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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (46513)	7/24/2018 6:21:55 AM
From: Goose94	Read Replies (1) \| Respond to of 203329

Adventus Zinc (ADZN-V) Beacon Securities analyst Jacob Willoughby, currently the lone analyst on the Street covering Adventus Zinc (90 cents), hiked his rating to "buy" from "speculative buy" and elevated his share target to $1.80 from $1.50. July 17, Adventus announced the closing of a private placement of 10.27-million common shares with total gross proceeds of about $9.2-million. Wheaton Precious Metals ($27.70) was the largest participant in the offering and now owns 9.9 per cent of Adventus's common shares. At the same time, Adventus issued 3.8 million shares to Salazar Resources (12 cents) as consideration for the Pijili and Santiago projects, which were acquired under its previously announced Ecuador exploration alliance. "We view this as very positive news and as another major validation of Adventus Zinc's management and properties. We expect a steady flow of news on this name going forward including several batches of drill results from Curipamba (both infill and exploration on the greater land package), a potential joint venture partner on the company's Irish properties, and possible new property acquisitions." July 23, '18 NR Infill holes web.tmxmoney.com