Great Panther Mining Limited announces that the British Columbia Securities Commission has issued a general “failure to file” cease trade order pursuant to National Policy 11-207 – Failure to File Cease Trade Orders and Revocations in Multiple Jurisdictions dated November 18, 2022 in respect of the securities of the Company.
Almadex Minerals Ltd. is pleased to announce that earlier this month it commenced drilling on two projects: Davis/Paradise in Nevada and San Pedro in Mexico.
James Anderson, Chairman and CEO of Guanajuato Silver said, “Because we pay back OCIM in fixed amounts of silver and gold based on spot prices set at the time of funding, we have regularly taken advantage of dips in the spot market to purchase bullion; having accumulated enough silver and gold to cover five delivery payments, we are making this early repayment to OCIM, and in return, OCIM is compensating us further by providing a discount on the total number of precious metal ounces owed.”
“Our safety record and ongoing environmental performance demonstrates the Company’s commitment to responsibly and positively impacting the communities where we operate,” stated Michael Konnert, President and CEO.
Radius Gold Inc. is pleased to provide an update on the Company’s exploration activities in Mexico and other regions.
Fresnillo can confirm that the main substation that will provide power to the project has been inspected and approved for use. This is a key milestone as the new components of the substation are now fully connected to the grid and the main transformer for the project has been energised.
Equinox Gold Corp. announces that it has entered into an equity distribution agreement dated November 21, 2022 providing for an at-the-market equity offering program with BMO Capital Markets and National Bank Financial, and their respective affiliates.
Vizsla Silver Corp. is pleased to announce that it has completed its previously announced bought deal prospectus offering of 23,805,000 units of the Company at a price of C$1.45 per Unit for aggregate gross proceeds of C$34,517,250, which includes the exercise in full of the Underwriters’ over-allotment option for 3,105,000 Units.
“Recent setbacks at both the Yauricocha and Bolivar Mines have prevented us from achieving full production and our turnaround goals within the initially proposed timeline, leading to suspended 2022 operating guidance.”
“Since the Company is focusing a large amount of its resources to exploration in order to further define the deposit, this may result in a decrease in production from time to time,” clarified Robert Eadie. “This does not reflect the current status of the mine.”
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