Category: Investor’s Corner

“In the third quarter of 2022, the Company posted the best safety performance in its 65 year history and delivered solid operational results. With a strong first nine months of the year, the Company is tracking well to deliver on its production and cost guidance in 2022,” said Ammar Al-Joundi, Agnico Eagle’s President and Chief Executive Officer.

“We had a solid third quarter overall, including our highest production in nearly two years. Our operations performed well with production near the top end of quarterly guidance and representing a 19% increase from the second quarter.”

“As we look forward to the commencement of milling operations, Juanicipio continued to demonstrate strong operating performance this quarter with milling at Fresnillo’s processing facilities increasing to over 180,000 tonnes and production of 2.6 million silver ounces bringing year to date silver production to just under 7.4 million ounces.”

“We have delivered a solid quarter of production, with continued improvement in volumes at both Fresnillo and Saucito particular positives, albeit this was partially offset with the lower ore throughput and expected grade variability at San Julián Disseminated Ore Body.”

“The private placement is a fundamental step in the growth of Empress’ vision and business strategy, and we welcome Rick Rule as a long-term strategic investor,” stated Alexandra Woodyer Sherron, CEO and President of Empress Royalty.

Canasil Resources Inc. announces closing on October 24, 2022, of a first tranche of the previously announced non-brokered private placement covering 3,082,741 units at a price of $0.055 per Unit for total gross proceeds of up to $169,550.

Luis Marchese, CEO of Sierra Metals, commented,“The tragic mudslide event that took place at the Yauricocha Mine last month has been extremely difficult for all of us at Sierra Metals. Safety for everyone remains our highest priority. As such, mining operations have re-commenced at a portion of the Yauricocha Mine, while a very thorough safety assurance process continues before restarting operations in the remaining areas.”

Kootenay Silver Inc. announces that it has amended certain terms of its best-efforts private placement offering, that was previously announced on October 18, 2022. Pursuant to the amended terms, the Offering of units of the Company will be conducted at a price of $0.09 per Unit for gross proceeds of up to $4,000,000.

“As we continue to grow our silver production profile both through the optimization of our existing operations and through further mine acquisitions, we will also look to grow our shareholder base in the United Kingdom through the facilities of the Aquis Exchange.”

Barksdale Resources Corp. would like to clarify today’s market halt, which was due to an inaccurate bulletin published by the TSX Venture Exchange.