Sierra Metals Inc. acknowledges the press release issued yesterday on behalf of Alpayana S.A.C. announcing an intention to commence an unsolicited all-cash takeover bid to acquire all of the issued and outstanding common shares of Sierra Metals.
“These agreements mark another significant de-risking milestone and provide Minaurum with the long-term stability necessary to advance Alamos and realize its full potential,” stated Darrell Rader, President & CEO of Minaurum Gold.
“We are happy to be back to full capacity at the Guanaceví mine,” said Dan Dickson, Chief Executive Officer.
“Paul was a beloved member of the Alamos family. He played an instrumental role in transforming Alamos from a single asset producer into the diversified, intermediate gold company it is today. His leadership, guidance and support over the years are beyond measure.”
Angel Wing Metals Inc. announces it has completed its previously announced non-brokered private placement for 40,680,000 Units at a price of $0.05 per Unit for gross proceeds of $2,034,000.
Greg McKenzie, President and CEO, commented: “We are pleased with the infill drill results confirming the extension of the high-grade sulphide zone 100 m below the last mined stope in the San Marcos mine. Results from the four holes in this area indicate that mineralization is becoming wider at depth than the previously mined horizons.”
“Open-pit mining warrants a thorough review, as activities such as sand extraction for cement production and lithium mining—critical for national development—are conducted using this method. It is vital to assess the specifics of the constitutional reform’s provisions,” Sheinbaum said.
Quetzal Copper Corp. announces a non-brokered private placement for aggregate gross proceeds of up to C$3,000,000…
“This quarter reflects the 2-month closure of mining operations due to the safety standards upgrades that were required by the Mexican Labor Department,” stated Robert Eadie, Chief Executive Officer. “Since October 20th, we have returned to our previous robust mining and plant operations which will be reflected in the next quarter.”
On the same day that Mexican businessman and politician Alonso Ancira Elizondó lost ownership of the steel company Altos Hornos de México (AHMSA) due to the bankruptcy declaration, the “Special Commission” created by the Senate of the Mexican Republic began sessions.
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