First Majestic Silver Corp. (TSX:FR) has entered a definitive agreement to acquire Primero Mining Corp. (TSX:P) in an all-stock transaction valuing Primero at $0.30 a share. Shares of Primero went up by 125% to $0.27 at market close on Friday following this news.
92 Resources Corp. (TSX-V:NTY) has received sampling results of up to 2.57% lithium oxide from its recently completed 2017 field program at the Hidden Lake lithium project in the Northwest Territories.
Spearmint Resources Inc. (TSX-V:SRJ) has closed its acquisition of the WHY West magnesium project near Rossland, B.C., and the Buddy claims in the Golden Triangle of British Columbia.
Global Cannabis Applications Corp. (CSE:APP) has joined the Medical Cannabis Counsel of Australia as a premiere member. The counsel is an industry body which develops best practices and standards for producing, supplying and distributing medical cannabis products in Australia.
Royal Sapphire Corp. (TSX-V:RSL) will not be proceeding with its acquisition of the Beardmore gold property in Ontario and the Tessa gold property in Yukon. The company has also reduced its private placement to $500,000 from $1.5 million.
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