Tarachi Gold Corp. is pleased to announce that, further to its news release dated May 3, 2023, it has closed the transaction with Compañia Minera de Atocha S.A. de C.V. for the sale of the Company’s Magistral Project.
McEwen Mining Inc. today reported that it has repaid $25 million of its senior secured debt payable to Sprott Resource Lending and Sprott is no longer a lender.
Prismo Metals is pleased to announce that Messrs. Alain Lambert and Martin Dupuis have been nominated by the Company to stand for election as new directors of the Company, in addition to current directors Craig Gibson, Jorge Rafael Gallardo Romero, and María Guadalupe Yeomans Otero, who will be standing for re-election.
Heliostar CEO, Charles Funk commented, “Reinstatement on the OTCQX was a priority upon completing the acquisition of the Ana Paula Gold project. The scale of the transaction required a trading halt on our primary Canadian exchange resulting in a subsequent pause on the company’s OTCQX status until today.”
Once again, the Company believes it has an obligation to its shareholders to correct false or misleading statements made by ARC.
The Company has been in the process of preparing required documentation in respect of the Proposed Transaction including a NI 43-101 Technical Report on the Mecatona Property. The Company is continuing to correspond with the TSX Venture Exchange regarding the Proposed Transaction and will provide further updates in due course.
Radius Gold Inc. is pleased to report that its previously announced proposed non-brokered private placement is over-subscribed, and accordingly has been increased to 11,259,983 units at a price of $0.175 per unit, for gross proceeds of $1,970,497.
Heliostar Metals Limited is pleased to announce new additions to its management team. Samuel Anderson has joined as Vice President of Exploration and Stewart Harris has joined as Exploration Manager.
The President of Mexico, Andres Manuel López Obrador (AMLO), from the outset of his six-year term, made it abundantly clear that his government will exercise greater control and intrusive state supervision over mining activities in Mexico.
The application for the MCTO was due to the expected delay in filing the Company’s audited financial statements for the financial year ended December 31, 2022, and the management’s discussion and analysis and related Chief Executive Officer and Chief Financial Officer certificates for this period before the May 1, 2023, filing deadline.
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