Octavio Alvídrez, Chief Executive Officer, commented: “I am pleased to report an increase in profitability over the period, driven by a steady production performance combined with careful cost management and higher gold and silver prices.”
Vizsla Royalties Corp. is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement for gross proceeds of C$4,967,498. A total of 82,791,636 common shares of the Company have been issued at a price of C$0.06 per Share.
Defiance Silver Corp. is pleased to announce that it has closed the second and final tranche on July 26th, 2024 of its previously announced non-brokered private placement offering of units of the Company at a price of C$0.20 per Unit with the issuance of 3,043,575 Units for gross proceeds of C$608,715.
Barksdale Resources Corp. is pleased to announce the closing of the second and final tranche of its previously announced non-brokered private placement offering of units of the Company with the issuance of 14,674,683 Units for gross proceeds of $2,201,202.45.
Under the Final Tranche, the Company issued 540,000 units at $0.05 per Unit for gross proceeds of $27,000.
Mexico’s peso crashed into some formidable global forces this week — Elon Musk, Donald Trump and the Japanese yen.
Mr. Daniel Earle, President & CEO, commented: “We are very pleased to welcome a rising talent in the mining sector like Arun to our team. His expertise in project, market and transaction analysis will support our immediate efforts to explore opportunities to create value for shareholders around our flagship Warintza Project and in the other jurisdictions represented in our portfolio.”
Aztec Minerals Corp. announces the closing of its previously announced non-brokered private placement financing, consisting of 14,306,171 units of the Company at a price of C$0.18 per Unit for aggregate gross proceeds of C$2,575,110.78.
The integrated Mexican steel giant Altos Hornos de México (AHMSA) will face in two weeks the end of its judicial restructuring process of liabilities and so far without an agreement with its creditors, for which it will be declared bankrupt. In this process, they will seek to seel the company in a single package.
Chairman and CEO, James Anderson said, “As we continue to grow precious metals production, the Company has filed its preliminary base shelf prospectus in order to permit the widest possible financial flexibility for the ensuing 25-month period.”
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