Barksdale Resources Corp. announces that Rick Trotman, effective February 5, 2025, has resigned from his position as President and Chief Executive Officer of the Company. William Wulftange, who currently serves as a member of the Company’s board of directors has been appointed Chief Executive Officer of the Company and will assume, on an interim basis, all related duties.
“Strong operating results from the Avino Mine, coupled with a record-breaking financial performance in the fourth quarter, have set the stage for 2025 to be another successful year for Avino,” stated David Wolfin, President and CEO.
Heliostar CEO, Charles Funk, commented, “We are proud to add Vitalina to our team as we continue to grow rapidly. Vitalina brings a strong financial, transactional and reporting background to Heliostar from active production companies in Mexico and West Africa.”
CAPITAN SILVER CORP. is pleased to announce that, in connection with its previously announced private placement financing the Company intends to increase the size of the Offering to up to 13,250,000 units at a price of C$0.40 per Unit for aggregate gross proceeds of up to C$5,300,000.
Reyna Silver Corp. is pleased to announce a first closing of its previously announced private placement offering of units. In aggregate, the Company issued 14,889,999 Units in the first closing for aggregate gross proceeds of CAD$1,116,749.93.
Oroco Resource Corp. announces that it has amended the terms of a non-brokered private placement which was announced on January 27, 2025 to that of up to 6,000,000 units of the Company at a price of C$0.25 per Unit for gross proceeds of up to C$1,500,000.
Dan Barnholden, CEO, commented, “I am very pleased to see that our careful planning is allowing us to meet these important throughput objectives. Steady and stable operations with back up contingencies are key to consistent results.”
Heliostar Metals Ltd. is pleased to announce that it produced 10,391 Gold Equivalent Ounces (10,156 gold ounce and 20,054 silver ounces) in the fourth quarter of 2024.
“We are very pleased to welcome John to our Board,” said Peter Barnes, Chair of the Board. “With extensive leadership experience and a strong track record in capital markets, strategic planning and capital allocation, John brings significant value as we continue to advance MAG’s strategic priorities.”
Discovery Silver Corp. today reported that the Company has closed the bought deal public offering of subscription receipts previously announced on January 27, 2025. Pursuant to the Offering, the Company has issued an aggregate of 275,000,000 Subscription Receipts at an issue price of C$0.90 per Subscription Receipt, for gross proceeds of C$247,500,000, which includes 25,000,000 Subscription Receipts issued pursuant to the exercise, in full, of the over-allotment option granted to the Underwriters in connection with the Offering.
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