Vizsla Silver provided an update on the Concordia incident involving ten abducted workers, confirming additional fatalities while some individuals remain missing. The company is supporting affected families, cooperating with Mexican authorities in the ongoing investigation, and strengthening security measures, while emphasizing employee safety and its long-term commitment to the Panuco project.
Coeur Mining reported strong early participation in its exchange offer for New Gold’s US$400M senior notes, with ~96% tendered by the April 3 deadline. Required consents were obtained to amend the indenture, removing key covenants and default triggers. The offer expires April 20, with settlement expected shortly after.
Avino announced a Normal Course Issuer Bid to repurchase up to 8.4 million shares (~5% of outstanding) over 12 months. The buyback will be made at market prices and reflects management’s view that the shares may be undervalued, supported by strong financial position and expected 2026 free cash flow.
Coeur Mining reported strong early participation in its exchange offer, with 96.33% ($385.3M of $400M) of New Gold’s 6.875% notes tendered. It secured required consents to amend the indenture, removing most restrictive covenants. Noteholders receive new Coeur notes plus cash incentives, and the company is no longer required to repurchase notes after its New Gold acquisition.
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