“Once complete, the combined business will be unlike any gold and copper mining investment available in the markets today. Newmont and Newcrest shareholders will own a world-class portfolio of gold and copper assets featuring 10 large, long-life, low cost Tier 1 operations representing more than half of the world’s Tier 1 gold mines.”
The following officers were reappointed subsequent to the annual general meeting: Lawrence Page, K.C. as President, Robert Macdonald as Vice President, Exploration, Killian Ruby as Chief Financial Officer, and Arie Page as Corporate Secretary.
Bruce Bragagnolo, Regency Silver’s Executive Chairman stated, “We are pleased to complete the first tranche of this private placement and thank our existing shareholders and new shareholders for their strong support.”
James Anderson, Chairman and CEO, said, “The significant increase in the San Ignacio mineral resource across all categories can be attributed to the exceptional work on the part of our Mexican exploration teams; their efforts over the past year have expanded our understanding of the mineralized systems in place at San Ignacio while returning consistently high-grade results, some of which are highlighted below, that have led to an increase of 130% in the measured & indicated category and 283% in the inferred category.”
Simon Dyakowski, Aztec Minerals President & CEO stated, “We are pleased to complete this financing and are grateful for the ongoing support of our existing shareholders and several new shareholders. Notably, Aztec’s largest shareholder, Alamos Gold Inc. (TSX: AGI, NYSE: AGI) subscribed for 625,000 Units of the financing, thereby maintaining their equity ownership of approximately 8.8% on an undiluted basis.”
“This represents a further step towards right sizing our credit facility to support our growth pipeline, highlighted by our Mantoverde Development Project which remains on-time and on-budget. We are pleased to have achieved competitive terms and an extended maturity to 2027,” stated Raman Randhawa, Chief Financial Officer.
The sale of these non-core assets is aligned with Pan American’s stated aim of optimizing its portfolio following the acquisition of Yamana Gold Inc.
Heliostar CEO, Charles Funk, commented, “Ana Paula continues to outperform our expectations and is growing more quickly than we expected when we acquired the project. The current two holes are 26% and 225% higher than predicted in the resource model and, in total, twelve of the thirteen holes targeting the High Grade Panel delivered intercepts with better grades or widths than the existing resource model.”
Orex Minerals Inc. today announced that, effective September 27, 2023, the Company will consolidate its issued and outstanding common shares at a ratio of ten pre-consolidation Shares to one post-consolidation share. The reasons for the Consolidation are to increase the Company’s flexibility and competitiveness in the marketplace and to attract new equity investment in the Company.
The Board of Directors of Colibri Resource Corporation is pleased to announce the appointment of Ian McGavney as the President and Chief Executive Officer of the Company. The Company also wishes to announce the retirement of Ron Goguen Sr. from the position of President and CEO.
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