Year: 2019

VANCOUVER, British Columbia , Dec. 04, 2019 (GLOBE NEWSWIRE) — New Pacific Metals Corp. (“New Pacific” or the “Company”) is pleased to announce that the Company’s wholly-owned subsidiary has signed an agreement with an arm’s length private Bolivian corporation (the “Vendor”) to acquire a 98% interest in the Silverstrike silver project (the “Silverstrike Project” or the “Project”) from the Vendor by making a one-time cash payment of US$1.35 million.  New Pacific will cover 100% of the future expenditures of exploration, mining, development and production activities.  The agreement has a term of 30 years and renewable for another 15 years without any payment and is subject to an approval by Autoridad Jurisdiccional Administrativa Minera (“AJAM”) in Bolivia. The Silverstrike Project, at an elevation of 4,000 to 4,500 metres (“m”),...

Opening Position DisclosureFORM 8.3PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1.         KEY INFORMATION2.         POSITIONS OF THE PERSON MAKING THE DISCLOSUREIf there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.(a)   Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)All interests and all short positions should be disclosed.Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant...

Mississauga, Ontario, Dec. 04, 2019 (GLOBE NEWSWIRE) — Dexterra is pleased to announce that it has acquired a 100 per cent stake in Powerful Group of Companies (PGC), a premier facilities maintenance provider operating in Ontario, Alberta and British Colombia.For nearly 20 years, PGC has been providing a range of HVAC, electrical, plumbing, carpentry, communications, fire safety, energy management and interior renovation services. Paul Docherty, who has led the company since founding it in 2000, will continue to lead PGC as a division of Dexterra in his new role as Executive Vice President.“The acquisition of PGC represents a significant step forward for our business as we seek to the be the partner of choice for the operations and maintenance of facilities and infrastructure,” said John Mac Cuish, President and CEO, Dexterra. “Their...

Opening Position DisclosureFORM 8.3PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1.         KEY INFORMATION2.         POSITIONS OF THE PERSON MAKING THE DISCLOSUREIf there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.(a)   Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)All interests and all short positions should be disclosed.Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant...

TORONTO, Dec. 04, 2019 (GLOBE NEWSWIRE) — Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it has agreed to acquire US$5 million of 10% secured convertible debentures (the “Debentures”) in a non-brokered private placement offering (the “Offering”) of US$20 million principal amount of Debentures by Gold X Mining Corp. (TSXV: GLDX, formerly Sandspring Resources Ltd). The proceeds of the Offering will be used solely by Gold X Mining for exercising the option to purchase, through its wholly owned subsidiary, ETK, Inc. (“ETK”), 100% of the interest in the Toroparu Project in Guyana held by Mr. Alphonso pursuant to a joint venture agreement between Mr. Alphonso and ETK.Commenting on the transaction, Lombardo Paredes, Chief Executive Officer of the Company, stated, “The exercise by Gold X Mining of its option to purchase...