GR Silver Mining Terminates the Marlin Gold Disposition
GR Silver Mining has terminated the Share Purchase Agreement as the Closing was not completed by the Closing Deadline.
GR Silver Mining has terminated the Share Purchase Agreement as the Closing was not completed by the Closing Deadline.
Sierra Metals Inc. has filed an independent technical report prepared in accordance with National Instrument 43-101 on the Yauricocha Mine in Peru.
Guanajuato Silver Company Ltd. confirms that, as previously announced on May 31, 2024, the Company has settled $805,000 in outstanding liabilities of the Company by the issuance of 2,683,333 common shares in the capital of the Company at a deemed price of $0.30 per share.
Prime Mining Corp. announces that shareholder voting at the Company’s Annual General and Special Meeting of shareholders held on June 19, 2024 has resulted in the election of all the directors listed as nominees in management’s information circular dated May 3, 2024, as well as the approval of all matters presented.
Ranchero Gold Corp. is pleased to announce that its wholly-owned subsidiary Minera y Metalurgia Paika, S.A. de C.V. has closed the sale of four mineral licenses of the Santa Daniela project, as announced in the Company’s press release dated December 27, 2023, to Minas de Oro Nacional, S.A. de C.V., a wholly-owned subsidiary of Alamos Gold Inc.
Vizsla Silver Corp. is pleased to announce that the Supreme Court of British Columbia has issued its final order approving the plan of arrangement with Vizsla Royalties Corp.
“We welcome several new investors as shareholders of Prismo Metals,” said CEO Alain Lambert. “We look forward to getting the next phase of drilling on the way at our silver project Palos Verdes and finalizing the permitting for the upcoming drill campaign at our Hot Breccia copper project in Arizona.”
Silver Bull’s CEO, Mr. Tim Barry commented, “Whilst it had been Silver Bull’s intention to continue developing the Sierra Mojada Project, an illegal blockade by a local mining cooperative trying to force an underserved royalty payment from the Company began in September 2019 and continues to this day. Despite multiple favourable rulings by the Mexican Courts that Silver Bull did not owe the blockaders a royalty payment, and numerous requests to the Mexican Government to uphold the law and end the illegal blockade, the Government failed to take any action, preventing Silver Bull from accessing the site for over four years and preventing the Company from conducting its lawful business in Mexico.
“On behalf of the Board, management and staff, I would like to thank outgoing director, Dan MacInnis, for his 19 years of commitment and service to the Company,” said George Paspalas, President and CEO of MAG.
“We are problem solvers and sought to resolve each challenge presented by Mexico, up until the point the Mexican government cancelled our concessions. This leaves us with no alternative but to pursue international arbitration. We regret this outcome for shareholders, who may still see some benefit from the discovery as we pursue this arbitration. However I lament most heavily this outcome for local people, whom we have worked very closely with over the past two decades, and who have become our friends. They now stand to gain nothing from the Ixtaca project which was developed and designed with their assistance.”
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