The net proceeds from the IPO will be used for working capital and to carry out exploration of the Company’s Palos Verdes Property located in the southern part of the State of Sinaloa in northwestern Mexico, approximately 65 kilometers NE of Mazatlán, Sinaloa, in the Municipality of Concordia.
Over the past couple of weeks, Pan American has been gradually redeploying its workforce at Huaron and Morococha following implementation of intensive health screenings and testing for the COVID-19 virus.
“Qualifying for trading on the OTCQB is the next step in our ongoing effort to increase visibility, expand trading liquidity and broaden our shareholder base, said Mike Romanik, President of Silver Dollar. “Through the OTCQB, U.S. investors should find it easier to access our company information and most importantly trade our stock through the broker of their choice.”
Mexican precious metals mining company Fresnillo said on Wednesday it had taken up $481.721 million of a tender offer to buy back some $800 million of its notes maturing in 2023.
DynaUSA CEO and DynaMéxico President Mr. K.D. Diepholz noted: “The $48M USD Recognition Claim against Goldgroup Resources Inc. is the final step in the litigation against Goldgroup. The $48M USD award constitutes damages caused by Goldgroup to DynaMéxico, and DynaMéxico intends to pursue all legal avenues for collection of the damages from Goldgroup.”
Mr. Glenn Jessome, Chief Executive Officer of Silver Tiger Metals will give an overview of the Company. He will present its program – the El Tigre Project in Sonora, Mexico.
Gray Rock Resources Ltd. is pleased to announce that Mr. Stephen Williams, P.Eng, MBA, has been appointed to the Company’s Board of Directors, effective immediately.
Fresnillo plc announces that it is extending the expiration time of its previously announced offer to purchase for cash any and all of its outstanding US$800,000,000 principal amount of 5.500% Notes due 2023, to 5:00 p.m., New York City time, on September 29, 2020.
Paddy Nicol, Orogen’s CEO states, “These results are exciting and have potentially meaningful implications for Orogen’s royalty on the Silicon project. The drill holes are located approximately 1,500 metres from the southern extent of AngloGold’s drilling on the main Silicon area.”
Importantly, we received the necessary approvals to install a tailings dam and the associated infrastructure required to process our ore on site. We have completed the detailed Costing Study for refurbishing the Plomosas plant which has been idle since prior to our acquisition of the mine and we are now in a position to implement operational strategies.
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