Silver Viper Minerals Corp. is pleased to announce that it has closed the first tranche of its $2 million private placement announced on December 18, 2023, issuing 5,324,000 units of the Company at a price of $0.10 per Unit for aggregate gross proceeds of $532,400.
Despite these challenges, Mexico continues to have fundamental competitive advantages that make its mining industry attractive, including its vast mineral reserves, low operating costs, and an open business environment. These are keeping Mexico an attractive investment opportunity for foreign mining.
“We are thrilled to have Tom join our Board,” said Peter Barnes, Chair of the Board. “Tom brings with him over 30 years of industry knowledge and leadership and has extensive experience in all aspects and stages of the global mining business, specializing in exploration geology.”
Pursuant to an agreement entered into with Orford Resources Inc. on August 24, 2020, VVC acquired Orford’s share of the Kaity Property in Mexico. VVC is now the sole beneficial owner of the Property which is held in its Mexican subsidiary. The Property is the host of the Gloria Copper Project.
Net proceeds of the Private Placement will be used towards further advancing the optimization program at Campo Morado as well as for general working capital purposes.
The Company announces that further to its press release of December 8, 2023, it has now issued an aggregate of 1,343,891 common shares at a deemed price of $0.075 per share to settle aggregate debt of $100,792 outstanding as at October 31, 2023.
Orex Minerals Inc. is pleased to announce that it has closed the first tranche of its $1 million private placement announced on November 28, 2023 issuing 1,225,000 units of the Company at a price of $0.15 per Unit for aggregate gross proceeds of $183,750.
At the Meeting, the Company’s shareholders re-elected all of the Company’s current board of directors, Arturo Prestamo Elizondo, Federico Villasenor, Roland Lohner, Larry Okada and Barry Girling, and approved the appointment of the Company’s auditor, Deloitte LLP.
Canuc Resources Corporation is pleased to announce the closing of a non-brokered private placement financing, raising gross proceeds of $2,000,000 CAD through the issuance of 25,000,000 Units at $0.08 per Unit.
A dozen immigrants from Mexico and their families will be coming to Kirkland Lake in 2024 as part of an Agnico Eagle pilot project.
Mexico Mining Center © 2021 / All Rights Reserved
