City Investors Circle Market Update for April 2018 issued

   City Investors Circle

City Investors Circle of London have published their market update for April 2018.

The update contains an invitation to our next free luncheon presentation consisting of two exciting junior mining companies from the USA and Canada.

To receive our market updates and invitations to all our free to attend events, please email Continue reading

Tinka announces closure of second tranche of non-brokered private placement

   Tinka Resources Limited {TSX.V: TK}

Announced that it has closed the second and final tranche  of its previously announced non-brokered private placement financing  of units of the Company.

Under the Second Tranche, the Company issued 5,020,000 Units at an issue price of C$0.48 per Unit for gross proceeds to the Company of C$2,409,600. Continue reading

GoldMining Inc. To Acquire Additional Gold Claims Contiguous With Its Yellowknife Gold Project

    GoldMining Inc. {TSX-V: GOLD}

Announced that it has entered into an agreement to indirectly acquire the Narrow Lake property.

The Property includes the N1 and N2 claims, which cover a total area of 618 hectares and are contiguous with the southern boundary of the Company’s Nicholas Lake-Ormsby property, one of the four properties that comprise the Yellowknife Gold Project. Continue reading

Zenyatta Ventures dissidents accuse management of entrenchement

   Zenyatta Ventures {TSX.V: XZEN}

The concerned shareholders have mailed out a circular in response to the standing down of the CEO, who is to be paid $900,000 in stages, and his subsequent appointment as a director, on the same $225,000 salary as he received as CEO.

THE dissidents accuse management of “entrenchment”, and “running a lifestyle company”. Continue reading

Smartcool completes a 90 pump installation in Florida

   Smartcool Systems Inc. (TSX.V: SSC} 

Announced that the company has completed an installation at Apogee Beach Condominiums, Hollywood, Florida.

An initial installation of Smartcool’s proprietary technology on 5 Heat Pumps serving the common areas of the Apogee Condominium tower provided in excess of 20% reduction in compressor run time. With this positive result the Apogee Beach Condominium Association chose to install Smartcool energy efficiency technology on all 90 heat pumps servicing the 49 Exclusive Beachfront Residences. Continue reading

Zenyatta CEO to step down, be paid $900,000, but to remain as a director on the same salary

   Zenyatta Ventures {TSX>V: ZEN}

The battle for Zenyatta Ventures goes on, with a dissident group looking to oust CEO Eveleigh and three other directors.

Eveleigh has now announced he is standing down as CEO, and will receive a $900,000 payoff (in 12 x 6 monthly stages), but will remain as a director on his current salary of $225,000! Continue reading

Kootenay Silver extend the silver mineralisation 1 km at the la Borracha Zone, La Cigarra, Mexico

   Kootenay Silver Inc. {TSX.V: KTN}

Announced initial results from the current drill program on their La Cigarra silver project in Chihuahua, Mexico. KTN has successfully extended the silver mineralisation for 1000 meters to the northwest beyond the current 2.4 kilometer-long NI- 43-101 Resource envelope, along what is known as the La Borracha Zone. Continue reading

Zenyatta ventures dissidents update on their motion to oust the Board

   Zenyatta Ventures {TSX.V: ZEN} 

Dr. Francis Dube and a group of concerned shareholders, in their capacities as shareholders of Zenyatta Ventures Ltd., have delivered a requisition to the corporation pursuant to Section 105 of the Business Corporations Act (Ontario), resulting in the corporation calling a special meeting of its shareholders for May 11, 2018. Continue reading

Nouveau Monde Graphite aim to have the first all electric open pit mine

    Nouveau Monde Graphite {TSX.V: NOU}

Intends on completing by the end of 2018 its feasibility study leading to the implantation of the first ever all-electric open-pit mine.

The results of this study will serve to confirm the project’s economic viability and to determine how best to exploit the graphite deposit of Saint-Michel-des-Saints in a carbon-neutral way to meet the NMG’s sustainable ambitions. Continue reading