Category: Investor’s Corner

Aztec Minerals Closes Final Tranche of Oversubscribed $1.55 million Private Placement

Simon Dyakowski, Aztec Minerals President & CEO stated, “We are pleased to complete this financing and are grateful for the ongoing support of our existing shareholders and several new shareholders. Notably, Aztec’s largest shareholder, Alamos Gold Inc. (TSX: AGI, NYSE: AGI) subscribed for 625,000 Units of the financing, thereby maintaining their equity ownership of approximately 8.8% on an undiluted basis.”

Colibri Appoints McGavney as President and CEO

The Board of Directors of Colibri Resource Corporation is pleased to announce the appointment of Ian McGavney as the President and Chief Executive Officer of the Company. The Company also wishes to announce the retirement of Ron Goguen Sr. from the position of President and CEO.

Bear Creek Mining Announces Results of Special Meeting of Shareholders

As more fully described in the Company’s Information Circular dated August 9, 2023, shareholders were asked to consider and, if thought fit, to pass an ordinary resolution to approve the: (i) issuance of a five-year convertible promissory note to defer a US$25 million current liability owed to Equinox Gold Corp.; and (ii) creation of Equinox Gold, and/or any affiliates of Equinox Gold, as a new “Control Person” of the Company.

Excellon Announces Debenture Restructuring

Shawn Howarth, President and CEO of Excellon, commented, “We are pleased to reach an agreement with Debentureholders. The restructuring announced today reduces debt with zero cash outlay and minimal equity dilution. We also thank Debentureholders, who have invested significant capital to support Excellon and continue to believe in the long-term potential of the Company.”

Angel Wing Metals Inc. Announces Share Consolidation

Management believes that share consolidation is necessary to provide the Company with a share structure that will better attract capital financing and that will provide for future growth opportunities.

Sierra Metals Places Cusi Mine on Care and Maintenance and Initiates Sale Process

Ernesto Balarezo Valdez, Sierra Metals’ CEO, stated, “Earlier this year, the Company deemed the Cusi silver mine a non-core asset and given current market conditions has made the difficult decision to put the mine on care and maintenance. In efforts to crystalize value for shareholders we have a process underway to sell Cusi.”

Equinox Gold Announces Bought Deal Offering of Convertible Senior Notes

Equinox Gold Corp. announces that it has entered into an agreement with BMO Capital Markets, on behalf of itself and the other initial purchasers pursuant to which the Initial Purchasers have agreed to buy, on a bought deal basis, 4.75% unsecured convertible senior notes due 2028 in an aggregate principal amount of $150 million.

Globexplore is a customer focused, technology driven mineral exploration drilling contractor devoted to top of class drilling methods and techniques that only years of experience can achieve. Every day we strive to be the industry leader by providing the highest rate of performance, professionalism, safety and environmental responsibility.

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Maza Drilling is a Mexican company established in 2007 in Mazatlán, Sinaloa. Our Canadian founder, Mr. Guy de Launiere, has over 20 years of international experience managing diverse drilling operations. Maza Drilling strives to compete at the highest levels in terms of recovery, effectiveness, efficiency, and affordability at every project while keeping at the forefront of technology to meet our customer’s needs in this demanding market.