“The signing of these 30-year agreements with the local community and its council members marks a significant milestone in the advancement of our Magistral project and demonstrates our long-term ambitions for this region,” commented Cameron Tymstra, Tarachi President & CEO.
“I am incredibly excited by the opportunity to lead Capstone Copper and help deliver on a truly transformational growth story. This company has the makings of becoming a Canadian-based copper champion driven by our long-life assets, our experienced management team, and our strong balance sheet”, said John MacKenzie.
Golden Minerals Company is pleased to report financial results and a business summary for the full fiscal year ending December 31, 2021.
The proceeds raised from the Financing will be used to satisfy the USD$5,000,000 cash consideration in connection with the acquisition of the Esperanza Gold Project from Alamos Gold Inc., begin advancing the Esperanza Gold Project towards production, fund the ongoing drill program at the Company’s existing silver project and for general working capital purposes.
The Company plans to use the net proceeds of the Offering to pay the US$35 million cash consideration payable to SSR Mining Inc. on completion of the Company’s acquisition of the Pitarrilla project in Durango State, Mexico and for the Company’s general corporate purposes and working capital.
Golden Minerals Company announces that a Technical Report has been completed for each of its Rodeo open pit gold-silver mine and its Velardeña Properties, both located in Durango State, Mexico.
Mr. Davila previously joined the Advisory Board of GSilver in February 2021, and subsequently became a full member of the Board of Directors on May 12, 2021. In his new role as President, Mr. Davila will spearhead the Company’s plan to transform GSilver into a significant Mexican precious metals producer.
Oroco Resource Corp. is pleased to announce that it has closed the first tranche of the previously announced non-brokered private placement, issuing 8,054,885 units at a price of $1.70 per unit, for gross proceeds of $13,693,303.90
Tocvan Ventures Corp. is pleased to announce that it has closed its previously announced non-brokered private placement of units for gross proceeds of $360,803.
Coeur Mining, Inc. today announced that it has closed the sale of its La Preciosa silver project, which is located in the State of Durango, Mexico, to Avino Silver & Gold Mines Ltd.
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