Category: Investor’s Corner

“We are extremely pleased to provide shareholders and investors this important and exciting news of achieving a negotiated US$26 million debt restructuring” states Ralph Shearing, CEO, “Within several weeks we anticipate closing the last step in our company’s recently announced Accendo Syndicate funding plan to provide Altaley a fully funded solution to complete the ongoing construction of its flagship Tahuehueto gold mine.”

Goldgroup Mining Inc. announces that—further to its legal update provided on April 20, 2021, where the Company announced the Tenth Circuit Court of Appeals affirmed the May 9, 2019 order and judgment from United States District Court for the District of Colorado, which confirmed the arbitration award the Company received on August 14, 2016 pursuant to an arbitration held in Denver, Colorado, commencing in March 2014—the Company has received the USD $1.1 million appeal bond funds posted by DynaResource Inc. in connection with its appeal to the Circuit Court.

Advance Gold Corp. is pleased to announce that it has applied to the TSX Venture Exchange to extend the expiry date on 3,082,000 share purchase warrants, issued pursuant to a Private Placement Financing in July 2019, by 1 year to July 9, 2022.

Paddy Nicol, Orogen’s President and CEO commented, “Orogen is proud to have met the qualifications for the OTCQX, the top tier of the OTC markets. Trading on the OTCQX enables the Company to enhance its visibility and liquidity with U.S. investors. Orogen looks forward to an exciting future with our organically generated royalty and property assets in the U.S., Canada, and Mexico.”

“I want to thank Luke for the past eight years for making our impact on the environment small but our contributions to communities large,” said Phillips S. Baker, Jr., President and CEO. “Rob will pick up the focus of our industry leading sustainability efforts to make them stronger and more transparent. Under Kurt’s direction our exploration projects are the most prospective in our history, and we anticipate new discoveries and expansion of existing ones. Finally, Mike has the unusual combination of years of experience with Hecla combined with working in different functions making him uniquely qualified as a senior leader of our business.”

Carlos Silva, CEO of Santacruz, stated; “We are extremely saddened by this tragic accident and extend our deepest condolences to the family, friends and colleagues of the deceased.” Mr. Silva continued; “Safety is a core value at Santacruz and we will thoroughly investigate this accident and take remedial action.”

“We are pleased to see this upgrade to the OTCQX which will allow for greater participation for investors in the US and continue to enhance our liquidity,” commented Jorge Ramiro Monroy CEO of Reyna Silver.

“It is our firm belief that climate change is one of the greatest challenges of our time and that Newmont must be a catalyst for change. It is our responsibility to operate our business in a sustainable way in order to generate long-term value whilst mitigating climate change’s effect on our operations. We continue to hold ourselves to high standards of performance while continuing our commitment to transparent reporting,” said Newmont’s President and CEO Tom Palmer.

The Company intends to use the net proceeds of the Offering for exploration and drilling at its Guigui and Batopilas projects in Mexico, and for general working capital purposes.

Radius Gold Inc. is pleased to report that Amalia property joint venture partner, Pan American Silver, has paid a $400,000 USD scheduled property payment to Radius and plans further drilling at the project. The next drilling campaign will focus on the untested California and El Cuervo targets and is expected to begin in July or August as logistics allow.