RELATED HOT TOPICS: Gold Investment Project topics Zinc Copper Labor issues / Strikes Silver Financing

Junior corporate roundup: Palamina, Tartisan, Mexican Gold

By BNamericas Monday, February 11, 2019

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Palamina amended a previously announced non-brokered private placement.

The company plans to raise up to Cdn$2.2mn (US$1.7mn), compared to Cdn$2.0mn originally, for general corporate and working capital purposes.

Palamina has gold and copper projects in Peru and Mexico.


Tartisan Nickel appointed Aamer Siddiqui as CFO. Siddiqui replaces Dan Fuoco.

Tartisan has the Don Pancho zinc-manganese and Ichuna copper-silver projects in Peru and assets in Canada.


Mexican Gold extended a previously announced non-brokered private placement.

The second tranche of the placement is now expected to close by end-February, compared to the first weeks of January, as previously stated.

The company raised Cdn$2.1mn in the first tranche last November.

Total proceeds, of Cdn$3.0mn plus an option to increase the size of the placement by 25%, will be used for exploration at the Las Minas gold-copper project in Mexico.

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