Angel Wing Metals Inc. announces that pursuant to Company’s stock option plan, 500,000 stock options at an exercise price of $0.15 were granted to the certain directors of the Company.
Jody Kuzenko, President & CEO of Torex, stated: “Operational consistency and disciplined cost control resulted in another strong year across all measures for Torex. Record gold production of 474,035 ounces was driven by record mill throughput and record underground mining rates. Our steadfast focus on controlling costs resulted in an impressive all-in sustaining costs margin of 44% for the year, with cost guidance achieved despite persistent inflationary pressures.”
Eric Caba, President and Chief Operating Officer of Bear Creek Mining comments, “We are pleased with the progress at Mercedes. Turning around an operation requires dedication and focus by the entire management team. Improvements in mine production, dilution control and maintenance are being realized and approaching targeted levels; thereby creating confidence that we will realize the potential of Mercedes.”
An aggregate of 58,100,000 Shares at a price of C$0.31 per Share for gross proceeds to the Company of approximately C$18 million were sold.
Solaris Resources Inc. announces the appointment of Ms. Poonam Puri as an independent Director of the Company, replacing Mr. Greg Smith who has stepped down to focus on external roles, effective immediately.
Sandeep Singh, President and CEO of Osisko commented: “As discussed in our Q4 2022 preliminary results release, Osisko had an exceptional year in 2022. We had successive quarters of record GEO deliveries, revenues and cash margins, we were active on several high-quality transactions, and returned capital to shareholders via dividends and share buy-backs. We continue to benefit from a sustained period of organic growth and we have simplified the business positioning Osisko to unlock significant value in 2023 for shareholders.”
“Early surface exploration results received thus far demonstrate the presence of high-grade gold and silver mineralization in structural trends over more than forty square kilometres (40 km2). We look forward to initiating a maiden drill program on the properties, with the aim of making new discoveries in the region.”
“The Company achieved record revenues of $624 million in 2022 largely due to an 81% increase in production at the Santa Elena operation,” stated Keith Neumeyer, President and CEO of First Majestic. “In its first full year of production from the Ermitaño mine, Santa Elena achieved a new production record of 9.1 million silver equivalent ounces with a low AISC of $13.97 per ounce.”
Reyna Silver Corp. is pleased to announce the closing of the second tranche of its previously announced “bought deal” private placement of units for gross proceeds of C$3,011,916.
Mr. John Antwi, President and CEO of Bendito, commented: “Phase 1 drilling at Alacrán has achieved our expectations of significantly extending the epithermal system to the southeast of the known historical resource estimates. The exciting holes, including BSS-23-005 that shows 1.49g/t AuEq over 51m starting at 1.5m from surface, demonstrate the potential for open pit mining. These results underpin our focus on generating shareholder value at Alacran.”
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