Southern Silver Exploration Corp. announces an additional increase to its previously announced non-brokered private placement from $3,000,000 to $3,600,000.
Alexandra Woodyer Sherron, CEO of Empress stated, “Tahuehueto has successfully reached several key milestones, showcasing the hard work and strategic vision of the Luca team.”
Southern Silver Exploration Corp. increased its non-brokered private placement from C$2.52M to C$3.0M, issuing 16.67 million units at C$0.18 each (one share + half warrant at C$0.28 for 3 years). Proceeds will advance the Cerro Las Minitas project and general corporate purposes.
Endeavour Silver said its Terronera Project in Jalisco, Mexico reached about 89.4% construction completion by end of Q4 2024, with dry commissioning underway on the upper plant and strong progress on infrastructure. Underground development continued, major systems were installed, and efforts focused on finishing lower-platform work to be ready for full commissioning in early Q2 2025.
McEwen Mining Inc. today announced the pricing of $95 million aggregate principal amount of its convertible senior notes due 2030 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
McEwen Mining Inc. priced an upsized $95 million offering of 5.25% convertible senior notes due 2030 in a private placement, with an option for an extra $15 million (totaling $110 million). The notes have an initial conversion price of ≈$11.25 (about 30% premium) and potential upside to $17.30 with capped calls. Proceeds will help refinance debt and support corporate needs.
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