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MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG) (OTCQB:MGXMF) (FSE:1MG) is pleased to provide a status update for its Driftwood Creek magnesium project (“Driftwood Creek”) as well as report regional exploration results for its portfolio of magnesium prospects located proximate to Driftwood Creek in southeastern British Columbia.
FSD Pharma Inc. (“FSD” or the “Company”) (CSE:HUGE), is pleased to report that in the one month period of trading between May 29, 2018 and June 28, 2018, the company traded exactly 869,232,894 Class B subordinate voting shares on the Canadian Securities Exchange (“CSE”). This is the largest total quantity of share volume ever traded by a CSE listed issuer within a one month period of consecutive days of trading. Comparatively, the largest amount traded prior on the CSE in a one month period of consecutive days was 380,976,411. This is a new record as confirmed by the CSE.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (OTCQB:MGXMF) (FSE:1MG) is pleased report that the Company’s local Operating Partner (the “Partner”) has filed with the U.S. Bureau of Land Management (“BLM”) an application to complete a a 65.4 square mile 3D seismic survey over the Blueberry Unit (“Blueberry”) at the Company’s Utah Petrolithium Project (the “Project”) located in the Paradox Basin of Utah. The survey will include 9,062 source points and comprise 6,354 vibrator points, 841 buggy drill points and 1,867 Heli points. Pending BLM consultation and approval, the Company plans to commence the 3D Seismic Survey in August.
Bayhorse Silver Inc. (TSXV:BHS) (the “Company” or “Bayhorse“) announces that due to interest from investors, and subject to TSX-V Exchange approval, it is increasing the equity portion of prior announced non-brokered private placement from up to 1,500,000 Units at $0.10 per Unit to 3,000,000 Units for gross proceeds of $300,000.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce that diamond drilling has commenced at its Koot silicon project (“Koot”) north of Cranbrook, BC. and proximate to the Company’s Driftwood Creek magnesium project. Preparations are also underway to commence a drill program on the Wonah silicon project (“Wonah”). Additionally, metallurgical test work has now commenced on mineralized material from the recently acquired Gibraltar silicon project (“Gibraltar”) for assessment of upgrading to standard and solar grade silicon metal. The Summer 2018 drill programs are designed to define initial N.I. 43-101 resource estimates at all three local silicon projects.
FSD Pharma Inc. (“FSD” or the “Company”) (CSE:HUGE) is pleased to provide an update on the progress of the joint venture between its wholly-owned subsidiary, FV Pharma Inc. (“FV Pharma) and Auxly Cannabis Group Inc. (TSX.V – XLY) (“Auxly”).
Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to announce that is has engaged WorleyParsons Chile S.A. to complete a Feasibility Study (FS) on its flagship Pastos Grandes Project in Salta, Argentina.
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”.