ESV Resources Ltd. (TSXV:ESV.H) entered into a binding letter agreement to acquire Transcontinental Gold Mines Pty Ltd. from Continental Mining Australia Pty Ltd and Qvartz Capital Partners Inc. on February 22, 2021. Under the terms, ESV Resources paid€6.5 million, reimburse the Vendors’ transaction costs and related expenses up to €1.85 million, issue 5.6 million common shares. ESV will also issue to Fiore Management & Advisory Corp. 700,000 common shares as an administration success fee. Transaction will be financed from €22.03 million private placement. Closing of the Transaction is subject to a number of conditions including the accuracy of each parties’ representations and warranties, absence of material adverse changes with respect to TGM and Alto, receipt of TGM shareholder approval, receipt of disinterested shareholder approval, receipt of all required regulatory and third-party consents, including approval of the TSX Venture Exchange (the “Exchange”) to list the warrants issued in connection with the financing, and satisfaction of other customary closing conditions. The Transaction cannot close until the aforementioned conditions are satisfied and required approvals are obtained. As of March 17, 2021, Denarius Silver Corp. (TSXV:DSLV) announced the closing of the non-brokered private placement of 75 million subscription receipts. Gran Colombia Gold Corp. has invested $10 million and KSAC Europe Investments invested $15 million in the financing The proceeds of the financing will be held in escrow pending the company receiving all applicable regulatory approvals and completing the transaction. If the transaction is not completed on or before April 30, 2021, the proceeds of the financing will be returned to the subscribers.