Ian McGavney, President & CEO of Colibri states, “The Company is excited to move forward with its partner Tocvan Ventures to unlock Pilar’s significant potential. The new data derived from this diamond core drilling program will be added to the project’s geological model as well as to an upcoming Maiden Resource Estimate.”
“2024 was a transformative year for Vizsla Silver,” commented Michael Konnert, President & CEO. “With an updated resource estimate in January 2024 serving as the backbone for the first ever Panuco PEA, published in July, Vizsla Silver went from early-stage exploration to early-stage development.”
Including the early redemption of the 2026 Notes, Newmont will have retired approximately $1.4 billion of its debt over the last 12 months, demonstrating the Company’s commitment to deleveraging and strengthening its balance sheet.
Oroco Resource Corp. is pleased to announce a non-brokered private placement of up to 5,000,000 units of the Company at a price of C$0.30 per Unit for gross proceeds of up to C$1,500,000. Red Cloud Securities Inc. will be acting as a finder in connection with the Offering.
Mexican Gold Mining Corp. is pleased to announce a non-brokered private placement offering of up to 4,000,000 units of the Company at a price of $0.04 per Unit to raise gross proceeds of up to CAD $160,000.00.
Silver Storm Mining Ltd. is pleased to announce that it is increasing the size of the previously announced non-brokered private placement offering of units of the Company for gross proceeds of up to $3,500,000.01 at a price of $0.09 per Unit subject to approval from the TSX Venture Exchange.
The private placement will now consist of 14,000,000 units at $0.18 for gross proceeds of $2,520,000.
Commenting on this update, Mr. John C. Gustavsen, President of the Antimony Division of the Company, stated, “We have a great seasoned working team assembled who are excited to complete the refurbishing of the Madero Smelter. We have already rehired field personnel who are crucial in achieving our work program objectives. We anticipate being fully prepared when our first international shipments begin arriving in early March.”
Pursuant to the Private Placement, the Company issued a total of 35,000,000 units at CAD $0.10 per Unit for gross proceeds of CAD $3,500,000.
Zacatecas Silver Corp. announced the appointment of Mr. Eric Vanderleeuw as Director. Mr. Vanderleeuw brings extensive expertise in capital markets to the Company, having facilitated the successful raising of over $100 million for venture initiatives throughout his consulting career.
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