Orogen Royalties Inc. is pleased to announce the closing of the transaction (previously announced June 9, 2022) with Advance Lithium Corp. whereby Orogen acquired 3% net smelter royalties on three prospective mineral licenses in the Lake Victoria Gold Fields in western Kenya.
“Newmont delivered a solid second quarter performance, producing 1.5 million gold ounces and generating $514 million in free cash flow.”
The Company believes that it will be able to file its annual report on Form 10-K for the year ended December 31, 2021, and its quarterly report on Form 10-Q for the quarter ended March 31, 2022 in the second half of 2022.
Raman Randhawa, Capstone’s SVP and CFO commented, “The successful closing of our amended revolving credit facility, which has been right-sized for Capstone Copper along with improved terms and conditions will provide greater financial flexibility to support the execution of our future growth projects.”
Newmont Corporation today announced that its Board of Directors declared a dividend of $0.55 per share of common stock for the second quarter of 2022, payable on September 22, 2022 to holders of record at the close of business on September 8, 2022.
The Company intends to use the net proceeds of the Offering to fund capital expenditures and continued exploration of the Company’s Santa Daniela project, as well as for working capital and general corporate purposes, all as described in more detail in the Prospectus.
Fabled Silver Gold Corp. is pleased to announced that as of July 21, 2022 it closed the first tranche of a non-brokered private placement previously announced on June 23, 2022 and has issued 5,940,000 units at a price of C$0.07 per Unit for gross proceeds of C$415,800.
Guanajuato Silver Company Ltd. is pleased to announce the closing of its equity financing of subscription receipts at a price of C$0.33 (equivalent to approximately US$0.256) per Subscription Receipt announced on June 29, 2022
Tony Makuch, Interim CEO, states: “We significantly expanded our ESG efforts in 2021. We increased the size of our ESG team with the hiring of key personnel including a Sustainability Manager, Environmental Coordinator and Social Coordinator, all of whom are Mexican nationals.”
“These initial results are encouraging and suggest the gold recovery of oxide material at Pilar has the potential to be relatively high.”, commented CEO, Brodie Sutherland. “Work is underway to validate these results at a certified lab. In the meantime, we await the results of our latest stage of drilling at Pilar which aggressively targeted new areas beyond our Main Zone.”
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