Mike Struthers, CEO, commented: “Mr. Gomez represents a significant shareholding in Candelaria, and brings a wealth of experience in the Mexican mining sector which will be highly valuable to the Company in the future.”
Azucar Minerals Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to directors, officers, employees, and consultants of the Company to purchase 380,000 common shares in the capital of the Company at an exercise price of $0.06 per share which expire on December 17, 2027.
Fabled Silver Gold Corp. wishes to announce that it has further amended the payment schedule under its option agreement with Golden Minerals Company with respect to the Santa Maria Project.
Goldgroup Mining Inc. is pleased to announce a non-brokered private placement of up to 5,700,000 common shares of the Company at a price of $0.10 per common share for aggregate gross proceeds of up to $570,000.
Oroco Resource Corp. announces that its shareholders have approved the Company’s amended 10% rolling stock option plan at its Annual General Meeting of Shareholders held on December 16, 2022.
Lodestar Battery Metals Corp. is pleased to announce a non-brokered flow-through private placement financing of 4,000,000 units at a price of $0.10 per Unit for total proceeds of $400,000.
Pursuant to the Definitive Agreement, the Company will make a strategic investment with a right of first refusal to purchase the Palos Verdes project from Prismo, and acquire 4,000,000 units of Prismo, for aggregate consideration of C$2,000,000.
Great Panther Mining Limited made a voluntary assignment into bankruptcy under the Bankruptcy and Insolvency Act (Canada) following the Supreme Court of British Columbia granting an order terminating of its proceedings under Companies’ Creditors Arrangement Act (Canada).
Wealth Minerals Ltd. has arranged a non-brokered private placement offering of up to 2,631,579 units in the capital of the Company at a subscription price of $0.38 per Unit for gross proceeds of up to $1,000,000, each Unit consists of one common share and one common share purchase warrant, each Warrant entitles the holder thereof to purchase one common share in the capital of the Company at an exercise price of $0.48 per Warrant Share for a period of 24 months.
“The reduced production and lower metal prices have affected our results this quarter; however, we still maintain a healthy cash reserve of over $8.8million,” reported Robert Eadie, CEO of the Company.
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