“Sustainability in the mining industry is inseparable from our business strategy. Living up to this commitment begins with our people and is reflected in our meaningful relationships with Indigenous nations, community members, and other groups.”
Santacruz Silver Mining Ltd. is pleased to announce the appointment of Mr. Wayne Corso to the role of Chief Operating Officer. Mr. Corso holds a B.Sc., Mining Engineering, from the Colorado School of Mines at Golden Colorado, has over 35 years of experience in the industry and will be responsible for overseeing all operational functions of the Company’s mines and exploration projects.
The price per Unit of the Offering has been reduced from $0.02 per Unit to $0.015 per Unit. As it remains the Company’s intention to raise $150,000, the number of Units offered has increased from 7,500,000 to 10,000,000 accordingly.
“As we look forward to the final tie-in to the electrical grid at Juanicipio, Q2 continued the trend of strong operational performance with record toll milling through the Saucito and Fresnillo operations and robust cash generation. The project operator Fresnillo reports final tie-in to the power grid is expected in the coming weeks and target ramp-up to 85-90% of nameplate capacity by year end remains within reach.” said George Paspalas, MAG’s President and CEO.
Nomad Royalty Company Ltd. is pleased to announce that the acquisition of the Company by Sandstorm Gold Ltd. by way of a court approved plan of arrangement in accordance with the Canada Business Corporations Act was completed earlier today.
The production was very similar to the previous quarter (2022 – Q4) that confirmed the stability of the mine production and reflects the intensive exploration carried out this year.
Proceeds received from the Private Placement will be used for the development of the Company’s Moyie Anticline Project, other resource properties (eligible for “Canadian exploration expenses, which are flow-through mining expenditures) and general working capital requirements including becoming a publicly listed company on a Canadian Stock Exchange before the end of 2022.
Excellon Resources Inc. is pleased to report that shareholders voted in favour of all items of business at the Company’s 2022 Annual General and Special Meeting held on August 12, 2022.
Nomad Royalty Company Ltd. is pleased to announce that the Superior Court of Québec has issued a final order approving the previously announced acquisition of the Company by Sandstorm Gold Ltd. by way of a plan of arrangement in accordance with the Canada Business Corporations Act.
“We are generally pleased with the progress made in the first half of 2022 where we focused on the Cosalá Operations ramp-up, the refurbishment and installation of the new hoist at the Galena Complex and improving the overall financial position of the Company,” stated Americas Gold and Silver President & CEO Darren Blasutti.
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