Tarachi Gold Corp. is pleased to announce a non-brokered private placement of up to 3,333,333 common shares at a price of $0.15 per Share to raise gross proceeds of up to $500,000.
“Parral in 2021 proved to be a very stable operation, producing 2.3 million silver equivalent ounces similar to the prior year, and generated in excess of $US 22 million in free cash flow over the year,” said Brad Langille, President and CEO. “We believe that the reinvestment of this free cash flow into the Los Ricos project is generating exceptional value growth for our shareholders.”
Allen Palmiere, President and Chief Executive Officer of GRC, said: “This Transaction offers an attractive opportunity to the shareholders of Aquila and GRC to develop the Back Forty Project using GRC’s strong balance sheet and cash flows.”
Managing Director, Matthew O’Kane commented, “I’m pleased to announce that Comet has adopted a universal ESG framework to measure and report our ESG performance. This will ensure ESG is at the forefront of our decision making moving forward as we execute our exploration programs on our portfolio of projects.”
Carlos Silva, Chief Executive Officer commented; “We have diligently tried to make the Rosario mine a profitable operation, but due to its narrow vein system and grade variability this is a challenging project.”
Almaden Minerals Ltd. reports that it has resumed drilling activities at Ixtaca and takes this opportunity to report further on recent Covid-19 cases and the Company’s related protocols.
Inomin Mines Inc. reports that, subject to the approval of the TSX Venture Exchange, 1,300,000 stock options have been granted under the Company’s stock option plan to certain officers, directors, and an advisor of the Company.
Silver Spruce Resources Inc. announced today that it has closed its private placement for proceeds of $1,205,800.
Mexican Gold Mining Corp. is pleased to announce that it has appointed Jack Campbell as President, CEO, and Director of the Company. Mr. Campbell is a Professional Engineer and holds a BSc from the University of Maryland.
The Company has learned that the Mexican National Banking and Securities Commission (CNBV) notified Accendo Banco, S.A. (Accendo Banco) of the revocation of its authorization to organize and operate as a multiple banking institution due to below the regulatory minimum levels of liquidity coverage ratio of the institution.
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