Category: Investor’s Corner

MAG intends to use the net proceeds of the Offering to fund exploration and development of the Juanicipio Project and for working capital and general corporate purposes.

“We had a strong start to the year with production improving from previous quarters,” stated Brendan Cahill, President and CEO. “Silver and lead production, in particular, were significantly higher than recent quarters.”

9,987 tonnes ore mined during the quarter grading 16.6% zinc 8.4%, lead and 51.3 g/t silver, up from the December quarter.

Capstone Mining Corp. announced the voting results from its 2020 Annual General and Special Meeting held April 29, 2020 in Vancouver, British Columbia.

Minera Alamos Inc. will postpone filing its annual financial statements and management’s discussion and analysis for the year ended December 31, 2019 (collectively the “2019 annual documents”), due to logistics and delays caused by the COVID19 pandemic.

Bradford Cooke, CEO, commented, “We look forward to bringing our mines back to production in a safe and orderly manner. Naturally, we will continue to apply all aspects of our coronavirus plan to maintain the health of our people and the local communities.”

“Despite the temporary challenges with COVID-19, Alamos remains well positioned for a strong second half of the year.”

“We are encouraged by the financial results for the quarter as they were impacted by the 2-week suspension at Rainy River in the latter part of March, and the enhanced COVID-19 safety protocols put in place at both operations. Following the close of a strategic $300 million partnership with the Ontario Teachers’ Pension Plan, the Company now has a strong liquidity position of $600 million, which is more than adequate to fund our business during this COVID-19 period.” stated Renaud Adams, CEO.

Daniel Martinez-Valle, CEO of Orbia, remarked, “As we all face an unprecedented global pandemic and the uncertainty and volatility that comes with it, it is important that I first thank all those working around the clock and on the front lines to care for people around the world.”