Category: Investor’s Corner

Tony Makuch, Discovery’s CEO, commented: “2024 was a transformational year for Discovery as we work towards becoming a highly profitable North American precious metals producer.”

Ernesto Balarezo, CEO of Sierra Metals, commented, “The fourth quarter of 2024 capped off a tremendous year for Sierra Metals. During the quarter, we achieved record throughput rates, which increased metal production leading to record revenue. This, combined with lower costs during a period of higher metal prices, has led to higher margins, an increase in cash flow generation, accelerated capital investments to secure long-term performance, a solid capital structure, and an overall stronger financial position.”

Colibri Resource Corporation is pleased to announce that it has closed a second and final tranche of its non-brokered private placement of units for gross proceeds of $146,500. Combined with the proceeds from Tranche 1, the Company has raised a total of $286,900.

“These meetings, of both an executive and technical nature, have exceeded all our expectations regarding the support of the Mexican Federal Government for the advancement of the Santo Tomás Project. Initiated by Congressional Deputy, Mario Zamora, these meetings have led to the establishment of a clear dialogue with Mexico’s senior economic and mine development decision makers.”

“Desde la Secretaría de Economía de Sinaloa hemos acompañado este proyecto con gestiones clave que han permitido su avance, siempre con un enfoque de sostenibilidad y responsabilidad social”, expresó.

Silver Tiger Metals Inc. is pleased to announce it has entered into an agreement with Stifel Canada and Desjardins Capital Markets, to act as co-lead underwriters and joint bookrunners pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 45,455,000 common shares of the Company at a price of C$0.33 per Common Share for gross proceeds to the Company of approximately C$15,000,150.

MAG Silver Corp. reported strong financial results for the year ending December 31, 2024, with a net income of $77.8 million, driven by its Juanicipio mine’s performance. The company declared an inaugural dividend of $0.18 per share and achieved silver production of 18.6 million ounces. Key operational highlights include an improved silver recovery rate and strong cash flow from Juanicipio.

Bear Creek Mining Corporation announces that Andrew Swarthout and Sandra Daycock have retired from the Board of Directors.

Almaden Minerals Ltd. announces that it has filed its memorial submission relating to its international arbitration proceedings under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership with the United Mexican States.