Category: Investor’s Corner

Magna Gold Corp. deeply regrets to report a fatal accident involving three employees at its San Francisco Mine on February 15, 2022.

“Con profundo pesar la empresa minera Magna Gold Corp informa del accidente ocurrido este 15 de febrero de 2022 en mina San Francisco y manifiesta su solidaridad con las familias de sus colaboradores David Gerardo Márquez Granillo, Leonel Ozuna Celaya y Roberto Corrales Armenta, quienes desafortunadamente perdieron la vida”, anunció la empresa minera.

“Initial production of Ermitaño has gone exceptionally well and we look forward to the ramp-up of full-scale production in 2022,” commented Orogen CEO Paddy Nicol.

“Our investments in optimization and expansion over the past two years have allowed us to take advantage of robust copper prices, positioning us now with a large net cash balance sheet ahead of a period of transformational growth.”

Upon completion of the Transaction, the new company will be named Capstone Copper Corp.

“The key properties which we sold are primarily porphyry copper targets, one of which is drill ready. Our stakeholders will now have significant exposure to copper exploration, with no direct costs to Sun Summit. Exploration will be carried out by an experienced Green Earth management team, who we know well.”

The Company intends to use the net proceeds of the offering for continued exploration and development activities at the Company’s Magino project and for general corporate purposes.

Kootenay Silver Inc. announces that, due to strong investor demand, it has agreed with Research Capital Corporation, as sole agent and sole bookrunner, to further increase the size of the previously announced best efforts private placement offering of units of the Company at a price of $0.16 per Unit for gross proceeds of up to $5,434,782.72.

Great Panther Mining Limite, a growth-oriented precious metals producer focused on the Americas, reports the filing of the “NI 43-101 Technical Report on the Topia Mine Mineral Resource Estimates as of March 31, 2021”.

The Company will now focus on completing the Acquisition and satisfying all of the TSXV conditions for final approval, which the Company estimates will be within the next two weeks.