Category: Investor’s Corner

Auxico Resources Canada Inc. announces the resignation of Melissa Sanderson and Byron King from the Board of Directors of Auxico, effective immediately.

Orex Chairman Adam Cegielski notes: Both John Eren and Chris Beltgens bring a wealth of strategic proficiency and leadership acumen to Orex. John has had tremendous success with junior resource companies, raising significant capital and directing very effective business development strategies. Chris brings significant corporate strategy and capital markets experience to the team. The Board looks forward to collaborating with them both to drive value for Orex shareholders.”

Vizsla Silver Corp. is pleased to announce that it has completed its previously announced bought deal public offering of 25,000,000 common shares of the Company at a price of C$2.60 per Common Share for aggregate gross proceeds of C$65,000,000.

James Anderson, Chairman and CEO, said, “Our rapid transition to producer status was made possible by OCIM; they provided the initial financing for our acquisition of the El Cubo mine and milling facility. In OCIM, we have been very fortunate to have had a funding partner steadfast in their support of our goals and strategic initiatives during the early days of the Company’s emergence into a significant producer of silver and gold in Mexico.”

“The ruling today validates our position that Mexico’s environmental agency SEMARNAT wrongfully denied our environmental permit, which received extensive input from external advisors and industry experts to determine an economically feasible and environmentally responsible development plan. The project remains strategically significant and commercially viable”

Vizsla Silver Corp. is pleased to announce that it has entered into an agreement with Canaccord Genuity as sole bookrunner, on behalf of itself and syndicate of underwriters pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 25,000,000 common shares at a price of $2.60 per Common Share, for gross proceeds of approximately $65,000,000.

“The addition of Magino has enhanced our already strong growth profile, and its integration with Island Gold is expected to drive significant synergies and open up longer-term opportunities. Our near-term rate of production has increased by more than 20%.”

As previously disclosed, due to certain complexities associated with the acquisition of the La Parrilla assets, the accounting and audit process remains ongoing at this time. The BCSC has given the Company until September 27, 2024 to complete its Annual Filings, which the Company anticipates being in a position to meet.

Further to its news release dated September 6, 2024, Luca Mining Corp. is pleased to announce that Stifel as lead agent on behalf of a syndicate of agents including Haywood Securities Inc., Ventum Financial Corp., BMO Capital Markets and Canaccord Genuity Inc., has advised the Company that the brokered “best-efforts” private placement pursuant to the “listed issuer financing exemption” under Part 5A of NI 45-106 – Prospectus Exemptions of up to 19,000,000 units of the Company has been fully subscribed.

Ranchero Gold Corp. is pleased to announce that further to its press release of August 21, 2024 the Company has closed the sale of its wholly-owned subsidiary Minera y Metalurgia Paika, S.A. de C.V. to an arm’s length party purchaser.