Month: January 2020

TORONTO, Dec. 31, 2019 (GLOBE NEWSWIRE) — Itafos (TSX VENTURE: IFOS) (the “Company”) announced today that it has completed its previously announced US$36,000,000 capital raise with CL Fertilizers Holding LLC (“CLF”) through a non-brokered private placement financing of US$15,000,000 and an amendment to increase the availability of a previously issued unsecured subordinated promissory note by US$21,000,000. The proceeds of the capital raise are expected to be used to fund general working capital and capital expenditure needs of the Company and its subsidiaries.CLF subscribed for 38,076,923 shares in the capital of the Company (the “Subject Shares”) at an offering price of CAD$0.52 per share on a non-brokered private placement basis, for aggregate gross proceeds of US$15,000,000 (equivalent to approximately...

VANCOUVER, British Columbia, Dec. 31, 2019 (GLOBE NEWSWIRE) — Goldgroup Mining Inc. (“Goldgroup” or the “Company”) (TSX:GGA, OTC:GGAZF, BMV SIX:GGAN.MX) provides a response to DynaResource, Inc.’s (“DynaUSA”) news release from December 20, 2019. The Company is currently awaiting the written judgment of the 11th Federal Circuit Collegiate Court in México to be published to assess its contents and reasons for judgment. The Company will continue to pursue all legal avenues in Mexico to achieve a favorable resolution to the DynaUSA dispute.In addition, the Company will continue the enforcement of the final judgment from the United States District Court for the District of Colorado (the “Court”) which confirmed the Company’s previously announced favorable award in the arbitration...