Day: June 25, 2020

Leading Independent Advisory Firms ISS and Glass Lewis Recommend that SSR Mining and Alacer Gold Shareholders Vote for the Matters Proposed in Connection with Proposed Merger

SSR Mining Inc. and Alacer Gold Corp. are pleased to announce that Institutional Shareholder Services and Glass Lewis & Co. have both recommended that shareholders vote FOR the matters to be voted on at the applicable meetings in connection with their previously announced at-market merger of equals pursuant to a plan of arrangement under the Business Corporations Act (Yukon).

McEwen Mining Closes the Refinancing of Its $50 Million Debt

As part of the refinancing, Sprott Private Resource Lending II, LP has replaced Royal Capital Management Corp. as a lender and the administrative agent for the Term Loan; and Evanachan Limited, a corporation wholly-owned by Rob McEwen, remains a lender.

Teck Named to 2020 Best 50 Corporate Citizens in Canada

“This recognition is made possible by our employees who ensure that sustainability is central to everything we do,” said Don Lindsay, President and CEO. “Teck is committed to being a positive corporate citizen and to responsibly producing the materials needed to build a better quality of life for people around the world.”

Tarachi Gold Corp Announces Start Of Field Program

Tarachi Gold Corp. is pleased to announce that field work has commenced on the Company’s group of mining concessions known as the Tarachi project located in the Sierra Madre Gold Belt of Eastern Sonora, Mexico. The Company’s projects all lie within an established gold producing region, bordering Alamos’ Mulatos mine and Agnico Eagle’s La India mine.

Candelaria Mining Closed US$9 Million Medium Term Loan Facility

Curtis Turner, CEO commented, “Candelaria is pleased to have reached agreement with a lender such as Accendo Banco for a project loan facility. This announcement represents a major catalyst in providing substantial economic development for the municipality of Pinos, Zacatecas in Mexico.”

Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.