SilverCrest Metals Inc. is pleased to announce that it has closed the private placement with SSR Mining Inc. previously announced on April 21, 2020 pursuant to which SSR Mining elected to exercise its equity participation right.
“The successful completion of this second tranche demonstrates the strong support shown by our investors as we near the launch of Nomad Royalty Company, a new global acquisition-driven precious metals royalty company” said Vincent Metcalfe, Chief Executive Officer of the Company.
GREAT PANTHER MINING LIMITED announces that the Mexican federal government has ordered an extension of the suspension of non-essential activities in Mexico until May 30, 2020 in response to COVID-19. On April 2, 2020, the Company announced a temporary suspension of production activities at its Mexican operations through April 30, 2020 in response to a first order by the Mexican government to suspend such activities.
Freeport-McMoRan Inc. today announced that it has posted its press release outlining its revised operating plans in response to the COVID-19 pandemic and its first-quarter 2020 financial and operating results on the Investor Relations page of its website.
Notwithstanding the challenges of the global COVID-19 pandemic outbreak during the March 2020 Quarter, Mithril Resources continued to work towards successfully completing the transformative acquisition of private mineral exploration company Sun Minerals Pty Ltd.
Americas Gold and Silver Corporation, a growing North American precious metals producer, today announced that due to public health and safety concerns related to the coronavirus disease 2019 (COVID-19) situation, the location of the Annual General Meeting of Shareholders of the Company has been changed to the Company’s head office at Suite 2870, 145 King Street West, Toronto, Ontario, M5H 1J8.
Pan American Silver Corp. will hold its Annual General and Special Meeting of Shareholders on Wednesday, May 6, 2020 at 3:00 pm (PT), as provided in Pan American’s 2020 management information circular.
The Company also announces a non-brokered private placement up to 20,000,000 units at a price of $0.05 per Unit for gross proceeds of up to $1,000,000.
“The world was a very different place when we announced our proposed acquisition of Otis Gold two months ago, intending to increase our precious metals exposure from 50% to over 90%,” stated Brendan Cahill, President and CEO of Excellon.
“South Arturo had a strong quarter, well in excess of expectations”, stated Ewan Downie, Chief Executive Officer of Premier. “Having more than one mining operation has so far allowed us to continue to operate with reasonable success during the Covid-19 pandemic that has impacted mining activities worldwide, including the Company’s Mercedes mine in Mexico”.
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