Category: Investor’s Corner

Inomin Closes First Tranche of Private Placement Financing

Proceeds from the flow-through will be used for, among other things, exploration at Inomin’s Beaver Nickel property located in the Cariboo region of British Columbia. Approximately 1,200 metres of diamond drilling is planned to test for nickel mineralization within a 5 – 6 kilometre-long area.

Bacanora Lithium – Update on Orr-Ewing Royalty Dispute

Bacanora Lithium plc, a lithium development company, provides an update on the litigation with the Estate of Colin Orr-Ewing in regard to its challenge to the validity of the lithium royalty over the Sonora Lithium Project.

Continued Positive Developments at Mexus’ Santa Elena Mine

Mexus Gold US confirmed that the activated carbon system at its Santa Elena mine located in Caborca, MX is working as planned and is currently producing gold. Mexus is enlarging the heap leach pad and has purchased the liner and seaming equipment to complete the job.

Nomad Royalty Company to List on the NYSE

Nomad’s Chief Executive Officer, Vincent Metcalfe, commented: “Listing on the NYSE represents a significant milestone in the growth of the Company. The listing will materially increase Nomad’s exposure to a larger and more diverse group of institutional and retail investors as we continue to grow our portfolio of precious metals royalties and streams.”

Golden Minerals Announces Pending CFO Retirement

Warren Rehn, President and Chief Executive Officer of the Company, commented, “We wish Bob all the best on his pending retirement from a distinguished nearly 40-year mining industry career as a finance and accounting professional, including 12 years with Golden Minerals.”

Kootenay Silver Announces Spin-Out of Canadian Assets

James McDonald, Kootenay’s President and CEO stated, “We believe the spin-out of the Canadian Assets will be very beneficial to shareholders. Among other benefits, it will unlock the value of the Canadian Assets by allowing it to be developed separately, by a skilled and experienced management team, and it will allow our shareholders to own shares in two companies.”

Vizsla Provides Update on Progress at Panuco and Outlines Key Objectives

Vizsla President and CEO, Michael Konnert, commented: “Although we’re eager to resume drilling, the health and safety of our employees and our communities is paramount. While drilling activities have been suspended, our technical team has used this unplanned downtime to refine our geologic model, identify critical path milestones and improve targeting strategies for the remainder of the year.”

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