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News Article | May 3, 2017
Site: www.marketwired.com

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 3, 2017) - MX Gold Corp. (the "Company") (TSX VENTURE:MXL)(OTCQX:MXLGF) is pleased to announce it intends to undertake a private placement financing of up to 15,000,000 units (each a "Unit") at a price of $0.13 per Unit for gross proceeds of up to $1,950,000. Each Unit will consist of one common share and one share purchase warrant (each, a "Warrant"), and each Warrant will entitle the holder to purchase one additional share at a price of $0.20 per share for a period of three years from closing of the financing. All securities issued in the financing will be subject to a statutory hold period expiring four months and one day after closing of the financing. Completion of the financing is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the TSX Venture Exchange. Proceeds of the financing are anticipated to be used for general working capital. None of the securities issued in the financing will be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful. MX Gold Corp. is a junior mining company focused on the exploration, development and mining of advanced projects located in British Columbia and Mexico. The Company's primary focus in British Columbia is its high-grade Willa gold and copper project located 12 kilometers south of Silverton, B.C. In 2015, MX Gold Corp. completed the accretive acquisition of the Willa project and the Max Molybdenum Mine and Mill Complex. This acquisition removed major costs and shortened timelines typically associated with mine project development. The Willa mine is located 135 kilometers south of the Max Mill. MX Gold Corp. can also elect to reopen the Max Molybdenum mining operation once world Moly prices improve. On behalf of the Board of Directors, This press release contains forward-looking statements. Forward-looking statements are projections and are subject to various risks and uncertainties. Forward-looking statements in this press release include those concerning MX Gold Corp.'s intent to undertake a private placement financing, the amount and timing of that financing and the approval of that financing by the regulatory authorities (including the TSX Venture Exchange), and the anticipated use of the proceeds of the financing. There are numerous risks and uncertainties that could cause actual results and MX Gold Corp.'s plans and objectives to differ materially from those expressed in the forward-looking information, including: (i) adverse market conditions; (ii) risks inherent in the mineral exploration industry in general or otherwise disclosed in MX Gold Corp.'s periodic disclosure documents filed on SEDAR; and (iii) the possibility that TSXV or other regulator withholds approval of the private placement. Actual results and future events could differ materially from those anticipated in such information. These forward-looking statements are based on estimates and opinions of management which management believes were reasonable on the dates made and are expressly qualified in their entirety by this notice. Except as required by law, MX Gold Corp. does not intend to update these forward-looking statements. Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.


News Article | May 5, 2017
Site: www.marketwired.com

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 5, 2017) - MX Gold Corp. (the "Company") (TSX VENTURE:MXL)(OTCQX:MXLGF) is pleased to announce that, further to its news release dated May 3, 2017, it closed a private placement and raised gross proceeds of $1,950,000 on May 5, 2017. On the closing date, the Company issued 15,000,000 units at a price of $0.13 per unit, each unit consisting of one common share and one share purchase warrant, which entitles the holder to purchase one additional common share at a price of $0.20 for a period of three years. All securities issued in the financing will be subject to a statutory hold period expiring four months and one day after closing of the financing. Completion of the financing is subject to a number of conditions, including, without limitation, receipt of all regulatory approvals, including approval of the TSX Venture Exchange. An insider of the Company subscribed for a total of 5,729,000 units under the financing, which is a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The issuance to the insider is exempt from the valuation requirement of MI 61-101 by virtue of the exemption contained in section 5.5(b) as the Company's shares are not listed on a specified market and from the minority shareholder approval requirements of MI 61-101 by virtue of the exemption contained in section 5.7(a) of MI 61-101 in that the fair market value of the consideration of the shares issued to the related party did not exceed 25% of the Company's market capitalization. None of the securities issued in the financing will be registered under the United States Securities Act of 1933, as amended (the "1933 Act"), and none of them may be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the 1933 Act. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the securities in any state where such offer, solicitation, or sale would be unlawful. The Company also announces that, pursuant to a consulting services agreement dated October 20, 2016 between the Company and a third party consultant, the Company has issued 473,409 common shares in the capital of the Company to the consultant as a finder's fee in connection with the Company's earn-in of a 50% participating ownership interest in the Durango Smelter project located in Mexico. The Company also announces that it granted 760,000 stock options to a consultant on May 5, 2017 for the purchase of up to 760,000 common shares of the Company, pursuant to its Stock Option Plan, at a price of $0.13 per common share. Each option granted is exercisable for a period of five years. These stock options vest as follows: (i) 25% vest immediately, (ii) 25% vest after three months, (iii) 25% vest after six months, and (iv) 25% vest after nine months. The stock options and common shares issuable under the exercise of the stock options are subject to an Exchange Hold Period of four months and one day from the date of grant of the stock options. MX Gold Corp. is a junior mining company focused on the exploration, development and mining of advanced projects located in British Columbia and Mexico. The Company's primary focus in British Columbia is its high-grade Willa gold and copper project located 12 kilometers south of Silverton, B.C. In 2015, MX Gold Corp. completed the accretive acquisition of the Willa project and the Max Molybdenum Mine and Mill Complex. This acquisition removed major costs and shortened timelines typically associated with mine project development. The Willa mine is located 135 kilometers south of the Max Mill. MX Gold Corp. can also elect to reopen the Max Molybdenum mining operation once world Moly prices improve. On behalf of the Board of Directors, Neither the TSX Venture Exchange Inc. nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange Inc.) accepts responsibility for the adequacy or accuracy of this press release.


Automated detection and migration of automated transactions. In one example embodiment, a method may include providing automated transaction migration software running on a first computer of a new account provider to a customer. The software may cause the first computer to search through transactions of an old account of an old account provider on a second computer of the old account provider to automatically detect an automated transaction of the customer, gather transaction data associated with the automated transaction from the second computer, store the transaction data in an identified transaction database of the first computer, and in response to the automatic detection of the automated transaction, proactively display at least a portion of the transaction data to the customer and proactively prompt the customer to authorize migration of the automated transaction from the old account provider to the new account provider.


Patent
MX Inc | Date: 2016-06-06

In one example embodiment, a method for optimizing aggregation routing over a network may include detecting that aggregated account data is unavailable over a network from a first data aggregator server, detecting that the aggregated account data is available over the network from a second data aggregator server, formatting a request for the aggregated account data to be compatible with the second data aggregator server, routing the formatted request over the network to the second data aggregator server, and receiving the requested aggregated account data over the network from the second data aggregator server.


Apparatuses, systems, methods, and computer program products are disclosed for user authentication in separate authentication channels. A token module is configured to create a unique token in response to receiving user credentials from an unknown user for a secure interface of a third party system. An identity module is configured to log into the secure interface using the received user credentials, and submit the unique token to a private input element located behind the secure interface. A match module is configured to receive the unique token from the private input element and a user identifier associated with the unknown user from the third party system. The match module is configured to associate the received user credentials with the user identifier based on the unique token. An access module is configured to display information associated with the user identifier to the unknown user.


Patent
MX Inc | Date: 2015-11-09

Apparatuses, system, methods, and computer program products are presented for presenting content based on transaction data. A selection module selects a user for an offer in response to the users financial transaction data satisfying a transaction metric associated with the offer. A location module determines a target location for an offer based on a users financial transaction data. A location module monitors location data from one or more sensors for a user relative to a target location. An offer module dynamically provides an offer to a user in response to monitored location data from one or more sensors satisfying a target location.


Patent
MX Inc | Date: 2015-12-21

Apparatuses, systems, methods, and program products are disclosed for transaction-based debt management and visualization. A method includes receiving debt data for one or more debt accounts of a user over a data network at a mobile device. A method includes generating a graphical representation of debt data based on one or more characteristics of the debt data determined for a period of time related to the debt data. A method includes presenting a graphical representation of debt data within an interface of a display device of a mobile device. A method includes dynamically adjusting a graphical representation of debt data with a new period of time related to the debt data in response to a user selecting one of a plurality of debt plans for reducing a balance in the one or more of the users debt accounts.


Patent
MX Inc | Date: 2016-03-01

Switching between data aggregator servers. A method for switching between data aggregator servers may include tracking a first financial account using a PFM server, receiving, at the PFM server, first account identification data and first account transaction data for the first financial account from a first data aggregator server over a network, detecting, at the PFM server, that the first account transaction data of the first data aggregator server has become unavailable to the PFM server over the network and that a second data aggregator server is currently available to the PFM server over the network, and in response to the detecting, switching, at the PFM server, from the first data aggregator server to a second data aggregator server, the second data aggregator server configured to send data for the same financial accounts with different data fields and/or with different data formats than the first data aggregator server.


Patent
MX Inc | Date: 2015-12-21

Apparatuses, systems, methods, and program products are disclosed for historical transaction-based account monitoring. A method includes receiving historical and current transaction data for a plurality of user accounts at a mobile device over a computer network. A method includes normalizing transactions of the historical transaction data for the historical time period based on one or more transactions of the historical transaction data that correspond to one or more transactions of the current transaction data. A method includes generating and presenting a graphical representation of the historical transaction data and a graphical representation of the current transaction data within an interactive interface on the touch screen display. A method includes dynamically presenting one or more details of a transaction in response to a user selecting a transaction on the graphical representation of the historical transaction data or the graphical representation of the current transaction data, using the touch screen display.


News Article | February 15, 2017
Site: www.marketwired.com

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 13, 2017) - MX Gold Corp. (TSX VENTURE:MXL)(FRANKFURT:ODV)(OTCQX:MXLGF) (the "Company" or "MX Gold") is pleased to announce the entry into a binding option agreement with American Metal Mining S.A. de C.V. ("AMM") whereby, upon certain scheduled payments totaling US$1,525,000, the Company will acquire 50% of the shares of a private Mexican corporation that holds the IDS Project. The IDS Project consists of a past-producing gold smelter, three acres of land situate around the smelter, and various equipment and permits associated therewith. Upon advancement of the initial payment of US$650,000, the Company was granted a 49.5% net profit participating interest in the IDS Project that will remain until option exercise, provided that all payments are made by the Company in accordance with the option agreement. The acquisition includes a fully permitted smelter that was completed in 2014 for a throughput capacity of 50 tonnes per day (TPD). The smelter was built to receive and process high-grade direct ship ores and concentrates from small-scale miners across the state of Durango and beyond. The concept was birthed by the vision of Rosa Isela De La Rocha, a state Senator for Durango. Using a central location to safely and more efficiently process daily production, the community of local miners could enhance economics and quality of life. By eliminating the need for each miner to process, or otherwise dispose of, their individual ore production, the miners are able to spend more time producing and also receive a higher return from their production. Bert McPherson, President of MX Gold Corp., stated, "We are very excited to have secured a project that can provide a significant source of near term revenue for our company." Furthermore, a project plan has been developed and work has begun on several fronts: contact has been made with several dozen mining groups to evaluate the supply potential from each group, including estimated average grades of what they have been producing, and purchase parameters; an analysis of the permitted flow sheet by a reputable metallurgist that has significant experience with smelter recoveries, will be commissioned to confirm the previous expectations or recommend any modifications to enhance economics. Additionally, at the plant site, various efforts have been initiated, including; recalibrating the truck scale, rebuilding the metallurgical lab; setting up the crushing circuit; overall cleanup of the site; and the hiring of critical personnel. To exercise the option, the Company is required to make the following payments or such amounts may be satisfied from cash flow from the project: In the event that the Company does not elect to proceed with the exercise of the option within 60 days of entering into the agreement, the Company may elect to apply the initial US$650,000 towards two other projects in Mexico that the Company is considering or may elect to convert such amount into a 5% carried net profit participation interest in the IDS Project. In the event that the IDS Project generates US$10 million in cumulative net profit, the Company has agreed to pay US$2.5 million to AMM within 90 days thereof (the "Benchmark Bonus"). Pursuant to the terms of the agreement, and following payment of the Benchmark Bonus, each of the Company and AMM will be reimbursed their initial capital expenditures incurred in connection of the IDS Project. The Company also announces that it has entered into an unsecured loan agreement to borrow US$650,000 from a lender to finance the initial payment due under the option agreement. MX Gold also announces that, pursuant to a consulting services agreement dated October 20, 2016 between the Company and a third party consultant, the Company has issued 1,148,562 common shares in the capital of the Company to the consultant as a finder's fee in connection with the Company's earn-in of a 50% participating ownership interest and 45% net profit participating interest in the Magistral Del Oro tailings project located in Mexico. The Company also announces that it has granted options to acquire 200,000 common shares in the capital of the Company (each, an "Optioned Share") at a price of $0.21 per Optioned Share for a period of five years to a consultant of the Company. The Optioned Shares vest over a nine month period with 25% of the Optioned Shares vesting as of the date of grant (the "Grant Date") and 25% of the Optioned Shares vesting every three months from the Grant Date. MX Gold Corp. is a junior mining company focused on the exploration, development and mining of advanced projects located in British Columbia and Mexico. The Company's primary focus in British Columbia is its high-grade Willa gold and copper project located 12 kilometers south of Silverton, B.C. In 2015, MX Gold Corp. completed the accretive acquisition of the Willa project and the Max Molybdenum Mine and Mill Complex. This acquisition removed major costs and shortened timelines typically associated with mine project development. The Willa mine is located 135 kilometers south of the Max Mill. MX Gold Corp. can also elect to reopen the Max Molybdenum mining operation once world Moly prices improve. On behalf of the Board of Directors, Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Statements in this news release that are not historical facts are forward-looking statements. Forward-looking statements are statements that are not historical, and consist primarily of projections - statements regarding future plans, expectations and developments. Words such as "expects", "intends", "plans", "may", "could", "potential", "should", "anticipates", "likely", "believes" and words of similar import tend to identify forward-looking statements. Forward-looking statements in this news release include the closing of the option agreement and the payments contemplated therein. All of these forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those expressed or implied, including, without limitation, business integration risks; uncertainty of production, development plans and cost estimates, commodity price fluctuations; political or economic instability and regulatory changes; currency fluctuations, the state of the capital markets, uncertainty in the measurement of mineral reserves and resource estimates, MX Gold's ability to attract and retain qualified personnel and management, potential labour unrest, reclamation and closure requirements for mineral properties and the availability of capital to fund the Company's projects, as well as other risks and uncertainties identified under the heading "Risk Factors" in the Company's continuous disclosure documents filed on SEDAR. You are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. MX Gold cannot assure you that actual events, performance or results will be consistent with these forward-looking statements, and management's assumptions may prove to be incorrect. These forward-looking statements reflect current expectations regarding future events and operating performance and speak only as of the date hereof and MX Gold does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. For the reasons set forth above, you should not place undue reliance on forward-looking statements.

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