Category: Investor’s Corner

Prismo Metals Files NI 43-101 Technical Report For Los Pavitos Gold-Silver Project In Sonora, Mexico

Prismo Metals Inc. is pleased to announce that it has filed on SEDAR a NI 43-101 Technical Report for its Los Pavitos Gold-Silver Project in southern Sonora, Mexico. Los Pavitos is a single 5,289 hectare concession that lies 25 km west of the well-mineralized Alamos District, which encompasses several active exploration and mining projects, including the Alamo Dorado mine of Pan American Silver, the Piedras Verdes mine of Cobre de Mayo and the Alamos and Aurifero vein deposits being explored by Minaurum Gold Inc.

New Gold Announces 14.9% Investment in Harte Gold

New Gold Inc. announced today that it has agreed to purchase 154,940,153 common shares of Harte Gold Corp. pursuant to a private placement at a price of $0.16 per share for total consideration of approximately $24.8 million providing New Gold with a 14.9% strategic interest in Harte Gold’s pro forma issued and outstanding common shares.

Comet Resources: Acquisition of Highly Prospective Copper-Gold Project in Northern Territory

Commenting on the proposed acquisition, Comet Resources Managing Director Matthew O’Kane stated “This portfolio combines both advanced and early stage copper, gold and base metals targets. Being located in Australia they complement our existing copper and base metals project at Barraba in NSW, and provide Comet increased exposure to copper upside, which we believe will continue to strengthen as a result of increased global infrastructure spending and the transition to clean energy. With our recent placement, we are funded to explore all our existing projects as well as this latest exciting acquisition.”

Canuc Closes Private Placement

Canuc Resources Corporation announces the closing of a previously announced Private Placement for gross proceeds of $4,500,000 CAD.

Osisko Development Corp. Closes Previously-Announced CDN $33.6 Million “Bought Deal” Private Placement of Flow-Through Shares

The gross proceeds from the sale of the Offered Shares will be used by the Corporation to incur eligible “Canadian exploration expenses” that will qualify as “flow-through mining expenditures” as such terms are defined in the Income Tax Act (Canada) related to the Cariboo Gold Project and other exploration assets of the Corporation located in British Columbia.

First Majestic Renews Share Repurchase Program

Pursuant to the Share Repurchase, the Company has the ability to repurchase up to 10,000,000 common shares of the Company which represents approximately 4.5% of the 221,681,131 issued and outstanding shares of the Company as of March 8, 2021.

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