The net proceeds of the Offering will be used to accelerate the advancement of the Company’s Los Ricos projects and for general corporate purposes.
“We continued to realize strong production in August, delivering record monthly tonnage from both the mine and mill,” stated Brendan Cahill, President & CEO.
The gross proceeds from the issue and sale of the Flow-Through Shares will be used by the Company to incur eligible “Canadian exploration expenses” that will qualify as “flow- through mining expenditures” as such terms are defined in the Income Tax Act (Canada) related to the Company’s projects in Ontario on or before December 31, 2021.
Rod Antal, President And CEO Said , “The completion of the merger between SSR Mining and Alacer has created one of the premier free cash flow generators in the sector with a number of near term, value enhancing catalysts on the horizon.”
Silver Tiger Metals Inc. begins trading today on OTCQX under the symbol “SLVTF.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.
Aura Minerals Inc. is pleased to announce that the Gold Road mine, located in Arizona, USA, today shipped its first lot of gold production since its acquisition at the end of March by Aura Minerals.
At the company’s board meeting today, the directors appointed David Wolfin as Chairman of the Board, and Peter Latta as President and a member of the Board of Directors.
Excellon expects its Common Shares will commence trading on the NYSE American as of market open on September 22nd under the ticker symbol “EXN”.
Candelaria Mining Corp. announces that it has agreed to settle outstanding debt of US$825,000 with an arm’s length creditor by issuing 2,175,030 common shares of the Company at a deemed price of C$0.50 per share.
Silver Viper’s President and CEO Steve Cope states, “I am very proud of the progress our team has made over the last year. The financing last September was done at $0.25 and we recently hit an all-time high of $0.85. The majority of the La Virginia project has never seen any modern exploration and we will continue to not only expand on our discoveries at El Rubi but also continue to test the other drill ready anomalies that we have identified through our surface mapping and sampling programs.”
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