Orogen Royalties held its Annual Meeting, where all proposed resolutions were approved, confirming the company’s ongoing commitment to organic royalty development.
Radius Gold successfully raises CAD $580,500 through a private placement, advancing its ongoing exploration initiatives with solid investor backing. Each unit issued includes a common share and a warrant, reflecting Radius’s commitment to growth and stakeholder value.
Pursuant to the Private Placement, the Company issued an aggregate of 125,000,000 Subscription Receipts at an issue price of C$0.40 per Subscription Receipt, for gross proceeds of C$50 million, which included 12,500,000 Subscription Receipts issued pursuant to the exercise, in full, of the Underwriters’ option granted to the Underwriters in connection with the Private Placement.
“We are delighted to welcome the Reyna Gold shareholders to Reyna Silver,” said Jorge Ramiro Monroy, CEO of Reyna Silver. “We thank all the shareholders for their recognition of the synergies and strong support of the merger. Now, we can all look forward to results from our current drill campaign at Gryphon together.”
Silver Dollar Resources Inc. has completed the previously announced non-brokered private placement financing that raised gross proceeds of $1,500,000.
Guanajuato Silver Company Ltd., a rapidly growing Mexican precious metals producer, is pleased to announce the closing of its previously announced non-brokered private placement for gross proceeds to the Company of C$8,720,400. The Private Placement consisted of 36,335,000 units of the Company at a price of C$0.24 per Unit.
“I am extremely proud of all Vizsla employees and contractors working at the Panuco Project,” commented Michael Konnert, President & CEO. “Since 2019, when work began at Panuco, the Company has been committed to responsible mining done right.”
Darren Koningen, CEO of Minera Alamos, stated: “The Copperstone project is an ideal addition to our portfolio of low capex, late-stage development projects. The site has significant infrastructure and permits in place which will allow our technical group to quickly advance the project into production.”
“We are extremely pleased to have the opportunity to develop and explore the El Potrero Property,” stated Robert Archer, Pinnacle President & CEO. “It is centered in a well-mineralized district and has had high-grade historic production of its own, yet the four-kilometre strike length of the vein system has not been drilled or systematically explored by modern methods. Average gold and silver grades are reported to be in the range of 10.3 g/t gold equivalent or 845 g/t silver equivalent.”
Golden Goliath CEO Paul Sorbara said, “Golden Goliath is focussed on the exploration of its two 100% owned gold properties in Ontario; Wish Ore, near Sault Ste Marie, and our Dixie Road project, located just south of the Kinross Great Bear deposit south of Red Lake. Golden Goliath also has four REE projects in Quebec. We are reducing carrying costs and gaining working capital by divesting of our assets in Mexico.”
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