Red Cloud is a Toronto-based financial services company that provides investor relations services, including assisting with increasing investor awareness and overall marketing of Silver Tiger.
The proceeds of the Private Placement will be used primarily to fund Discovery’s continuing exploration program at its Cordero project and its Coahuila projects. A portion of the proceeds will be used for general working capital purposes.
“Our sustainability report provides investors and other stakeholders a transparent and detailed look at look at our safety, environmental and social performance,” said Tom Palmer, President and Chief Executive Officer.
Proceeds of the private placement will be used for funding exploration of the Buck property and working capital.
CEO John Lawrence said “The trisulfide that has been produced looks good, and the team is anxious to continue on the cyanide leach of the gold and silver Los Juarez ore now that they will have a thickener.”
“We are looking forward to resuming operations at Platosa and Miguel Auza in a safe and healthy manner and doing our part to prevent the further spread of COVID-19 in Mexico,” stated Brendan Cahill, President and CEO. “Fortunately, our people have not suffered any cases of the disease and incidences in our surrounding communities have been minimal.”
“I am very appreciative of the way our team in Mexico handled the difficult challenges faced during the last few months due to the global pandemic,” said David Wolfin, President & CEO of Avino.
Pete Dougherty, President & CEO stated: “We will continue to implement strict protocols for all employees in an effort to protect both our workforce and the communities near our mines. Recognizing that mining operations are deemed an essential business in Mexico, we have restarted full operations at all of our mines.”
“We are pleased that the Government of Mexico has confirmed mining as an essential service, facilitating the restart of our operations,” stated Brendan Cahill, President and CEO. “Our operations and those of the mining industry throughout Mexico are critical to economic activity in the country and to the well-being of our employees and the communities that rely on our presence.”
Santacruz Silver Mining Ltd. announces that, as a result of delays caused by the COVID-19 pandemic, the Company will be postponing the filing of its condensed consolidated interim financial statements for the three-month period ended March 31, 2020 and accompanying management’s discussion and analysis and related CEO and CFO certificates which are required to be filed by June 1, 2020 under National Instrument 51-102 – Continuous Disclosure Obligations.
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