Riverside’s President and CEO, John-Mark Staude, stated: “This transaction adds another quality NSR to our growing royalty portfolio and brings our cash position to more than C$8,000,000, which puts us in a great position to grow our business during 2023-2024.”
Akiba Leisman, Chief Executive Officer, states that “Q3 2022 was the fifth full quarter of financial results since declaring commercial production at San Albino.”
“I am extremely pleased that the Court determined that the plaintiff’s action could not proceed and that the Company can move forward to focus on value creation from our large silver-rich resource base,” stated Americas President and CEO Darren Blasutti. “In addition, with new collective bargaining agreements for unionized workers at the Galena Complex and Cosalá, the operations should benefit from stable operations during a period of forecasted production growth.”
Garibaldi Resources Corp. has arranged a non-brokered private placement of up to 10 million flow-through units at a price of 30 cents per flow-through unit for gross proceeds of up to $3-million and four million non-flow-through units at a price of 25 cents per unit for gross proceeds of up to $1-million.
“We continue to achieve quarterly increases measured both in tonnage mined, and precious metals produced, which reflects the efficacy of our ramp-up programs at our four producing silver mines,” said James Anderson, Chairman and CEO of Guanajuato Silver.
Ranchero Gold Corp. is pleased to announce the closing of its draw-down facility with American PT Metals LLC.
SilverCrest Metals Inc. is pleased to announce that it has refinanced its US$120 million secured project financing facility, of which only US$90 million was drawn, with a new US$120 million senior secured credit facility through a syndicate of lenders comprised of The Bank of Nova Scotia and Bank of Montreal.
Eric Caba, President & COO, states that “Bear Creek anticipates Q4 2022 production of 12,500 to 13,500 ounces of gold. Recent underground definition drilling at Marianas is encouraging with intercepts of 3.5 meters at 5.8 g/t Au and 3.6 meters at 13.1 g/t Au in hole UG-MR22-107 which will contribute to production in the near future at significantly higher mining grades than the current model.”
Orogen CEO Paddy Nicol further commented, “The development of Orogen’s flagship royalties has been impressive over the past nine months. Production at the Ermitaño Mine has exceeded our expectations in both tonnage and grade, and capital investment by First Majestic signals a long-term strategy in the area.”
“Our new look and feel are a result of an inside-out transformation that has taken place at Lodestar,” said Lowell Kamin, CEO and Director of Lodestar.
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