First Majestic Announces Closing Sale of Royalty Portfolio to Metalla

First Majestic Silver Corp.is pleased to announce that it has closed its previously announced transaction to sell a portfolio of royalty interests to Metalla Royalty & Streaming Ltd. following the receipt of approval from the TSX Venture Exchange as well as the completion of other customary closing conditions. In consideration of the sale, First Majestic received 4,168,056 shares of Metalla at a deemed price of $4.7984 per share for an approximate value of US$20.0 million.

Silver Viper Announces Extension of Non-Binding LOI with Canasil Resources

Silver Viper Minerals Corp. has entered into an agreement to amend the non-binding letter of intent dated November 6, 2022 with Canasil Resources Inc. with respect to the proposed acquisition by the Company of all of the issued and outstanding shares of Canasil in exchange for common shares of Silver Viper, pursuant to which the parties have extended the outside date to enter into a definitive agreement in respect of the Proposed Transaction from December 20, 2022 until January 31, 2023.

Alamos Gold Announces Renewal of Normal Course Issuer Bid

Alamos Gold Inc. today announced that it has filed with and received acceptance from the Toronto Stock Exchange for a Notice of Intention to make a Normal Course Issuer Bid permitting Alamos to purchase for cancellation up to 34,670,378 Class A Common Shares representing 10% of the Company’s public float of the Common Shares as of December 14, 2022, being 346,703,788 Common Shares.

Azucar Grants Stock Options

Azucar Minerals Ltd. announces that, pursuant to its Stock Option Plan, it has granted stock options to directors, officers, employees, and consultants of the Company to purchase 380,000 common shares in the capital of the Company at an exercise price of $0.06 per share which expire on December 17, 2027.

Guanajuato Silver Drills 1.15m True Width of 3159 gpt AgEq at Topia

James Anderson, Chairman & CEO said, “These results demonstrate the continuity of mineralization along the lateral extent of the target horizon and outside the boundaries of our current mining areas. Mining has been ongoing at Topia for roughly 70 years and these high-grade intercepts strengthen our commitment to expand milling capacity from 7,500 tonnes per month to over 10,000 tonnes per month through 2023-24.”

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