Matt Fargey, CFO of Maverix, commented, “We would like to thank our lenders for their continued support and confidence in our business. The increase and extension of our revolving credit facility will provide us with more capital to pursue accretive acquisitions of precious metals royalties and streams.”
The proceeds from the private placement will be used for exploration of the Company’s mineral projects and general working capital.
El sector de minería lideró la actividad de fusiones y adquisiciones en México con 25 transacciones anunciadas, representando 20.5% del total de transacciones en el período, de acuerdo con la Camimex.
Mike Struthers, CEO, commented: “We are very pleased to announce this placing which allows us now to push forward with an ambitious exploration program at our flagship asset, the Caballo Blanco district in Veracruz. This highly prospective epithermal-porphyry mineralised district has potential to become a significant mining camp and we’re very excited to start generating drill results to demonstrate that potential.”
Agnico Eagle Mines Limited announced today that it has agreed to subscribe for 13,333,333 units of Candelaria Mining Corp. in a non-brokered private placement at a price of $0.45 per Unit for total consideration of approximately $6,000,000.
The funds will be used towards the continued construction of the Company’s Las Chispas Project located in Sonora, Mexico. At the end of H1, 2021, Las Chispas construction progress was at 33% compared to a scheduled completion of 28% and the Company anticipates reaching approximately 80% completion of construction by the end of 2021.
Recientemente en una reunión celebrada en Palacio Municipal, la empresa “BYLSA DRILLING”, efectuó la entrega de pruebas para diagnóstico de Covid que se manejarán en Hospital Comunitario de Álamos, mismas que fueron entregadas por parte de Lic, José Luis Valdez Solano y Lic, Lupita Valdez Valenzuela, representantes de la organización quienes efectuaron el donativo que tienen como objetivo beneficiar a la ciudadanía.
Jorge A. Ganoza, President and CEO, commented, “The announced changes in Management are aligned with the organizational demands of our growing business in Latin America and the integration of Roxgold in West Africa.”
Empress Royalty Corp. is pleased to announce that it has entered into an agreement with Accendo Banco, S.A., Institución de Banca Múltiple for the provision of a secured medium-term bridge loan facility the in the amount of US$5.2 million.
“A key strategic priority for Torex over the last 12 months has been to optimize and extend mining operations at ELG. With the recent approval of the El Limón pushback and ongoing contribution from the ELG Underground, Torex is well on the path to delivering a smooth transition between ELG and the ramp up of Media Luna.”
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