Mako Mining Corp. today announced the grant of 42,500,000 incentive stock options to its officers and directors pursuant to the stock option plan of the Company. The number of shares reserved for issuance under the stock options is 42,500,000 common shares, representing approximately 7% of the current issued and outstanding common shares of the Company. The stock options have a term of five years and vest as to 25 [...]
TSX-V: MKO Mako Mining Corp. is pleased to announce positive drill results from the Las Dolores Zone within the Las Conchitas area of its wholly-owned San Albino-Murra property located in Nueva Segovia, Nicaragua. The goal of the 2019 drill program at the Las Dolores Zone was to confirm and extend the near surface, high-grade mineralized shoot previously encountered in trenches and drill holes. The Company has [...]
Mako Mining Corp. today announced the successful completion of the previously announced rights offering which expired on July 15, 2019, raising total aggregate gross proceeds of approximately $27,001,718. Upon closing, the Company issued a total of 270,017,178 common shares of the Company under the Offering at a price of $0.10 per Common Share. An aggregate of 180,928,486 Common Shares were issued under the basic [...]
TSX-V:MKO Mako Mining Corp. today announced that it will conduct an offering of rights to acquire common shares of the Company to raise gross proceeds of C$27,000,000. Pursuant to the rights offering circular and the notice of rights offering each eligible registered shareholder of the Company resident in Canada holding Common Shares as at the close of business on June 18, 2019 will receive 0.860792876 of one right for [...]
TSX-V: MKO VANCOUVER, May 21, 2019 /CNW/ - Mako Mining Corp. is pleased to announce positive drill results from the Las Conchitas area of its wholly-owned San Albino-Murra property located in Nueva Segovia, Nicaragua. The goal of the 2019 drill program at Las Conchitas was to confirm the near surface, shallow dipping, high-grade gold mineralization previously encountered in trenches and drill holes. The Company has now [...]
TSX-V: MKO Mako Mining Corp. is pleased to announce positive drill results from the Las Conchitas area of its wholly-owned San Albino-Murra property located in Nueva Segovia, Nicaragua. The Company has completed 14 shallow drill holes within the Mango Zone, totaling 827.30 meters . The results from the first five drill holes of the program are presented in the first table below. Results from the remaining nine drill [...]
TSX- V: MKO Mako Mining Corp. has released results for the three and nine month fiscal periods ended January 31, 2019 , and is pleased to provide a corporate update on its La Trinidad mining operations in Mexico and its San Albino gold development project in Nicaragua . Q3 2019 was the first reporting quarter after the merger between Marlin Gold Mining Ltd. and Golden Reign Resources Ltd. was consummated in November 2018 [...]
Mako Mining Corp. has released results for the three and nine month fiscal periods ended January 31, 2019 , and is pleased to provide a corporate update on its La Trinidad mining operations in Mexico and its San Albino gold development project in Nicaragua . Q3 2019 was the first reporting quarter after the merger between Marlin Gold Mining Ltd. and Golden Reign Resources Ltd. was consummated in November 2018 , creating [...]
TSX- V: MKO Mako Mining Corp. announces that Mr. Kevin Bullock has tendered his resignation as CEO and director of Mako to pursue another opportunity. Mr. Bullock's departure will be effective immediately. Mako's board of directors has appointed Mr. Akiba Leisman as Interim CEO and has commenced a search for a permanent CEO. Mr. Leisman is currently a director of Mako and was Executive Chairman and Interim CEO of [...]
TSX- V: MKO Mako Mining Corp. is pleased to announce that, further to the Company's news release dated February 22, 2019, it has closed its previously announced non?brokered private placement issuing 30,000,000 common shares of the Company at a price of CAD$0.15 per share for gross proceeds of CAD$4,500,000 . Wexford Capital LP, through funds managed by Wexford Capital LP , which is an insider of the Company, subscribed [...]
TSX- V: Mako Mining Corp. is pleased to announce that it is undertaking a non?brokered private placement to raise up to a maximum of CAD$4,500,000 through the issuance of approximately 30,000,000 shares of the Company at a price of CAD$0.15 per Offering Share . The Offering is being made in accordance with the provisions of the existing security holder prospectus exemption available under OSC Rule 45?501 ? Ontario [...]
Mako Mining Corp. is providing an update of its operations at La Trinidad in Mexico. As a result of the completion of the acquisition transaction by the Company of Marlin Gold Mining Ltd., the Company now holds a 100% interest in the La Trinidad heap leach gold operation in Sinaloa State, Mexico . The La Trinidad Mine declared commercial production in November 2014 and has operated continuously with the exception of pit [...]
+700,00 %
-98,04 %
