Category: Investor’s Corner

Minaurum Announces Brokered LIFE Offering for up to C$6.0 Million

Minaurum Gold Inc. is pleased to announce that it has entered into an agreement with Red Cloud Securities Inc. to act as sole agent and bookrunner in connection with a best efforts, private placement for gross proceeds of up to C$6,000,000 from the sale of up to 24,000,000 units of the Company at a price of C$0.25 per Unit.

Sierra Metals Reports Q1 2024 Production Results, Including Record Quarterly Copper Equivalent Production at Bolivar

Ernesto Balarezo, CEO of Sierra Metals, commented, “During the first quarter of 2024, the Bolivar mine achieved another record quarter, continuing its upward trend of quarterly increases in metal production. Meanwhile, we are very pleased to announce that after receipt of the permit to mine below the 1120 level on February 21, 2024, we have already initiated the development activities.”

IMPACT Silver Announces Full Year 2023 Results

Fred Davidson, President & CEO of IMPACT, stated, “In 2023, we were able to leverage our silver producing assets and add meaningful new gold production resulting in strong revenue growth on a year over year basis. We integrated the acquisition of the Plomosas mine and are in the process of bringing it back online and expect this high-grade zinc operation to meaningfully add to the Company’s financial results going forward. Notwithstanding, inflationary pressures across the operation and throughout the supply chain, continued to negatively impact profitability.”

First Majestic Produces 5.2 Million AgEq Oz in Q1 2024

“Q1 represented a strong start to 2024 from a safety and production stance, with continued strong production from Santa Elena and an encouraging outlook for La Encantada,” said Keith Neumeyer, President & CEO. “I am proud of the safety performance that we are achieving across our operations while delivering on our production plans. Santa Elena continues to exceed our expectations with another quarter of robust production.”

Eric Sprott Announces Changes to His Holdings in Discovery Silver Corp.

Eric Sprott announces that today, 2176423 Ontario Ltd., a corporation which is beneficially owned by him, purchased 388,500 common shares of Discovery Silver Corp. over the Toronto Stock Exchange (representing approximately 0.1% of the outstanding shares on non-diluted basis) at a price of $0.90 per share for aggregate consideration of $349,650.

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