Chairman & CEO, James Anderson said, “Ocean Partners has consistently demonstrated their resolute support for Guanajuato Silver and our vision to build the next mid-tier silver producer in Mexico. This debt facility will strengthen our balance sheet and provide us with additional flexibility as we continue to ramp up precious metals production at our four producing mines.”
Argonaut Gold Inc. announces that Larry Radford will step down as President and Chief Executive Officer effective immediately for personal health reasons. The Board of Directors has appointed Richard Young as President and CEO and Director of the Board of the Company.
First Majestic Silver Corp. is pleased to announce that it has entered into an Asset Purchase Agreement dated December 7, 2022 to sell its 100% owned past producing La Parrilla Silver Mine located in the state of Durango, Mexico to Golden Tag Resources Ltd. for total consideration of up to US$33.5 million.
Equinox Gold Corp. announces that it has sold an aggregate 11,000,000 common shares of Solaris Resources Inc. in the ordinary course for investment purposes through the facilities of the Toronto Stock Exchange through block trades for aggregate gross proceeds of C$70.4 million.
“Argonaut’s focus at this time is our cornerstone asset, the Magino mine in Ontario Canada that will transform the Company to a low-cost, intermediate producer. This agreement allows Argonaut to potentially unlock value in two non-core Mexican assets and provides Argonaut with a very attractive upside for its shareholders,” said Larry Radford, President and CEO of Argonaut Gold.
Heliostar CEO, Charles Funk, commented, “The acquisition of this portfolio transforms Heliostar into a mine development company. This is a significant milestone towards our ultimate transformation into a high-margin gold mining company.”
Prismo Metals Inc. is pleased to announce that the private placement announced earlier today of up to 5,800,000 units at a price of $0.52 per Unit, for maximum aggregate gross proceeds of up to $3,016,000 has been fully allocated.
Prime Mining Corp. is pleased to announce that in connection with its previously announced bought deal private placement, the Company and Desjardins Capital Markets, acting as sole bookrunner and co-lead, on behalf of a syndicate of underwriters co-led by Desjardins Capital Markets and TD Securities Inc. have agreed to increase the size of the previously announced offering from $16,500,000 to $18,300,000.
Kootenay Silver Inc. is excited to announce the appointment of Mr. Dale Brittliffe, P.Geo, to the position of VP Exploration.
“We have always viewed El Creston as an extremely valuable asset, given that it is a copper-moly project,” said Robert Eadie, Starcore’s CEO. “We are happy that the report has been updated and we are now able to advance the project and share SRK Consulting’s findings with our shareholders.”
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