Vizsla Silver remains committed to sustainable practices to support positive change in our industry and beyond,” commented Michael Konnert, President and CEO. “This Report is a testament to our efforts and dedication to forge a responsible future for the environment, our people and the communities in which we operate.”
Pursuant to the Private Placement, the Company issued a total of 15,500,00 units at CAD $0.05 per Unit for gross proceeds of CAD $775,000.
Luca Mining Corp. is pleased to announce it has closed its fully subscribed brokered private placement pursuant to the “listed issuer financing exemption” under Part 5A of NI 45-106 – Prospectus Exemptions resulting in the issuance and sale of 19,000,000 units of the Company at a price of C$0.45 per LIFE Unit for aggregate gross proceeds of C$8,550,000. The Company also closed its concurrent non-brokered private placement of 6,126,167 units of the Company at a price of C$0.45 per Non-LIFE Unit for aggregate gross proceeds of C$2,756,775. The combined gross proceeds raised pursuant to the Financings was C$11,306,775.
Sonoro Gold Corp. is pleased to announce that it has closed an over-subscribed non-brokered private placement of 17,500,000 units at a price of C$0.05 per Unit, for gross proceeds of C$875,000.
Guanajuato Silver Company Ltd., a growing Mexican-based precious metals producer, announces that over 3,000,000 ounces of silver-Equivalent have now been produced at the El Cubo mill; this significant milestone has triggered the last remaining contingent payment owed to Endeavour Silver Corp. as part of the purchase of the El Cubo mine and mill complex located in Guanajuato, Mexico.
“Vizsla Silver remains committed to sustainable practices to support positive change in our industry and beyond,” commented Michael Konnert, President and CEO. “This Report is a testament to our efforts and dedication to forge a responsible future for the environment, our people and the communities in which we operate.”
“I am very pleased to welcome Sunny to the Prime Board,” stated Murray John, Chair of the Board of Directors. “As an Independent Director, Sunny brings a wealth of financial, mining and executive experience to Prime. We are looking forward to working with her as the Management team advances the Los Reyes Project.”
Southern Silver Exploration Corp. reports that its Board of Directors has approved a program of up to 6000 metres of diamond drilling on the silver, lead, zinc Cerro Las Minitas project, Durango, Mexico. The focus of the drill program would include an initial phase of “Proof of Concept” drilling to demonstrate further lateral projections of shallow high-grade mineralization adjacent to planned mine and mill infrastructure in the area of the Eastern Deposits (South Skarn, Mina La Bocona and North Felsite), which also would provide additional tonnage for extraction early in any planned mining schedule.
Dale Andres, CEO of Gatos Silver, said: “We continue to deliver on CLG’s growth potential through disciplined optimization of our assets and successful near-mine resource expansion and conversion. The 2024 LOM Plan represents our second consecutive multi-year mine life extension with the current mine life now extended to the end of 2032 in conjunction with higher mill throughput rates, which are now expected to exceed design capacity by 40% starting in mid-2025.”
Vizsla Silver Corp. is of 25,000,000 common shares of the Company at a price of C$2.60 per Initial Share the underwriters have purchased an additional 3,750,000 common shares of the Company at the Offering Price per Additional Share, pursuant to their exercise in full of the over-allotment option granted by Vizsla Silver, generating additional gross proceeds of C$9,750,000.
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