Tag: Investor’s Corner

Akiba Leisman, Executive Chairman and Interim CEO states that, “due to the record cash flow La Trinidad has generated from the over 30,000 ounces of gold sold in the last 4 months, we have excess cash to repay debt, invest in high return projects like our exploration programs at Commonwealth and La Trinidad, and buy our stock back at a fraction of fair value.”

Alta Vista Ventures Ltd. announces that it has received subscription agreements for a total of $253,500 or for 5,070,000 units at a price of $0.05 per Unit and has closed tranche one of its ongoing financing, subject to filings with the Canadian Securities Exchange. Alta Vista is undertaking a non-brokered private placement of up to 10,000,000 units at a price of $0.05 per unit to raise total proceeds of up to $500,000.

Camino Minerals Corporation is pleased to announce that Mr. Olav Langelaar has joined the Board of Directors of Camino.

Ms. Kearvell is an exploration geologist with over 30 years of experience working with junior and senior exploration and mining companies throughout North America and Mexico. She has worked exclusively in Mexico since 1994 during which time she co-discovered Teck Resources’ San Nicolas VMS deposit in Zacatecas State, managed the pre-feasibility field program at Goldcorp’s Los Filos Mine and led Teck’s exploration team that developed the Guerrero Gold Belt exploration model resulting in the El Limon-Guajes and Cerro Media Luna discoveries, currently operated by Torex Gold. She was most recently Vice President of Exploration at Newstrike Capital, where she led the Ana Paula Project discovery team until Newstrike’s acquisition by Timmins Gold in 2015. Prior to that, Ms. Kearvell worked as Vice President of Corporate Development for Aurea Mining where she introduced and promoted the GGB to capital markets, among other duties. Ms. Kearvell resides in Guadalajara, Mexico.

Candente Gold Corp. announces that it has granted a total of 250,000 incentive stock options to certain directors, officers, members of management and/or key consultants, as recommended by the Company’s Compensation and Governance Committee.

“I am very pleased to report that Avino continued to deliver strong financial and operating results in 2016, with consistent silver equivalent production and solid performance from our Avino and San Gonzalo mines, our cornerstone assets from which to grow the company from. We continue to meet management’s expectations, and with stringent cost controls we exited the year with strong fundamentals in place. Our steady results are due to the dedication of our teams in both Canada and Mexico. Our focus for 2017 remains consistent operating results and moving forward with our plans for plant and mine expansion to increase throughput capacity at the processing plant by an estimated 70%, the advancement of the Oxide Tailings Resource project, continued construction and consideration of new initiatives regarding tailings storage, and the previously announced three-phased expansion program at Bralorne.”

“I am very proud to announce that 2016 delivered Gold Resource Corporation’s sixth consecutive year of profitability, four years of which were in a difficult bear market,” stated Gold Resource Corporation CEO and President, Mr. Jason Reid. “Our Company posted annual net income of $4.4 million or $0.08 per share, returned $1.7 million back to our shareholders through dividends, and continued to invest in the Company’s future growth in both Mexico and Nevada while adding cash from operations to our bank account. Our numerous successes during 2016 were accomplished without raising money, without diluting shareholders through equity sales and without going into debt.

FIRST MAJESTIC SILVER CORP. is pleased to announce the promotion of Dustin VanDoorselaere, previously Vice President of Operations, to the role of Chief Operating Officer (COO) beginning March 1, 2017. Mr. VanDoorselaere, an experienced mining engineer, will be responsible for overseeing all operational functions at each of the Company’s six operating silver mines in Mexico.

Golden Minerals Company has today announced financial results for the full year ending December 31, 2016.

Santacruz Silver Mining Ltd. announces that its subsidiary, Impulsora Minera Santacruz S.A. de C.V., has renegotiated the terms of its agreement with Minera Hochschild Mexico S.A. de C.V. regarding the acquisition of a 100% interest in the San Felipe property and adjacent El Gachi property located near Hermosillo, Sonora, Mexico.