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The firm has granted incentive stock options to purchase an aggregate of up to 1.3 million common shares.

In all, the Canadian mining company issued 13,500,000 units, for $0.10 apiece.

The credit agreement is expected to provide immediate access to $100 million USD for project development, construction, and working capital.

Gallagher joins at the time when the company looks to further develop its Buriticá mining operations in central Colombia.

The authorization allows Continental Gold to expand its current mining site and build a processing plant capable of handing up to 3,200 tonnes per day.

"Its inclusion in both indices is a reflection of the hard work and dedication of our employees,” said company CEO Ari Sussman.

Bellhaven Copper & Gold operates its "flagship" project, La Mina, in Colombia's "Middle Cauca Belt."

Brazil Resources Inc shares initially jumped 20% after the U.S. economic data came in to put it up more than 500% for the year.

The property that NovaCopper is selling is part of the Titiribi mining district that has proven to be a significant gold and silver producing area.

"We look forward to completing environmental permitting later this year and commencing project financing and development shortly thereafter,” says CEO Ari Sussman.