Pursuant to the Share Repurchase, the Company has the ability to repurchase up to 5,000,000 common shares of the Company which represents approximately 1.83% of the 274,479,942 issued and outstanding shares of the Company as of March 10, 2023.
Aloro Mining Corp. is pleased to announce a non-brokered private placement financing of up to 10,000,000 units of the Company at a price of $0.05 per Unit for gross aggregate proceeds of up to $500,000.
“A key focus for this year’s ongoing, fully funded 90,000 metre drill campaign is to explore high-priority targets proximal to the main resource centres in the western portion of the Panuco District,” commented Michael Konnert, President and CEO.
Alberto Orozco, Capitan Silver’s CEO, stated “We are making great progress at our Cruz de Plata Project. While it is early days, we are quite delighted by the robust nature of the silver system that runs through our property and quite excited about the un-drilled potential at the project.”
Warren M. Rehn, Golden’s President and Chief Executive Officer, commented, “We are very pleased to announce the first mineral resource ever reported for the Yoquivo district. At 570 g/t silver equivalent, this is an exceptionally high-grade initial Mineral Resource estimate. We believe there is excellent potential for Yoquivo to ultimately develop into a producing property.”
John MacKenzie, CEO of Capstone commented, “We are very proud to announce our new Sustainable Development Strategy today. Responsible operating practices are a vital component of our commitment to the environment, our employees, local communities and governments and must remain front of mind in everything we do.”
GR Silver Mining Chairman and CEO, Eric Zaunscherb comments, “We are very pleased to achieve this milestone as promised over the past year. The conservative parameters applied, and the approach taken, allow us to be confident in this positive outcome as we focus on broad zones of mineralization that may be amenable to bulk, low-cost open pit and/or underground mining methods.”
“As reported last month, exploration is continuing at the mine and we are achieving positive results.” reported Robert Eadie, CEO of the Company.
Oroco Resource Corp. is pleased to announce that it has closed a non-brokered private placement raising gross proceeds of $4,758,727.55 through the sale of a total of 6,344,970 units at a price of $0.75 per unit.
Heliostar Metals Limited is pleased to announce that further to its news releases dated December 5, 2022, January 17, 2023 and March 3, 2023, it has closed its previously announced non-brokered private placement offering, of which the Company issued 92,727,272 units at a price of C$0.22 per Unit for gross aggregate proceeds of approximately C$20,400,000 (US$15,000,000).
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