Year: 2023

MAG Silver Closes Us$42.6 Million Common Share Offering

MAG Silver Corp. announced today that it has completed its previously announced bought deal public offering and has issued 2,905,000 common shares including 170,000 Common Shares issued upon the partial exercise of the over-allotment option, at a price of US$14.65 per Common Share for gross proceeds of US$42,558,250.

Golden Minerals Reports Continued Exploration Success at Yoquivo Gold-Silver Project, Mexico

“Our team continues to advance our understanding of the mineralization at Yoquivo. These last holes from the 2022 program continue to return high-grade gold and silver assays from both the Pertenencia and San Francisco vein systems, and with each new drilling campaign we continue to discover additional veins and extend mineralization to greater depths than previously recognized,” said Warren Rehn, President and Chief Executive Officer of Golden Minerals.

Newmont Confirms Proposal to Combine with Newcrest

Newmont’s proposal to combine with Newcrest is on the basis of 0.380 Newmont shares per Newcrest share, which would result in the combined company being 30 percent owned by Newcrest and 70 percent owned by Newmont.

Reyna Silver Announces Further Upsize to Previously Announced Bought Deal Financing

Reyna Silver Corp. is pleased to announce that, in connection with its previously announced “bought deal” private placement of units, the Company has entered into an amended agreement with Eight Capital, as lead underwriter and bookrunner, and on behalf of a syndicate of underwriters pursuant to which the Corporation has increased the size of the private placement to 21,668,000 units of the Company at a price of C$0.30 per Unit for aggregate gross proceeds of C$6,500,400.

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