Sierra Metals Inc. is pleased to announce, further to the May 22, 2024 news release, the completion of the sale of the Cusi Mine and surrounding mineral concessions located in Mexico to Minera San Bernabé, S.A. de C.V., a subsidiary of Silverco Mining Corp.
Aztec Minerals Corp. is pleased to announce that it is amending the terms of its non-brokered private placement financing, previously announced on July 16, 2024, for up to 13,888,888 units of the Company at a price of C$0.18 per Unit for aggregate gross proceeds of up to C$2,500,000, increased from C$1,500,000.
“2023 was an exciting and transformative year for MAG and all of our stakeholders. Looking ahead, we remain focused on fulfilling our commitments, optimizing operational efficiencies and advancing our exploration initiatives,” said George Paspalas, MAG’s President and Chief Executive Officer.
“Consistent with our plans, our operations delivered a robust quarter, and we are well-positioned for a strong second half of 2024”, said Keith Neumeyer, First Majestic’s President & CEO. “We are extremely pleased with the production trajectory at Santa Elena, allowing us to revise our guidance upwards on the back of increased throughput and significantly higher gold grades.”
Angel Wing Metals Inc. is pleased to announce voting results from the Company’s Annual General and Special Meeting of Shareholders held on July 15, 2024.
“The Galena Complex had a terrific operating quarter with silver production at the highest level in over 10 years.” stated Americas President and CEO Darren Blasutti.
Proceeds of the Offering will be used to finance exploration activities at the Company’s properties in Arizona as well as for working capital and general corporate purposes.
GR Silver Mining Ltd. is pleased to announce that it has closed the transaction announced June 28, 2024 pursuant to which a private, arm’s-length Canadian company active in Mexico has acquired from the Company 100% of the issued and outstanding shares of Marlin Gold Mining Ltd.
Aztec Minerals Corp. is pleased to announce a non-brokered private placement financing of up to 8,333,334 units of the Company at a price of C$0.18 per Unit, for aggregate gross proceeds of up to C$1,500,000.
“Our second quarter production remained consistent with 616,571 silver equivalent ounces produced, up 5% over the second quarter of last year and tracking our production target for the year. We were able to start processing La Preciosa surface stockpile material through our mill with excellent recovery results, particularly silver, which exceeded our expectations.”
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