Category: Investor’s Corner

Sonoro Gold Corp. is pleased to announce that it has closed the final tranche of its over-subscribed non-brokered private placement for additional gross proceeds of C$616,079. Together with the first tranche of the Offering, the Company issued 23,350,009 units at a price of C$0.05 per Unit, for gross proceeds of C$1,167,500.

Three material properties are currently in production: the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, and the La Encantada Silver Mine. The fourth material property, the Jerritt Canyon Gold Mine, is currently in temporary suspension in respect of mining activities, with the Company currently focused on exploration, definition, and expansion of the mineral resources, and the optimization of mine planning and plant operations.

Discovery Silver Corp. today announced it has filed on SEDAR its National Instrument 43-101 technical report entitled: Cordero Silver Project, Technical Report & Feasibility Study dated February 16, 2024, in respect of Discovery’s Cordero deposit in Mexico.

GR Silver Mining Ltd. is pleased to announce that the Waiver and Release Agreement with Mako Mining Corp. announced February 15, 2024 has now closed. Pursuant to the Agreement, Mako has paid to GR Silver Mining a total of USD$960,000, satisfied in full by the payment to GR Silver Mining of USD$500,000 cash and, following receipt of the required approval of the TSX Venture Exchange, the issuance and delivery to GR Silver Mining of 296,710 common shares of Mako at a deemed price of $2.1007 per share (US$460,000; C$623,300).

Equinox Gold Corp. announces that it has agreed with the existing noteholders to amend certain terms of the $139.7 million principal 5.00% convertible notes due April 12, 2024 and the $139.3 million principal 4.75% convertible notes due March 10, 2025.

Tony Makuch, CEO, commented: “Over the last year, our teams in Mexico and Canada have done an outstanding job advancing Cordero. Following the release of the Pre-Feasibility Study in January 2023, we progressed into full feasibility advancing engineering and design work which further de-risked the Project, drilling over 30,000 metres with the results clearly demonstrating the potential to grow resources and reserves, and completing impact assessment and social baseline studies leading to the submission of our Environmental Impact Statement in August.

Kootenay Silver Inc. is pleased to announce that it has obtained a receipt for a final short form base shelf prospectus with the securities regulators in each province and territory of Canada.

Fresnillo plc announces that Ms Bárbara Garza Lagüera, who has served on the Board for more than 10 years, has advised the Board of Directors of the Company that she intends to stand down from the Board at the 2024 Annual General Meeting of the Company, which will be held on Tuesday 21 May 2024.

“The 2024 Technical Report reaffirms Juanicipio as a generational and premier silver mining asset. Bringing Juanicipio online in 2023 was the culmination of a series of successes since the discovery of Valdecañas in 2005. With the Report reflecting the mine’s startup phase, our focus now shifts to optimizing operations as Juanicipio enters steady-state. We are strategically positioned for sustained success with a robust production profile, compelling economics and significant exploration potential.”