GoGold Resources Inc. is pleased to announce that it has closed its previously announced bought deal offering of 28,900,000 common shares at a price of C$2.25 per Common Share, for aggregate gross proceeds of approximately C$65 million.
Dustan E. McCoy, Lead Independent Director, said, “I am pleased to welcome Kathleen to the Freeport Board. The Board has interacted extensively with Kathleen over her long tenure at Freeport and has benefitted immensely from the depth and breadth of her expertise, financial and operational insights and strategic vision.”
The company has encountered several setbacks which has negatively affected production in Q4.
Greg Smith, President & CEO of Equinox Gold, commented: “Equinox Gold has made substantial progress in understanding our carbon footprint and identifying opportunities for improvement. We are pleased to deliver our strategy to achieve a 25% reduction in GHG emissions by 2030, as outlined in our inaugural Climate Action Report.”
Chief Executive Officer, Daniel Kunz commented, “2023 is a big year for Prime, with release of the upcoming mineral resource estimate and a planned initial 35,000-metre drilling program.”
MAG Silver Corp. announced today that it has completed its previously announced bought deal public offering and has issued 2,905,000 common shares including 170,000 Common Shares issued upon the partial exercise of the over-allotment option, at a price of US$14.65 per Common Share for gross proceeds of US$42,558,250.
Mel Herdrick, Vice President of Exploration added “The SRK analysis and estimation of Cerro Caliche resources has been completed to very high standards so that Sonoro can move confidently forward with advancing the project towards production.”
“Our team continues to advance our understanding of the mineralization at Yoquivo. These last holes from the 2022 program continue to return high-grade gold and silver assays from both the Pertenencia and San Francisco vein systems, and with each new drilling campaign we continue to discover additional veins and extend mineralization to greater depths than previously recognized,” said Warren Rehn, President and Chief Executive Officer of Golden Minerals.
“Alamos Gold was founded 20 years ago this month with a market capitalization of less than $50 million, the Mulatos project, and a vision. Today, Alamos is a growing, diversified intermediate gold producer with a market capitalization of more than $4 billion, and a long-term track record of creating value for all of our stakeholders.”
Newmont’s proposal to combine with Newcrest is on the basis of 0.380 Newmont shares per Newcrest share, which would result in the combined company being 30 percent owned by Newcrest and 70 percent owned by Newmont.
Mexico Mining Center © 2021 / All Rights Reserved
