Metalla and Coeur Announce US$12.7 Million Secondary Bought Deal Offering of Common Shares of Metalla

June 22, 2020

Metalla Royalty & Streaming Ltd. and Coeur Mining, Inc. announce that they have entered into a bid letter with a syndicate of underwriters led by PI Financial Corp., Haywood Securities Inc. and Cantor Fitzgerald Canada Corporation pursuant to which the Underwriters have agreed to buy on a “bought deal” basis 2,400,000 common shares of Metalla currently held by Coeur at a price of US$5.30 per Common Share for gross proceeds to Coeur of approximately US$12.72 million.

Southern Silver Announces C$7 Million Private Placement Financing

June 22, 2020

Southern Silver Exploration Corp. announces that in conjunction with the previously announced Transaction to acquire an additional 60% indirect working interest (for a 100% indirect ownership) in the Company’s flagship Cerro Las Minitas project, it plans to issue a minimum of 35,000,000 subscription receipts of the Company in a fully marketed private placement at a price of C$0.20 for gross proceeds of a minimum of C$7,000,000.

Southern Silver Announces Transformative Transaction to Acquire 100% of its Flagship Cerro Las Minitas Silver Project

June 22, 2020

Lawrence Page, Q.C., Southern Silver’s Chairman and Director, stated: “Upon completion of the transaction the benefits to Southern Silvers shareholders and investors will be significant. Sole ownership of the Project inclusive of the significant resources developed to date allows us great latitude in developing the Project for substantial resource growth. The transaction will also provide a 150% increase in attributable resources which will be highly accretive to Southern Silver shareholders.”

Golden Goliath – Significant Geological Hosts Located on Kwai Property by Mapping and Till Sampling

June 22, 2020

Golden Goliath Resources Ltd. is very pleased to announce that the initial till sampling and geology portion of the current field exploration program on its Kwai property located in the Red Lake mining district has been completed. The Induced polarization geophysical survey is still in progress.

Electrum Global Holdings L.P. Acquires Common Shares of Southern Silver Exploration Corp.

June 22, 2020

As a result of the Warrant Exercise, Electrum owns 51,759,593 Common Shares and Warrants exercisable for 11,000,000 Common Shares, representing 36.64% of the issued and outstanding Common Shares or 41.22% upon exercise of the Warrants.

MAG Silver Appoints Peter Barnes as Board Chair

June 22, 2020

“Under Jonathan’s leadership, the foundation was laid for the Company to make the transition into production,” said Peter Barnes. “I look forward to serving as MAG’s new Board Chair, as the Company becomes a significant silver producer.”

GR Silver Mining Reports High-Grade Silver-Gold Drill Results at Plomosas

June 22, 2020

GR Silver Mining President and CEO, Marcio Fonseca, commented, “We continue to systematically review the extensive un-released historical and recent drill hole database at the Plomosas Silver Project. The review confirms the presence of high-grade Au-Ag zones, which were not previously explored and evaluated by previous owners, nor integrated into a resource estimation. Most of the new mineralized veins are accessible through existing underground development, which facilitates planning of additional underground drilling and provides opportunities for new discoveries.”

Argonaut Gold and Alio Gold Receive Mexican Anti-trust Approval

June 22, 2020

COFECE approval was the final government agency approval required before completing the merger, which is anticipated to occur between June 29, 2020 and July 3, 2020.

Riverside & BHP Progress into Second Year of Exploration Funding Agreement for Copper Discovery

June 22, 2020

Riverside’s President and CEO, John-Mark Staude, stated: “We are delighted to continue our joint program and although having to modify the work program during the COVID times, BHP has been steadfast with Riverside in commitment to the exploration potential and discovery work we have in front of us while adjusting to the realities of working safely with regard for all stakeholders. Last year we acquired ground and now with this new funding we can progress in unlocking the value and acquiring additional prospects. We are excited for the progress and potential of this collaborative copper program and see great potential for drilling copper discoveries in Sonora.”

Steelmaker Altos Hornos de Mexico says will lay off 2,400 workers

June 19, 2020

A unit of Mexican steelmaker Altos Hornos de Mexico (AHMSA) said on Friday it will lay off 2,000 workers in Mexico and 400 in Texas after state power company the Federal Electricity Commission “unilaterally” canceled a contract to purchase coal.