Tag: Investor’s Corner

Fortuna reports updated first year gold doré production plan for the Lindero Project, Argentina

Jorge A. Ganoza, President and CEO, commented, “Based on the results of the 2018 infill drill program and optimization of our mine plan, we have been able to identify higher grade mineralized areas for mining in Lindero´s first year of commercial production.” Mr. Ganoza added, “As we conduct additional studies on expanding the leach pad facility, the Company will be in a position to assess the ability to upgrade material from measured and indicated resources to reserves.”

Great Panther Completes Purchase of Outstanding Beadell Convertible Debentures

GREAT PANTHER MINING LIMITED reports, further to its news release dated March 5, 2019, that all holders of the outstanding senior secured debentures maturing on June 30, 2023 issued by Beadell Resources have accepted the Company’s repurchase offer made under the terms of the indenture governing the Debentures. The repurchase was completed today for an aggregate price of US$10,500,000, plus accrued interest.

Americas Silver Announces Creation of a Precious Metal Growth Company

The closing of the Pershing acquisition is a landmark event for Americas Silver shareholders, said Darren Blasutti, President & CEO of Americas Silver. The Company can immediately begin construction at Relief Canyon now that the Transaction has closed, and we have secured financing and Board approval. With Sandstorm as our financing partner, we have raised the necessary capital to fund the Project through to sustainable cash flow while adding an important strategic partner as the Company’s largest shareholder. The addition of Mr. Pierre Lassonde as a significant shareholder further strengthens and enhances confidence in the Project and the management of the Company.

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