Subscribe: Market Wire - Manufacturing and Production: Mining and Metals
http://img.marketwire.com/rss/mwMPMM.rss
Added By: Feedage Forager Feedage Grade B rated
Language: English
Tags:
british columbia  company  gold  jan  marketwired jan  marketwired  pleased announce  tsx venture  tsx  vancouver  venture 
Rate this Feed
Rate this feedRate this feedRate this feedRate this feedRate this feed
Rate this feed 1 starRate this feed 2 starRate this feed 3 starRate this feed 4 starRate this feed 5 star

Comments (0)

Feed Details and Statistics Feed Statistics
Preview: Market Wire - Manufacturing and Production: Mining and Metals

Marketwired - Mining and Metals



Marketwired - Mining and Metals



Last Build Date: Tue, 24 Jan 2017 04:31:43 EST

Copyright: Copyright: (C) Marketwired
 



Advantage Lithium Provides Update on Orocobre Transaction and $20M Financing for Argentina Assets

Tue, 24 Jan 2017 03:47:39 EST

Company to proceed with Orocobre transaction to acquire the Cauchari project, which hosts an inferred lithium brine resource and large defined exploration target




Altair Plans Gravity Survey Prior to Drilling the Kosovo Zinc-Lead-Silver Project

Tue, 24 Jan 2017 03:00:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 24, 2017) - ALTAIR RESOURCES INC. ("Altair" or the "Company") (TSX VENTURE:AVX)(FRANKFURT:90A)(ISIN:CA02137W1014)(WKN:WKN A2ALMP) Mr. John Huguet, Chairman of the Board and CEO, wishes to announce the scheduling and planning of a gravity survey to precede drilling, under the 2017 exploration program scheduled to begin in March on its Invictus Project, Mitrovica District, Kosovo.




Western Areas Announces December 2016 Quarterly Activities Report

Mon, 23 Jan 2017 20:21:36 EST

Strong free cashflow, improved offtake terms and lower unit cash costs




Axine Water Named to the 2017 Global Cleantech 100

Mon, 23 Jan 2017 20:00:00 EST

List highlights private companies best positioned world-wide to solve tomorrow's clean technology challenges




Teck Media and Investor Audiocast Advisory

Mon, 23 Jan 2017 19:11:35 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 23, 2017) - Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") President and Chief Executive Officer, Don Lindsay will be speaking at the CIBC Whistler Institutional Investor Conference on Thursday, January 26, 2017 at 11:00 a.m. Eastern/8:00 a.m. Pacific time. The discussion may include information on company strategy, financial performance and outlook for the company's business units.




Appia Closes Private Placement

Mon, 23 Jan 2017 17:10:34 EST

TORONTO, ONTARIO--(Marketwired - Jan. 23, 2017) - Appia Energy Corp. (the "Company" or "Appia") (CSE:API) (CSE:API.CN) is pleased to announce that further to its News Release of January 3, 2017, the Company has closed its non-brokered private placement (the "Offering") with the sale of 5,000,000 working capital units ("WC Units") at $0.20 per WC Unit for proceeds of $1,000,000. The Company intends to use the proceeds from the Offering to drill the Loranger Property and for exploration of the Otherside Property to bring it to the drilling stage and for working capital.




Starrex Announces Expiration of the Management Cease Trade Order

Mon, 23 Jan 2017 17:01:49 EST

TORONTO, ONTARIO--(Marketwired - Jan. 23, 2017) - Starrex International Ltd. ("Starrex" or the "Company") (CSE:STX)(CSE:STX.CN) is pleased to announce that, following completion on January 18, 2017 of all its anticipated restatements and re-filings of previously filed financial statements and management discussion and analyses (see press release dated January 18, 2017), the Ontario Securities Commission (the "OSC") has given notice, effective as of January 20, 2017, of the expiration of the management cease trade order dated January 11, 2016 prohibiting the Company's then current Chief Executive Officer and Chief Financial Officer from trading, directly or indirectly, in the securities of Starrex until two full business days following the receipt by the OSC of all filings that the Company was required to make under Ontario securities law or other order of the Director of the OSC. That management cease trade order has now expired.




Geoscience BC receives $10 million in new funding from BC government for mineral, water and energy earth science research

Mon, 23 Jan 2017 16:35:48 EST

VANCOUVER, BC--(Marketwired - January 23, 2017) - Geoscience BC thanked the provincial government for its commitment of $10 million in new funding over two years to support mineral, water and energy earth science research in British Columbia. Premier Christy Clark, made the funding announcement at the Association of Mineral Exploration Annual Round-up Conference in Vancouver today.




West Kirkland Mining Inc. Retains Alpha Advisory for Investor Relations Services

Mon, 23 Jan 2017 16:30:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 23, 2017) - West Kirkland Mining Inc. (TSX VENTURE:WKM) ("West Kirkland" or the "Company") announces today that it has retained Alpha Advisory Services Inc., ("Alpha"), to provide investor relations and consulting services.




Fortuna Announces US$65 Million Bought Deal Financing

Mon, 23 Jan 2017 16:23:03 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 23, 2017) - Fortuna Silver Mines Inc. (NYSE:FSM)(TSX:FVI) ("Fortuna" or the "Company") announces that it has entered into an agreement with a syndicate of underwriters, co-led by Raymond James Ltd., BMO Capital Markets and Scotia Capital Inc. (together the "Underwriters"), pursuant to which the Underwriters have agreed to buy on a bought deal basis, 10,325,000 common shares of the Company (the "Common Shares") at a price of US$6.30 per Common Share, for total gross proceeds of approximately US$65.0 million (the "Offering"). The Company has also granted to the Underwriters an over-allotment option (the "Over-Allotment Option") to purchase up to 1,548,750 additional Common Shares (the "Over-Allotment Shares", and together with the Common Shares, the "Offered Shares"). The Over-Allotment Option will be exercisable for a period of 30 days following closing of the Offering.




Platinum Group Metals Announces US$25 Million Bought Deal Financing

Mon, 23 Jan 2017 16:16:33 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 23, 2017) - Platinum Group Metals Ltd., (TSX:PTM)(NYSE MKT:PLG) (the "Company" or "Platinum Group Metals") has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets under which the underwriters have agreed to buy on a bought deal basis 17,125,000 common shares of the Company (the "Common Shares"), at a price of US$1.46 per Common Share for gross proceeds of approximately US$25 million (the "Offering"). The Company has granted the underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any, and for market stabilization purposes. The Offering is expected to close on or about January 31, 2017 and is subject to customary closing conditions including, but not limited to, Toronto Stock Exchange and NYSE MKT approvals.




Fairmont Resources Inc. (TSX-V: FMR) Closes Final Tranche of Financing

Mon, 23 Jan 2017 15:24:17 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 23, 2017) - Fairmont Resources Inc. ("Fairmont") (TSX VENTURE:FMR) is pleased to announce that is has closed the final tranche of its previously announced private placement financing by issuing 2,142,857 units (the "NFT Units") at a price of $0.07 per NFT Unit for gross proceeds of $150,000. Under the entire financing, Fairmont issued a total of 1,425,000 flow-through units (the "FT Units") for gross proceeds of $114,000 and 2,142,857 NFT Units for gross proceeds of $150,000.




Firma's GracePoint Mining Corp. announces completion of payments and confirmation of the Joint Venture with MX Gold Corp.

Mon, 23 Jan 2017 14:19:57 EST

HENDERSON, NV --(Marketwired - January 23, 2017) - Firma Holdings Corp. (OTC PINK: FRMA), through its subsidiary GracePoint Mining Corp., announces that, further to its news release dated October 25, 2016, MX Gold Corp. (TSX VENTURE: MXL) (FRANKFURT: ODV) (OTCQX: MXLGF) has paid all remaining installments, totaling $2.5 million USD, and has earned a 50% participating ownership interest and 45% net profit participating interest in the Magistral, Del Oro tailings project located in Mexico (the "Project").




Tudor Gold Corp. Retains Mr. Jeff Kyba, P. Geo.

Mon, 23 Jan 2017 13:48:01 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 23, 2017) - Tudor Gold Corp. (TSX VENTURE:TUD)(FRANKFURT:TUC) (the "Company" or "Tudor Gold") is pleased to announce it has retained the services of Mr. Jeff Kyba, P. Geo. to provide advice and direction on the exploration and development of the Company's mineral claims in the "Golden Triangle" near Stewart, BC. Having worked with both the British Columbia Geological Survey and the British Columbia Ministry of Mines in the Skeena Mining District, which includes the Golden Triangle, Mr. Kyba brings a wealth of personal knowledge about the mineralization and potential of the geologically-complex areas in and around the Tudor Gold claims.




Amex: Private Placement

Mon, 23 Jan 2017 13:16:45 EST

MONTREAL, QUEBEC--(Marketwired - Jan. 23, 2017) -




Puma Exploration provides update and clarifies disclosure on the Murray Brook Property Acquisition

Mon, 23 Jan 2017 13:00:00 EST

RIMOUSKI, QUEBEC--(Marketwired - Jan. 23, 2017) - In its ongoing plan of action to acquire the Murray Brook Property, Puma Exploration Inc. (TSX VENTURE:PUM) (the "Company " or "PUMA") is pleased to update investors concerning the acquisition of the Murray Brook Property and wishes to clarify the value of the deposit as reported on December 28th, 2016 in the "L'Avantage" Rimouski newspaper.




Media Advisory: Geoscience BC to release results from largest airborne geophysical survey indicating potential for new copper, silver, molybdenum in west-central B.C.

Mon, 23 Jan 2017 13:00:00 EST

VANCOUVER, BC--(Marketwired - January 23, 2017) -




Les Ressources Komet Inc. : Augmentation constante de la production en 2016

Mon, 23 Jan 2017 12:34:10 EST

QUÉBEC, QUÉBEC--(Marketwired - 23 jan. 2017) - Les Ressources Komet Inc. (« Komet » ou la « Société ») (TSX CROISSANCE:KMT) est heureuse d'annoncer le maintien de l'augmentation de la production et des ventes d'or au quatrième trimestre de 2016.




Komet Resources Inc.: Constant Increase in Gold Production Throughout 2016, Gold Sales Also Increased

Mon, 23 Jan 2017 12:30:54 EST

QUEBEC CITY, QUEBEC--(Marketwired - Jan. 23, 2017) - Komet Resources Inc. ("Komet" or the "Company") (TSX VENTURE:KMT) is pleased to announce that its Guiro mine has maintained an increase in production and sales of gold in Q4 2016.

Raw gold (average of 91%) production at the Guiro mine for the quarter was recorded at 26.6 kilos. This is an increase of 13% compared to the previous quarter which was recorded at 23.5 kilos.




White Gold Corp. Reports 2016 Exploration Results: Assay Results up to 110 g/t Au from Grab Samples Along Lira Trend

Mon, 23 Jan 2017 11:37:53 EST

TORONTO, ONTARIO--(Marketwired - Jan. 23, 2017) -




Randgold Resources Limited: Kibali ends challenging year with strong finish

Mon, 23 Jan 2017 11:33:17 EST

JERSEY, CHANNEL ISLANDS--(Marketwired - Jan 23, 2017) - Randgold Resources (NASDAQ: GOLD) (LSE: RRS)




Randgold Resources Limited: Kibali ends challenging year with strong finish

Mon, 23 Jan 2017 11:05:01 EST

JERSEY, CHANNEL ISLANDS--(Marketwired - Jan 23, 2017) -  Randgold Resources (NASDAQ: GOLD) (LSE: RRS)




TriStar Gold Retains Integral Wealth as Market Maker

Mon, 23 Jan 2017 11:00:00 EST

SCOTTSDALE, AZ--(Marketwired - January 23, 2017) - TriStar Gold Inc. (TSX VENTURE: TSG) (the "Company" or "TriStar") is pleased to announce that it has retained Integral Wealth Securities ("Integral") to provide market-making services in accordance with TSX Venture Exchange ("TSX.V") policies. Integral will trade shares of the Company on the TSX.V for the purposes of maintaining an orderly market and improving the liquidity of the Company's shares.




Bold Ventures Mobilizes Drill to Black Phoenix at Lac Surprise Gold Project, Québec

Mon, 23 Jan 2017 10:55:51 EST

TORONTO, ONTARIO--(Marketwired - Jan. 23, 2017) - Bold Ventures Inc. (TSX VENTURE:BOL) ("Bold") and Northern Superior Resources Inc. (TSX VENTURE:SUP) ("Northern Superior") are pleased to announce that Bold has mobilized a diamond drill to test several gold targets recently identified from ground IP and magnetic surveys completed over a portion of the Black Phoenix area, Lac Surprise Project, Québec (see Bold/ Northern Superior news release, October 20, 2016). The diamond drill program will consist of 4 to 6 holes, or approximately 1,200 m. The program will commence immediately.




AME's Mineral Exploration Roundup 2017 Showcases Industry Creativity and Collaboration

Mon, 23 Jan 2017 10:55:00 EST

Highlight Speakers: Goldcorp's David Garofalo, Teck's Don Lindsay, B.C. Premier Christy Clark




Delisting of Giyani Gold from the Exchange Operated by JSE Limited

Mon, 23 Jan 2017 10:42:58 EST

OAKVILLE, ONTARIO--(Marketwired - Jan. 23, 2017) -




Angkor Reports Discovery of Gold at Okalla West Concentrated in 2 Metre Thick Soil Layer

Mon, 23 Jan 2017 10:17:15 EST

VANCOUVER, BC--(Marketwired - January 23, 2017) - Angkor Gold Corp. (TSX VENTURE: ANK) (OTC PINK: ANKOF) ("Angkor" or "the Company") is pleased to announce recent exploration results from the Okalla West Exploration Prospect, Cambodia. The Okalla West surface gold zone is within the Company's 150 km2 Banlung Exploration license, Cambodia. Work on Okalla West is done under an agreement with Blue River Resources Ltd. (TSX VENTURE: BRX).




Liberty Silver Corp. Announces Amendments to the Loan Facility with BG Capital Group Ltd and Loan Conversion

Mon, 23 Jan 2017 10:09:42 EST

TORONTO, ONTARIO--(Marketwired - Jan. 23, 2017) - Liberty Silver Corp. ("Liberty" or the "Company") is pleased to announce that on January 20, 2017 it reached an agreement with BG Capital Group Ltd. ("BGCG") to amend the loan agreement among the Company and BGCG effective as of November 14, 2013 and amended and restated effective October 15, 2014 (the "2014 Loan Agreement"), the terms of which were previously disclosed in Company's press release of October 17, 2014.




APMEX Appoints Mark Yoshimura as Chief Operating Officer

Mon, 23 Jan 2017 10:07:34 EST

OKLAHOMA CITY, OK--(Marketwired - January 23, 2017) - APMEX, Inc. has announced it has named Mark Yoshimura as the company's next Chief Operating Officer. Mr. Yoshimura joined APMEX in August 2012 as Vice President of Operations before taking his most recent role as Vice President of Sales and Customer Service. As Vice President of Sales, Mr. Yoshimura was responsible for managing APMEX's Purchasing, Sales and Customer Service functions.




RCG Adds Technical and Business Depth to Board of Directors

Mon, 23 Jan 2017 09:30:00 EST

VANCOUVER, BC--(Marketwired - January 23, 2017) -




Métanor : Regroupement d'actions

Mon, 23 Jan 2017 09:26:58 EST

VAL-D'OR, QUÉBEC--(Marketwired - 23 jan. 2017) - Ressources Métanor Inc. (« Métanor ou la Société ») (TSX CROISSANCE:MTO) est fière d'annoncer qu'elle entend divulguer son premier profit, lors de la publication de ses états financiers trimestriels au début de février (pour la période terminée le 31 décembre 2016) et, qu'elle désire soumettre à ses actionnaires une résolution l'autorisant à regrouper les actions de son capital social sur une base maximale de dix (10) actions pré-regroupement pour une (1) action post-regroupement lors d'une assemblée extraordinaire qui aura lieu le 20 mars 2017.




Metanor: Share Consolidation

Mon, 23 Jan 2017 09:25:42 EST

VAL-D'OR, QUEBEC--(Marketwired - Jan. 23, 2017) - Metanor Resources Inc. ("Metanor" or the "Corporation") (TSX VENTURE:MTO) is pleased to announce that it expects to release in early February, its first quarterly profit (period ended December 31, 2016) since commencement of operations. It also plans on submitting to its shareholders during a special meeting to take place March 20, 2017, a resolution authorizing management to proceed with the consolidation of the Corporation's share capital, on the maximum basis of 1 post consolidation share for every 10 pre-consolidation shares held (10:1).




Nicola Mining Resamples Historic Craigmont Drill Hole S-100 Intersecting 0.54% Copper Over 116.7 Metres

Mon, 23 Jan 2017 09:25:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 23, 2017) - Nicola Mining Inc. (TSX VENTURE:NIM) (the "Company") is pleased to announce results of historic and resampled diamond drill core from hole S-100. Hole S-100 was originally drilled in January 1978 on the Embayment target located on the Thule property 10 km west of Merritt, B.C.




TomaGold entreprend une campagne de forage sur sa propriété Obalski

Mon, 23 Jan 2017 09:17:42 EST

La campagne débutera cette semaine et consistera d'environ 1 700 mètres




TomaGold starts drilling on its Obalski property

Mon, 23 Jan 2017 09:16:11 EST

The program started this week and will consist of about 1,700 metres of drilling




Rokmaster Closes Acquisition of the Duncan Lake Zinc-Lead Property

Mon, 23 Jan 2017 09:15:00 EST

VANCOUVER, BC--(Marketwired - January 23, 2017) - Rokmaster Resources Corp. ("Rokmaster" or the "Company") (TSX VENTURE: RKR) is pleased to announce that it has closed the acquisition of a 100% interest in the Duncan Lake Zinc-Lead Property located in the Slocan Mining Division in southeast British Columbia, Canada (the "Property") pursuant to a property purchase agreement dated November 2, 2016 (the "Purchase Agreement").




AsiaBaseMetals Inc. Announces Appointment to the Advisory Board

Mon, 23 Jan 2017 09:00:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 23, 2017) - AsiaBaseMetals Inc. (the "Company") (TSX VENTURE:ABZ) is pleased to announce that it has appointed Mr. Bob Jacko to the Advisory Board of the Company.




Alabama Graphite Corp. Announces Analyst Coverage Initiated by Stormcrow Capital Ltd.

Mon, 23 Jan 2017 09:00:00 EST

The Energy Graphite Company(TM)

Sourced and Manufactured in the United States of America




Canadian Orebodies to Commence Trading on TSX Venture Exchange and Provides Comprehensive Exploration and Corporate Update

Mon, 23 Jan 2017 09:00:00 EST

TORONTO, ONTARIO--(Marketwired - Jan. 23, 2017) - Canadian Orebodies Inc. ("Orebodies" or the "Company") is pleased to announce that the Company's common shares will commence trading on the TSX Venture Exchange effective at the opening of trading on January 26, 2017 under the ticker symbol "CORE".




IDM Mining Announces Resource Update at Red Mountain and Reports Significant Increase in Measured and Indicated Resources and Boosts Gold Grade

Mon, 23 Jan 2017 09:00:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 23, 2017) - IDM Mining Ltd. (TSX VENTURE:IDM) ("IDM" or the "Company") is pleased to announce the results of an updated resource estimate for the Red Mountain Gold Project ("Red Mountain" or the "Project"), located in northwestern British Columbia near the town of Stewart, BC. The updated resource includes the results from additional drilling completed by IDM during 2016 which expanded mineralization along strike to the north, south, and down-dip, as well as additionally upgrading previous inferred resources. This estimate has yielded a 32% increase in contained Measured & Indicated ("M&I") gold ounces, and an increase in average grade from 8.36 g/t to 8.75 g/t Au. The resource estimate is authored by Dr. Gilles Arseneau, P.Geo and Andrew Hamilton, P.Geo with input from IDM's technical team.




Duran's Aguila Norte Mineral Processing Plant Commissioning Update

Mon, 23 Jan 2017 09:00:00 EST

TORONTO, ONTARIO--(Marketwired - Jan. 23, 2017) - Duran Ventures Inc. (TSX VENTURE:DRV) (LMA:DRV) ("Duran" or the "Company") is pleased to provide an update on the commissioning of its Aguila Norte Mineral Processing Plant ("Aguila Norte" or the "Plant") located in Northern Peru. The Plant is currently processing third party mineral during the initial commissioning phase. Concentrates are being produced and the Company will soon commence processing its 100% owned lead-zinc-silver mineral that was purchased in 2016.




Newrange Gold Announces Non-Brokered Private Placement

Mon, 23 Jan 2017 08:50:00 EST

VANCOUVER, BC --(Marketwired - January 23, 2017) - Newrange Gold Corp. (TSX VENTURE: NRG) (FRANKFURT: X6C)("Newrange" or the "Company") is pleased to announce a non-brokered private placement for up to $800,000 comprised of up to 9,411,765 units at a price of $0.085 per unit (the "Units"). Each Unit consists of one common share and one share purchase warrant entitling the holder to purchase one additional common share for a two (2) year period at a price of $0.12 per share ("the Warrants"). The Warrants may be accelerated under certain terms if the 20 day volume weighted average is equal to or higher than $0.20. Proceeds raised from the private placement will be used to advance the Company's high grade Pamlico project and for general working capital.




Orbite fait une mise à jour sur la production d'HPA

Mon, 23 Jan 2017 08:49:54 EST

La pureté de l'HPA maintenue dans la section de calcination

Premières commandes commerciales reçues




PyroGenesis Provides Update on Additive Manufacturing Strategy; on Schedule for Q1 2017 Powder Production

Mon, 23 Jan 2017 08:41:39 EST

MONTREAL, QUEBEC--(Marketwired - Jan. 23, 2017) - PyroGenesis Canada Inc. (http://pyrogenesis.com) (TSX VENTURE:PYR)(OTCQB:PYRNF), a clean-tech company (the "Company" or "PyroGenesis") that designs, develops, manufactures and commercializes plasma waste-to-energy systems and plasma torch products, provides herein a general update on its previously announced additive manufacturing strategy.




MX Gold Corp. Completes Acquisition of Magistral Joint Venture

Mon, 23 Jan 2017 08:30:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 23, 2017) - MX Gold Corp. (TSX VENTURE:MXL)(FRANKFURT:ODV)(OTCQX:MXLGF) (the "Company" or "MX Gold") is pleased to announce that, further to its news release dated December 7, 2016, it has paid all remaining installments and has earned a 50% participating ownership interest and 45% net profit participating interest in the Magistral, Del Oro tailings project located in Mexico (the "Project").




Midas Gold Resumes Resource Optimization Drilling at its Stibnite Gold Project, Idaho

Mon, 23 Jan 2017 08:30:00 EST

MGI-16-415 intersects 3.1g/t Au, 10.7g/t Ag & 0.49% Sb over 42.7m (4.2g/t AuEq(3))

MGI-16-417 intersects 2.2g/t Au, 8.0g/t Ag & 0.46% Sb over 122.5m (3.2g/t AuEq(3))




Everton Announces Hecla Will Perform a $925,000 Exploration Program, Including 2,500 Metres of Drilling, on the Opinaca B Property in the Eleonore Mining Camp in James Bay, Quebec

Mon, 23 Jan 2017 08:30:00 EST

OTTAWA, ONTARIO--(Marketwired - Jan. 23, 2017) - NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN




Orbite HPA Production Update

Mon, 23 Jan 2017 08:21:23 EST

HPA Purity Maintained in Calcination Section

First Commercial Orders Booked




INV Metals Awarded Exploration Concessions

Mon, 23 Jan 2017 08:16:41 EST

TORONTO, ONTARIO--(Marketwired - Jan. 23, 2017) - INV Metals ("INV Metals" or "Company") (TSX:INV) is pleased to report it has been awarded the mining title to 9 adjoining concessions in Ecuador, totalling 30,278 hectares, named the Las Peñas project ("Las Peñas" or "Property").




Gowest to Acquire 50% Ownership Interest in Redstone Mill

Mon, 23 Jan 2017 08:10:00 EST

Executes Non-Binding Letter of Intent with Northern Sun

Securing Mill Capacity for Bradshaw Gold Deposit




Osisko Intersects 12.7 g/t Au Over 5.4 Metres at Windfall

Mon, 23 Jan 2017 08:00:00 EST

Caribou Corridor CS1 Zone Expanded by 120 meters




Osisko obtient 12,7 g/t Au sur 5,4 mètres au Lac Windfall

Mon, 23 Jan 2017 08:00:00 EST

La zone CS1 du couloir Caribou est prolongée de 120 mètres




Fura Strengthens Management Team With the Appointment of Dev Shetty as President and CEO

Mon, 23 Jan 2017 07:30:00 EST

TORONTO, ONTARIO--(Marketwired - Jan. 23, 2017) - Fura Emeralds Inc. ("Fura" or the "Company") (TSX VENTURE:FUR) is pleased to announce the appointment of Devidas ("Dev") Shetty as the President and Chief Executive Officer of the Company and as a member of the Company's board of directors, effective immediately.




Black Iron - Public Hearing to Obtain Surface Rights at the Shymanivske Project Completed & Iron Ore Prices Rising

Mon, 23 Jan 2017 07:30:00 EST

- Public Hearing to Transfer Surface Rights for the Shymanivske Project From the City of Kryviy Rih Completed

- Iron Ore Prices Trending Up and Currently ~$80/T Off a Low of Us$38/T One Year Ago




Winston Gold Outlines New High-Grade Gold Vein

Mon, 23 Jan 2017 07:30:00 EST

WINNIPEG, MANITOBA--(Marketwired - Jan. 23, 2017) - Winston Gold Mining Corp. ("Winston Gold" or the "Corporation") (CSE:WGC)(OTCQB:WGMCF) is pleased to announce that it has been able to outline a high-grade gold vein which could be amenable to underground mining.




Balmoral Intersects 41.95 Metres Grading 3.24 g/t Gold Including 11.58 Metres Grading 6.30 g/t Gold, Bug South Gold Deposit, Martiniere Property, Quebec

Mon, 23 Jan 2017 07:30:00 EST

VANCOUVER, BC--(Marketwired - January 23, 2017) - Balmoral Resources Ltd. ("Balmoral" or the "Company") (TSX: BAR)(OTCQX: BALMF) today reported that the Bug South gold deposit on its Martiniere Property in Quebec continues to return broad intersection of high grade gold mineralization and show good continuity between sections. Results were released from seven holes testing Bug South completed during the fall program and were highlighted by:




New drill results significantly expand Kakula Copper Discovery at the Kamoa-Kakula Project

Mon, 23 Jan 2017 07:30:00 EST

Step-out drilling extends length of Kakula Discovery by approximately 1.6 kilometres, or 40%, to at least 5.5 kilometres

Kakula and Kamoa both remain open for significant expansion

New resource estimate and preliminary economic assessment being fast-tracked to examine expanded Kamoa-Kakula development options




Goldmoney Inc. Announces Compliance with Shariah Standard on Gold

Mon, 23 Jan 2017 07:30:00 EST

Goldmoney Network Accounts and Wealth Holdings Endorsed as Shariah-Compliant by Amanie Advisors




Cordoba Minerals Intersects 4,440 g/t Gold, 10.25% Copper, 24.7% Zinc and 347 g/t Silver Over 0.9 Meters in New Discovery

Mon, 23 Jan 2017 07:01:00 EST

TORONTO, ONTARIO--(Marketwired - Jan. 23, 2017) - Cordoba Minerals Corp. (TSX VENTURE:CDB)(OTCQX:CDBMF) ("Cordoba" or the "Company") and its joint-venture partner, High Power Exploration Inc. ("HPX"), a private mineral exploration company indirectly controlled by mining entrepreneur Robert Friedland's Ivanhoe Industries, LLC, are pleased to announce that drilling at the San Matias Copper-Gold Project in Colombia has intersected bonanza gold veins at Alacran. The discovery of this new style of high grade gold mineralization represents a separate and significant exploration opportunity at Alacran.




Paramount Gold Nevada Receives State Approval to Install Deep Monitoring Wells for Its Grassy Mountain Gold Project

Mon, 23 Jan 2017 07:00:00 EST

Wells to collect data required for mine permitting process




DeepMarkit Brings Back a Classic Arcade Game

Mon, 23 Jan 2017 07:00:00 EST

CALGARY, ALBERTA--(Marketwired - Jan. 23, 2017) -




Gold Standard Finds Northern Extension of North Bullion High Grade Deposit

Mon, 23 Jan 2017 06:00:00 EST

New Core Drilling Intersects 5.3m Of 7.02g Au/T Within 19.8m Of 4.40g Au/T In Railroad District, Carlin Trend Nevada(1)




Terakimti Metallurgical Testwork Confirms Positive Leach Gold Extraction

Mon, 23 Jan 2017 03:15:00 EST

VANCOUVER, BC --(Marketwired - January 23, 2017) - East Africa Metals Inc. (TSX VENTURE: EAM) ("East Africa" or the "Company") is pleased to report the final results of a comprehensive metallurgical test program completed for the Terakimti Oxide Gold Project in the Federal Republic of Ethiopia. Column leach testwork achieved gold extractions up to 74.8% with rapid leach rates.




Moovly listed in top 10 Belgian startups poised for growth in 2017

Mon, 23 Jan 2017 03:01:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 23, 2017) - Moovly Media Inc. (TSX VENTURE:MVY)(FRANKFURT:0PV2) ("Moovly" or the "Company") is pleased to announce that, after a series of key developments in 2016, Moovly was recently listed by Manzer Communications as one of the top 10 Belgian start-ups poised for growth in 2017. http://manzercommunications.com/belgium-startups-poised-to-grow-2017/.




Oceanic Announces Granting of Stock Options

Fri, 20 Jan 2017 18:18:31 EST

MONTREAL, QUEBEC--(Marketwired - Jan. 20, 2017) - Oceanic Iron Ore Corp. (TSX VENTURE:FEO) ("Oceanic" or the "Company") announces that pursuant to the Company's Stock Option Plan, a total of 1,280,000 incentive stock options have been granted to directors, officers, and consultants of the Company. The options are exercisable at a price of $0.25 per share for a period of 10 years expiring on January 20, 2027.




MacDonald Mines Closes Third Tranche of Non-Brokered Private Placement

Fri, 20 Jan 2017 18:00:00 EST

TORONTO, ONTARIO--(Marketwired - Jan. 20, 2017) - MacDonald Mines Exploration Ltd. (TSX VENTURE:BMK) ("MacDonald Mines", or the "Company"), announces that it has closed a third tranche of its private placement offering (the "Offering") originally announced on December 19, 2016, pursuant to which it has issued 5,050,000 non flow-through units of the Company (see below) for gross proceeds of $303,000. Total gross proceeds received to date from the Offering amount to $818,580.




Alamos Gold Provides Notice of Fourth Quarter and Year-End 2016 Financial Results and Conference Call

Fri, 20 Jan 2017 17:10:15 EST

TORONTO, ONTARIO--(Marketwired - Jan. 20, 2017) -




Eastmain to Exhibit and Present at the Metals Investor Forum, Vancouver Resource Investment Conference and the AME Round Up

Fri, 20 Jan 2017 16:09:19 EST

TORONTO, ONTARIO--(Marketwired - Jan. 20, 2017) - Eastmain Resources Inc. ("Eastmain" or the "Company") (TSX:ER) welcomes you to meet with management in Vancouver from Friday January 20, to Thursday January 26 at the Metals Investor Forum, the 2017 Vancouver Resource Investment Conference and the AME Roundup 2017.




Tethys Petroleum Press Release: New Director Appointment

Fri, 20 Jan 2017 16:01:00 EST

GRAND CAYMAN, CAYMAN ISLANDS--(Marketwired - Jan. 20, 2017) - Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) ("Tethys" or the "Company") is pleased to announce the appointment of Medgat Kumar to the Board of Directors of the Company effective today.




Le Fonds de revenu Noranda annonce une distribution au comptant de 0,025 $ par part prioritaire pour le mois de janvier 2017

Fri, 20 Jan 2017 15:06:59 EST

SALABERRY-DE-VALLEYFIELD, QUÉBEC--(Marketwired - 20 jan. 2017) - Le Fonds de revenu Noranda (le « Fonds») (TSX:NIF.UN) a annoncé aujourd'hui que le conseil des fiduciaires de la Fiducie d'exploitation Noranda (le « conseil ») a approuvé une distribution de 0,025 $ par part prioritaire pour le mois de janvier 2017, payable le 27 février 2017 aux porteurs de parts prioritaires inscrits à la fermeture des bureaux le 31 janvier 2017.




Noranda Income Fund Announces a Cash Distribution for the Month of January 2017 of $0.025 Per Priority Unit

Fri, 20 Jan 2017 15:05:03 EST

SALABERRY-DE-VALLEYFIELD, QUÉBEC--(Marketwired - Jan. 20, 2017) - Noranda Income Fund (TSX:NIF.UN) (the "Fund") announced today that the Board of Trustees of Noranda Operating Trust (the "Board") has approved a distribution for the month of January 2017 of $0.025 per Priority Unit payable on February 27, 2017 to Priority Unitholders of record as at the close of business on January 31, 2017.




Focus Graphite reports 102.1 m grading 10.7% Graphitic Carbon (Cg) from its Infill and Extension Drilling Program at Lac Tetepisca, Québec: includes 30.2 m sub-intercept grading 16.7% Cg

Fri, 20 Jan 2017 13:59:16 EST

OTTAWA, ONTARIO--(Marketwired - Jan. 20, 2017) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") is pleased to announce the results from the Company's 2016 infill and extension drilling program at its wholly owned Lac Tétépisca Graphite Project ("the Project") located southwest of the Manicouagan reservoir in the Côte-Nord administrative region of north-eastern Québec. The results of 2016 drilling program (18 holes; total: 2,424 m) combined with the results of the maiden core drilling program carried out on the Project in 2014, (16 holes; total: 1,874 m; refer to Focus news release dated August 17th, 2016 available at www.focusgraphite.com and at www.sedar.com) will form the basis of an initial Mineral Resource Estimate, planned to commence in Q1 2017, to be followed by a Preliminary Economic Assessment (PEA) in Q2 or Q3.




Mundoro Provides Corporate Outlook for 2017

Fri, 20 Jan 2017 12:52:45 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 20, 2017) - Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) ("Mundoro" or the "Company"), is pleased to provide an overview of the Company's goals and growth plans for the coming year. Mundoro enters 2017 with approximately C$5,000,000 in cash and no debt. The Company will aim to build on the successes achieved during 2016. The list below outlines some of the key catalysts and corporate growth plans for 2017:




Pasinex Resources Reports First Silver-Rich Lead Product Sale from Pinargozu Mine through JV Company

Fri, 20 Jan 2017 12:00:00 EST

TORONTO, ONTARIO--(Marketwired - Jan. 20, 2017) - Pasinex Resources Limited (CSE:PSE)(CSE:PSE.CN)(CNSX:PSE)(FRANKFURT:PNX) (the "Company" or "Pasinex") today announced that the Company's Pinargozu Zinc mining operation in Adana, Turkey, operated by the JV company Horzum AS, has just completed its first sale of Lead (Pb) mineral product, which is a by-product of the ongoing zinc production. A total of 392.9 dry tonnes has been sold, at a provisional assay of 61.5% Pb and 400 gram (12.86 troy ozs) per tonne Silver. The product has a provisional value (subject to final agreement on assays) of about US$1,250 per tonne.




Benton Provides Update on Bedivere Gold Project

Fri, 20 Jan 2017 10:53:56 EST

THUNDER BAY, ONTARIO--(Marketwired - Jan. 20, 2017) - Benton Resources Inc. (TSX VENTURE:BEX) ("Benton" or "the Company") is pleased to provide an update on the Company's progress on its Bedivere Lake gold project located 130km west of Thunder Bay, Ontario.




Bigfoot Crane Company Receives Three North American Industry Achievement Awards

Fri, 20 Jan 2017 10:00:00 EST

Canadian-based company recognized for innovation and performance




3DX Industries Metal Printing Division Positioned for Assertive Growth in 2017

Fri, 20 Jan 2017 09:30:00 EST

SEATTLE, WA--(Marketwired - Jan 20, 2017) - 3DX Industries Inc. (OTCQB: DDDX) (the "Company" or "3DX"), a state of the art manufacturer specializing in 3D Metal Printing, is pleased to announce the following update for shareholders. This announcement marks an inaugural step in the Company's strategic initiatives to increase transparency and communication to the investment community alongside benchmarks for growth.




Western Uranium Corporation to Attend Vancouver Resource Investment Conference 2017

Fri, 20 Jan 2017 09:20:39 EST

TORONTO, ONTARIO and NUCLA, COLORADO--(Marketwired - Jan. 20, 2017) - Western Uranium Corporation (CSE:WUC)(CSE:WUC.CN)(OTCQX:WSTRF) ("Western" or the "Company") announces that company representatives of Western will be attending the Vancouver Resource Investment Conference 2017 to be held in Vancouver, British Columbia, Canada on January 22-23, 2017 sponsored by Cambridge House International.




Montalembert: Channel Samples Assay up to 438.23 gpt Gold

Fri, 20 Jan 2017 09:02:39 EST

ROUYN-NORANDA, QUÉBEC--(Marketwired - Jan. 20, 2017) - NATAN RESOURCES LTD (TSX VENTURE:NRL)(FRANKFURT:N071) and GLOBEX MINING ENTERPRISES INC. (TSX:GMX)(FRANKFURT:G1M)(STUTTGART:G1M)(BERLIN:G1M)(MUNICH:G1M)(XETRA:G1M)(OTCQX:GLBXF) are pleased to provide shareholders with an update as regards channel sampling undertaken on the Montalembert Gold Property located near Waswanipi, Quebec.




Colorado Discovers New Gold in Soils Anomaly at Green Springs

Fri, 20 Jan 2017 09:00:00 EST

WEST KELOWNA, BRITISH COLUMBIA--(Marketwired - Jan. 20, 2017) - COLORADO RESOURCES LTD. (TSX VENTURE:CXO) ("Colorado" or the "Company") announces further to entering into a definitive option agreement with Ely Gold & Minerals Inc. ("ELY") (TSX VENTURE:ELY) (see News Release dated December 6, 2016) on the Green Springs Property, it has undertaken geological mapping, collected 642 soil samples, and is in the process of updating the existing permits in preparation for an initial RC drill program.




Columbus Acquires Claims Hosting a Historical Estimate of 272,000 Ounces of Gold Resources Contiguous with its Eastside Gold Project in Nevada

Fri, 20 Jan 2017 08:00:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 20, 2017) -




Scientific Metals Announces Completion of Share Consolidation

Fri, 20 Jan 2017 08:00:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 20, 2017) - Scientific Metals Corp. ("STM" or the "Company") (TSX VENTURE:STM)(FRANKFURT:26X)(OTCQB:SCTFF) is pleased to announce that it has received acceptance from the TSX Venture Exchange ("TSXV") of the previously announced consolidation of the issued and outstanding common shares of the Company on a 4:1 ratio (the "Consolidation"). The common shares will trade on a consolidated basis commencing on January 24, 2017.




Augyva Announces Increased Maximum Proceeds Under Brokered Private Placement

Fri, 20 Jan 2017 07:30:00 EST

TORONTO, ONTARIO--(Marketwired - Jan. 20, 2017) -




Genius Announces Consolidation

Fri, 20 Jan 2017 07:30:00 EST

MONTREAL, QUEBEC--(Marketwired - Jan. 20, 2017) - Genius Properties Ltd. (CSE:GNI)(CSE:GNI.CN) ("Genius" or the "Corporation") announces that it intends to consolidate its current issued and outstanding share capital on a 5 old for 1 new basis (the "Consolidation") on or about February 1, 2017.




Southern Arc Provides Update on Strategic Investment in Tethyan Resources PLC

Fri, 20 Jan 2017 07:30:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 20, 2017) - Southern Arc Minerals Inc. (TSX VENTURE:SA) ("Southern Arc" or the "Company") is pleased to provide an update on its strategic investment in Tethyan Resources PLC ("Tethyan"). Tethyan has announced that:




Stratton Resources To Raise up to $13,000,000 Through Non-Brokered Private Placement

Fri, 20 Jan 2017 07:00:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 20, 2017) - Stratton Resources Inc. (TSX VENTURE:SI) "Stratton" or the "Company"), is pleased to announce a non-brokered private placement for up to 20 million common shares of the Company at a price of CAD$0.65 per share (the "Offering") for gross proceeds of CAD$13,000,000.




Filo Mining Provides Update on 2016/2017 Exploration Program

Fri, 20 Jan 2017 02:00:00 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 20, 2017) - Filo Mining Corporation (TSX VENTURE:FIL)(NASDAQ OMX:FIL) ("Filo Mining" or the "Company") is pleased to announce that the 2016/2017 drill program at the Filo del Sol project is now underway. Two reverse circulation (RC) drills are currently active and a third rig is expected to be added in late January. The focus of the program is on the oxidized portion of the system and on evaluating its potential to be processed by heap leaching. Please see attached maps: http://media3.marketwire.com/docs/1083361m1.pdf and http://media3.marketwire.com/docs/1083361m2.pdf




Minera IRL Limited announces revocation of cease trade orders

Fri, 20 Jan 2017 00:00:00 EST

LIMA, PERU--(Marketwired - Jan. 20, 2017) - Minera IRL Limited ("Minera" or the "Company") (BVLAC:MIRL) announces that the Ontario Securities Commission, as principle regulator, and the British Columbia Securities Commission have revoked the cease trade orders issued on October 28 and October 16, 2015, respectively (the "Cease Trade Orders").




Receipt of Lawsuit Notice from a Fuel Supplier

Thu, 19 Jan 2017 23:51:34 EST

HONG KONG, CHINA--(Marketwired - Jan. 19, 2017) - SouthGobi Resources Ltd. (TSX:SGQ)(HKSE:1878) ("SouthGobi" or the "Company") announces that SouthGobi Sands LLC ("SGS"), a subsidiary of the Company, has received a lawsuit notice from the Khan-Uul District Civil Court of First Instance in Mongolia (the "Court") in relation to a claim from Magnai Trade LLC ("MT"), a fuel supplier of SGS, of MNT 22.2 billion (approximately US$ 8.9 million) consisting of MNT 14.6 billion of outstanding fuel supply payments and MNT 7.6 billion of late payment penalty and associated interest costs.




Introducing The V-Thinity, an innovative in-building public safety antenna solution

Thu, 19 Jan 2017 19:19:57 EST

VANCOUVER, WA--(Marketwired - January 19, 2017) - Pulse Larsen Wireless Infrastructure is pleased to announce the launch of the V-Thinity series of in-building public safety DAS antennas. Part number PSIBVU78 hits the trifecta of VHF+UHF+700 and 800 MHz bands. The PSIBVU78 is well suited for in-building repeater systems and matches frequencies of all major Bi-directional amplifiers for public safety applications.




Tanager Energy Announces Spud Date of Its Raptor A #1 Well Located in Polk, County, Texas

Thu, 19 Jan 2017 18:08:58 EST

CALGARY, ALBERTA--(Marketwired - Jan. 19, 2017) - Tanager Energy Inc. ("Tanager" or the "Corporation") (TSX VENTURE:TAN) is pleased to announce that a drilling rig has moved to the well location and has begun to rig up for drilling the Raptor A #1 well. The well is scheduled to spud on January 20, 2017, and will be drilled to a maximum depth of 4,500 feet. The well should reach total depth within 10 days of spudding. As previously announced, the well will target the Yegua sandstone formation and is located approximately 2.5 miles southwest of Camden, in Polk County, Texas.




Satori Resources Adds Technical Expertise by Board of Directors and Management Appointments

Thu, 19 Jan 2017 16:03:29 EST

TORONTO, ONTARIO--(Marketwired - Jan. 19, 2017) -




Darnley Bay Strengthens Management Team

Thu, 19 Jan 2017 15:22:26 EST

TORONTO, ONTARIO--(Marketwired - Jan. 19, 2017) - Darnley Bay Resources Limited (TSX VENTURE:DBL) ("Darnley Bay" or the "Company") is pleased to announce the appointment of three new important members to its management team, following the successful acquisition of the Pine Point zinc project near Hay River, Northwest Territories.




Niocan amends its $1.65 Million Secured Debenture to extend the maturity date

Thu, 19 Jan 2017 15:10:28 EST

MONTREAL, QUEBEC--(Marketwired - Jan. 19, 2017) - Niocan Inc. ("Niocan" or the "Company") (TSX VENTURE:NIO) announces that it has amended its $1.65 million secured non-convertible debenture with Nio-Metals Holdings LLC ("Nio-Metals") dated February 19, 2013 (the "Amended Secured Debenture") to extend the maturity date from January 15, 2017 to April 15, 2017, subject to no other condition. Except for the maturity date, the other material terms and conditions of the Amended Secured Debenture have remained the same.




WPC Resources to Attend Vancouver Resource Investment Conference

Thu, 19 Jan 2017 15:06:59 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 19, 2017) - WPC Resources Inc. (the "Company" or "WPC") (TSX VENTURE:WPQ) is pleased to announce that it will be attending the Vancouver Resource Investment Conference 2017. The Conference is being held at the Vancouver Convention Centre West at Canada Place on January 22nd and 23rd. Management will be present at Booth 409 between 8:30 a.m. and 5:30 p.m. to meet with shareholders and investors and to discuss the Company and its developments.




Constantine Closes Sale of Mineral Claims for CDN$4.5 million plus Royalties

Thu, 19 Jan 2017 14:42:11 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 19, 2017) - Constantine Metal Resources Ltd. (TSX VENTURE:CEM) ("Constantine" or the "Company") is pleased to announce it has completed the sale of mineral claims to Lake Shore Gold Corp, a wholly owned subsidiary of Tahoe Resources Inc. (see News Release dated November 7, 2016). Constantine has received CDN $4.5 million cash and a 100% interest in the Munro claim that is contiguous to Constantine's Munro-Croesus claims.




IWS Provides Update on Private Placement Financing

Thu, 19 Jan 2017 13:18:25 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 19, 2017) -




Monument Signs Exclusive Option on Matala Gold Project

Thu, 19 Jan 2017 11:53:26 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 19, 2017) - Monument Mining Limited (TSX VENTURE:MMY)(FRANKFURT:D7Q1) ("Monument" or the "Company"), reports that the Company has now signed an Exclusive Option Agreement with Panex Resources Inc. ("Panex"), subsequent to the related announcement made on December 28, 2016, to acquire Panex's 51% controlling interest in the Matala Gold Project. Panex is a public company that acquired rights to earn up to 90% of the Matala Gold Project under a farm-in agreement with Afrimines SARL, the owner of Matala, in June 2016.




Sage to Conduct Surface Drill Program at Clavos

Thu, 19 Jan 2017 11:43:53 EST

TORONTO, ONTARIO--(Marketwired - Jan. 19, 2017) - Sage Gold Inc. (TSX VENTURE:SGX) 'Sage' is planning to commence drilling at its Clavos gold property located 32 kms east north east of Timmins, Ontario in the prolific East Timmins Gold Camp.




Lithium Americas Announces US$112 Million Strategic Investment by Bangchak Petroleum

Thu, 19 Jan 2017 11:33:08 EST

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 19, 2017) - Lithium Americas Corp. (TSX:LAC)(OTCQX:LACDF) ("Lithium Americas" or the "Company") is pleased to announce the investment by The Bangchak Petroleum Public Company Limited ("Bangchak") through its wholly-owned subsidiary, BCP Innovation Pte Ltd ("BCPI"). BCPI has signed an investment agreement (the "Investment Agreement") with Lithium Americas for funding to advance the construction of the Cauchari-Olaroz lithium project in Jujuy, Argentina. Pursuant to the Investment Agreement, BCPI has agreed to financing terms in an aggregate amount of US$112 million in exchange for increasing its ownership stake to 16.4% of the outstanding common shares of Lithium Americas pro-forma (the "Private Placement"); the right to buy a fixed portion of the lithium carbonate production from the Cauchari-Olaroz project (the "Offtake Entitlement"); and a US$80 million project debt facility (the "Project Debt Facility").