Category: Investor’s Corner

Silver Spruce Receives TSXV Conditional Approval of Debt Settlement

Silver Spruce Resources received conditional TSX Venture Exchange approval to settle $20,000 in debt by issuing 210,526 shares at a deemed price of $0.095 each. The settlement remains subject to final exchange approval; the shares will carry a four-month hold period.

Silver Dollar Resources Proposes Warrant Expiry Extension

Silver Dollar Resources proposes extending the expiry of 3,022,600 warrants by one year, to October 29, 2027. The $0.40 exercise price would remain unchanged. The extension requires applicable CSE acceptance and agreement from each eligible holder; warrants held by those who do not meet the conditions would expire as originally scheduled.

Aztec Minerals Announces Closing of Upsized C$6.4 Million Bought Deal Private Placement Including Concurrent Exercise of Underwriter’s Option

Aztec Minerals closed an upsized C$6.4 million bought deal private placement, selling 20.01 million units at C$0.32 each. The total includes full exercise of the underwriter’s option. Aztec plans to use the proceeds for exploration at its Tombstone project in Arizona and Cervantes gold-copper project in Sonora, and for working capital.

Endeavour Silver Reports Temporary Reduced Capacity at its Guanacevi Mine

Endeavour Silver has taken the primary ball mill at its Guanaceví mine offline for repairs expected to take about three weeks. During that period, processing capacity will fall from approximately 1,100 to 600 tonnes per day. Mining will continue uninterrupted, and replacement parts are already on site.

Apollo Silver Clarifies Media Reports Regarding Ejido Benito Juárez Assembly

Apollo Silver disputes reports that Ejido Benito Juárez voted to reaffirm its 2012 mining moratorium. The company says the September 20 assembly was adjourned for lack of quorum, leaving the proposed lifting of the moratorium and access agreement for its Cinco de Mayo project undecided. Apollo expects the ejido to reconvene, likely in October.

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