Guanajuato Silver Company Ltd. announces a brokered, best-efforts Listed Issuer Financing Exemption private placement consisting of units of the Company at a price of C$0.20 per Unit for minimum aggregate gross proceeds of C$6,000,000 and a maximum of up to C$8,625,000.
“The response to our recently announced financing has been overwhelming. To accommodate several strategic investors, we were pleased to increase the offering and close an oversubscribed financing”, said CEO and President Vikas Ranjan.
Richard C. Adkerson, Chairman and Chief Executive Officer, said, “Our sustainability programs are at the forefront of our daily work and are a critical driver of our long-term success. We have a strong commitment to continuous improvement in the efficiency of our operations, to supporting and developing our global workforce, forging and maintaining partnerships with our host communities, and continually enhancing our transparency with our stakeholders.”
“We are pleased to quickly close out a significant portion of the placement,” commented Brodie Sutherland, CEO. “The final portion of the placement will remain open while we collect final documentation. We are very excited with the resounding support received from current and new shareholders as we advance our projects.”
Kootenay Silver Inc. is pleased to announce that the Company has completed its previously announced and upsized “best efforts” public offering for gross proceeds of C$10,350,000 from the sale of 9,241,071 units of the Company at a price of C$1.12 per Unit.
“We are pleased that WIYA was able to put our SDA Plant into operation and demonstrate that it functions well,” says Joanne Freeze, President and CEO of Xali Gold.
“Recognizing that Alamos hosts CRD mineralization in addition to our existing high-grade silver veins, creates a significant new target for us,” stated Darrell Rader, President and CEO of Minaurum Gold. “While carbonate rocks are known throughout the project area, CRD mineralization has never been directly targeted.”
“Newmont delivered a strong first quarter operational performance, producing 2.2 million gold equivalent ounces and generating over $1.4 billion in cash from operations before working capital changes,” said Tom Palmer, Newmont’s President and Chief Executive Officer.
Guanajuato Silver Chairman and CEO, James Anderson, said, “Having known Miranda for over a decade, I know that with her +30-years of resource-specific financing experience, Miranda will bring an invaluable skillset to Guanajuato Silver just as we are entering a new phase of growth. Miranda’s history of implementing innovative financial solutions in the mining industry, combined with her infinite energy, make her one of the most effective financiers within our industry today.
Este martes, la unidad minera San Martín se declaró en paro luego de que el bloqueo que mantiene la denominada Sociedad Transportista Empresarial de Sombrerete, que exige que se contraten trabajadores locales, afectara la productividad de la mina e impidiera el acceso a la comunidad San Martín.
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