Year: 2023

Osisko Development Announces $45 Million Bought Deal Financing

Osisko Development Corp. is pleased to announce that it has entered into an agreement with Eight Capital and National Bank Financial Inc., as co-lead underwriters and joint bookrunners, and on behalf of a syndicate of underwriters, under which the Underwriters have agreed to purchase, on a bought deal basis, an aggregate 6,819,000 Units of the Company at a price of $6.60 per Unit for aggregate gross proceeds of $45,005,400.

Consolidated Zinc Enters Binding Conditional Agreement to Sell Plomosas Project for US$6 Million

Consolidated Zinc Limited is pleased to announce that it has entered into a binding conditional share sale agreement with Impact Silver Corp., a TSX Venture Exchange and FSE listed company domiciled in British Columbia, Canada pursuant to which the Company will sell its 100% legal and beneficial interest in Minera Latin American Zinc S.A.P.I de C.V., a subsidiary of the Company that owns the Plomosas Project, to Impact Silver.

Prime Meridian Resources Corp. Executes Purchase Option Agreement on the Cuatro Hermanos Project

Brian Leeners, CEO of Prime Meridian, stated, “The Cuatro Hermanos Copper Project is currently an 8-square kilometre, at-surface, copper and molybdenum system with near-term soluble copper (SXEW) production potential. The asset in its entirety versus the current value of PMR, represents tremendous leverage to rising copper and molybdenum prices which are beginning to reflect projected deficits in forward supply.”

Chesapeake Gold Files Amended Metates Technical Report

Chesapeake Gold Corp. announces that it has filed an amended technical report and preliminary economic assessment titled “Metates Sulphide Heap Leach Project – Phase 1” dated January 13, 2023, with an effective date of December 15, 2022 in respect of the Company’s Metates project.

Barksdale Warrants Exercised and Options Issued

Barksdale CEO Rick Trotman comments, “We would like to thank all of those that exercised their warrants over the past twelve months. Our great shareholder base, including Teck Resources, Delbrook Capital Advisors, US Global Investors, among others, have ensured that the Company is fully funded to execute our fully permitted San Antonio drilling program as well as to initiate drilling at Sunnyside when the final permit is delivered in the next few months.”

Prismo Metals Files Drilling Permit Application for Los Pavitos

“The geological mapping program to cover the main area of interest on the Francisco Villa Ejido has now been completed,” said Dr. Craig Gibson, President and CEO of the Company. “The next phase of our exploration program is ongoing and focuses on detailed mapping and sampling on individual mineralized areas and drawing up a drilling program planned for the first half of 2023.”

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