Category: Investor’s Corner

Osisko Development Corp. reports its financial and operating results for the three months ended March 31, 2024.

Dale Andres, CEO said: “During the first quarter we continued to add cash to the balance sheet mainly because of the previously disclosed strong operational performance at the LGJV. All-in sustaining cost per silver ounce was at the lower end of 2024 guidance thanks to improved operating efficiencies, which helped to offset inflationary cost pressures and the impact of the stronger Mexican peso.”

“We are absolutely thrilled to be working with Terry and the Salman Partners team” said Peter Latta President. “Terry has a tremendous reputation and expansive network in the mining industry that we believe will help the Silver Wolf story resonate with a broader audience.”

Reyna Silver Corp. is pleased to announce that, due to investor demand, it has upsized its previously announced non-brokered listed issuer financing exemption (LIFE) private placement. The upsized offering is for up to 10,625,000 units of the Company at a price of $0.16 per Unit for gross proceeds of up to $1,700,000 increased from the previously announced 6,250,000 Units for gross proceeds of up to $1,000,000.

Arturo Préstamo, Executive Chairman and Interim CEO of Santacruz, commented, “In 2023, Santacruz continued to build a mid-tier silver and base metals producer. The Company completed several mine optimization initiatives including the integration ramp that connects the Tres Amigos and Colquechaquita underground mines at Caballo Blanco in Bolivia. And in Mexico, the operational restructuring at the Zimapan mine has already resulted in cost savings.”

John MacKenzie, CEO of Capstone, commented, “Our mines got off to a solid start in the first quarter as we executed on our operating plans and delivered strong financial results. The copper market has entered into the early stages of a new era, and we are positioned extremely well as our flagship Mantoverde mine ramps up to full production.”

Minaurum Gold Inc. is pleased to announce that the Company has completed its previously announced “best efforts” private placement for gross proceeds of C$5,696,250 from the sale of 22,785,000 units of the Company at a price of C$0.25 per Unit.

“While we continue actively progressing near-term cash flow opportunities from our Mexican assets, we are also very excited to advance our growth strategy by actively seeking out gold and silver projects with promising exploration potential in Peru,” says Joanne Freeze, President and CEO of Xali Gold.

“Coeur began 2024 with solid first quarter production in a catalyst-rich year for the Company,” said Mitchell J. Krebs, President and Chief Executive Officer. “This strong start, highlighted by the achievement of commercial production at Rochester at the end of the first quarter, puts us in a great position to achieve full-year 2024 guidance and begin generating positive free cash flow in the second half of the year.”

Dr. Craig Gibson commented: “My position as President and CEO was intended to be temporary during Prismo’s startup, as my strength has always been advancing projects through exploration work. I think this is the time to make the change, and I welcome Steve and Alain to their new positions.”