Stratabound Reports 3.33% Copper Equivalent over 4.8m True Width Near Surface at Captain Cu-Co-Au-Ag Deposit, Bathurst District, New Brunswick
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Tag: silver
Eloro Resources Announces Filing of Preliminary Short Form Prospectus
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 (see Eloro press releases dated March 2, 2021 and March 3, 2021), it has filed a preliminary 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. and Cantor Fitzgerald Canada Corporation as co-lead underwriters and joint-bookrunners, and Cormark Securities Inc. as co-lead underwriter (collectively, the “Underwriters”) have agreed to purchase, on a bought deal basis, 5,800,000 units (the “Units”) at a price of C$3.75 per Unit (the “Issue Price”) for gross proceeds to the Company of C$21,750,000 (the “Offering”).
Newlox Gold Pursues US Listing
Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CNSX:LUX.CN) (Frankfurt/Stuttgart:NGO) (OTC:NWLXF) is pleased to announce it has begun the process to list the Company’s common shares in the United States on the OTC market. The Company’s shares are now quoted on the Pink Open Market, which is the first step toward a formal listing on the OTCQB Venture Market, allowing ease of accessibility to the US investment community.
Tocvan Announces Amended Private Placement
Tocvan Ventures Corp. (“Tocvan” or the “Company”) (TOC:CSE) (CNSX:TOC.CN) announces that its previously disclosed non-brokered private placement announced on January 28, 2021 has been amended from U.S. to CDN. dollars and will now consist of the issuance of up to 2,500,000 units (the “Units”) at CDN$0.60 per Unit, for gross proceeds of up to CDN$1,500,000
(the “Offering”). Each Unit is comprised of one common share of the Company (“Share”) and one share purchase warrant
(“Warrant”). Each Warrant will entitle the holder to acquire one additional Share in the capital of the Company at a price of CDN$0.75 for a period of 18 months from the date the Units are issued, subject to the accelerated expiry provision described below. The Company may pay finder fees and finder warrants to eligible finders.
Stratabound Reports More Drill Results on Golden Culvert, Yukon Territory
- Drilling extends mineralization to 730m strike below-surface within 970m of strike indicated through surface trenching.
- Deepest intersection to date of 4.83 g/t Au/1.5m down-hole at 225m below surface in hole GC20-02.
- First of seven in-fill definition drill holes yields up to 5.80 g/t Au over 0.7m.
- Four parallel gold-mineralized structures are intercepted in hole GC20-10.
Stratabound Minerals Corp. (TSXV: SB) (OTC Pink: SBMIF) (“Stratabound” or the “Company”) reports more assay results on diamond drilling completed at its flagship Golden Culvert Project in the southeastern Yukon Territory.
GR Silver Mining Drills High-Grade Near Surface Mineralization in the San Juan Area at Plomosas:
5.7 m @ 611 g/t Ag, 0.5 % Pb and 1.7 % Zn (685 g/t AgEq1), including
1.7 m @ 1,762 g/t Ag, 1.3 % Pb and 4.9 % Zn (1,967 g/t AgEq), and including
0.7 m @ 3,755 g/t Ag, 2.5 % Pb and 9.7 % Zn (4,145 g/t AgEq)
Eloro Resources Announces Upsize to Previously Announced Bought Deal Financing to C$21.75 Million
Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that it has amended the terms of its previously announced bought deal financing to increase the size of the offering to C$21.75 million (the “Upsized Offering”).
Newlox Gold’s Local Partners Prepare For Mercury-Free Gold and Silver Production
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Eloro Resources Announces C$12,900,000 Bought Deal Financing
Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. to act as co-lead underwriter and sole bookrunner, and Cormark Securities Inc. to act as co-lead underwriter (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 3,440,000 units (the “Units”) at a price of C$3.75 per Unit (the “Issue Price”) for gross proceeds to the Company of C$12,900,000 (the “Offering”).
GR Silver: A little over a minute with CEO Marcio Fonseca
Marcio Fonseca is the CEO of GR Silver. This is a very quick video which gives an overview of the company’s activities exploring for silver (and gold) in Mexico.