Month: March 2025

Goldgroup Announces Acquisition of Pinos Project

Goldgroup Mining Inc. announces that, further to the news releases disseminated by the Company on August 14, 2024 and January 16, 2025, the Company has entered into an Agreement to Suspend Enforcement Proceedings dated March 6, 2025 with Candelaria Mining Corporation with respect to the Loan Facility described in the August 14th News Release and January 15th News Release after delivering notice of enforcement of the Company’s rights under the Loan Facility to CMC on August 14, 2024.

Bear Creek Mining Announces Brokered Private Placement, Appointment of Peter C. Mitchell and Ian Grundy as Directors, Debt Amendments and Credit Extension

Bear Creek Mining Corporation announces that it has entered into an agreement with BMO Capital Markets to act as sole bookrunner, on behalf of a syndicate of underwriters on a bought deal basis, for a private placement of 64,445,000 common shares of the Company at a price of C$0.225 per Share to raise aggregate gross proceeds of approximately C$14.5 million.

Fresnillo Plc – Financial results for the year ended 31 December 2024

Octavio Alvídrez, CEO said: “I am pleased to report a solid financial performance for Fresnillo in 2024, underpinned by higher precious metal prices, operational discipline, and a continued focus on cost efficiencies. This result is testament to the hard work and diligence of our teams on the ground, who have delivered another year of operational consistency.”

Pan American Silver Announces Renewal of Normal Course Issuer Bid

American Silver Corp. announces that the Toronto Stock Exchange has accepted the Company’s notice of its intention to renew its normal course issuer bid to purchase up to 18,107,917of its common shares, representing up to 5% of Pan American’s issued and outstanding shares as at February 28, 2025.

Odyssey Marine Exploration Appoints Larissa Pommeraud to its Board of Directors

“We are delighted to welcome Ms. Pommeraud to the Board. Her expertise in corporate strategy will play a critical role in shaping Odyssey’s long-term vision for sustainable mineral sourcing, supporting the clean energy transition, and ensuring a stable phosphate supply to strengthen global food security,” said Mark Gordon, Odyssey’s Chief Executive Officer and Chairman of the Board of Directors.

Kingsmen Reports Expanded Geochemical Data Silvia – La Plata Zones

President, Scott Emerson, commented: “We have now completed geochemical sampling over our targeted zones. As previously noted on the Soledad structures and now at Silvia and Plata, the presence of high-grade samples hosted in intrusive, volcanic and sedimentary rocks confirm these are highly prospective areas for drilling in our upcoming drilling campaign.”

Oroco Closes Non-Brokered Private Placement

Oroco Resource Corp. is pleased to announce the closing of a non-brokered private placement raising gross proceeds of $2,303,555.75 through the sale of 9,214,223 units at a price of $0.25 per unit.

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