Minera Alamos Inc. is pleased to provide selected financial highlights from its 2024 Q1 Financial Statements and MD&A filed on SEDAR+ on May 30th, 2024 as well as an operations update for the first five months of the year.

Ramon Perez, President stated, “We are very proud to announce our Q1 2024 results. We have achieved a number of significant milestones that are key to our overall growth plans, including increasing revenues, and most importantly generating positive operating cash flow, before working capital changes, and positive net income.”

“It is with great pleasure that we release our 20-year anniversary Annual Report, reflecting on the incredible journey that First Majestic has been on,” said Keith Neumeyer, President & CEO of First Majestic.

Jorge A. Ganoza, President and CEO of Fortuna, commented, “In 2023, we have made significant progress with respect to tailings management, climate change, and overall safety performance. I want to take this opportunity to commend the active leadership and dedication of our teams in Latin America and West Africa, as Fortuna continues to work towards a Zero Harm workplace where critical risks are better managed, and events leading to potential injuries are mitigated.”

Eric Caba, President & CEO, states, “Significant progress was made at Mercedes this quarter across a number of initiatives. Production and operating results from the Mercedes mine in Q1 2024 demonstrate a continuity of the improvements realized in the final quarter of 2023, including gold and silver ounces produced, average gold grade mined and processed, and development meters achieved.”

Under the Arrangement Agreement, the parties have agreed to effect the Arrangement, pursuant to which, among other things, a wholly-owned subsidiary of Argonaut will (directly or indirectly) hold all of Argonaut’s ownership interest in its United States and Mexican assets.

Paddy Nicol, CEO of Orogen Royalties, commented, “We have delivered another profitable quarter despite the tough market conditions in the junior mining space.”