Mexican Gold Corp. is pleased to announce the appointment of Philip O’Neill as Chief Executive Officer, President, and Director of the Company. Mr. O’Neill will replace Carl Hering as Chief Executive Officer. Mexican Gold Corp. is also pleased to announce that Carl Hering will assume the Chief Operating Officer position and will remain as a Director of the Company. Mr. O’Neill is an experienced mining [...]
Mexican Gold Corp. announces that Brian Robertson has resigned as President and Director of the Company. The Company thanks Brian for his services to Mexican Gold Corp. over the past ten years and wishes him well in his future endeavors. Brian Robertson stated, “I would like to thank all of the great people in Canada and Mexico I worked with for their support and loyalty as we advanced the Las Minas project. The [...]
is pleased to announce that it closed the final tranche of the previously announced non-brokered private placement of units in the Company at $0.20 per Unit . Each Unit offered under the Private Placement consists of one common share of the Company and one Common Share purchase warrant . Each Warrant is exercisable into a Common Share at the price of $0.30 per Common Share for a period of thirty-six months, subject to the [...]
announces that further to its press release of February 15, 2019, it has withdrawn its application to the TSX Venture Exchange to extend the expiry date of outstanding warrants exercisable to purchase an aggregate of 8,423,068 common shares of Mexican Gold originally issued in connection with the non-brokered private placement of 12,333,333 units , with each Unit being comprised of one common share of the Company and one [...]
Mexican Gold Corp. announces that it has made an application to the TSX Venture Exchange to extend the expiry date of outstanding warrants exercisable to purchase an aggregate of 8,423,068 common shares of Mexican Gold. The warrants were originally issued in connection with a non-brokered private placement of 12,333,333 units, with each Unit being comprised of one common share of the Company and one transferable common [...]
is pleased to announce that it has engaged Mine Development Associates of Reno, Nevada, USA to provide an updated 43-101 Resource on Mexican Gold’s Las Minas Project in the State of Veracruz, Mexico. Since the initial 43-101 Resource was completed in August 2017, MEX has drilled an additional 6,454 metres in 39 holes, increasing the amount of drilling in the Resource area by approximately 40%. Additionally, higher [...]
is pleased to provide an update on the second tranche of the previously announced non-brokered private placement of units in the Company at $0.20 per Unit for gross proceeds of up to $3,000,000, subject to the Company’s option to increase the size of the private placement by 25% . Each Unit offered under the Private Placement consists of one common share of the Company and one Common Share purchase warrant . Each [...]
Mexican Gold Corp. is pleased to announce that following the closing of Tranche 1 of its on-going financing, Mexican Gold’s wholly-owned subsidiary, Roca Verde Exploracion de Mexico, S.A. de C.V. , has finalized the acquisition of a 100% interest in the Pepe, Pepe Tres, and San Jose concessions at its Las Minas property. The Company has completed the final payment of US$ 866,666 of the Purchase and Sale Agreement [...]
is pleased to announce that it has closed Tranche One of the previously announced, non-brokered private placement of units in the Company at $0.20 per Unit for gross proceeds of up to $3,000,000, subject to the Company’s option to increase the size of the private placement by 25% as announced in the Company’s October 22, 2018 and November 1, 2018 News Releases. Each Unit offered under the Private Placement [...]
is pleased to report that it has received a positive response to the previously announced financing , which proposed a non-brokered private placement of units at $0.20 per Unit for gross proceeds of up to $3,000,000 . Accordingly, the Company wishes to extend the previously announced November 10, 2018 period for competing the Private Placement, to allow certain interested investor to participate in the Private Placement [...]
is pleased to announce that it intends to complete a non-brokered private placement of up to $3,000,000 at a price of $0.20 per unit with a small group of investors. The Company may, in its sole discretion increase the size of the Private Placement by up to 25% for aggregate gross proceeds of up to $3,750,000 at the price of $0.20 per Unit at any time prior to the closing of the Private Placement. Each Unit will consist [...]
Mexican Gold Corp. is pleased to announce plans to update the initial Las Minas NI 43-101 resource estimate. The updated resource will include the recently discovered high-grade mineralization found in the El Dorado Dike Contact zone as well as additional tonnage delineated by step-out drilling at the El Dorado/Juan Bran and Santa Cruz zones. The updated resource is scheduled for completion in Q1 2019. The company is also [...]