Tag: Investor’s Corner

“Our mines are performing well due to the strength of our operating teams and consistent and disciplined capital programs that have improved these longlived mines,” said Phillips S. Baker, Jr., Hecla’s President and CEO. “Greens Creek continues growing throughput, primarily due to increased efficiency at shift change as we utilize new technologies like remote monitoring systems and automated use of the LHD. Casa Berardi is now fully an underground and open pit mine and continues to set throughput records. San Sebastian’s production is primarily from stockpiled open pit material as we transition to the underground. The cash position is the second highest in the past 6 years, and we expect to deploy it to acquire Klondex in the second quarter.”

MEXICAN GOLD CORP. (TSX-V:MEX) (OTCQB:MEXGF) (FRA:4QW1) is pleased to announce that, further to its announcement on March 26, 2018, it has completed a non-brokered private placement for gross proceeds of $1,046,950 at a price of $0.30 per unit. Each Unit consisted of one common share of the Company and one common share purchase warrant. Each Warrant entitles the holder to purchase one common share of the Company at a price of $0.60 per common share for a period of thirty-six months from the closing date of the Private Placement, whereupon the Warrants will expire.

Leagold CEO Neil Woodyer commented: “We are pleased to have a strong start to 2018 at Los Filos and expect further production improvements throughout the year. On closing of the Brio Gold acquisition, the combined company is expected to produce gold at a rate of approximately 450,000 oz per year from four mines in Mexico and Brazil.”

“Great Panther’s first quarter production improved significantly compared to the first quarter last year when the Topia plant was suspended for planned upgrades”, stated James Bannantine, President & CEO. “To date in 2018, our Mexican operations are performing steadily, with production in line with annual guidance, and we are continuing to make progress on the technical evaluation of the Coricancha Mine in Peru.”

Marlin Gold Mining Ltd. (TSX-V: MLN) is pleased to announce that Guillermo Kaelin has been appointed as a member of the board of directors, subject to approval of the TSX Venture Exchange.

“Cozamin outperformed in the first quarter, with production at Pinto Valley slightly lower than expectations and Minto impacted by lower grades,” said Darren Pylot, President and CEO of Capstone. “Consolidated production is expected to ramp up throughout the remaining quarters, aligned with our 2018 guidance.”

Ricardo Monreal Ávila, coordinador de la segunda circunscripción de la coalición Juntos Haremos Historia, pidió la intervención del gobernador Alejandro Tello, del presidente nacional del PRI, Enrique Ochoa Reza, y de la empresa Fresnillo PLC para evitar confrontaciones.

At market open today the Company’s common shares and warrants will trade under the symbols “EQXGF” and “EQXWF”, respectively, on the OTC Markets. Equinox Gold’s common shares and warrants will continue trading under the symbols “EQX” and “EQX.WT”, respectively, on the TSX Venture Exchange.

Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American, GV6: FSE) is pleased to announce that it has entered into an agreement with Cantor Fitzgerald Canada Corporation to act as lead agent and sole bookrunner in connection with a best efforts private placement offering of flow-through common shares at an offering price of CDN $2.00 per FT Share for aggregate gross proceeds of up to CDN $5,000,000. The Company will also grant to CFCC an option, exercisable in whole or in part at any time up to two days prior to the Closing Date to arrange for the purchase at the offering price of up to an additional 500,000 FT Shares, or up to a further CDN $1,000,000 in gross proceeds.

MX Gold Corp. (TSX-V:MXL) (FSE:0DV) (OTCQX:MXLGF) is pleased to announce that it has signed a non-binding letter of intent and four binding agreements that collectively propose to sell the Company’s entire mining portfolio in an arm’s length transaction to a private numbered company for the aggregate purchase price of approximately CDN$14,952,000. The Company intends to use the funds to expand its existing and successful cryptocurrency mining pilot project of 360 mining units through the purchase of an additional 2,000 mining units under its existing lease arrangements located in Manitoba. The proposed sale of its mineral exploration assets and expansion of its cryptocurrency business will constitute a Change of Business as defined by the policies of the TSX Venture Exchange.