First Mexican Gold Corp. is pleased to announce that further to its press release of May 22, 2020, the Company has closed the first tranche of its previously announced private placement for gross proceeds of $1,235,229.73.
El Sindicato Nacional de Mineros Independientes dio a conocer los documentos de la Secretaría del Trabajo y Previsión Social que acreditan la constitución legal de su gremio, por lo que solicitó la intervención de Gobierno del Estado “para hacer valer nuestro derecho a la libre asociación sindical”.
The Amendment Agreement accelerates the due date for the final $1.5 million option payment to Vista and provides for an additional $2.1 million payable to Vista in lieu of being granted certain royalties and back-in rights.
“We’ve been trying to get somebody to the table to finally put this behind us,” First Majestic CEO Keith Neumeyer told Reuters.
The $178,855.49 loan, which was due June 16th, was paid off on June 13th. The company was able to satisfy this loan using a new debt obligation.
The Company is requesting the MCTO in order to secure additional time to finalize the Annual Financial Statements. As a result of the recent COVID-19 pandemic and the unexpected delays connected therewith, the Company anticipates a longer than anticipated timeframe for the audit of the Annual Financial Statements. However, it is the Company’s reasonable expectation that the Annual Filings will be finalized by July 15, 2020.
First Majestic Silver Corp has asked Canada’s ambassador to Mexico to intervene in an escalating tax dispute with President Andres Manuel Lopez Obrador’s government, the Canadian miner’s chief executive said on Friday.
The CEO of the Company stated: “The filing of the amended 43-101 technical report addresses comments raised by the BCSC. The Company, together with qualified persons, have addressed the comments and all sections are updated in the document filed on SEDAR today.”
Luego de que el secretario de Seguridad Pública, Ismael Camberos Hernández, acudiera a la minera Fresnillo PLC para garantizar la seguridad en la zona tras una riña entre mineros del Sindicato Independiente y del Sindicato Nacional Minero Metalúrgico – FRENTE, se registró un nuevo enfrentamiento, en el que varios mineros resultaron lesionados.
The proceeds raised from the Offering will be used by the Company for exploration and development of the Company’s Los Reyes gold and silver property and for general corporate purposes.
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