San Marco Arranges $690,000 Private Placement
June 1, 2020
Proceeds of the private placement will be used for funding exploration of the Buck property and working capital.
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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.
The net proceeds from the Offering are intended to be used to fund exploration and development of Wealth’s Atacama Project as well as general corporate purposes.
Due to delays to obtain financial information in Mexico, caused by the COVID-19 pandemic, the Company is relying on this blanket relief to postpone the filing of its Q1 interim financial statements and corresponding management’s discussion and analysis for the three month period ended March 31, 2020.
PREMIER GOLD MINES LIMITED announces that due to ongoing concerns related to the spread of COVID-19, and in order to mitigate potential risks to the health and safety of its shareholders and communities, the Company has elected to postpone its annual general meeting of shareholders.
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