The Company wishes to provide an update with respect to the previously announced proposed acquisition of a portfolio of Bolivian mining assets from Glencore.

The Company has received a final order from the Supreme Court of British Columbia dated September 21, 2021, and shareholder approval pursuant to an annual and special meeting of the Company held on September 15, 2021, to implement the spin-out of 80% of the Company interest in mineral exploration assets located in Canada to its shareholders by way of a share capital reorganization effected through a statutory plan of arrangement with Kootenay Resources Inc., a wholly-owned subsidiary of the Company.

“With this first sale of concentrate, we have completed the transition to the status of a silver and gold producer and established a new precious metals company in the heart of Mexico,” said GSilver Chairman and CEO James Anderson

“Newmont delivered on a challenging third quarter performance with $1.3 billion in adjusted EBITDA and $735 million in free cash flow, building momentum for a strong fourth quarter,” said Tom Palmer, Newmont President and Chief Executive Officer.

Orogen Royalties Inc. is pleased to announce an update for its royalty portfolio including the Ermitaño 2% Net Smelter Return royalty in Sonora, Mexico and the Silicon 1% NSR royalty in Nevada, USA.

“With a strong expected fourth quarter underway, we remain on track to achieve our 2021 production guidance at each of our operations.”

“We had a challenging third quarter at our Mulatos mine which offset strong performances at our Canadian operations,” said John A. McCluskey, President and Chief Executive Officer.

David Wolfin, President & CEO, stated: “We believe this is a transformational Transaction for Avino shareholders. I have always believed that Avino and La Preciosa belong under common ownership given the clear synergies and common infrastructure, and I’m delighted that Coeur shares this vision.”