Category: Investor’s Corner

Aloro Announces Debt Settlement

Aloro Mining Corp. announces that it intends to settle debt in the amount of $102,750 owed by the Company to various insiders of the Company by the issuance of 1,027,500 common shares of the Company at a deemed price of $0.10 per Share.

First Majestic Completes US$230 Million Convertible Senior Notes Offering

The Company will use a portion of the proceeds of the Offering to complete the repurchase, in separate privately negotiated transactions, of approximately US$125.2 million aggregate principal amount of its outstanding 1.875% convertible senior notes for payment of approximately US$164.9 million. The Company intends to use the remainder of the net proceeds from the Offering for general corporate purposes, including strategic opportunities.

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