Author: Josue Gomez

Cadence Minerals is pleased to note the update today from European Metals Holdings Limited that it has appointed DGWA, the German Institute for Asset and Equity Allocation and Valuation, a mining and resource focused European investment banking boutique, as its Investor and Corporate Relations advisor in Europe.

Carlos Silva, CEO of Santacruz, stated, “With the acquisition of Carrizal Mining now complete our focus has shifted to streamlining operations for improved efficiency. Our primary focus is to get the Zimapan operations back to historic throughput levels — a task that has been made more challenging by taking the necessary COVID-19 precautions at the beginning of March.”

The securities of Azure Minerals Limited will be placed in trading halt at the request of AZS, pending it releasing an announcement regarding a capital raising.

Highvista Gold Inc. announces that the Board of Directors of the Company has appointed Janet O’Donnell as a director to fill the vacancy created by the sudden death of Mr. Gerald McCarvill in December 2019. The Board has also appointed Mr. Paul Crath as the interim CEO and Mrs. O’Donnell as the interim CFO of the Company.

Pan American Silver Corp. has acquired ownership and control of an additional 450,000 common shares of New Oroperu Resources Inc.

“Island Gold has seen exceptional growth over the last several years with the deposit doubling in size since we acquired it in 2017.”

Proceeds of the financing will be used for ongoing exploration and drilling activities at the Candelaria Silver Project, additional exploration activities to further define the high-grade silver-gold-copper vein systems at the Company’s Cherokee Project and to explore for very high-grade targets at the recently acquired Phoenix Silver project.

The net proceeds from the offering shall be primarily used for further exploration of Silver Tiger’s El Tigre silver property located in Sonora, Mexico and for general and administrative expenses.

The Company intends to use the net proceeds of the unit private placement to conduct exploration work on its Tombstone CRD silver-gold-lead-zinc-copper project in Arizona and its Cervantes Porphyry gold-copper project in Mexico, and for general working capital purposes.

Freeport-McMoRan Inc. announced today that it has commenced cash tender offers to purchase a portion of its outstanding 3.55% Senior Notes due 2022, 3.875% Senior Notes due 2023 and 4.55% Senior Notes due 2024 for an aggregate purchase price up to $800 million.