Eric Caba, President and CEO of Bear Creek Mining states, “Finalizing the Deferred Payment agreement improves our balance sheet by changing a US$26 million current liability into a long term obligation, and will reduce our debt service costs by US$548,000 per month over the next twelve months.”
Sonoro Gold Corp. announces the results of its Annual General Meeting of Shareholders held June 29, 2023, in Vancouver, BC. At the Meeting, shareholders approved all resolutions put before them by management including the election of all director nominees, the re-appointment of the auditors and the approval of the Company’s share option plan.
Canuc Resources Corporation is pleased to announce the closing of a non-brokered private placement financing, raising gross proceeds of $2,000,000 CAD through the issuance of 25,000,000 Units at $0.08 per Unit.
“We stepped out, at depth and along strike, with Hole ET-23-09 and were handsomely rewarded with the best drill hole in the Company’s 55-year history,” said David Wolfin, President and CEO. “The exceptionally wide and very high, silver, gold and copper grades are extremely encouraging for our continued exploration of the Avino vein and associated stockwork and breccia at depth and suggests a much more complex mineralization system.”
Gatos Silver, Inc. today announced that, effective July 4, 2023, the Ontario Securities Commission fully revoked the management cease trade orders previously granted in respect of certain former and current senior officers of the Company on April 1, 2022, April 12, 2022 and July 7, 2022.
Colibri Resource Corporation is pleased to announce that it intends to conduct a non-brokered private placement of up to 1,000 units for gross proceeds of up to US$1,000,000, each Unit consisting of one US$1,000 principal amount 10% unsecured convertible debenture and 5,416 common share purchase warrants.
Guanajuato Silver Company Ltd. reports that all of management’s nominees for election as directors of GSilver at the Company’s 2023 Annual General Meeting held on June 28, 2023 were duly elected as directors of GSilver for the ensuing year, being James Anderson, Ramon Davila, William Gehlen, Daniel Oliver, Jr., Richard Silas and Hernan Dorado Smith.
Shareholders voted in favour of all items of business including the re-election of each director (Messrs. Simon Dyakowski, Patricio Varas, Mark Rebagliati, James Schilling, and Stewart Lockwood) and the ratification of the Company’s 10% rolling equity incentive plan. The number of directors remains fixed at five and Smythe LLP were reappointed as auditors.
Silver Bull Resources, Inc. announces that it has commenced international arbitration proceedings against the United Mexican States under the Agreement between the United States of America, Mexico, and Canada and the North American Free Trade Agreement.
Angel Wing Metals Inc. is pleased to announce voting results from the Company’s Annual General and Special Meeting of Shareholders.
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