First Majestic Seeks Help In Mexico Tax Dispute, As Analyst Applauds Springpole Deal
June 15, 2020
“We’ve been trying to get somebody to the table to finally put this behind us,” First Majestic CEO Keith Neumeyer told Reuters.
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“We’ve been trying to get somebody to the table to finally put this behind us,” First Majestic CEO Keith Neumeyer told Reuters.
The $178,855.49 loan, which was due June 16th, was paid off on June 13th. The company was able to satisfy this loan using a new debt obligation.
The Company is requesting the MCTO in order to secure additional time to finalize the Annual Financial Statements. As a result of the recent COVID-19 pandemic and the unexpected delays connected therewith, the Company anticipates a longer than anticipated timeframe for the audit of the Annual Financial Statements. However, it is the Company’s reasonable expectation that the Annual Filings will be finalized by July 15, 2020.
First Majestic Silver Corp has asked Canada’s ambassador to Mexico to intervene in an escalating tax dispute with President Andres Manuel Lopez Obrador’s government, the Canadian miner’s chief executive said on Friday.
The CEO of the Company stated: “The filing of the amended 43-101 technical report addresses comments raised by the BCSC. The Company, together with qualified persons, have addressed the comments and all sections are updated in the document filed on SEDAR today.”
Luego de que el secretario de Seguridad Pública, Ismael Camberos Hernández, acudiera a la minera Fresnillo PLC para garantizar la seguridad en la zona tras una riña entre mineros del Sindicato Independiente y del Sindicato Nacional Minero Metalúrgico – FRENTE, se registró un nuevo enfrentamiento, en el que varios mineros resultaron lesionados.
The proceeds raised from the Offering will be used by the Company for exploration and development of the Company’s Los Reyes gold and silver property and for general corporate purposes.
Fresnillo plc is the world’s largest primary silver producer and Mexico’s largest gold producer, listed on the London and Mexican Stock Exchanges under the symbol FRES.
The net proceeds from the Bonus Program will be used to accelerate exploration and development of the Company’s El Pinguico silver and gold project near Guanajuato, Mexico, and for general corporate and working capital purposes.
Bacanora Lithium plc, a lithium exploration and development company, announces that at its annual general meeting held earlier today, all resolutions were duly passed, as follows:
Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.
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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