharbour, Uranium,

Skyharbour Resources Ltd. (TSX-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) announces that it has arranged a non-brokered private placement of up to 2,000,000 units of the Company (the “Units”) at a price of CAD $0.40 each and up to 1,500,000 flow-through Units (the “FT Units”) at a price of CAD $0.45 each, for combined total gross proceeds of up to CAD $1,475,000. Each Unit will be comprised of one common share and one warrant (“Warrant”). Each whole Warrant will entitle the holder to purchase one additional common share for two (2) years at a price of CAD $0.60 each.  Each FT Unit will be comprised of one flow-through common share and one-half of one warrant (“Warrant”). Each whole Warrant will entitle the holder to purchase one additional common share for two (2) years at a price of CAD $0.60 each. read more