Coeur Mining, Inc. today announced its intention to offer, subject to market and other conditions, $350,000,000 of Senior Notes due 2029.

Coeur Mining, Inc. today announced that it has commenced a cash tender offer to purchase any and all of its 5.875% Senior Notes due 2024. There are $230,000,000 aggregate principal amount of Notes outstanding.

The Company plans to use the net proceeds of the Offering to expand the Las Chispas resources and reserves through further drilling, to optimize the mine and processing plant design, to explore regional targets, and for general working capital purposes.

“The exercise and expiry of these warrants is a significant positive event as it bolsters our cash position and eliminates the selling pressure typically experienced with warrant expiration. In the last six weeks 18 million warrants were exercised. With a cash balance of nearly $100M Discovery is in a solid position to rapidly advance the Cordero project, one of the largest undeveloped silver assets in the world, at a time when silver demand is very strong and sizeable development assets are in short supply.”

Peter J Hawley, CEO, President states; “On behalf of Fabled, I would like to thank our loyal shareholders for their support and early exercise of warrants. Not only does this strengthen our treasury but will allow us to expand the current 8,000-meter drill program on the Santa maria Property, if warranted.”

The CLG process plant will resume operation early this week upon completion of the previously accelerated maintenance activities that commenced during the temporary power restriction in Northern Mexico. Given the expedited restoration of full grid power, the outage has had minimal impact on the Company’s mining and processing activities.

El 48.3% de la electricidad que necesita la mina La Herradura, ubicada en Caborca proviene de energías limpias como la eólica y la solar, según informó la empresa propietaria Fresnillo PLC, con lo cual, a través de su estrategia de sustentabilidad reitera su compromiso con el cuidado del medio ambiente.