/NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES/

 

Canadian Dollars unless otherwise noted

 

VANCOUVER, May 14, 2019  Atlantic Gold Corporation (TSX-V: AGB) ("Atlantic" or the "Company") is pleased to announce that it has entered into a definitive arrangement agreement (the "Arrangement Agreement") with St Barbara Ltd. (ASX: SBM) ("St Barbara"), signed on May 14, 2019, pursuant to which St Barbara will acquire 100% of all issued and outstanding shares of Atlantic by way of Plan of Arrangement (the "Transaction"). Under the terms of the Transaction, Atlantic shareholders will receive C$2.90 in cash per Atlantic share held plus shares in a company ("SpinCo") that holds Atlantic's interests in Velocity Minerals Ltd. (TSX-V: VLC) ("Velocity"), which will be distributed to Atlantic shareholders on a pro-rata basis following completion of the Transaction.

 

The C$2.90 per share cash consideration implies a total equity value for Atlantic of approximately C$7221million and a total enterprise value of C$8022 million. SpinCo implies additional consideration of approximately C$12 million to Atlantic shareholders, or approximately C$0.05 per Atlantic share, for total cash plus SpinCo consideration of approximately C$2.95 per share. The C$2.95 per share offer represents a 41.1% premium to the closing price of Atlantic shares on the TSX Venture Exchange ("TSX-V") on May 14, 2019 and a 40.8% premium to the volume weighted average price ("VWAP") of Atlantic shares over the last 30 trading days. 

VANCOUVER, British Columbia, May 09, 2019 -- FIRST MAJESTIC SILVER CORP. (AG: NYSE; FR: TSX) (the "Company" or “First Majestic”) is pleased to announce the unaudited interim consolidated financial results of the Company for the first quarter ended March 31, 2019. The full version of the financial statements and the management discussion and analysis can be viewed on the Company's web site at www.firstmajestic.com or on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. All amounts are in U.S. dollars unless stated otherwise.

 

FIRST QUARTER 2019 HIGHLIGHTS

Silver equivalent production of 6.3 million ounces, down 3% compared to Q4 2018

Pure silver production of 3.3 million ounces, up 2% compared to Q4 2018  

Revenues for the quarter was $86.8 million, up 17% compared to Q4 2018

Mine operating earnings of $10.3 million, up 214% compared to Q4 2018

VANCOUVER, British Columbia, May 09, 2019  -- GT Gold Corp. ("GT Gold" or the “Company”) (TSX.V: GTT) is pleased to announce a C$17.6 million financing and strategic investment by Newmont Goldcorp Corporation(“Newmont Goldcorp”) (NYSE: NEM, TSX: NGT) which will accelerate the exploration and development activities at the Tatogga property in British Columbia.

 

The financing will consist of a C$17.6 million private placement of 11,489,601 flow-through common shares priced at $1.53 per flow-through common share. Pursuant to the financing, Newmont Goldcorp has agreed to acquire 11,489,601 common shares as a back-end purchaser. Upon completion of the offering, Newmont Goldcorp will own 9.9% of GT Gold’s outstanding shares.

VAL-D'OR, QC, May 1, 2019 - Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR1) ("Bonterra" or the "Company") is pleased to provide this update of its activities on the Company's advanced exploration projects located in the Urban-Barry Camp near Val-d'Or, Québec.

 

Activities highlights

 

Completed 15,947 metres of infill and exploration diamond drilling during the quarter ended February 28, 2019

Four drill rigs are currently active on the Gladiator, Barry and Moroy projects

Retained the services of SGS Geostat to complete a NI 43-101 resource estimate and technical report on three deposits

Nearing completion on an environmental impact assessment for the Urban-Barry mill expansion from 800 to 2,400 tonnes per day

Engaged two engineering firms, one commissioned to design the mill expansion, and one to increase the capacity of the tailings storage facility to 10 million tonnes