Tag: Investor’s Corner

SilverCrest Metals Inc. is pleased to announce that it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Inc. and Desjardins Capital Markets, pursuant to which the Underwriters have agreed to purchase, on a bought-deal basis, 3,762,000 common shares of the Company at a price of C$5.85 per Share for aggregate gross proceeds to the Company of C$22.0 million.

GREAT PANTHER MINING LIMITED is pleased to report the appointments of Fernando Cornejo as Vice President of Projects & Technical Services and Marcelo Batelochi as Director of Exploration, Brazil.

Discovery Metals Corp. announces it has received conditional approval from the TSX Venture Exchange to complete the proposed plan of arrangement transaction with Levon Resources Ltd. as described in Discovery’s news release dated May 30, 2019, subject to standard closing conditions. Levon has also received conditional approval of the Toronto Stock Exchange in connection with the proposed transaction.

“We had another strong quarter of production despite significantly lower metal prices during the period – but it’s exciting to see the rebound in precious metal prices, particularly silver, in recent weeks,” stated Brendan Cahill, President and Chief Executive Officer. “Our focus on reducing dilution continued to deliver results with improved ore grades and increased metal production with further progress ongoing at the mine and mill. As indicated previously, we ended Q1 with a significant stockpile of fresh ore and concentrate. As a result, sales and revenues from the deferred material from Q1 will be reflected in our Q2 financial results.”

Recientemente, desde la Secretaría de Innovación y Desarrollo Económico se anunció que un nuevo proyecto en el área de minería estaba por concretarse. Se trata de la mina conocida como “Los gatos”, que se encuentra a un par de meses de iniciar operaciones en la comunidad de San José del Sitio en Satevó y cuya inversión corre por parte de la compañía Sunshine Silver Mine y Dowa Holdings Co. Ltd. Japan.

Silver One Resources Inc. announces that it has granted a total of 2,435,000 stock options to its directors, officers, consultants and advisors. The stock options have a five year term, are exercisable at $0.26 per share and subject to certain vesting requirements.

Americas Silver Corporation is pleased to announce that Eric Sprott has agreed to purchase 3,955,454 common shares of the Company at a price of CDN$3.30 per share, for a total investment of approximately US$10 million in a non-brokered private placement.

Taj Singh, President and CEO of Discovery commented, “We are excited to have Mr. Sprott’s support as we enter into our next phase of growth. His investment ensures Discovery is well funded to pursue its exploration plans for its Coahuila projects and also for the Cordero project, which will be added to Discovery’s portfolio upon closing of the Levon Transaction. For Discovery and Levon shareholders, Mr. Sprott’s investment is a strong endorsement of the combined company’s future business plans.”

Gold Resource Corporation reports preliminary production results for the second quarter ended June 30, 2019 of 9,559 ounces of gold, 467,484 ounces of silver and significant base metals. The Company currently maintains its 2019 Oaxaca Mining Unit production outlook and plans to increase its global production outlook once commercial production levels are reached at its Nevada Mining Unit’s Isabella Pearl gold project. The Isabella Pearl project reported the commencement of first gold production during the second quarter.

‘Our strong silver production reflects the continued outperformance of Greens Creek, which had higher grades and recoveries during the quarter as expected,’ said Phillips S. Baker, Jr., Hecla’s President and CEO. ‘San Sebastian is continuing to perform as expected as we continue the bulk sample test of the sulfide material. We expect gold production to be higher at both Casa Berardi and in Nevada in the second half of the year, particularly the fourth quarter.’