Year: 2019

Fortuna Silver Mines Inc. is pleased to announce the full exercise and closing of the over-allotment option granted to CIBC Capital Markets, Scotiabank and BMO Capital Markets. The Company issued and sold to the Underwriters an additional US$6 million aggregate principal amount of 4.65% senior subordinated unsecured convertible debentures pursuant to the exercise of the Over-Allotment Option, in connection with the Company’s bought deal offering that closed on October 2, 2019, for an aggregate principal amount of US$40 million 4.65% senior subordinated unsecured convertible debentures.

“We are pleased to join the OTCQX which will provide our company with additional exposure by giving our current and future investors a stronger and more efficient platform to trade within the U.S.,” said Brad Langille, President and CEO of GoGold Resources.

Alio Gold Inc. announces the signing of lease agreements for the acquisition of new loading and hauling equipment at the Florida Canyon Mine. The fleet is comprised of thirteen 90-tonne haul trucks and three matched front-end loaders.

1,363 tonnes of ore mined, down from 2,794 tonnes in August as the Company processed the significant ore stockpile

“Congratulations to all of our employees at Amaruq for achieving commercial production in line with the original schedule despite ongoing challenges related to dewatering and adverse weather conditions in the second and third quarters of 2019. We would also like to thank the various government agencies and the local communities for their continued support in Nunavut,” said Sean Boyd, Agnico Eagle’s Chief Executive Officer

“Great Panther’s Tucano Gold Mine continues to see steady improvement in performance and increased gold production by 21% over the second quarter, achieving its third quarter guidance with production of over 36,000 ounces of gold,” stated James Bannantine, President & CEO. “We are also pleased to report record metal production during the quarter from our Topia Mine and continuation of our exploration initiatives at the Guanajuato Mine Complex with an updated NI 43-101 resource estimate expected in early 2020.”

The Company intends to use the net proceeds of the Offering for exploration work on the Company’s San Marcial property in Mexico and for working capital and general corporate purposes.

Mr. Jason Reid, CEO and President of Gold Resource Corporation, stated, “I am very pleased to report the Isabella Pearl mine, which broke ground and produced first dore in just ten months, has reached commercial production levels just sixteen months after breaking ground on the project in June 2018. Our team has worked extremely hard these past few months navigating the challenges of mine commissioning, managing construction contractor difficulties and the typical production ramp up of a new mine…”