The net proceeds from the Offering will be used principally to fund Sonoro’s ongoing development plans at its Cerro Caliche Gold Project located in Sonora, Mexico and project property maintenance payments, and secondarily for corporate and general administrative expenses.
Taj Singh, President & CEO, states: “Our name change to Discovery Silver reflects the strong momentum and exceptional results we have reported to date at our flagship Cordero project, one of the world’s largest undeveloped silver resources.”
Gatos Silver, Inc. is pleased to announce the appointment of Rodrigo Monroy as General Counsel effective April 1, 2021.
Tarachi Gold Corp. is pleased to announce that Mr. Veljko Brcic has agreed to join the Board of Directors and he will replace Mr. Leighton Bocking.
“The strong operational results were matched by an equally solid safety performance, with no lost time injuries in the quarter. Our culture of safety continues to be reflected in ongoing adherence to our multi-layered COVID-19 protocols, to ensure business continuity and mitigate spread of the virus within our operations and host communities.”
Christian Milau, CEO of Equinox Gold, stated: “With Mercedes and Greenstone in our portfolio, Equinox Gold now has eight operating mines and one of the largest gold reserves in our peer group, all in the mining-friendly jurisdictions of Ontario, California, Mexico and Brazil.
Minaurum Gold Inc. is pleased to announce it has retained Digital257 Technologies Inc. to provide digital media and capital markets communications services to Minaurum. Digital257 is a digital marketing firm specializing in investor audience growth and will assist with online communications with the goal of increasing market awareness.
Jonathan George, Ridgestone’s CEO and Director, commented, “The IP and resistivity survey has outlined a strong anomaly which is very pronounced at the Elena concession. Given the significant copper intersected from drilling on the New Year Zone and Alaska Vein, in addition to the high-grade surface samples from the Elena concession, we are highly encouraged about the potential for a significant copper system at Rebeico.”
GR Silver Mining Ltd. announces that it has entered into an agreement with Beacon Securities Limited as lead underwriter and sole bookrunner on behalf of a syndicate of underwriters, pursuant to which the Underwriters have agreed to purchase, on a “bought deal” private placement basis, 13,600,000 units at a price of $0.59 per Unit for aggregate gross proceeds to the Company of $8,024,000.
“Parral has become our engine of free cash flow, generating in excess of US$5.5 million this quarter. Parral has funded our exploration program at Los Ricos for three consecutive quarters,” said Brad Langille, President and CEO. “Parral’s free cash flow, when reinvested in Los Ricos, is creating exceptional value growth for our shareholders.”
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