Equinox Gold Corp. announces that it has entered into an agreement with BMO Capital Markets, on behalf of itself and the other initial purchasers pursuant to which the Initial Purchasers have agreed to buy, on a bought deal basis, 4.75% unsecured convertible senior notes due 2028 in an aggregate principal amount of $150 million.
Ms. Shane brings decades of experience in capital markets, corporate development and investor relations to Luca following a career spanning nearly 30 years at the highly successful Lundin Group of Companies.
Volcanic Gold Mines Inc. and Radius Gold Inc. are pleased to announce that they have modified the Option Agreement signed in 2020 to include the Motagua Norte project in exchange for the Banderas project. The work that the Volcanic team has completed to date has demonstrated that Motagua Norte is a high grade orogenic gold system with compelling drill targets.
The report is entitled “Preliminary Economic Assessment Update NI 43-101 Technical Report of the Velardeña Project” with an issue date of August 18, 2023.
Richard C. Adkerson, Chairman of the Board and Chief Executive Officer said: “Copper’s essential role in current and emerging clean energy technologies is critical to global decarbonization. FCX is making a positive impact on the global energy transition by executing on our own climate strategy and delivering the responsibly produced copper necessary to support a net zero future.”
“The decision to open our own mint was made to ensure our bullion store has adequate supplies in order to fulfill customers demand,” stated Keith Neumeyer, President & CEO. “Last year, we sold over 440,000 ounces of silver bullion, generating over $11 million in revenue.”
Duane Poliquin, Chair of Almaden, stated, “We filed this complaint with the Federal Administrative Court back in March and despite the long delay we are encouraged that we may finally have the opportunity to explain why we believe the Economia Submission is a seriously flawed document.”
Bear Creek Mining Corporation announces that it is providing an update regarding the convertible promissory note intended to be issued to defer a US$25 million current liability originally payable to a wholly-owned subsidiary of Equinox Gold Corp. and is issuing an amendment to its management information circular dated August 9, 2023.
Greg McKenzie, President & CEO of Golden Tag said “We are initiating the name change to better reflect the Company’s strategic goal to become a Latin American focused silver producer. The Company’s recently completed acquisition of the La Parrilla Silver Mine Complex located in Durango, Mexico, is the first step in this process. With the potential of La Parrilla, management sees great opportunities to build shareholder value driven by a highly focused silver company successfully branded and marketed as ‘Silver Storm’.”
“We are thrilled to have Mr. Rehman join the Monumental Board. His experience and expertise in capital markets and management adds significant depth to the company. We look forward to the knowledge and guidance that Mr. Rehman brings in defining our strategy and future of Monumental Minerals.”
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