Category: Investor’s Corner

Southern Silver Exploration Corp. reports that the Company has received approval from the TSX.Venture Exchange for a 30-day extension to close the previously announced non-brokered private placement, consisting of up to 10,000,000 units at a price of $0.22 per Unit for gross proceeds of $2,200,000.

Aztec Minerals Corp. issued a shareholder update on January 7, 2025, reviewing 2024: raised C$3.68M, increased Tombstone JV stake to 77.7%, advanced modeling/sampling/drilling at Tombstone and Cervantes (e.g., 137m @ 1.49 gpt Au). 2025 outlook: Q1 Tombstone assays, Cervantes exploration, potential further drilling, seek new Americas projects.

Luca Mining Corp. is pleased to announce that it, along with an arm’s-length third-party corporation, Jaluca Limited have reached an agreement with Urion Holdings (Malta) Limited (“Urion”, a wholly owned subsidiary of Trafigura Mexico S.A. de C.V.) to repurchase 100% of Luca’s US$5.8 million convertible debenture held by Urion.

A month after a federal court declared the Mexican steelmakeer Altos Hornos de Mexico (AHMSA) bankrupt due to insolvency the trustee has begun the valuation of the steelmaker’s assets for sale at public auction, the company reported.

GR Silver Mining Ltd. announces that the Company has granted Deferred Share Units to eligible persons in accordance with the Omnibus Long-Term Incentive Plan approved by the Board on August 2, 2022 and approved by shareholders at the Company’s Annual General Meeting held on November 12, 2024, and subject to the policies of the TSX Venture Exchange.

Silver Tiger Metals Inc. released its 2024 summary and 2025 outlook on January 3, 2025: Key 2024 achievements include PFS for open pit (US$222M NPV, 40% IRR), updated MRE (200 Moz AgEq), and underground drilling start. 2025 plans: Complete 5,000m underground drilling, deliver underground PEA in H1, secure financing, and advance to construction decision.

Commenting on these announcements today, Mr. Gary C. Evans, Chairman & CEO stated, “We believe the quantities of antimony ore from this second international party will increase significantly over the ensuing months.”

Inomin Mines Inc. announces that it has closed the first tranche of its non-brokered private placement announced on November 7, 2024. Under the First Tranche, the Company issued 2,000,000 flow-through units at a price of $0.05 per FT Unit for gross proceeds of $100,000.

First Majestic Silver Corp. announces that Gatos Silver, Inc. has advised the Company that it has amended and restated its agreements with Dowa Metals & Mining Co., Ltd. regarding the Los Gatos Joint Venture.

Commenting on this new agreement and the plans to restart the Madero smelter, Mr. Gary C. Evans, Chairman & CEO stated, “Our team has been tirelessly sourcing these new inbound antimony supplies for over 120 days now. It has not been an easy task testing samples, negotiating contracts, and finalizing logistics with entities located outside the USA.”