K2fly Ltd has announced that Coeur Mining Inc has signed a 5-year resource inventory management software-as-a-service (SaaS) contract to roll out to five sites.
The error occurred in the first paragraph where it should have read, “Each unit consists of one common share priced at $0.25 per share, and one half of one common share purchase warrant” instead of “one common share purchase warrant.”
Capstone Mining Corp. is saddened to report that a fatal accident occurred at its Cozamin mine in Mexico on March 7, 2021.
The Company issued 5,000,000 common shares at an offering price of $0.20 per share for gross proceeds of $1,000,000. The securities issued under this private placement are subject to a four month and one day hold period, expiring on July 6, 2021. No commissions or finder’s fees are payable in connection with this financing. The net proceeds of the Offering will be used for financing the balance of the first phase of exploration work on the Ana Maria property, and the Company’s general working capital requirements.
Proceeds will be used for drilling on the Company’s San Javier Silver-Gold Project.
“I am proud of First Majestic’s commitment to positive and long-lasting impact across the communities where we work,” said Keith Neumeyer, President and CEO of First Majestic. “Social management is a core tenet of the Company and it is continually ingrained in our operations. Being recognized by CEMEFI and ALIARSE emphasizes our daily focus on creating opportunities for social, economic and environmental development. This Award is proudly shared with the communities where we work.”
The proceeds from the Private Placement are expected to be used by the Company to complement the Zimapan Assets acquisition, to accelerate exploration activities at the Horizontes (Lomo del Toro) area and for general working capital and corporate purposes.
Mike Struthers, CEO, commented: “Both Neil and myself are very pleased to have joined Candelaria at this time, to help the Candelaria team take the Company to the next level. A goal for the next 12 months is to successfully execute the Pinos project and bring that mine back into production, in parallel with executing what we believe could be a very successful exploration program at the company’s flagship asset, the Caballo Blanco mineralised district.”
“For 2020, Great Panther delivered record mine operating earnings of $84 million ($0.24 per share), significantly strengthening the balance sheet, and successfully added reserves and resources through our result-driven exploration programs,” stated Rob Henderson, President and CEO.
“Operations were temporarily suspended in April due to the pandemic; a phased ramp up started in June; and in early July, we were sidelined with a strike at the mine. Fortunately, the strike came to a successful conclusion in October. As we begin a new year, we are thrilled to have already reported an increase in measured and indicated mineral resources at the Avino property, and have kicked off the 2021 drill program, as well, we remain focused on ramping up operations at the Avino mine as we embark upon a busy and positive year ahead.”
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