Category: Investor’s Corner

The Mexican government, through the Ministry of Finance (SHCP), proposed to Congress to increase two tax rights paid by the mining industry, according to press

Luca Mining Corp. is pleased to announce the hiring of a highly experienced geological team to execute the Company’s ambitious exploration strategy at both Tahuehueto and Campo Morado.

Minera Alamos Inc. is pleased to announce that it has entered into an agreement with National Bank Financial Inc. as lead underwriter and bookrunner, and on behalf of a syndicate of underwriters pursuant to which the Underwriters will purchase 28,333,000 common shares of the Company at a price of C$0.30 per Common Share, on a “bought deal” private placement basis, with a right to arrange for substituted purchasers, pursuant to the listed issuer financing exemption, for aggregate gross proceeds to the Company of approximately C$8.5 million.

Endeavour Silver Corp. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, pursuant to which the Underwriters have agreed to buy on a bought-deal basis 15,825,000 common shares of the Company at a price of US$4.60 per Common Share for aggregate gross proceeds of approximately US$73 million.

In accordance with Provision 4 of the UK Corporate Governance Code, the Company hereby provides an update on the actions taken in response to the level of votes cast against one of the resolutions (resolution 9) proposed at the Company’s Annual General Meeting held on 21 May 2024.

The Company does not currently have sufficient resources to meet its expected cash needs during the twelve months ending September 30, 2025. At September 30, 2024, the Company had current assets of approximately $2.5 million, including cash and cash equivalents of approximately $1.8 million. On the same date, it had accounts payable and other current liabilities of approximately $4.5 million, which includes $1.0 million in deferred revenue for the sale of the Velardeña oxide plant and water wells.

“Exiting the third quarter, it was clear the operational changes the Company has been implementing at San Jose de Gracia are being reflected in strong results, notably the month over month production gains in October 2024,” stated Rohan Hazelton, President & CEO DynaResource.

“After extensive consultation with our shareholders, the decision was made not to move forward with the Prospector transaction and return to our company roots in mineral exploration” commented Cameron Tymstra, Tarachi President and CEO.

Goldgroup Mining Inc. is pleased to announce that it has closed the non-brokered private placement previously announced on November 1, 2024.

“Despite the recent challenges of distressed capital markets for the precious metals sector as well as permitting delays in Mexico, we continue to maintain concession payments and advance the Cerro Caliche mine plan through the environmental review process,” said Kenneth MacLeod, Sonoro’s President and CEO.