Category: Investor’s Corner

Lodestar Battery Metals Corp. is pleased to announce it closed its previously announced non-brokered flow-through private placement financing by issuing 4,000,000 units at a price of $0.10 per Unit for total proceeds of $400,000.

The portfolio being sold consists of three royalties and one silver stream, all of which are on assets not owned by Alamos. This includes a silver stream on the Esperanza project in Morelos, Mexico which was sold in April 2022, and royalties on the Fenn Gib South, Ronda, and Northshore West exploration stage projects located in Ontario, Canada.

Guanajuato Silver Company Ltd. is pleased to announce that it has closed the first tranche of its non-brokered Listed Issuer Financing Exemption private placement of up to 17,647,059 units at a price of C$0.425 per Unit for maximum gross proceeds of C$7.5 million.

“As we look forwards towards 2023 and the opportunity for value creation at Los Ricos, it cannot be understated what great position the Company is in with such a strong balance sheet. That, and the effects an increasing commodity price will have on Parral cash flows will allow us to fully take advantage of the opportunities that Los Ricos presents,” said Brad Langille, President and CEO.

Metalla Royalty & Streaming Ltd. is pleased to announce that, further to its news release dated November 28, 2022, it has closed the acquisition of a portfolio of eight royalties in Mexico from First Majestic Silver for 4,168,056 of common shares of Metalla at a price of US$4.7984 (representing the 25-day VWAP on the NYSE American at signing).

First Majestic Silver Corp.is pleased to announce that it has closed its previously announced transaction to sell a portfolio of royalty interests to Metalla Royalty & Streaming Ltd. following the receipt of approval from the TSX Venture Exchange as well as the completion of other customary closing conditions. In consideration of the sale, First Majestic received 4,168,056 shares of Metalla at a deemed price of $4.7984 per share for an approximate value of US$20.0 million.

Silver Viper Minerals Corp. has entered into an agreement to amend the non-binding letter of intent dated November 6, 2022 with Canasil Resources Inc. with respect to the proposed acquisition by the Company of all of the issued and outstanding shares of Canasil in exchange for common shares of Silver Viper, pursuant to which the parties have extended the outside date to enter into a definitive agreement in respect of the Proposed Transaction from December 20, 2022 until January 31, 2023.

Alamos Gold Inc. today announced that it has filed with and received acceptance from the Toronto Stock Exchange for a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 34,670,378 Class A Common Shares representing 10% of the Company’s public float of the Common Shares as of December 14, 2022, being 346,703,788 Common Shares.

“At Fortuna, we consider tailings management to be paramount to responsible mining and the adoption of GISTM allows us to refine our approach to safe tailings management and a way to ensure operational excellence.”

“The revised facility provides Gatos Silver with further financial flexibility as we continue to execute on our exploration and growth strategy to further maximize shareholder value, both within and beyond the Los Gatos district,” said Dale Andres, CEO of Gatos Silver.