Day: April 18, 2019

Newmont Goldcorp Corporation today announced the expiration and final results of the offers to exchange any and all outstanding notes issued by Goldcorp Inc. for (1) up to $2,000,000,000 aggregate principal amount of new notes to be issued by Newmont Goldcorp and (2) cash and the related consent solicitations to adopt certain proposed amendments to each of the indentures governing the Existing Goldcorp Notes. The Exchange Offers and the Consent Solicitations expired at 9:00 a.m., New York City time, on April 18, 2019, which coincided with the closing earlier in the same day of the arrangement between Newmont and Goldcorp pursuant to which Newmont acquired all of the outstanding common shares of Goldcorp in exchange for newly issued shares of Newmont’s common stock and cash consideration.

Silver production was higher in the quarter due to the standout performance from our most important mine, Greens Creek, with higher gold and silver grades and recoveries than the first quarter of 2018, said Phillips S. Baker, Jr., Hecla’s President and CEO. As we indicated with our technical report we expected higher grades at Greens Creek. The Lucky Friday also contributed with more silver production in the quarter than was achieved all of last year. San Sebastian production was about the same as last year’s fourth quarter. Quarterly gold production was higher than last year, but we expect significant production increases from Casa and the Nevada assets in the second half of the year.

Camrova Resources Inc. announces that it has issued 200,000 common shares and 200,000 common share purchase warrants in the second tranche of the previously announced private placement of units of the Company for proceeds of $12,000. This brings the total raised in the first two tranches of the Private Placement to 1,096,667 common shares and 1,096,667 Warrants for total combined proceeds of $65,800. The third and final tranche of the Private Placement is expected to close in early May.

Christian Grijalva, CEO of San Marco, stated, We are excited about the outlook for San Marco in the months ahead. The Company maintains a comfortable working capital balance and relatively tight share structure. This, combined with the Company’s current suite of property assets and extensive in-country intelligence to source possible new acquisitions under reasonable terms, provides the Company numerous avenues to bring growth and value for its shareholders. We look forward to providing additional details as our work progresses.