Category: Investor’s Corner

Richard C. Adkerson, President and Chief Executive Officer, said, “I am proud to share our Annual Report on Sustainability and our Climate Report. Our commitment to our workforce, host communities and governments, the environment and matters important to all stakeholders drives our corporate culture.”

Auxico Resources Canada Inc. is pleased to announce that it has signed a joint venture agreement with Kibara Minerals for the concentration and export of tantalum and niobium ores from the Democratic Republic of the Congo.

Golden Goliath Resources Ltd. is very pleased to announce that the recently announced private placement has now received the necessary regulatory approvals. Originally planned for $350,000, the private placement was increased to $450,000 due to demand and then again to $500,000.

Alamos Gold Inc. today announced that the Company’s Board of Directors has declared a quarterly dividend of US$0.015 per common share.

Magna Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of 17,075,000 common shares in the capital of the Company at a price of $0.41 per Offered Share for aggregate gross proceeds of $7,000,750.

As announced by the Company on March 3, 2020, the Company was previously working towards completing an initial public offering of BDRs in Brazil, which plans the Company subsequently suspended in light of the ongoing COVID-19 pandemic as announced by it on March 24, 2020.

Simon Ridgway, President and CEO of Radius, commented, “The potential of this region of Guatemala for significant gold/silver discoveries is proven. The country now has a pro-mining government that sees value in creating employment for its people. Now is the right time for Radius to bring in Volcanic’s focused, well financed, well managed exploration team to make the discoveries that will create wealth for all the stakeholders in this region of Guatemala.”

Red Cloud is a Toronto-based financial services company that provides investor relations services, including assisting with increasing investor awareness and overall marketing of Silver Tiger.

The proceeds of the Private Placement will be used primarily to fund Discovery’s continuing exploration program at its Cordero project and its Coahuila projects. A portion of the proceeds will be used for general working capital purposes.

“Our sustainability report provides investors and other stakeholders a transparent and detailed look at look at our safety, environmental and social performance,” said Tom Palmer, President and Chief Executive Officer.

Proceeds of the private placement will be used for funding exploration of the Buck property and working capital.

“We are looking forward to resuming operations at Platosa and Miguel Auza in a safe and healthy manner and doing our part to prevent the further spread of COVID-19 in Mexico,” stated Brendan Cahill, President and CEO. “Fortunately, our people have not suffered any cases of the disease and incidences in our surrounding communities have been minimal.”

“I am very appreciative of the way our team in Mexico handled the difficult challenges faced during the last few months due to the global pandemic,” said David Wolfin, President & CEO of Avino.

Santacruz Silver Mining Ltd. announces that, as a result of delays caused by the COVID-19 pandemic, the Company will be postponing the filing of its condensed consolidated interim financial statements for the three-month period ended March 31, 2020 and accompanying management’s discussion and analysis and related CEO and CFO certificates which are required to be filed by June 1, 2020 under National Instrument 51-102 – Continuous Disclosure Obligations.

The net proceeds from the Offering are intended to be used to fund exploration and development of Wealth’s Atacama Project as well as general corporate purposes.

Due to delays to obtain financial information in Mexico, caused by the COVID-19 pandemic, the Company is relying on this blanket relief to postpone the filing of its Q1 interim financial statements and corresponding management’s discussion and analysis for the three month period ended March 31, 2020.

PREMIER GOLD MINES LIMITED announces that due to ongoing concerns related to the spread of COVID-19, and in order to mitigate potential risks to the health and safety of its shareholders and communities, the Company has elected to postpone its annual general meeting of shareholders.

Octavio Alvídrez, Chief Executive Officer, said: “The well-being of our workforce and the communities in which we operate is our first priority and we will continue to do all we can to ensure their safety. I would like to thank everyone at Fresnillo for the calm way in which they have adapted to the new measures we have put in place to combat COVID-19 and their professional conduct during this difficult time.

Valterra Resource Corporation reported today that it plans to issue up to a total of 15,000,000 units, in a non-brokered private placement at a price of $0.05 per unit for gross proceeds of Cdn $750,000.

On May 12, 2020, mining was deemed an essential activity by the Mexican authorities, and the Company has obtained formal authorization to fully restart operations at Aranzazu on May 27, 2020. The Company expects it will be able to gradually and safely resume activities at Aranzazu over the next few weeks.

$600,000 is slated for further gold exploration at the promising project.

Consolidated Zinc Limited is pleased to announce the fully underwritten pro-rata non-renounceable entitlements offer to raise $1,725,933 on the basis of 1 new share for every 3 shares held at the record date, at an issue price of $0.003 per New Share has closed in accordance with the Offer timetable.

This Thursday marks a year since Alonso Ancira, president and main shareholder of Altos Hornos de México (AHMSA), was arrested in Spain after being accused by the Mexican government of participating in a series of crimes that caused property damage to Petróleos Mexicanos (Pemex).

The proceeds from the Private Placement will be used to advance exploration efforts at the Company’s properties, including a comprehensive geophysical survey and expanded drilling program at Warintza, and for general and working capital purposes.

Golden Tag Resources Ltd. is pleased to announce the restructuring of the Company, and a non-brokered private placement offering for gross proceeds of up to $1,125,000. Subsequent to closing of the Financing, the Company will have cash balances of approximately $2.1 million, and no debt.