Pete Dougherty, President and CEO stated: “Our net cash position increased by $11.7 million during the quarter and as the quarter progressed, we started to see a rebound in operations after a challenging second quarter earlier this year.”
Marcio Fonseca, Goldplay President & CEO stated, “We welcome and thank our new investors who have participated in this Private Placement, adding to our strong list of shareholders. We embrace the opportunity to propel our strategy for systematic exploration and continued resource expansion by way of surface and underground drilling at San Marcial.”
Mr. Greg Smith, current Chief Executive Officer and Director said, “I would like to welcome Dan, Linda, Purni and James to Solaris. We are very pleased to have attracted an executive team of this calibre as we expand our exploration activities and prepare for a public listing.”
“We are very impressed by these initial first high-grade silver and gold sampling results from San Carlos which highlight the potential of the Panuco district. The sampling at San Carlos reveals what could be an attractive drill target with a mineralized vein evident in the lowest development level, just above the water table,” commented Michael Konnert, President and Chief Executive Officer of Vizsla.
“In the third quarter, our strong production results along with lower costs and higher metal prices drove a significant increase in cash generation for the business,” stated Keith Neumeyer, President and CEO of First Majestic.
“The third quarter performance, including our increased adjusted EBITDA results, demonstrates significant progress toward our twin financial goals of having no net revolver indebtedness at year end and refinancing our senior notes,” said Phillips S. Baker, Jr., President and CEO.
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