Alamos Gold announced a semiannual dividend on Wednesday, April 22nd, StockRatingsNetwork reports. Investors of record on Friday, May 15th will be paid a dividend of 0.03 per share on Friday, May 29th. This represents a dividend yield of 0.89%. The ex-dividend date is Wednesday, May 13th.
Sierra Metals Inc. today announces that the Company has appointed Mike McAllister as Director of Corporate Development effective April 22, 2015.
The Board of Directors believes that the proposed share consolidation will better position the Company to raise the funds it requires to finance continuing business activities and advance its El Tejon Flake Graphite project.
The Company’s first quarter production of approximately 19,300 ounces AuEq (actual 72:1 silver-to-gold ratio) maintains the Company’s 2015 Outlook to produce 80,000 to 90,000 ounces AuEq (64.1:1 silver-to-gold ratio).
Por tercer mes consecutivo la producción de acero en México registró una caída. Durante marzo la producción nacional de acero crudo fue de un millón 625 mil toneladas, una caída de 5.2 respecto al mismo mes de 2014 cuando se registraron un millón 714 mil toneladas, según la Asociación Mundial del Acero (WSA, por sus siglas en inglés).
The Company issued an aggregate of 4,620,000 common shares at a price of C$6.50 per Common Share for gross proceeds of C$30,030,000.
Adjusting our reported results to exclude the impact of currency variations, restructuring and nonrecurring expenses, and excluding PMV and Venezuela, our first quarter performance was even stronger, with revenues up 19% and EBITDA increasing 22%. This demonstrates our company wide commitment to achieving margin expansion through innovation and ongoing operating efficiencies. Mexichems increased scale, resulting from a combination of organic initiatives and recent acquisitions enabled us to successfully maintain this discipline, despite the economic headwinds that we faced in a number of markets, said Antonio Carrillo, Chief Executive Officer.
Immediately upon completion of the Arrangement, a share consolidation (one new for ten old) will take place and the combined company will change its name to Alianza Minerals Ltd. Alianza will have 10.8 million shares outstanding before the completion of the financing.
This represents the Company’s 11th consecutive semi-annual dividend and once again demonstrates its commitment to returning value to shareholders. Including the current dividend, the Company has returned a total of $106 million to shareholders through dividends and share repurchases over the past five years. This dividend represents a decrease from previous levels, a reflection of both the sharp decline in the price of gold and our transition to a growth phase as a Company….
McEwen Mining Inc. is pleased to announce drill results that we expect will extend the mine life and improve the gold grade of El Gallo 1. Drilling is ongoing and an updated resource estimate for El Gallo 1 will be released in Q3 2015.
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