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Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN; FSE: N071) is pleased to report it has added 19,352 hectares (47,818 acres) to its land position at the Montalembert gold project for a total land holding of 26,645 hectares (65,839 acres).
Argentina Lithium & Energy Corp. (TSXV:LIT) (FSE:OAY2) (WKN: A0RK7E) (OTC: PNXLF), “Argentina Lithium” or the “Company”) is pleased to announce that it has obtained the necessary permits to drill test its 100%-controlled Incahuasi Lithium Project in Catamarca Province, Argentina. Drilling is expected to commence in early February, 2018.
Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce the results of the first drill hole from its 13-drill-hole, 7,814 m drill program on the Fenton property, located 50 km southwest of Chapais and 50 km north of Osisko’s Windfall Lake gold deposit in the heart of the Urban-Barry’s belt.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce the Company’s operating partner (the “Paradox Partner”) has received approval from the State of Utah Division of Oil, Gas & Mining to conduct a 3D geophysical survey (the “Survey”) on the Blueberry Unit (“Blueberry”) at its Paradox Basin Petrolithium Project (the “Project”). The Survey will outline subsurface geological formations and structures favorable for accumulations of oil and gas as well as lithium brine bearing formations.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce that wholly-owned subsidiary ZincNyx Energy Solutions, Inc. (“ZincNyx”) has commenced development of a scaled-up 20 kW system for use in utility-scale battery storage. The 20kW/160kWh modules represent a 4x increase in both energy and power as compared to ZincNyx’s current 5kW systems. The 20kW system retains all attributes of existing 5kW systems while providing additional benefits, including lower costs and higher energy density along with the ability to serve broader market segments.
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE MKT:NXE) is pleased to announce that the winter 2018 drill program has begun at our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan.
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.
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).
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.
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.